The Global Ceramic Tiles Market was $254.2 Bn in 2020, and it is expected to reach $620.1 Bn by 2030. It is eventually growing at a commendable high compound annual growth rate CAGR of 9.3% between 2020-2030. However, in the current pandemic of COVID-19 might make a slight difference in the growth rate in the current year. Having a durable, environment friendly, and rigid texture ceramic tiles have robust demand for the construction department. Ceramic tiles can be used in the green building, walling, flooring and other places. Now, Moving forward, robust demand for Global Ceramic Tiles Market in the construction department is further estimated to create new necessities and augment the market of growth over the forecast period of 2020-2030.
Global Ceramic Tiles Segment Is Estimated to Witness Remarkable Growth
Source: SAI Research
The global Ceramic tiles market is segmented as application, construction type, and end-user. By application, the global ceramic tiles market divided into Introduction, Floor, Wall, Roof, and Others. By construction type, the ceramic tiles market is bifurcated as Introduction, New Construction, and Replacement & Renovation. By end-user, the global ceramic tiles market has been divided as Introduction, Residential, Non-Residential, Commercial, Institutional & Healthcare, and Public Facilities.
By Region, Asia Pacific is Holding the Major Market Share
The global Ceramic Tiles Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa region. In addition to this, Asia Pacific has a significant share among those regions. However, it is estimated to show that in the next forecast period, it has the highest compound annual growth rate due to some major Ceramic Tiles providers. The country demand for the construction site and the nearest region demand, advance technology, and availability of raw material boost the ceramic market in this region. Apart from that, it is expected that North America also has a possibility to increase the growth rate in the next forecast periods.
Major Players in Global Ceramic Tiles Market
The report covers a detailed outlook of the company, and it includes the market share and company or industry profiles of key players operating in the global market. Key players in the report include Mohawk Industries, Siam Cement, Grupo Lamosa, Kajaria Ceramics, NITCO Tiles, China Ceramics, Johnson Tiles (H & R), Ceramica Saloni, Florida Tiles, Ceramiche Atlas Concorde, Gruppo Ceramiche Ricchetti, Porcelanosa Grupo, Orient Bell Ceramics, Asian Granito, and Grespania among others.
The Global Ceramic Tiles Market Has Been Segmented into:
Global Ceramic Tiles Market, By Application, 2020- 2030 ($Bn)
Global Ceramic Tiles Market, By Construction Type, 2020- 2030 ($Bn)
Global Ceramic Tiles Market, By End-User, 2020- 2030 ($Bn)
Global Ceramic Tiles Market: By Region, 2020- 2030 ($Bn)