Ceramic Tiles Market

Ceramic Tiles Market - Global Industry Share, Growth, Competitive Analysis and Forecast, 2019-2025
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: | Category : Advanced Material | Delivery Format: /

Ceramic tiles are normally produced from white or red clay and are widely used material in interior decoration due to their aesthetic look and low cost. Ceramic tiles are a highly popular choice for walls, floors, and counter tops. These tiles are significantly used in flooring, and most of the residential buildings use ceramic tiles in apartments. Ceramic tiles are available in a large range of shapes and sizes and low cost which makes them a suitable alternative in residential construction projects. These tiles are coated with a special glaze that adds durability to the tile. In addition, the glaze offers color and pattern to the ceramic tiles.

The major factors contributing to the growth of the market include rising demand for new residential construction and rapid growth in the flooring market. Rising homebuyer demand coupled with increasing disposable income is contributing to the new residential construction activities. For instance, according to the US Census Bureau, in April 2019, new building permits were 1,296,000, which is 0.6% high as compared to March 2019. Likewise, growth in the construction industry across countries, such as Germany, China, and India have also been witnessed, which in turn, is boosting the demand for ceramic tiles. Ceramic tiles are the most commonly used material in the construction activities and are normally used as wall tiles in kitchen and bathroom. In addition, it holds certain beneficial properties such as water absorption, dirt resistance, and durability, which are highly important for the future life of buildings. Therefore, ceramic tiles are significantly used in construction projects.

The global ceramic tiles market is segmented on the basis of type and end-user. Based on type, the market is further classified into floor tiles and wall tiles. Based on end-use, the market is further classified into residential, and non-residential that includes commercial, and industrial sector. Rapid urbanization and high per capita income coupled with rising demand for new residential construction projects is contributing to the adoption of ceramic tiles in the residential segment.

Geographically, the global ceramic tiles market is further classified into four major regions that include North America, Europe, Asia-Pacific, and RoW. Asia-Pacific accounted for major share in the market due to significant growth in the construction industry in the region. For instance, as per India Brand Equity Foundation (IBEF), in India, the real estate sector is estimated to reach a market size of $1 trillion by 2030 from $120 billion in 2017 and is estimated to contribute 13% of the country’s GDP by 2025. Significant rise in hospitality, retail, and commercial real estate is supporting the growth of real estate sector in the country. Moreover, the Indian government has allowed FDI (Foreign Direct Investment) of up to 100% for townships and development projects, which has significantly increased the construction projects in the country. Due to the growth in construction activities in this region, a significant presence of ceramic tiles manufacturers has been reported. These include Kajaria Ceramics Ltd., Bajaj Group, and Nitco Tiles Ltd.

Some of the major players operating in the market include Mohawk Industries, Inc., Kajaria Ceramics Ltd., PORCELANOSA Group, Somany Ceramics Ltd., and RAK Ceramics PJSC. Due to high competition in the market, these companies are adopting various strategies to remain in the competition. Some of the strategies adopted by the market players include mergers and acquisitions, product launches, and geographical expansion. For instance, in November 2018, Mohawk Industries, Inc. acquired Eliane, a Brazilian ceramics manufacturer. This acquisition was aimed at expanding the offerings of ceramic tiles and increase the geographical presence in Brazil.

Research Methodology

The market study of the global ceramic tiles market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include

  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.

The report is intended for ceramic tiles manufacturers, raw material suppliers, ceramic tiles material suppliers and distributors, end-user industry and others for overall market analysis and competitive analysis. The report provides an in-depth analysis on market size, various product offerings, future market growth. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

  • Global Ceramic Tiles Market Research and Analysis by Type
  • Global Ceramic Tiles Market Research and Analysis by End-User

The Report Covers

  • Comprehensive research methodology of the global ceramic tiles market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global ceramic tiles market.
  • Insights about market determinants which are stimulating the global ceramic tiles market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

1. Report Summary

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Geography

1.2.3. By Stakeholders

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

2.3. Rules & Regulations

3. Competitive Landscape

3.1. Company Share Analysis

3.2. Key Strategy Analysis

3.3. Key Company Analysis

3.3.1. Mohawk Industries, Inc.

3.3.1.1. Overview

3.3.1.2. Financial Analysis

3.3.1.3. SWOT Analysis

3.3.1.4. Recent Developments

3.3.2. PORCELANOSA Group

3.3.2.1. Overview

3.3.2.2. Financial Analysis

3.3.2.3. SWOT Analysis

3.3.2.4. Recent Developments

3.3.3. Somany Ceramics Ltd.

3.3.3.1. Overview

3.3.3.2. Financial Analysis

3.3.3.3. SWOT Analysis

3.3.3.4. Recent Developments

3.3.4. Kajaria Ceramics Ltd.

3.3.4.1. Overview

3.3.4.2. Financial Analysis

3.3.4.3. SWOT Analysis

3.3.4.4. Recent Developments

3.3.5. RAK Ceramics PJSC

3.3.5.1. Overview

3.3.5.2. Financial Analysis

3.3.5.3. SWOT Analysis

3.3.5.4. Recent Developments

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. Global Ceramic Tiles Market by Type

5.1.1. Floor Tiles

5.1.2. Wall Tiles

5.2. Global Ceramic Tiles Market by End-User

5.2.1. Residential

5.2.2. Non-Residential

6. Regional Analysis

6.1. North America

6.1.1. United States

6.1.2. Canada

6.2. Europe

6.2.1. UK

6.2.2. Germany

6.2.3. Italy

6.2.4. Spain

6.2.5. France

6.2.6. Rest of Europe

6.3. Asia-Pacific

6.3.1. China

6.3.2. India

6.3.3. Japan

6.3.4. Rest of Asia-Pacific

6.4. Rest of the World

7. Company Profiles

7.1. American Olean Corp.

7.2. Apricot Tiles India Pvt. Ltd.

7.3. Asian Granito India Ltd.

7.4. Bajaj Group

7.5. CERA Sanitaryware Ltd.

7.6. Crossville, Inc.

7.7. Emcer Pvt. Ltd.

7.8. Emser Tile, LLC

7.9. Johnson Tiles

7.10. Kajaria Ceramics Ltd.

7.11. Lasselsberger Group

7.12. Mohawk Industries Inc.

7.13. Nitco Ltd.

7.14. Orient Bell Ltd.

7.15. PORCELANOSA Group

7.16. Prism Johnson Ltd. (H&R Johnson)

7.17. RAK Ceramics PJSC

7.18. Roca Corp.

7.19. Somany Ceramics Ltd.

7.20. The Siam Cement Public Co. Ltd.

7.21. Varmora Granito Pvt. Ltd.