Ceramic Tiles Market Size - By Product (Floor Tiles, Wall Tiles), By Usage (Repairs & Renovation, New Construction), By End-user (Residential, Commercial, Institutional), Growth Drivers, Regional Insights & Forecast, 2023 - 2032
Published on: 2024-07-08 | No of Pages : 240 | Industry : Construction
Publisher : MRA | Format : PDF&Excel
Ceramic Tiles Market Size - By Product (Floor Tiles, Wall Tiles), By Usage (Repairs & Renovation, New Construction), By End-user (Residential, Commercial, Institutional), Growth Drivers, Regional Insights & Forecast, 2023 - 2032
Ceramic Tiles Market Size - By Product (Floor Tiles, Wall Tiles), By Usage (Repairs & Renovation, New Construction), By End-user (Residential, Commercial, Institutional), Growth Drivers, Regional Insights & Forecast, 2023 - 2032
Ceramic Tiles Market Size
Ceramic Tiles Market size is estimated to register a CAGR of 5.5% between 2023 and 2032, due to the rapid rise in urbanization and the global construction boom, which are fostering increased demand for aesthetically pleasing yet durable flooring and wall solutions. Moreover, the growing awareness of environmental sustainability has prompted a shift towards eco-friendly materials, fueling the need for ceramic tiles due to their natural composition and recyclability.
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Technological advancements in tile manufacturing are also playing a pivotal role in industry expansion, enabling the creation of innovative designs, sizes, and finishes that cater to diverse consumer preferences. Additionally, the rise of the housing sector, both in residential and commercial spheres, alongside remodeling and renovation activities, will bolster the market outlook.
Report Attribute | Details |
---|---|
Base Year | 2022 |
Forecast Period | 2023-2032 |
Forecast Period 2023-2032 CAGR | 5.5% |
Historical Data for | 2018 to 2022 |
No. of Pages | 110 |
Tables, Charts & Figures | 232 |
Segments covered | Product, Usage, End-user and Region |
Growth Drivers |
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Pitfalls & Challenges |
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Market Growth Drivers & Restraints
Escalating demand for elegant yet resilient flooring solutions in the hospitality and healthcare sectors is providing significant impetus to ceramic tiles market growth. Furthermore, the integration of digital printing technology into tile manufacturing is fostering intricate and customizable designs, catering to evolving consumer preferences. A key factor in this progress was the use of aqueous inkjet inks, developed to meet new environmental goals, reducing air pollutants and volatile organic compounds, whilst creating brightly colored tile designs. Urbanization, coupled with government initiatives promoting infrastructure development, will also fuel product demand.
High energy consumption during production and the subsequent impact on the sustainability quotient may emerge as a challenge to ceramic tiles industry development. Fluctuating raw material costs may also pose challenges, influencing pricing strategies and potentially hindering market growth. Additionally, the availability of alternative flooring materials, like vinyl and laminate, may present competition.
COVID-19 Impact
The COVID-19 pandemic exerted a substantial influence on the ceramic tiles market. Initially, widespread lockdowns and disruptions in construction activities led to a slump in demand. In addition, the market gradually rebounded as remote work bolstered the uptake of home improvement projects. According to the Joint Center for Housing Studies of Harvard University's report "Improving America's Housing 2021,", home improvement and repair expenditures surged over 3%, reaching almost $420 billion in 2020, despite a 3.5% contraction in the US economy, reflecting the rapid adaption of living spaces for remote work, schooling, and recreation due to the COVID-19 pandemic.
Consumers began to seek hygienic and easy-to-maintain options for renovations, driving interest in ceramic tiles. While supply chain interruptions posed challenges, the growing preference for online shopping and renewed construction efforts contributed to the market's recovery, albeit with shifts in consumer preferences and purchasing behavior.
Ceramic Tiles Market Trends
Personalization is emerging as a key trend in the ceramic tiles industry, with custom designs and patterns catering to individual preferences. Large-format tiles are gaining demand for their seamless and spacious aesthetic. Furthermore, augmented reality tools are revolutionizing the shopping experience by allowing customers to visualize tiles in their spaces before purchase. Sustainable and eco-friendly tiles are also becoming essential, aligning with environmentally conscious consumers.
Ceramic Tiles Market Analysis
The new construction usage segment holds a substantial share of the ceramic tiles market, owing to the rapid rise in sustainable building practices. Ceramic tiles, often made from natural materials, align with eco-friendly construction trends, increasing adoption in new projects. Ceramic tiles offer a wide range of design options, including various colors, patterns, and textures, allowing builders to cater to diverse architectural styles and interior preferences. Moreover, their resistance to wear, moisture, and staining makes them a practical choice for high-traffic areas like kitchens and bathrooms. The usage of ceramic tiles in new constructions is on the rise due to their blend of durability, aesthetic appeal, and versatility.
