Ceramic Tiles Market Is Likely to Witness Tremendous Growth by 2025 with a CAGR of 5.5%
Ceramic Tiles Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
The global ceramic tiles market accounted to US$81.01 Bn in 2017 and is expected to grow at a CAGR of 5.5% during the forecast period 2018 – 2025, to account to US$122.59 Bn by 2025.
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Some of the key players operating in the Ceramic tiles market includes Mohawk Industries, Inc., China Ceramics Co., Ltd., Florida Tile, Inc., GRUPO LAMOSA, S.A.B. DE C.V., Kajaria Ceramics Limited, Porcelanosa Grupo AIE, PT. Muliakeramik Indahraya, RAK Ceramics, The Siam Cement Public Co. Ltd., and Gruppo Ceramiche Ricchetti SPA among others.
The Ceramic Tiles Market is among the fastest-growing branches of economy. To be successful in this rapidly evolving, highly competitive sector, companies need high-quality, up-to-date information and insight. The Insight Partners Research Publications have been providing research and market analysis services for the Ceramic Tiles Market sectors.
The ceramic tiles have several performance benefits which attracts the end users especially, the builders and the constructors. However, the disadvantages of the building material possesses major concerns while procurement. The ceramic tiles by properties are very hard, which makes the material unsuitable for some end users. Attributing to the hardness of the material, it is very uncomfortable to stand on or walk, and unlike resilient floors, the ceramic tiles are highly resistant to softening by using padded underlayment. The builders or constructors of commercial infrastructures sometimes limits their procurement of ceramic tiles while constructing the buildings. This fact inhibits the ceramic tiles market to penetrate. Another key concern related to the ceramic tiles among the builders, constructors and house owners accounted for the coldness of the material.
Ceramic Tiles Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2025, considering 2019 as the base year and 2019 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
The report segments the global Ceramic tiles market as follows:
Global Ceramic Tiles Market – By Types
Global Ceramic Tiles Market – By Application
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