The global ceramic tiles market size was valued over USD 345.5 billion in 2019 and expected to grow at a significant CAGR of 6.5% during the forecast period 2020 to 2026. The market is segmented on the basis of product, application, end-use, and region. Increased manufacturing of office spaces, shopping malls, lodging spaces, and other utility spaces around the world is likely to increase demand for the product worldwide during the forecast period. The floor application segment has the largest share in the industry and is projected to see a revenue-based CAGR more than 5.7% over the forecast period.
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Global ceramic tile market size and forecast were obtained by using "Bottom-up" and "Top-down" approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which helps to formulate competitive market strategies and make informed decisions.
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Ceramic Tile Market research report presents the analysis of each segment from 2018 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment are calculated for the forecast period from 2020 to 2027.
Ceramic Tile Market Segmentation:
By Product
Glazed
Porcelain Tiles
Scratch Free Ceramic Tiles
Others
By End-Use
Residential
Non-residential
Application:
Wall Tiles
Floor Tiles
Others
List of Key Companies:
Mohawk Industries, Inc.
SCG Ceramics, Inc.
Grupo Lamosa, Grupo Cedasa
RAK Ceramics
Ceramica Carmelo Fior
Pamesa andKajaria Ceramics Ltd.
Geographic Coverage:
North America
Europe
Asia-Pacific
Rest of the World
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