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The residential construction industry is estimated to play a key role in the ceramic tiles market

The residential segment is projected to dominate the ceramic tiles market through 2023. With the improvement in macroeconomic conditions globally, the demand for new constructions has increased, owing to which strong growth has been witnessed in new housing projects. Furthermore, factors such as a rise in renovation & remodeling activities and a rise in population & rapid urbanization are expected to drive the growth of the ceramic tiles market in the coming years. MarketsandMarkets projects that the global  ceramic tiles market  size will grow from USD 227.89 billion in 2018 to USD 320.07 billion by 2023 at a CAGR of 7.03%. Rapid industrialization and an increase in investments in the construction industry are expected to be the major drivers of the ceramic tiles market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=228236779 On the basis of application, the market for ceramic tiles is segmented into flo...

Ceramic Tiles Market | CAGR of 7.03% | Global Forecast to 2023

The ceramic tiles market size is estimated to grow from USD 227.9 billion in 2018 to USD 320.1 billion by 2023, at a CAGR of 7.03%. The market is projected to witness steady growth in the next few years, due to the rise in new construction activities resulting from rapid industrialization and urbanization. Increase in investments in the construction industry, the rise in population, and growing focus toward interior decoration. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=228236779 The report aims at estimating the market size and future growth potential of the ceramic tiles market across different segments, namely, application, end-use sector, construction type, and region. It also provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report further aims to study individual growth trends, future prospects, and contribution of v...