Building and Construction

The Asia Pacific is the most attractive market for ceramic tiles due to the rapid socio-economic development in the region. The increasing number of new housing units and huge investments in the infrastructural sector are fueling the demand for ceramic tile materials in this region. The growth of the ceramic tiles market in the APAC region is also driven by increasing demand for ceramic tiles in countries, such as China, India, Thailand, Indonesia, and Vietnam, due to the significant growth in the construction opportunities in these countries. The increasing population is one of the prime factors for the increase in demand for the ceramic tiles market. Moreover, the population shift from rural to urban areas in the world has elevated the growth rate even further. The total world population is expected to reach 9.5 billion by 2050, where the urban population will account for at least 66.4% of the total, as stated by the United Nations’ Population Division. A positive shift in the livin...

The ceramic tiles market is projected to grow from USD 207.7 billion in 2020 to USD 285.1 billion by 2025, at a CAGR of 6.5% during the forecast period. Growth in investments in the construction industry, coupled with a rise in the number of renovation & remodeling activities, further boost the growth of the market for ceramic tiles. The rise in demand from emerging economies and the growth of the organized retail sector create growth opportunities for the market. The Porcelain segment is projected to dominate the global ceramic tiles market through 2025 The demand for porcelain tiles in recent years has been increasing due to their superior properties, such as low water absorption, slip resistance, and anti-bacterial properties. These properties make porcelain tiles highly popular for kitchens, bathrooms, and hospitals. To know about the assumptions considered for the study download the pdf brochure The flooring segment is projected to grow at the highest CAGR in the ceramic tile...

The ceramic tiles market is projected to grow from USD 207.7 billion in 2020 to USD 285.1 billion by 2025, at a CAGR of 6.5% during the forecast period. Growth in investments in the construction industry, coupled with a rise in the number of renovation & remodeling activities, further boost the growth of the market for ceramic tiles. The rise in demand from emerging economies and the growth of the organized retail sector create growth opportunities for the market. To know about the assumptions considered for the study download the pdf brochure The increasing population is one of the prime factors for the increase in demand for the ceramic tiles market. Moreover, the population shift from rural to urban areas in the world has elevated the growth rate even further. The total world population is expected to reach 9.5 billion by 2050, where the urban population will account for at least 66.4% of the total, as stated by the United Nations’ Population Division. A positive shift in the l...