The Global Ceramic Tiles Market was valued at USD 210.1 Bn in 2020 is expected to reach USD 295.1 Bn by 2027, with a growing CAGR of 6.8% during the forecast period.
Ceramic tiles are multipurpose products that have varied applications globally for construction related work. The ceramic tiles are gaining popularity across globe owing to the rising population and increase in the disposable income. Increasing investments in non-residential construction projects by governments in developing economies such as China, India, Saudi Arabia and Brazil are also prominent factors driving the ceramic tiles market. Construction projects such as Lusail City in Qatar, King Abdullah Economic City in Saudi Arabia and the Oman rail network will employ large quantities of ceramic tiles in big infrastructure projects which will in turn fuel demand for ceramic tiles.
Moreover, in the past few years there has been a rise in residential construction which is positively driving the demand for ceramic tiles globally. For instance, number of housing units in U.S. rose from 132.29 million in 2011 to 140.8 million. Increase in construction activities like new constructions, replacements and renovations are prominent factor in driving the ceramic tiles market. Also, government in many countries such as India are providing home loans with low interest rate, which will in turn fuel the ceramic market growth.
In addition, there is a shift in consumer preference towards replacing marble floors, paints, metal slabs and other home decor products with ceramic tiles. As the ceramic tiles can be customized as per consumer preferences is further fuelling the adoption rate. Ceramic tiles are available in various textures, designs, colours, sizes and shapes and are now used as an alternative to hardwood and other flooring products like concrete and marbles. Due to these properties, along with their anti-skid, lightweight and anti-bacterial properties, these tiles are commonly used in hotels, hospitals, pharmaceutical manufacturing facilities and laboratories.
The Global Ceramic Tiles Market Segmentation:
By Construction Type
Based on Product, Porcelain ceramic tiles are the most dominant category in the ceramic tiles industry and is expected to show a high growth during the forecast period
Based on product, the global ceramic tiles market can be segmented as Glazed tiles, Porcelain tiles, Scratch-free tiles and other products. Among which, Porcelain ceramic tiles holds the largest share in the ceramic tiles industry in the year 2020 and is expected to witness a high growth during the forecast period. Porcelain is a finer type of clay ceramic tile. It is made from a higher ratio of quartz and silica, and is fired or baked at a higher temperature, thus offer better durability to the floors.
There has been an increase in the demand for porcelain tiles in the recent years due to their superior properties like anti-bacterial properties, water absorption and slip resistance. These properties make porcelain tiles highly popular for hospitals, kitchens and bathrooms. Additionally, porcelain ceramic tiles also offer bacteria resistance, thereby makes it long lasting. Also, stain and chemical resistance offered by the product is also expected to boost the demand for the ceramic tiles because of its rising use in institutional buildings, hotels and shopping malls. In addition, a wide variety of patterns and colours make porcelain tile a chameleon of sorts. Also, improvement in production technology has made it possible to produce tiles of larger dimensions, thereby positively influencing the growth of the market. Glazed, etched, and texturized, porcelain tiles can resemble hardwood planks, expensive marble, or industrial bricks. These advantages help in positively driving the ceramic market growth.
Based on Application, the floor application has accounted for the largest market share in the ceramic tiles market, in 2020 and will continue to hold its market position throughout the forecast period.
On the basis of application, the global ceramic market can be segmented as Floor Tiles, Wall Tiles and other applications such as roof, among many other. The floor segment has accounted for the largest share in the ceramic tiles market, in terms of value, in 2020 and will continue to hold its market position throughout the forecast period. Ceramic tiles are an ideal option for flooring because of their properties like strength, low maintenance, water-resistance, high durability and reliability. The hassle-free installation techniques and development of new products have prominently impacted the ceramic tiles market in commercial flooring. Ceramic floorings are eco-friendly and cost-effective solutions. Owing to these properties, there has been an increase in application of these tiles in healthcare centres, malls, government offices, hotels and sports institutes, where the expected footfall is high, as well as in residential buildings. Being water-resistant and easy to clean, they are the best solution for the kitchen and bathroom floors.
