WESTFORD, Mass., July 19, 2024 /PRNewswire/ -- According
to SkyQuest, the global Ceramic Tiles Market size was
valued at USD 245.50 billion in 2022
and is poised to grow from USD 263.52
Billion in 2023 to USD 464.41
Billion by 2031, at a CAGR of 7.34% over the forecast period
(2024–2031).
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Ceramic tiles are used in buildings because they are extremely
durable and have crack resistance. The ceramic tiles market's
growth is primarily driven by growing construction activities and
increasing investment by the countries for infrastructure
development. The market is also surging due to the preference for
ceramic tiles during renovation of houses, shops, malls, and other
institutes. A rising population and disposable income are also
supporting the market development. Today, there are various types
of ceramic tiles with different colors, textures, and sizes
available in the market increasing its attractiveness among people.
Moreover, the governments of the developing countries have also
immensely invested in public infrastructures like offices,
hospitals, and housing societies. Developments in the inkjet
technology have also helped manufacturers to imitate the veining
patterns and color depth of the natural stones like marble,
travertine, slate, and limestone. There is immense growth in the
marble-styles tiles because of their minimalist looks and elegance.
These tiles are mostly used in bathrooms and corridors for
commercial buildings.
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overview:
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Ceramic Tiles Market Overview:
Report
Coverage
|
Details
|
Market Revenue in
2023
|
$ 263.52
Billion
|
Estimated Value by
2031
|
$ 464.41
Billion
|
Growth
Rate
|
Poised to grow at a
CAGR of 7.34%
|
Forecast
Period
|
2024–2031
|
Forecast
Units
|
Value (USD
Billion)
|
Report
Coverage
|
Revenue Forecast,
Competitive Landscape, Growth Factors, and Trends
|
Segments
Covered
|
Finish, Application,
End-Use, and Region
|
Geographies
Covered
|
North America, Europe,
Asia Pacific, Middle East & Africa, Latin America
|
Report
Highlights
|
The advent of 3D tiles
with their multidimensional patterns and visually appealing
looks
|
Key Market
Opportunities
|
Growing population is
increasing the need for commercial and residential
buildings
|
Key Market
Drivers
|
Use of ceramic tiles
for their versatility, durability, and style
|
Segments covered in Ceramic Tiles Market are as
follows:
- Finish
- Glossy, Matte, Polished, Others
- Application
- Wall tiles, and Floor tiles
- End User
- Residential, and Non-residential
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report:
https://www.skyquestt.com/speak-with-analyst/ceramic-tiles-market
Increasing Demand for Digitally Printed Ceramic Tiles for
Intricate Designs to Drive the Market
In the past few years, the popularity of the digitally printed
ceramic tiles increased significantly. The consumers are choosing
more intricate designs that has an aesthetic appeal. Moreover, the
development and utilization of innovative technologies for printing
designs on tiles have assisted manufacturers to maintain
consistency in designs. Increasing expense of customers and the
rising requirement for innovative interior decors have also
increased the demand of the digitally printed tiles market. These
types of tiles are extremely versatile and showcases a unique
aesthetics by creating a beautiful effect on the interior space.
This type of printing technology can imitate images easily to
create a high-definition designs on the tiles. The tiles are also
available for copper, gold, silver, steel, and bronze colors.
Exceptional features like anti-bacterial, easy to clean, resistance
to fire, stains, and moisture, is also driving the market
growth.
View report summary and Table of Contents
(TOC):
https://www.skyquestt.com/report/ceramic-tiles-market
Growing Floor Industry with Stylish Ceramic Tiles is
Influencing Market Growth
The ceramic tiles are extensively used in flooring applications
because they are versatile, durable, and stylish. The demand for
floor covering is growing as the infrastructure and construction
activities are expanding rapidly. In recent times, hard surface
flooring like ceramic tiles is getting more popular because of
their high performance and cost-efficiency. Moreover, they are also
extremely environmentally friendly and can lasts for a long time
due to their resistance to moisture and easy maintenance. These
tiles are flexible can is used in both indoor and outdoor areas,
increasing the growth of the market.
Urbanization and Increasing Population Investing in
Construction to Boost Ceramic Tiles Market
The ceramic tiles are extensively used for flooring in the
construction sector because they are highly durable and crack
resistance. These tiles are also extremely attractive, sustainable,
and reliable. The protective coatings in the ceramic tiles offer
outstanding water resistance, stain resistance, and easy to clean.
Two primary factors driving the ceramic tiles market is
urbanization and expansion as they are being heavily used in the
commercial and residential projects. Urbanizations is growing in
the developing countries like Asia, Africa,
and Latin America because of the
rapid growth in population. Therefore, this fast-paced urbanization
along with investments from government in commercial and
residential construction is highly boosting the ceramic tiles
market.
Related Report:
Ceramics Market
Technical Ceramics Market
Ceramic Coating Market
Ceramic Matrix Composites Market
Optical Ceramics Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and
Accelerator of Technology and assets. We provide access to
technologies, markets and finance across sectors viz. Life
Sciences, CleanTech, AgriTech, NanoTech and Information &
Communication Technology.
We work closely with innovators, inventors, innovation seekers,
entrepreneurs, companies and investors alike in leveraging external
sources of R&D. Moreover, we help them in optimizing the
economic potential of their intellectual assets. Our experiences
with innovation management and commercialization has expanded our
reach across North America,
Europe, ASEAN and Asia Pacific.
Contact:
Mr. Jagraj
Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/
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