Dublin, Aug. 23, 2021 (GLOBE NEWSWIRE) -- The "Ceramic Tiles - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Ceramic Tiles Market to Reach $91.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Ceramic Tiles estimated at US$58.7 Billion in the year 2020, is projected to reach a revised size of US$91.1 Billion by 2027, growing at a CAGR of 6.5% over the analysis period 2020-2027.
Porcelain, one of the segments analyzed in the report, is projected to record a 6.6% CAGR and reach US$40.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Glazed segment is readjusted to a revised 6.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $15.9 Billion, While China is Forecast to Grow at 9.8% CAGR
The Ceramic Tiles market in the U.S. is estimated at US$15.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.7 Billion by the year 2027 trailing a CAGR of 9.8% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
Scratch Free Segment to Record 5.6% CAGR
In the global Scratch Free segment, USA, Canada, Japan, China and Europe will drive the 5.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.4 Billion in the year 2020 will reach a projected size of US$6.2 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$12.4 Billion by the year 2027, while Latin America will expand at a 6.8% CAGR through the analysis period.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Ceramic Tiles: Offering Versatility, Durability, Reliability, Sustainability, and Extended Life to Walls and Floors
- Recent Market Activity
- Major Factors Influencing Market Growth: Ranked in the Order of Importance
- Technological Trends in a Nutshell
- Style Trends in a Nutshell
- Global Market Outlook
2. FOCUS ON SELECT PLAYERS (Total 162 Featured)
- British Ceramic Tile (UK)
- Canteras Cerro Negro SA (Argentina)
- Cecrisa S.A (Brazil)
- Ceramica Carmelo Fior (Brazil)
- Ceramica Cleopatra Group (Egypt)
- Ceramika Tubadzin II Sp. z o.o (Poland)
- Ceramiche Refin S.p.A (Italy)
- Clayhaus Ceramics (USA)
- Cristal Ceramica S.A. (Spain)
- Crossville, Inc. (USA)
- Corona Group (Colombia)
- Dongpeng (China)
- Dynasty Ceramic Public Company (Thailand)
- Eliane Revestimentos Ceramicos (Brazil)
- Florim USA Inc. (USA)
- Grespania SA (Spain)
- Gruppo Concorde S.p.A
- Ceramiche Atlas Concorde S.p.A. (Italy)
- Grupo Cedasa (Brazil)
- Grupo Fragnani (Brazil)
- Grupo Uralita (Spain)
- Gruppo Ceramiche Ricchetti SpA (Italy)
- H & R Johnson (India)
- Ilva S.A. (Argentina)
- Internacional De Ceramica SA DE CV (Mexico)
- Iris Ceramica SpA (Italy)
- Johnson Tiles Limited (UK)
- Kajaria Ceramics Ltd. (India)
- Kaleseramik, Canakkale Kalebodur Seramik Sanayi A.S (Turkey)
- Lamosa Revestimientos S.A. de C.V. (Mexico)
- Porcelanite-Lamosa (Mexico)
- Lasselsberger GmbH (Austria)
- Lasselsberger, a. s (Czech Republic)
- Malaysian Mosaics Berhad (Malaysia)
- Mannington Mills Inc. (USA)
- Mohawk Industries (USA)
- Marazzi Group S.p.A. (Italy)
- Mulia Ceramics (Indonesia)
- Mulia Inc. (USA)
- Pamesa Ceramica SL (Spain)
- Panariagroup Industrie Ceramiche S.p.a. (Italy)
- Florida Tile, Inc. (USA)
- Pilkington Group Plc (UK)
- Portobello SA (Brazil)
- PT Arwana Citramulia Tbk (Indonesia)
- RAK Ceramics Co. (UAE)
- Roca Sanitario, S.A. (Spain)
- Rovese S.A. (Poland)
- Saudi Ceramic Company (Saudi Arabia)
- Shaw Industries, Inc. (USA)
- Somany Ceramics Ltd. (India)
- The Celima (Trebol Group) (Peru)
- The Ceramic Industries Group (South Africa)
- The Siam Cement Public Company Limited (Thailand)
- Manufacturas Vitromex, S.A. de C.V. (Mexico)
- Vitromex (USA)
- White Horse Ceramic Industries Sdn Bhd (Malaysia)
3. MARKET TRENDS & DRIVERS
- Smart Multi-Purpose Tiles: The Next Big Thing
- Smart Ceramic Tiles to Target Important Consumer Segments
- Effetto Solo TTI: Innovation in Ceramic Tiles Heating
- Revolutionary Decorative Trends
- Ceramic Tile Manufacturing and Industry 4.0
- Digital Disruption in the Building Materials Industry Drive Healthy Market Growth for Ceramic Tiles
- Migration from Traditional to Digital Ceramic Tiles Manufacturing
- Disadvantages of Traditional Process
- Advantages of Digital Inkjet Printing
- Growing Popularity of Larger and Thinner Ceramic Tiles Benefit Market Expansion
- Stone Tile: Imitating Nature
- Despite Competition from Luxury Vinyl Tiles (LVT) and Timber, Ceramic Tiles Continue to Sustain Market Demand
- Sustainable, Safe, and Clean Attributes Propels Demand for Wooden Ceramic Tiles
- Multipurpose Tiles Gains Popularity
- Market Fortunes Intrinsically Tied to the Construction Industry Dynamics
- Exponential Increase in Global Urban Population: A Strong Growth Driver Boosting Market Demand
- Demographic Transformations Strengthen Market Prospects
- Rising Global Population Propels Demand for Housing Units and Infrastructure
- Burgeoning Middle Class Population Worldwide Spurs Market Growth
- Developing Countries Continue to Drive Current and Future Market Growth
- Surge in Infrastructure Development Powers Demand Growth
- Rising Standards of Living Fuel Market Expansion
- India & China Offer Significant Growth Opportunities
- Digital Ceramic Tile Printing
- Digital Inkjet Printing: The Most Advanced Digital Printing Technology
- Functions of a Printhead
- Xaar's Technology Eliminate the Drawbacks of Earlier Piezoelectric Printheads
- Imminent Developments in Digital Inkjet Printing
- Sustainable Ceramic Tiles
- Lumentile: Integrating Ceramic Tile's Simplicity with Sophisticated Touchscreen Technology
- LIFECERAM Create Tiles from Waste Products for Use in Urban Paving
- Latest Tile Innovations by Spain Based Companies
- Tile of Spain Pioneers Recent Ceramic Tile Innovations
- Energy-Efficient Ceramics Production
- Advancements in Roofing Tiles Offer Improvised Designs, Textures and Properties
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 162
For more information about this report visit https://www.researchandmarkets.com/r/bikc7t
