A recent market intelligence document published by Transparency Market Research presents an in-depth study on the healthy growth prospects of the global ceramic tiles market. The report states that the market will exhibit an excellent 9.2% CAGR over the period between 2013 and 2019, rising from a valuation of US$60.74 bn in 2012 to US$112.32 bn by 2019.The report is titled “Ceramic Tiles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019,” and is available on the company’s website for sale.
Browse the full Ceramic Tiles Market (Floor Tiles, Wall Tiles and Other Tiles) for Residential Replacement, Commercial, New Residential and Other (Countertops, Facades, etc.) Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 report at https://www.transparencymarketresearch.com/ceramic-tiles-market.html
Ceramic tiles refer to a variety of hard-wearing materials made from a mixture of sand, clay, and other natural materials. Ceramic tiles are produced when the materials are combined and molded in the required form and then fired at high temperatures in a kiln. Owing to the excellent toughness of ceramic tiles, they are commonly used across many indoor and outdoor construction applications.
The global ceramic market has substantially benefitted from the ever-rising demand for a variety of products from the construction industry in the past few years. Moreover, factors such as the easy availability of raw materials and technological advancements, which have helped in improving manufacturing processes, have also significantly boosted the global ceramic tiles market in the past years.
For the purpose of the study, the market has been examined from the perspective of three criteria: Application, product type, and geography. Types of ceramic tiles analyzed in the report include wall tiles, floor tiles, and other varieties. The major applications of ceramic tiles examined in the report include commercial, new residential, residential replacement, and other applications such as facades and countertops. From the geographical perspective, the market has been examined for Asia Pacific, North America, Latin America, Europe, and the Rest of the World (RoW).
Of the key product types examined, the segment of floor tiles dominated in terms of volume in 2012, accounting for a massive 52.0% of the global ceramic tiles market. Owing to the healthy growth prospects of the construction industry, especially in developing countries of Asia Pacific, the demand for floor tiles is expected to significantly rise over the forecast period. The segment of ceramic wall tiles accounted for the second largest share in the global market in 2012.
Of the key applications for ceramic tiles analyzed in the report, the residential replacement segment led the global market in 2012, accounting for a share of nearly 47%. The segment is expected to witness substantial growth over the forecast period as well.
From a geographic standpoint, the market for ceramic tiles earned an enormous share in its overall market valuation, an estimated 66%, in Asia Pacific in 2012. Market for ceramic tiles in Asia Pacific is also expected to be the fastest growing regional market over the forecast period. The market is expected to lead on both, the consumption as well as the production fronts.
The report also presents a thorough overview of the competitive scenario of the global ceramic tiles market. It provides details pertaining to business profiles, finances, revenues, recent product and technological developments, and a detailed SWOT analysis for some of the most influential vendors operating in the global ceramic tiles market. Key vendors in the market profiled in the report include Ceramica Soloni, China Ceramics, RAK Ceramics, Saloni Ceramica, Gruppo Ceramiche Ricchetti, Florida Tile, Porcelanosa Grupo, Mohawk Industries, and Kajaria Ceramics.
The market is segmented as follows:
Ceramic Tiles Market – Product Segment Analysis
- Floor Tiles
- Wall Tiles
- Other Tiles
Ceramic Tiles Market – Application Analysis
- Residential Replacement
- New Residential
- Others (facades, countertops etc.)
Ceramic Tiles Market – Regional Analysis
- North America
- Asia Pacific
- Latin America
- Rest of the World (RoW)
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