Growing Investments in The Construction Industry Propelling Ceramic Tiles Market

 

Contact Information
MarketsandMarkets
Hadapsar,Pune
Pune
Maharashtra - 411013
India
18886006441
pratik.gundawar@marketsandmarkets.com
 
Ceramic Tiles are used in various construction types such as in new construction and replacement & renovation activities. The new construction segment is projected to dominate the ceramic tiles market, in terms of value, through the forecast period. It is easier and more cost-efficient to install ceramic tiles in new constructions than in replacement & renovation activities.

The ceramic tiles market will grow from USD 227.89 Billion in 2018 to USD 320.07 Billion by 2023, at an estimated CAGR of 7.03%. The segmentation for this report is based on application, construction type, end-use sector, and region. The factors contributing to the growth of the ceramic tiles market include the cost-effectiveness and the aesthetic appeal of these tiles and the growing trend toward interior decoration.

To Purchase Report@ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=228236779

Asia Pacific dominated the market for ceramic tiles in 2017, in terms of value. The low manufacturing cost, increasing disposable income of the population, and rising construction activities drives the market for ceramic tiles in the region. In the region, China held the largest market share owing to the presence of the promising construction industry.

Key Drivers:
- Increasing Population & Urbanization
- Growing Investments in The Construction Industry
- Rise in The Number of Renovation & Remodeling Activities
- Increase in Industrialization

Opportunities:
- Growth of The Organized Retail Sector
- Rising Demand From Emerging Economies

Request Sample@ https://www.marketsandmarkets.com/requestsample.asp?id=228236779

By Application:
- Floor
- Wall
- Roof
- Others (Ceiling and countertop)

By Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America


The residential segment, by end-use sector, is projected to dominate the ceramics tiles market through the forecast period. The growing focus toward interior decoration and comfort, coupled with the rising disposable income of the population is expected to drive the demand for ceramic tiles in the residential sector.

For More Related Info@ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=228236779

The residential segment, by end-use sector, is projected to dominate the ceramics tiles market through the forecast period. The growing focus toward interior decoration and comfort, coupled with the rising disposable income of the population is expected to drive the demand for ceramic tiles in the residential sector.

The global ceramic tiles market is dominated by players such as Mohawk Industries (US), Kajaria Ceramics (India), China Ceramics (China), Siam Cement (Thailand), and Grupo Lamosa (Mexico).

About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
For more information, visit: https://www.marketsandmarkets.com/requestsample.asp?id=228236779


Ceramic Tiles Market

 

If you have any questions regarding information in this press release, please contact the person listed in the Contact / Company information box of this page. Please do not attempt to contact Market Press Release. We will be unable to assist you with any information regarding this release. Market Press Release disclaims any content contained in this press release.