Global Ceramic Tiles Market Size, Share, and COVID-19 Impact, By Product (Glazed, Porcelain), By Application (Wall, Floor), By End Use (Residential, Commercial), by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032.
Global Ceramic Tiles Market Size Insights Forecasts to 2032
- The Global Ceramic Tiles Market Size was valued at USD 241.81 Billion in 2022.
- The Market is Growing at a CAGR of 6.8% from 2023 to 2032
- The Worldwide Ceramic Tiles Market Size is expected to reach USD 466.86 Billion by 2032
- North America is expected to Grow the fastest during the forecast period
The Global Ceramic Tiles Market Size is expected to reach USD 466.86 Billion by 2032, at a CAGR of 6.8% during the forecast period 2022 to 2032.
Ceramic tiles are a sort of long-lasting and adaptable construction material frequently used to cover floors, walls, and other surfaces. They are created from clay that has been moulded, dried, and then fired at high temperatures in a kiln. Clay is made stronger throughout the firing process, creating a tile that is robust and tough. Ceramic tiles are available in a wide range of forms, sizes, colours, and patterns, giving designers a multitude of design options. Square, rectangular, hexagonal, and mosaic tiles are a few of the often-used tile shapes. Ceramic tiles can also have a variety of finishes, including matte, glossy, and textured.
Impact of COVID 19 On Global Ceramic Tiles
The supply chain for ceramic tiles may have been affected by restrictions on foreign travel and the transfer of commodities. Raw material deliveries can be delayed as a result, which could slow down production and cause shortages. Lockdowns and social segregation policies were imposed in many nations, which temporarily stopped or slowed down construction projects. The demand for ceramic tiles would have been impacted by this drop in construction activity, particularly in the residential and commercial sectors. Due to the widespread economic uncertainties brought on by the pandemic, numerous individuals and companies decided to delay or forego non-essential purchases, which included undertaking ceramic tile installation projects for repair and new construction. As people spent more time at home, consumer preferences may have changed in favour of more useful and comfortable settings, which may have had an impact on the demand for particular types and patterns of ceramic tiles.
Key Market Drivers
The market for ceramic tiles is primarily driven by the construction and real estate industries. The need for new homes and businesses as well as renovation projects grew along with urbanisation and population increase in many areas, creating a sizable market for ceramic tiles. Better designs, increased durability, and more tile possibilities have all been made possible by technological breakthroughs in tile manufacture. This has increased customer interest and encouraged upgrading or replacing current tiles. Large numbers of ceramic tiles are frequently needed for flooring and wall coverings in expanding infrastructure projects including airports, schools, hospitals, and public areas. Rapid urbanisation in developing nations sparked a boom in construction work, which increased demand for ceramic tiles. Ceramic tiles are renowned for their resilience to water, ease of upkeep, and hypoallergenic qualities. The market for ceramic tiles increased as customers became more aware of these advantages.
Key Market Challenges
The rivalry for the best spot in the house is fierce, so the best way to get your hands on a piece of the action is to use it. Each of these materials has a distinct selling value, therefore the ceramic tile sector needs to develop ways to stand out and highlight the benefits of its goods. The price of raw materials, such as clay, feldspar, and other minerals used in the production of ceramic tiles, might change, which has an effect on the manufacturers' capacity to make a profit. It might be difficult to prepare for production and pricing strategies when prices are volatile. The cost of labour and the accessibility of trained labour can influence production costs. In the tile production industry, finding and keeping skilled people can be difficult, particularly as the demand for tiles increases. Logistics and transportation can be very difficult for foreign manufacturers and suppliers. Competitiveness may be impacted by the price and effectiveness of exporting ceramic tiles internationally.
Porcelain tiles segment is dominating the market over the forecast period
On the basis of product, the global ceramic tiles market is segmented into glazed and porcelain. Among these, porcelain tiles segment is dominating the market with the largest market share over the forecast period. Porcelain tiles are a popular option for high-traffic areas and locations that need long-lasting flooring solutions because of their outstanding durability and longevity. Porcelain tiles are increasingly used in outdoor areas like patios, decks, and pool areas due to their greater durability and frost-resistance. The production process has been enhanced, allowing for more elaborate designs and larger tile formats, all of which have increased the popularity of porcelain tiles. As porcelain tiles are available in so many different patterns, hues, and textures, both consumers and designers may create a variety of aesthetic looks, such as those that resemble genuine stone and wood.
