Jul 11, 2019   SOURCE: PR NewsWire

Insights Into the World Ceramic Tiles Market (2019-2024): Trends & Challenges Shaping the Future of the Industry

DUBLIN, July 11, 2019 /PRNewswire/ -- The "Global Ceramic Tiles Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.

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The global ceramic tiles market is expected to grow with a CAGR of 7% from 2018 to 2024.

    --  Increasing construction spending is the key factor in driving the
        ceramic tiles market globally.
    --  China, Japan, and India construction business are experiencing robust
        growth owing to boost industry growth in the Asia-Pacific market, as
        well as global market. Rising disposable income and high population
        other factors which are possibly Influencing the construction sector so
        as the ceramic tiles market.
    --  The advancements in digital printing technology are being increased by
        the vendors to provide ceramic tiles with a wide range of design
        aesthetics.
    --  The ceramics tiles market is accounting for about 80% of the
        Non-resilient flooring market.
    --  However, governmental regulations pertaining to the carbon emissions in
        the production of ceramic tiles hamper market growth.
    --  Ceramic tiles are widely applicable in residential and commercial
        buildings, owing to their durability and crack resistance nature.
        Protective coatings on ceramic tiles offer high water resistance, stain
        protection, and cleanup.

Key Market Trends

Global Consumption of Ceramic Tiles

    --  Global consumption of ceramic tiles is consistently increased against
        the backdrop of post-crisis recovery of the global economy and growth of
        construction in Asia-Pacific. Prior, the market fluctuated slightly,
        remaining stable on the whole. As a result, the consumption of ceramic
        tiles increased significantly over recent years.
    --  Asia-Pacific dominated the consumption of ceramic tile in 2017,
        accounting the major percentage of the global market. Asia-Pacific's
        leadership is due to high construction volumes amid strong economic
        growth and a large population.
    --  Ceramic tiles are extensively used in new residential as well as in home
        improvement activities. Furthermore, ceramic tiles are used in
        commercial applications such as malls and shopping centers as well as
        work and office spaces.

Global Production of Ceramic Tiles

    --  Over the years, Asian countries saw a significant increase in the
        production of ceramic tiles. In 2008, Asia produced three times the
        volume of tiles manufactured in the European Union.
    --  In Asia, the ceramic tile production rose at an average annual rate of
        6.8% from 2008 to 2017. The region accounts large percentage of global
        ceramic tiles market.

Competitive Landscape

The report covers major international players operating in the Global Ceramic Tiles Market. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Key Topics Covered

1 INTRODUCTION
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Drivers
4.3 Restraints
4.4 Trends Shaping the Global Ceramic Tiles Market
4.5 Porter's Five Forces Analysis
4.6 Industry Value Chain Analysis
4.7 Challenges of the Global Ceramic Tiles Market
4.8 Recent Developments in the Market
4.9 Technological Innovations

5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Floor Tiles
5.1.2 Wall Tiles
5.1.3 Vitrified Tile
5.1.4 Industrial Tile
5.1.5 Other Tiles
5.2 By Application
5.2.1 Residential
5.2.2 Commercial
5.3 Geography
5.3.1 North America
5.3.2 South America
5.3.3 Europe
5.3.4 Asia-Pacific
5.3.5 Middle East & Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Mohawk Industries Inc.
6.1.2 Florida Tile Inc.
6.1.3 Ceramiche Atlas Concorde S.p.A
6.1.4 China Ceramics Co. Ltd.
6.1.5 British Ceramic Tile
6.1.6 Gruppo Ceramiche Ricchetti S.p.A
6.1.7 Porcelanosa Grupo
6.1.8 RAK Ceramics P.J.S.C
6.1.9 Kajaria Ceramics
6.1.10 Dal-Tile Corporation

7 INVESTMENT ANALYSIS ON THE GLOBAL CERAMIC TILES MARKET

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/5xozfa

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