In addition, Ceramic wall tiles is also expected to register a notable growth owing to evolving home decor concept, their rising demand for wall tiling patterns for their use in living spaces. In addition, expansion of product line by the brand owners, particularly to serve new application areas beyond kitchens and bathrooms are also expected to drive the ceramic tile market over the coming years.
Based on End-User, Non-Residential end-user segment has accounted the highest growth rate in 2020 and is expected to show a similar growth trend over the forecast period
Based on end-user, the ceramic tiles market is being segmented as residential and non-residential. The non-residential segment has accounted the highest market share in 2020 and is expected to show a similar growth trend over the forecast period. Rising demand for highly durable and cost-efficient ceramic flooring for use in high-traffic commercial and industrial sectors is expected to drive the market over the forecast period.
Non-residential construction segments like shopping malls and hotels are more and more using these ceramic tiles as they offer superior aesthetics that are cost effective. In addition, increased investments in the non-residential sector by governments and private sector is anticipated to positively drive demand for ceramic tiles. For instance, The Ministry of Energy, Saudi Arabia states that the country has planned to invest USD 425 billion over the next ten years in its infrastructural and industrial programs. Owing to several properties such as low maintenance, water-resistance, anti-skid, these infrastructural and industrial programs will deploy huge number of ceramic tiles and positively drive the ceramic tiles market.
Based on Region, Asia-Pacific is the fastest-growing market and is expected to dominate the global ceramic tiles market during the forecast period
On the basis of region, the global ceramic tile market can be segmented as North America, Europe, Asia Pacific, Latin America and Middle East & Africa. According to the World Bank, the Asia Pacific is the fastest-growing region, in terms of both population and economic growth. According to the Population Reference Bureau, India, China and other emerging APAC countries had a combined population exceeding 4 billion in 2020. The rising population, rapid urbanization and increasing consumer disposable income in this region play a vital role in the ceramic tiles market in the Asia-Pacific region. China is the largest contributing country in this region followed by India, Vietnam, and Indonesia.
The expansion of residential and non-residential sectors because of rising sustainable economic growth in this region is also expected to boost construction activities, thereby, driving product demand over the forecast period. Additionally, government regulations and frameworks, such as tax benefits and incentives, has attracted many industry players to enter the lucrative market of Asia Pacific which in turn is fuelling the market growth.
North America is another dominant region in the ceramic tiles market and is expected to show a significant growth during the forecast period on account of the rising construction of non-residential and residential buildings in the region. In addition, presence of several renowned ceramic tile manufactures such as Dal-Tile Corp., Shaw Industries Group,Inc., Marazzi because of the availability of raw material and a high portion of the untapped market is positively driving the ceramic tiles market in this region.Company Profiles and Competitive Intelligence:
The key players operating in the market are:
The report also provides an in-depth analysis of ceramic tiles market dynamics such as drivers, restraints, opportunities, and challenges:
COVID-19 Impact on the Ceramic Tiles Market Analysis:
The COVID-19 pandemic has significantly impacted the ceramic tiles industry. The construction work all over the globe temporary restricted due to the increased in the cases of COVID-19. The government across the globe imposed strict lockdown which resulted in the shutdown of the many industries. However, the impact of the slowdown of the construction industry was felt by the ceramic tiles industry as well. Apart from the shutdown of production facilities, the cancellation of several projects in the commercial and industrial construction sector will lead to the reduced demand for ceramic tiles in 2020. A more detailed analysis specific to this industry will be provided in the report.
The report also provides in-depth analysis of key market trends:
The report also provides in-depth analysis of recent News Developments and Investments:
The unique insights provided by this report also includes the following:
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Section 1: Introduction
Section 2: Research Methodology
Section 3: Executive Summary
Section 4: Premium Insights
Section 5: Market Overview & Competitive Landscape
Section 6: Market Size and Share Analysis
Section 7: Market Dynamics
Section 8: Future Forecast & Impact of COVID-19
Section 9: Regional Market Size and Share Analysis
Section 10: Company Profile