Ceramic Tiles Market Expected to Touch US$ 167,033.1 Mn by 2025
Ceramic Tiles Market | Several optimistic changes are expected to surge the growth of the market. The market is anticipated to grow at a robust CAGR of 8.9% throughout the period of forecast to reach a market estimation of about US$ 167 Bn by the end of the assessment year.
Ceramic Tiles Market | Several optimistic changes are expected to surge the growth of the market. The market is anticipated to grow at a robust CAGR of 8.9% throughout the period of forecast to reach a market estimation of about US$ 167 Bn by the end of the assessment year.
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https://www.persistencemarketresearch.com/market-research/ceramic-tilesmarket.asp<br />
Global <strong>Ceramic</strong> <strong>Tiles</strong> <strong>Market</strong>: Segmental & Regional Analysis<br />
By end use type, the residential segment will play a pivotal role in increasing<br />
the market revenue. This end use segment is anticipated <strong>to</strong> occupy a major<br />
share of the global ceramic tiles market. Moreover, the report mentions that the<br />
residential segment will account for a value share of almost 61.5% in the global<br />
ceramic tiles market. The segment will grow at a value CAGR of 10.0% during<br />
the forecast period. In the formulation type segment dry-pressed sub-segment<br />
will mint a significant revenue within the forecast period. In the current market<br />
scenario, dry-pressed will represent a higher market share in terms of value and<br />
volume in the global ceramic tiles market. In the next five years, the market will<br />
shift <strong>to</strong>wards ecofriendly ceramic tiles.<br />
North America is anticipated <strong>to</strong> hold minimal market share in terms of revenue<br />
in the global ceramic tiles market. The region has been projected <strong>to</strong> represent<br />
3.4% of the market value share <strong>by</strong> <strong>2025</strong>. Asia pacific region is anticipated <strong>to</strong> a<br />
share of more than 63.6% in 2017 and further the market will expand at a<br />
CAGR of 9.3% during the forecast period. The sales revenue of the Middle East<br />
& Africa will pump up <strong>to</strong> <strong>US$</strong> 9,007.0 <strong>Mn</strong> <strong>by</strong> the end of <strong>2025</strong> with a CAGR of<br />
8.2%. The market in the Asia Pacific will remain luxuriant and pulsating during<br />
the forecast period.<br />
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Global <strong>Ceramic</strong> <strong>Tiles</strong> <strong>Market</strong>: Competitive Landscape<br />
Some of the key market participants reported in this study of <strong>Ceramic</strong> <strong>Tiles</strong><br />
include CERAMICHE ATLAS CONCORDE S.P.A, Cersanit SA, Florim<br />
<strong>Ceramic</strong>he S.P.A, GranitiFiandre S.p.A., Grupo Fragnani, Grupo Lamosa SAB<br />
de CV , Mohawk Industries, Kajaria <strong>Ceramic</strong>s Limited, Johnson <strong>Tiles</strong>, Pamesa<br />
<strong>Ceramic</strong>a Sl, Por<strong>to</strong>bello <strong>Ceramic</strong>s, RAK CERAMICS, Kajaria <strong>Ceramic</strong>s<br />
Limited, Saudi <strong>Ceramic</strong> Company, PORCELANOSA Grupo A.I.E, Crossville<br />
Inc. and LIXIL Group Corporation<br />
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