Global Ceramic Tiles strategic assessment and forecast till 2027


Posted August 9, 2021 by davidjones990

Ceramic Tiles Market was valued at US$ 210.1 billion in 2020, and it is expected to reach US$ 295.1 billion by 2027, with a CAGR of 6.8%, during the forecast period, 2021 - 2027.

 
The Global Ceramic Tiles Market is defined with the presence of myriad competitors, which has given rise to a highly competitive vendor scenario to exist. All The Research has announced the addition of a new report titled, ‘Global Ceramic Tiles Market’ to its vast database of research reports. With the penetration of new market participants on a regular basis, the global market is likely to witness an exceedingly heightened competition during the forecast period.
Rising population with rapid urbanization and industrialisation in many developing nations such as China, India, Saudi Arabia and Brazil are the major drivers for the surge in the Ceramic Market growth. The Global Ceramic Tiles Market was valued at US$ 210.1 billion in 2020, and it is expected to reach US$ 295.1 billion by 2027, with a CAGR of 6.8%, during the forecast period, 2021 - 2027.
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The Global Ceramic Tiles Market research report will mark the analysis of all the segments with the market information over the approaching years, the data on previous years, present market size, CAGR, aggregate market share and market forecast by all segments, by region, as well as the SWOT analysis for the market, industry trends, competitive analysis, and qualitative and quantitative data with regards to the market.
Most of the players operating in the market are expected to expand their presence by concentrating on product diversification and development, accordingly making them acquire a leading share of the market. Expansion in emerging countries to elevate growth and increase product sales is also considered to be one of the major strategies implemented by the majority of players functioning in the global Ceramic Tiles market. This is chiefly due to the untapped potentials present in the emerging economies, in terms of product pricing and revenue generation.
Some of the leading competitors functioning in this market are:
Mohawk Industries, Inc., SCG Ceramics, Inc., Grupo Lamosa, Grupo Cedasa, RAK Ceramics, Pamesa, Kajaria Ceramics Ltda, Siam Cement Group Public Company Limited, Ceramica Carmelo Fior, Grupo Fragnani, STN Ceramica, Iris Ceramica, Crossville Inc, Florida Tile, Interceramic, and among Others
By Product
• Glazed
• Porcelain
• Scratch-free
• Other Products
By Application
• Floor Tiles
• Wall Tiles
• Other Applications
By Construction Type
• New Construction
• Replacement and Renovation
By End-User
• Residential
• Non-residential
Recent News
• In June 2020, RAK Ceramics, , one of the top ceramic brands globally announced its collaboration with Azizi Developments for the supply of floor and wall tiles, and kitchen and bathroom fittings for the MBR City waterfront project in Dubai, the UAE.
• In December 2019, Kajaria Ceramics, an Indian based leading ceramic tiles company has introduced Trends 2020 which is an exquisite range of ceramic tiles manufactured for the southern parts in India.
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Tags ceramic tiles , ceramic tiles market
Last Updated August 9, 2021