The Business Research Company’s report on the Ceramic Tiles Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the ceramic tiles market’s growth in recent years?
The increase in spending on home remodeling is expected to propel the growth of the ceramic tiles market over the coming years. Home remodeling refers to the changes made in designs and renovating the house. Home remodeling increases the demand for ceramic tiles as these are used for renovating and building house requirements mainly for bathrooms and kitchens. For instance, in June 2024, according to the UNIVERSITY OF SOUTH ALABAMA, a US-based public research university, in 2023, median home renovation spending hit $24,000, with top homeowners spending $150,000, while 40% of those with a budget went over due to unexpected costs like kitchen and bathroom upgrades. Therefore, increasing home remodeling drives the growth of ceramic tiles market.
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How does the future projection of the ceramic tiles market size compare to its historical growth?
The ceramic tiles market size has grown strongly in recent years. It will grow from $121.83 billion in 2024 to $130.96 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to growing demand fromThe construction industry, increased urbanization, rise in industrialization, rise in demand fromThe residential sector, consumer preference for low-maintenance surfaces.
The ceramic tiles market size is expected to see strong growth in the next few years. It will grow to $176.86 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to sustainability and eco-friendly practices, rise of smart homes, e-commerce expansion, growing demand from the hospitality sector, rising demand from the transportation sector. Major trends in the forecast period include growing popularity of digital printing technology, wood-look ceramic tiles, large-format tiles, digitalization in customer experience, geometric and patterned tiles.
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Which key players are shaping the future of the ceramic tiles market?
Major companies operating in the ceramic tiles market include Ceramiche Atlas Concorde S. P. A, Cersanit SA, Florim Ceramiche S. P. A, Grupo Lamosa SAB de CV, GranitiFiandre S. p. A., Grupo Fragnani Ltd., Hindustan Tiles Limited, Mohawk Industries Inc., Pamesa Ceramica Sl, Portobello Ceramics SA, Ras Al Khaimah Ceramics PSC, Kajaria Ceramics Limited, Saudi Ceramic Company, PORCELANOSA Grupo A. I. E, Crossville Inc., LIXIL Group Corporation, Madeira Corporate Services S. A., Akdo Intertrade Inc., Alfagres Ceramic SA, American Marazzi Tile Inc., American Olean Company, Ames Bros. Distributors Ltd., Anatolia Capital Corp., ANN SACKS Tile & Stone Inc., Arizona Tile LLC, Atlas Concorde Corporate Company, BlackForest Solutions GmbH, Boardroom Ltd., Boston Scientific Corporation, Castelbianco Srl, Carenza SA, Cerdomus Srl, Clayhaus Ceramics LLC
What trends will propel the growth and evolution of the ceramic tiles market?
Major companies operating in the ceramic tails market are focusing on developing innovative solutions, such as clickable ceramic tails, to improve installation efficiency, enhance design flexibility, and boost durability. Clickable ceramic tiles refer to a type of ceramic flooring or wall tile designed with interlocking edges that allow for easy, snap-together installation without the need for adhesives or grout. For instance, in April 2024, i4F, an Israel-based Industrial R&D and Technological Innovation Fund, partnered with Akgün Group-Duratiles, a Turkey-based company that operates in construction materials, to launch an innovative floor installation system called DuraClick, featuring clickable ceramic tiles. This system combines the ease of floating floor installation with the durability and aesthetic appeal of ceramic tiles. Set to be unveiled at Coverings 2024 in Atlanta, Georgia, DuraClick leverages i4F’s patented technology to simplify the installation process while ensuring high quality. This collaboration underscores i4F’s commitment to advancing flooring technologies through strategic partnerships.
Which regions are expected to become dominant players in the ceramic tiles market?
Asia-Pacific was the largest region in the ceramic tiles market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the ceramic tiles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the emerging key segments in the ceramic tiles market, and how are they evolving?
The ceramic tiles market covered in this report is segmented –
1) By Type: Glazed Tiles, Unglazed Tiles
2) By Construction Type: New Construction, Renovation and Replacement
3) By Formulation: Dry Pressed, Extruded, Casting
4) By Application: Floor Tiles, Wall Tiles, Other Applications
Subsegments:
1) By Glazed Tiles: Glossy Glazed Tiles, Matte Glazed Tiles, Satin Glazed Tiles, Textured Glazed Tiles,
2) By Unglazed Tiles: Porcelain Tiles, Quarry Tiles, Terracotta Tiles.
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What defines the structure and scope of the ceramic tiles market?
Ceramic tiles refer to tiles that are made up of a mixture of sand, water, and clay. Ceramic tiles are generally used in the flooring of bathrooms, kitchens, and outdoor residential areas. Ceramic tiles are available in a variety of sizes, designs, and colors.
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