Portland, OR, Nov. 10, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global vitrified tiles market was estimated at $448.6 million in 2020 and is expected to hit $757.0 million by 2030, registering a CAGR of 5.0% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.
Rise in urbanization & industrialization in developing countries, surge in expenditure on home remodeling, and developments in the construction sector drive the growth of the global vitrified tiles market. On the other hand, volatile raw material prices and popularity of natural stones for flooring impede the growth to some extent. However, Implementation of advanced digital printing is expected to create lucrative opportunities in the industry.
Download Sample PDF (305 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/3339
COVID-19 scenario-
- Extended lockdown measures across the world and delay in production and manufacturing of vitrified tiles impacted the global vitrified tiles market negatively.
- However, as the global situation is getting ameliorated at a slow & steady pace, the market is anticipated to revive soon.
The global vitrified tiles market is analyzed across product type, distribution channel, application, end user, and geography. By product type, the glazed vitrified tiles segment contributed to the major share in 2020, accounting for nearly two-fifths of the global vitrified tiles market, and is expected to lead the trail during the forecast period. The same segment is also anticipated to cite the fastest CAGR of 6.0% from 2021 to 2030.
Get detailed COVID-19 impact analysis on the Vitrified Tiles Market Request Here
By distribution channel, the offline segment held the highest market share in 2020, holding more than half of the global market. The online segment, however, is projected to manifest the fastest CAGR of 5.6% from 2021 to 2030.
By region, Asia-Pacific held the highest market share in terms of revenue 2020, garnering more than half of the global vitrified tiles market. The same region is also expected to showcase the fastest CAGR of 5.7% throughout the forecast period. The other provinces discussed in the report include North America, Europe and LAMEA.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/3339
Leading Players:
The key market players analyzed in the global vitrified tiles market report include Altaeco S.p.A, Aparna Enterprises Ltd, Asian Granito India Limited, SCG Ceramics, ABK Group, Casalgrande Padana spa, Ceramica Del Conca spa, Lamosa Group, Mohawk Industries, Inc., Kajaria Ceramics Limited. These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
Similar Reports:
Quarry Tiles Market - Global Opportunity Analysis and Industry Forecast, 2021–2030
Automatic Turnstiles Market - - Global Opportunity Analysis and Industry Forecast, 2020 –2027
Wall Covering Market - Opportunity Analysis and Industry Forecast, 2021–2030
Interior Finish Plaster Market - Global Opportunity Analysis and Industry Forecast, 2020 –2027
Building and Road Construction Equipment Market - Global Opportunity Analysis and Industry Forecast, 2021–2030
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285,
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on | Facebook | Twitter | LinkedIn