Ceramic tiles market share from the residential end-user segment will experience substantial growth through 2032, due to the combination of style and functionality offered by the products. With an expanding array of innovative designs and textures, ceramic tiles are offering homeowners the opportunity to elevate interior spaces with unique aesthetics. Beyond visual appeal, hypoallergenic and easy-to-clean properties are also fueling product demand among families and individuals seeking low-maintenance solutions. As energy-efficient homes gain prominence, the ability to retain and radiate heat in compliance with sustainable living trends will boost the usage of ceramic tiles in residential establishments.
Asia Pacific ceramic tiles market is poised to witness more than 5.7% CAGR from 2023 to 2032, due to urbanization and the subsequent increase in construction activities along with population growth and economic development. Moreover, the flourishing real estate industry and the growing preference for modern interior design further propel the demand for ceramic tiles. As the region increasingly adopts sustainable practices, eco-friendly tiles align with environmental consciousness, boosting their popularity. The cultural significance and the tradition of using ceramics in architecture contribute to the market's growth, shaping a unique blend of heritage and contemporary appeal.
Ceramic Tiles Market Share
Some of the major participants operating in the ceramic tiles market are
- Mohawk Industries
- Ras Al Khaimah Ceramics
- Siam Cement Group Kajaria Ceramics
- Florida Tile
- Lamosa Grupo
- China Ceramics
- Crossville Inc.
- Ceramiche Atlas Concorde
Ceramic Tiles Industry News
- April 2022 - Sosuco Ceramic Company Limited, a wholly owned subsidiary of SCG Ceramics Public Company Limited, signed a joint venture agreement with LHCG Construction Store Co., Ltd. The aim of this partnership was to establish a new business entity that would focus on both retail and wholesale operations for ceramic tiles and related products in Cambodia, to meet the high demand for ceramic tiles in the Siem Reap and Banteay Meanchey regions.
- February 2022 - Kajaria Ceramics announced the installation of SACMI's advanced press, the SACMI Continua+ PCR2120, for its new tile manufacturing facility located in Tirupati, India. This state-of-the-art plant was established to facilitate the production of large porcelain slab tiles, incorporating the latest energy-efficient equipment and modern technologies.
This ceramic tiles market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032, for the following segments
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Market, By Product
- Floor Tiles
- Wall Tiles
Market, By Usage
- Repairs & Renovation
- New Construction
Market, By End-user
- Residential
- Commercial
- Institutional
The above information has been provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Table of Content
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis, 2021-2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Technological overview
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing demand for durable and stylish flooring solutions
3.6.1.2 Urbanization and infrastructure development
3.6.1.3 Renovation and remodeling trends
3.6.2 Industry pitfalls & challenges
3.6.2.1 Raw Material costs and availability
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Usage, 2021-2032 (USD Million) (Million Square Meters)
5.1 Key trends
5.2 Repairs & renovation
5.3 New construction
Chapter 6 Market Estimates & Forecast, By Product, 2021-2032 (USD Million) (Million Square Meters)
6.1 Key trends
6.2 Floor tiles
6.3 Wall tiles
6.4 Others
Chapter 7 Market Estimates & Forecast, By End Use, 2021-2032 (USD Million) (Million Square Meters)
7.1 Key trends
7.2 Residential
7.3 Commercial
Chapter 8 Market Estimates & Forecast, By Region, 2021-2032 (USD Million) (Million Square Meters)
8.1 Key trends
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 UK
8.3.2 Germany
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Russia
8.3.7 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Australia
8.4.6 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Mexico
8.5.3 Rest of Latin America
8.6 MEA
8.6.1 South Africa
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Rest of MEA
Chapter 9 Company Profiles
9.1 Ceramiche Atlas Concorde S.p.A.
9.2 China Ceramics Co., Ltd.
9.3 Crossville, Inc. ai Peroxide Company Limited
9.4 Florida Tile, Inc.
9.5 GRUPO LAMOSA
9.6 GRUPO PAMESA
9.7 Gruppo Ceramiche Ricchetti S.p.A.
9.8 KAJARIA CERAMICS
9.9 Mohawk Industries, Inc.
9.10 Porcelanosa Grupo
9.11 RAK CERAMICS
9.12 Ras Al Khaimah Ceramics
9.13 SCG CERAMICS
9.14 Siam Cement Group
9.15 Solvay S.A.
9.16 VICTORIA PLC