Flooring applications segment accounted the largest market share over the forecast period
Based on the application, the global ceramic tiles market is segmented into wall and floor. Among these, flooring applications segment accounted the largest market share over the forecast period. The increase in residential development is a result of urbanisation, population expansion, and rising disposable income. Due to their durability, resistance to moisture, and variety of pattern options, ceramic tiles are a common choice for flooring in homes. Demand for ceramic tiles in flooring applications has increased as a result of the expansion of commercial structures such offices, retail stores, hotels, and healthcare facilities. Due to its low care requirements and longevity in high-traffic areas, they are recommended for commercial settings. The popularity of building outdoor living areas like patios and decks has also increased demand for ceramic tiles that may be used for outdoor flooring. The appeal of ceramic tiles for flooring applications has been further increased by technological developments that have produced larger tile forms, creative designs, and digital printing methods.
End Use Insights
Commercial segment holds the highest market share over the forecast period
On the basis of end use, the global ceramic tiles market is segmented into residential and commercial. Among these, commercial segment holds the highest market share over the forecast period. Offices, retail spaces, hospitality (hotels, restaurants, and cafes), healthcare facilities, educational institutions, and public spaces are just a few of the non-residential uses included in the commercial section. The expansion of commercial infrastructure, fueled by urbanisation and economic growth, has raised the need for ceramic tiles in a variety of commercial structures. Ceramic tiles are frequently selected as a budget-friendly and aesthetically pleasing solution in commercial remodelling and retrofit projects.
Asia Pacific dominates the market with the largest market share over the forecast period
Asia Pacific holds the highest market share and is dominating the market over the forecast period. With a sizable section of the population living in metropolitan areas, the Asia-Pacific region has seen significant urbanisation. There is an increasing need for ceramic tiles for wall and flooring applications in both residential and commercial premises as cities expand and new buildings are built. Many governments in the Asia-Pacific region have made significant investments in the construction of transport systems, educational institutions, and healthcare facilities. Ceramic tiles are frequently used in these projects for their flooring requirements, which helps the industry expand. China, India, and Southeast Asian nations are just a few of the Asia-Pacific nations that have experienced rapid economic expansion. Ceramic tile demand is increasing as customers are increasingly likely to invest in enhancing their living environments as disposable incomes rise.
North America is witnessing the fastest market share over the forecast period. Continuous residential and commercial building projects take place in the North American region, which increases the need for ceramic tiles for use in wall coverings, flooring, and other applications. Ceramic tiles are among the high-quality building materials that are frequently used in construction and remodelling projects in North America due to the region's relatively high standard of living. Ceramic tile demand may be impacted by changes in the housing market. There may be an upsurge in demand for tiles during periods of rapid real estate growth for both new construction and home improvement projects.
Recent Market Developments
- In August 2020, All of Oitolabs Technologies Private Limited's shares were purchased by SCG Cement-Building Materials Company Limited in India.
List of Key Companies
- ATLAS CONCORDE S.P.A.
- Mohawk Industries, Inc.
- Crossville Inc.
- RAK Ceramics
- Cerámica Saloni
- Florida Tile, Inc.
- Porcelanosa Group
- Kajaria Ceramics Limited
- Ricchetti Group
- China Ceramics Co., Ltd.
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global ceramic tiles market based on the below-mentioned segments:
Ceramic Tiles Market, Product Analysis
Ceramic Tiles Market, Application Analysis
Ceramic Tiles Market, End Use Analysis
Ceramic Tiles Market, Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- What is the market size of Ceramic Tiles Market?
The global Ceramic Tiles Market is expected to grow from USD 280.9 Billion in 2022 to USD 484.4 Billion by 2032, at a CAGR of 6.5% during the forecast period 2022-2032.
- Who are the key market players of Ceramic Tiles Market?
Some of the key market players of ATLAS CONCORDE S.P.A., Mohawk Industries, Inc., Crossville Inc., RAK Ceramics, Cerámica Saloni, Florida Tile, Inc., Porcelanosa Group, Kajaria Ceramics Limited, Ricchetti Group, and China Ceramics Co., Ltd.
- Which segment hold the largest market share?
Commercial segment holds the largest market share is going to continue its dominance.
- Which region is dominating the Ceramic Tiles Market?
Asia Pacific is dominating the Ceramic Tiles Market with the highest market share.