Global Ceramic Tiles Market accounted for US$ 81.01 Bn in 2018 and is expected to grow at a CAGR of 5.5% over the forecast period 2018-2025

“Ceramic Tiles Market" Report covers a detailed research on the Healthcare industry with financial analysis of the major players. The report provides key information and detailed study relating to the industry along with the Economic Impact and Regulatory and Market Support. The report examines the industry synopsis, strategic investments, Industry Surveys, Economic Impact, etc.

The global ceramic tiles market accounted for US$ 81.01 Bn in 2017 and is expected to grow at a CAGR of 5.5% over the forecast period 2018-2025, to account for US$ 122.59 Bn in 2025. The uprising trend of adoption of ceramic tiles for new construction in the developed and developing regions of Asia Pacific and Europe, coupled with rapidly increasing commercial and residential infrastructures in the regions are proving to be key influential factors for the growth of ceramic tiles in the present market scenario. Similar trend is anticipated to catalyze the demand for ceramic tiles in the forthcoming years. Additionally, the global construction industry is also witnessing an upward trend in the renovation and reconstruction activities, which is leading the builders and constructors as well as house owners to opt for ceramic tiles. This factor is also helping the market to propel over the years. Furthermore, different emerging economies are attracting foreign direct investments (FDI) for enhancing their construction industry, which is propelling the demand for ceramic tiles.

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Attributing to the moderate entry barriers to the market, several tier-2 and tier-3 companies are entering the market, and thereby, increasing the competitiveness of the market. With the constantly increasing number of tier-2 and tier-3 companies, several well-established and industry recognized players are acquiring these local players in order to expand their global operations, product offerings, customer base, and ultimately annual sales.

Top Key Players:

1. Mohawk Industries, Inc.
2. China Ceramics Co., Ltd.
3. Florida Tile, Inc.
4. GRUPO LAMOSA, S.A.B. DE C.V.
5. Kajaria Ceramics Limited
6. Porcelanosa Grupo AIE
7. PT. Muliakeramik Indahraya
8. RAK Ceramics
9. The Siam Cement Public Co. Ltd.
10. Gruppo Ceramiche Ricchetti SPA

The market is broken down on basis of five strategic regions globally as North America, Europe, Asia Pacific, Middle East and Africa, and South America. Geographically, the market is presently dominated by Asia Pacific region, and the market is expected to be in the favor of Asia Pacific region during the forecast period. The regions are again segmented into various countries. The global ceramic tiles market on a global context has been segmented into two categories namely; by types and by application. Based on different types of ceramic tiles the market is bifurcated as floor tiles and wall tiles. The application segment is classified as commercial sector and residential sector.

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Also, key Ceramic Tiles Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

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