Residential is expected to remain the largest segment in the global ceramic tile market


Posted August 5, 2022 by Lucintel

An exciting new study from the team of Lucintel found that ceramic tile market is expected to reach $162.2 billion by 2027 with a CAGR of 7.2%.

 
An exciting new study from the team of Lucintel found that ceramic tile market is expected to reach $162.2 billion by 2027 with a CAGR of 7.2%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The ceramic tile market is segmented based on application, product type, and region. In this market, residential is expected to remain the largest application, and floor tiles segment is expected to remain the largest product type. Players can benefit from the available opportunities like a larger construction industry in this region with changing lifestyle and growing end use industries, especially in China and India.
Increasing demand for vitrified tiles, 3D tiles, designer tiles, acceptance of eco-friendly tiles, and introduction of nano-technology are emerging trends having impact on dynamics of the industry.
Mohawk Industries, Inc., Atlas Concorde, Ras Al Khaimah Ceramics PSC, Grupo Lamosa, and Interceramic are some of the major players profiled in this XX page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the ceramic tile market by application (residential, commercial), product type (floor tiles, wall tiles, and other tiles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the ceramic tile market?
Q.4 What are some changing demands of customers in the ceramic tile market?
Q.5 What are the new developments in the ceramic tile market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this ceramic tile area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this ceramic tile market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Issued By Lucintel LLC
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https://www.lucintel.com/ceramic-tile-market.aspx
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Categories Business
Tags ceramic tile market
Last Updated August 5, 2022