DUBLIN, April 21, 2023 /PRNewswire/ -- The "Global Ceramic Tiles Market by Type (Porcelain, Glazed, Unglazed), Application (Floor Tiles, Internal Wall Tiles, External Wall Tiles) End-use Sector (Residential, Non-residential), Finish (Matt, Gloss), Construction Type, and Region - Forecast to 2027" report has been added to  ResearchAndMarkets.com's offering.

The world market for ceramic tiles is estimated to be USD 227.9 billion in 2022, and it is projected to reach USD 320.5 billion by 2027, at a CAGR of 7.1%.

Ceramic tiles are majorly used as a construction material to finish surfaces like walls and floors. The ceramic tiles market is driven by increasing demand from several end-users like residential and non-residential construction works which include construction activities of residences, industries, hospitals, institutes etc. The increasing population and urbanization with the population shift from rural to urban areas is driving the market growth of ceramic tiles market in the forecast period.

By Type, Porcelain accounted for the highest CAGR during the forecast period

The Ceramic tiles market has been segmented on type, such as Porcelain, Glazed and Unglazed. The porcelain tiles are dense and possess a water absorption rate of 0.5% or lower. Hence, they are mostly used in flooring applications. The porcelain segment is projected to account for the highest CAGR during the forecast period due to its enhanced properties which makes it an ideal tiling material. Glazed ceramic tiles are simple to clean and maintain. They provide better moisture and stain resistance. Unglazed tiles are scratch resistant and have better resistance to wear, tear, and damage.

By Application, Flooring segment accounted for the largest market share in 2021

The Ceramic tiles market is categorized based on different applications i.e., Flooring, internal walls, external walls and Others. The Flooring segment dominated the market as it provides cost-efficient material for flooring, which is water resistant, durable, has low maintenance and possess high strength. The internal walls are fitted with ceramic tiles in interior walls of kitchens, storage areas, bathrooms, hospitals, laboratories etc. These internal wall tiles offer strain resistance and also enhance the aesthetic appeal of the place. The external wall tiles protect surfaces from environmental factors like rain, sunlight and humidity.

By End-use sector, Residential segment accounted for the highest CAGR during the forecast period

Ceramic tiles market is categorized as ceramic tiles required for residential and non-residential construction works. The residential sector is projected to register the highest CAGR due to increased construction activities, an increased income of people and hence increasing demand for new houses and facilities. Ceramic tiles are required in bathrooms, kitchens, swimming pools, interior walls, exterior walls, countertops and rooftops in residences. Ceramic tiles are also widely used in non-residential units like hospitals, laboratories, malls, multipurpose halls, gymnasiums etc.

APAC is projected to account for the highest CAGR in the Ceramic tiles market during the forecast period

The Asia-Pacific region is experiencing the most rapid growth in the flexible packaging market, with China, India, Vietnam, Thailand, Indonesia, and other countries in the region being included. Due to increased economic development, increasing population, and expansion, India, China, and Vietnam are expected to see significant growth in the ceramic tile market. Additionally, the increasing urbanization in these countries has created a substantial customer base for ceramic tiles, further driving the growth of the ceramic tiles market in the projected period.

Market Dynamics

Drivers

• Increasing Population & Urbanization
• Growing Investments in Construction Industry
• Rising Number of Renovation Activities
• Increasing Industrialization

Restraints

• Volatile Raw Material Prices
• Increasing Regulations, Requirements, and Tariffs

Opportunities

• Introduction of 3D Tiles and Digital Printing Technologies
• Rapidly Progressing Organized Retail Sector
• Increase in Demand from Emerging Economies

Challenges

• Extremely Competitive Market
• Gas Crisis in Different Regions May Impact Ceramic Tiles Market

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Ceramic Tiles Market, by Finish
7.1 Introduction
7.2 Matt
7.3 Gloss

8 Ceramic Tiles Market, by Construction Type
8.1 Introduction
8.2 New Construction
8.3 Renovation

9 Ceramic Tiles Market, by Application
9.1 Introduction
9.2 Flooring
9.2.1 Low Maintenance and High Durability
9.3 Internal Wall
9.3.1 Used in Homes, Offices, Hospitals, and Laboratories
9.4 External Wall
9.4.1 Use of Tiles in Exterior Cladding for Long-Lasting Look
9.5 Others

10 Ceramic Tiles Market, by Type
10.1 Introduction
10.2 Porcelain
10.2.1 Water Absorption Rate of 0.5% or Lower
10.3 Glazed
10.3.1 Better Stain and Moisture Resistance Than Unglazed Tiles
10.4 Unglazed
10.4.1 Scratch Resistance and Natural Beauty

11 Ceramic Tiles Market, by End-use Sector
11.1 Introduction
11.2 Residential
11.2.1 Widely Used for Durability and Easy Maintenance
11.3 Non-Residential
11.3.1 Increasing Spending on Office Spaces and Other Commercial & Institutional Constructions
11.3.2 Commercial
11.3.3 Institutional & Healthcare
11.3.4 Public Facilities

12 Ceramic Tiles Market, by Region

13 Competitive Landscape

14 Company Profiles

15 Appendix

Companies Mentioned

• Cedasa Group
• Ceramic Industries
• Ceramica Carmelo Fior
• Cersanit SA
• Grupo Elizabeth
• Grupo Lamosa
• Halcon Ceramicas
• Interceramic
• Kajaria Ceramics
• Kale Group
• Mohawk Industries, Inc.
• Nitco
• Pamesa Ceramica
• Portobello SA
• Prism Johnson Limited
• Pt Arwana Citramulia Tbk
• RAK Ceramics
• Saudi Ceramics
• SCG Ceramics
• Somany Ceramics
• STN Ceramica
• The Lasselsberger Group
• Victoria PLC
• Viglacera Corporation
• White Horse Ceramic Industries Sdn Bhd

For more information about this report visit https://www.researchandmarkets.com/r/ni9t4k

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