NEW YORK, Nov. 10, 2023 /PRNewswire/ — The ceramic and natural stone tiles market size is expected to grow by USD 83.05 billion between 2023 and 2028. However, the growth momentum of the market will progress at a CAGR of 7.19% during the forecast period. The market is segmented by Type (Porcelain, Glazed ceramic, Granite, Limestone, and Others), End-user (Commercial, Residential, and Recreational), and Geography (APAC, Europe, North America, Middle East and Africa, and South America). The growth of the construction and real estate industry drives the market growth. The demand for ceramic and natural stone tiles for flooring and wall applications also increases as a result of construction projects, including residential, commercial, and infrastructure, continue to grow. As construction and real estate projects continue to grow and evolve, the demand for these tiles is expected to remain robust. The report analyses the market size and growth and provides accurate predictions on the growth of the market. View a Free PDF Sample
Technavio has announced its latest market research report titled Global Ceramic and Natural Stone Tiles Market 2024-2028
Key Highlights:
The report recognizes the following as some of the key players in the ceramic and natural stone tiles market: Arizona Tile LLC, Artisans of Devizes, Atlas Ceramics South Limited, Authentic Stone Ltd., Bedrosians Tile and Stone., Bisazza SpA, Clayhaus Ceramics, Discount Ceramics Leicester, Hakatai Enterprises Inc., Heritage Ceramics Ltd, Kohler Co., London Tile Co, Panariagroup Industrie Ceramiche S.p.A., Royal Stones Ltd., Sarsen Stone Group, Stone Direct International Ltd, Susan Jablon, THE STONE and TILE COMPANY LTD, Tile America, and Vogue Ceramics Ltd
Ceramic and Natural Stone Tiles Market is fragmented in nature.
Market to observe 6.89% YOY growth in 2024.
Market Dynamics:
Trend
The introduction of 3D tiles is an emerging ceramic and natural stone tiles market trend.
A mixture of clay, sand, and other natural elements is used to make ceramics and natural stone tiles.
These materials are usually molded into desired shapes and designs and later heated at high temperatures in a furnace.
Decorative walls, roofing, and flooring purposes are created using the aesthetics of ceramic and natural stone tiles.
Thus, the increasing demand for sophisticated designs and patterns fuels the market growth during the forecast period.
Challenge
The environmental concerns in the manufacturing process of ceramic and natural stone tiles challenge the market growth.
Harmful pollutants like suspended dust particles, smoke and unburned fuel particles, aerosol particles, and paint and glaze spray particles are emitted during the production of the ceramic and natural stone tile.
Furthermore, factors like government regulations will limit the expansion of the market.
The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing a report
Keg Segments:
The porcelain segment is significant during the forecast period. Porcelain tiles are most commonly used in areas where high levels of moisture and humidity are expected, such as in the bathrooms and kitchens. Porcelain tile is best suited for use in bathrooms because of the amount of water and humidity bathrooms handle. In countries such as India, there is a growing renovation market, which propped up porcelain tile consumption. Get a glance at the market contribution of the segments, Request a Sample
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Ceramic And Natural Stone Tiles Market Scope |
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Report Coverage |
Details |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.19% |
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Market growth 2024-2028 |
USD 83.05 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
6.89 |
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Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 37% |
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Key countries |
US, China, India, Indonesia, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by End-user
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
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SOURCE Technavio