Global Ceramic and Natural stone tiles Market is valued approximately 362.7 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2020-2027. Ceramic and Natural stone tiles is a product that are available in various textures , forms ,sizes and colours , made from the natural stone that are mainly used in the interior designing of the house including kitchen and bathroom (ER). Also, the Ceramic and Natural stone tiles are used for decorating and creating luxurious rooms. The increasing investments in construction sector ,residential and commercial platforms, increasing population and various government resedential policies has led the adoption of Ceramic and Natural stone tiles across the forecast period. For Instance: according to the Leading Indicator of Remodeling Activity (LIRA), at the House Remodelling Programme which is conducted at the Joint Center for Housing Studies of Harvard University. Home renovation and repair spending is expected to rise from 3.5 percent at the end of 2020 to 3.8 percent by the end of 2021 . In addition, spending in 2018 and 2019 grew significantly faster than anticipated, rising 12.8 percent in these two years against 11.5 percent previously predicted. However, high construction costs ,availability of raw material, substitutes such as recyclable glass tiles , rubber , restriction of mining activities , strict regulations by government impedes the growth of the market over the forecast period of 2020-2027. Also, with the increasing population , upgradation of infrastructure & demand for water resistant , chemical resistant tiles is likely to increase the market growth during the forecast period.
The regional analysis of global Ceramic and Natural stone tiles market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the growing geriatric population and promptness & affordability of urgent care services coupled with the well-established healthcare infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising incidences of injuries and improving healthcare infrastructure would create lucrative growth prospects for the Ceramic and Natural stone tiles market across Asia-Pacific region.
Major market player included in this report are:
Porcelanosa Grupo
Florida Tile
Grupo Cedasa
RAK Ceramics
Ceramica Carmelo Fior
NITCO Tiles
Crossville Inc
Atlas Concorde
Kajaria Ceramics
Orient Tiles
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Glazed Ceramic Tiles
Porcelain Tiles
Scratch-free Ceramic Tiles
Granite Tiles
Limestone Tiles
Travertine Tiles
others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027
Target Audience of the Global Ceramic and Natural stone tiles Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors