Ceramic Tiles Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030

in #ceramic3 years ago

The global ceramic tiles market is anticipated to propel in coming years due to rising construction activities across Asia Pacific and North America. Ceramic tiles are gaining popularity owing to low carbon footprint and good aesthetics offered by these tiles. Additionally, ceramic tiles are durable, resistant to water, moisture and fire and are cheap as compared to other flooring products. This has fueled the demand for ceramic tiles in retro fitting construction applications. The global ceramic tile market is anticipated to grow at a CAGR of 6.5% (approx.) during the forecast period, with major demand from developing countries. North America contributed major share to market in 2018 fueled by rise in construction activities across the United States. China and India are expected to be the most lucrative market for ceramic tiles with rising population and expanding commercial & residential infrastructures across these countries. Major players operating in the global ceramic tiles market include Kajaria Ceramics, Siam Cement, Grupo Lamosa, Porcelanosa Group, Crossville Inc., Gruppo Ceramiche Ricchetti, China Ceramics Co. Ltd, Saloni Ceramica, Mohawk Industries, and Veisa Ceramics. The report titled “Ceramic Tiles Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period.

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