Ceramic Tiles Market size worth $178.16 billion by 2024 - PowerPoint PPT Presentation

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Ceramic Tiles Market size worth $178.16 billion by 2024


Ceramic Tiles Market size was USD 76.80 billion in 2015, and is anticipated to grow at a CAGR of 9.8%. North America, led by the U.S. ceramic tiles market size was valued more than USD 1.4 billion in 2015. Mohawk Industries, Siam Cement Group, Ras Al Khaimah Ceramics, Lamosa Grupo and Kajaria Ceramics are prominent Ceramic tiles industry players. – PowerPoint PPT presentation

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Title: Ceramic Tiles Market size worth $178.16 billion by 2024

Ceramic Tiles Market Size, Share Industry
Report, 2024
Global Ceramic Tiles Market size worth 178.16
billion by 2024
Global Market Scenario of Ceramic Tiles Industry
  • Ceramic Tiles Market size is set to reach USD
    178.16 billion by 2024 according to a new
    research report by Global Market Insights, Inc.
  • Increasing construction spending globally is the
    key factor driving global ceramic tiles market
    share over the forecast timeframe. Asia Pacific,
    mainly led by China, Japan and India construction
    business is experiencing robust growth owing to
    boost industry growth. China was the major
    industry contributor, with construction expenses
    over USD 1.7 trillion in 2015. Government
    initiatives towards infrastructure development,
    rising disposable income and high population
    density are some of the other factors which are
    positively influencing construction sector,
    consequently stimulating ceramic tiles market
  • Robust growth in flooring industry, which is an
    essential portion of residential and commercial
    structure including airports, railway stations
    and hospitals, will boost ceramic tiles market
    share by 2024. In addition, flooring market size
    in Europe was roughly 3 billion square meters in

  • Key raw materials used in product processing
    includes silica sand, kaolin, Feldspar and
    bentonite. In 2015, bentonite clay price was
    approximately USD 65 per ton. Increasing raw
    material prices post economic downturn of 2008,
    will negatively influence ceramic tiles market
    share over the forecast timeframe.
  • Furthermore, rising demand of these raw materials
    across various end user industries including
    thermal electrical insulation, glass, paints,
    food packaging and refractories may affect
    ceramic tiles market price trend.
  • Sanitary ware and ceramic tiles processing
    (machining operations, drying, firing) results in
    dust formation, GHG emissions and formation of
    particulate matter. This may further hamper
    industry growth due to stringent environmental
  • Get more details _at_https//www.gminsights.com/ind

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  • Application Analysis
  • In 2015, floor ceramic tiles market share was
    valued at over USD 39 billion. Enhanced product
    quality including shock thermal resistance and
    high durability compared to hardwood and other
    flooring material will drive industry growth by
  • Ceramic tiles market for wall might witness gains
    exceeding 9.5 over the forecast timeframe. Wall
    tiles are sunlight resistant which helps in
    retaining its color for extended years. Also,
    these are available in a wide spectrum of colors
    which makes them desirable in walls. These are
    widely used in kitchens owing to their easy to
    clean characteristics.
  • In 2015, ceramic tiles market size for
    residential replacement application was valued
    more than USD 36 billion. Rising remodeling
    spending to enhance floor wall appearances will
    drive growth.

  • Regional Analysis
  • In 2015, North America, mainly led by the U.S,
    generated revenue above USD 1.4 billion.
    Inclining remodeling activities laterally with
    forthcoming construction projects, including both
    residential and commercial buildings, are the
    major drivers for regional ceramic tiles market
  • Asia Pacific will experience highest growth at
    over 10. Growing construction spending in China,
    Japan and India will drive regional ceramic tiles
    market size. Furthermore, drifting trend towards
    replacing marble floors, metal slabs and paints
    will further drive regional growth.

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  • Competitive Market Share
  • Ceramic tiles market share was fragmented. Siam
    Cement Group, Mohawk Industries, Lamosa Grupo,
    Ras Al Khaimah Ceramics and Kajaria Ceramics are
    significant industry share contributors. Other
    industry participants are Florida Tile,
    Crossville, Ceramiche Atlas Concorde S.P.A. and
    China Ceramics.
  • Request for sample report_at_


Latest Research Report On Ceramic Tiles Market _at_
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