Ceramic Tiles Market |Industry Report 2016-2021
Estimates by IMARC Group suggest that the global ceramic tiles market is expected to grow at a CAGR of 5.2% during 2016-2021 reaching a volume of 17.8 Billion Sq. Metres by 2021. Some of the key factors that will catalyse growth during the forecast period include – increasing urbanisation, population growth, rising disposable incomes, growth in the real estate sector, technological advancements and increasing personalization/customization trends. For more on the report go to: http://www.imarcgroup.com/prefeasibility-report-ceramic-tiles-manufacturing-plant
Estimates by IMARC Group suggest that the global ceramic tiles market is expected to grow at a CAGR of 5.2% during 2016-2021 reaching a volume of 17.8 Billion Sq. Metres by 2021. Some of the key factors that will catalyse growth during the forecast period include – increasing urbanisation, population growth, rising disposable incomes, growth in the real estate sector, technological advancements and increasing personalization/customization trends. For more on the report go to: http://www.imarcgroup.com/prefeasibility-report-ceramic-tiles-manufacturing-plant
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Imarc<br />
<strong>Report</strong> Description<br />
www.imarcgroup.com<br />
<strong>Report</strong> Description and Highlights<br />
The report finds that a number of properties of ceramic tiles such as light-weight, ultra-thin, anti-slip and antibacterial<br />
properties have made them an impeccable choice for places where hygiene is of prime importance<br />
like hospitals, hotels, laboratories and pharmaceutical industries, etc. <strong>Ceramic</strong> tiles are also easy to install,<br />
clean and repair and serve as a good alternative for hardwood and other flooring options. Findings from the<br />
report suggest that increasing industrialization and urbanization rates have resulted in an enormous increase<br />
in construction activities especially in the emerging economies. This has created a strong demand for flooring<br />
products such as ceramic tiles. Some of the other factors that are also catalysing the global demand for<br />
ceramic tiles include population growth, rising disposable incomes, growth in the real estate sector,<br />
technological advancements and increasing personalization/customization trends. According to the report, the<br />
market is expected to grow at a CAGR of 5.2% during <strong>2016</strong>-<strong>2021</strong> reaching a volume of 17.8 Billion Sq. Metres<br />
by <strong>2021</strong>.<br />
The report has segmented the global ceramic tiles market by type, applications and major regions. Currently,<br />
the global ceramic tiles market is dominated by floor tiles which account for more than half of the total global<br />
production volumes. Floor tiles are followed by wall tiles. Based on applications, residential replacements<br />
represent the largest application sector accounting for around half of the total global consumption volumes.<br />
Residential applications are followed by commercial applications. Geographically, China represents the largest<br />
producer of ceramic tiles accounting for the majority of the total global production volumes. China is followed<br />
by Brazil, India, Spain, Indonesia, Iran, Italy, Vietnam, Turkey and Mexico. The report has also analysed the<br />
competitive landscape of the global ceramic tiles market covering their locations and production capacities.<br />
Some of the key players in this market include – Mohawk Ind, Siam Cement Group, RAK <strong>Ceramic</strong>s, Lamosa,<br />
Incefra, Majopar, Rovese Group, Cecafi Ltda., Dynasty <strong>Ceramic</strong> Co. Ltd., Saudi <strong>Ceramic</strong>s Company, etc.