Ceramic Wall Tiles Market By Reports And Data
Ceramic Wall Tiles
Market To Reach
USD 114.78 Billion
By 2027
Market Summary
The rise in construction activities in developing countries, coupled with the availability of abundant raw materials, are some of the
factors driving industry growth.
Market Size – USD 73.01 billion in 2019, Market Growth - CAGR of 6.2%, Market Trends –High construction activities across the
globe.
The global ceramic wall tiles market is forecast to reach USD 114.78 billion by 2027, according to a new report by Reports and Data.
Rapid growth in the construction & building industry in regions, especially Latin America and the Asia Pacific, shall drive ceramic wall
tiles demand over the forecasted timeframe. Government investments & initiatives in infrastructure and demographic features in
countries in the Asia Pacific are the prime factors propelling product usage in the region. Robust growth in the wall tiles industry is
analyzed to positively influence the product demand over the forecasted timeframe. The product is widely used in the industry,
particularly due to its durability, value-added aesthetic appearance, and strength. It efficiently reduces the cost related with paints &
coatings required in walls. Moreover, it also offers negligible maintenance costs after installation.
The global construction market, once booming due to the commercial and residential construction in the U.S. and China, has been
affected by the suspension of the construction activities across the influenced economies. In the United States, the construction
industry is anticipated to take a major hit owing to the lockdown imposed by the government during COVID-19 and labor shortages,
which is expected to be aggravated by the resulting supply chain problems and financing pressures because of the non-adherence to
the completion times.
Market Summary
Further key findings from the report suggest
• Rising commercial construction in parts of Latin America will also positively influence the
industry growth in the coming few years.
• Among the application segment of the ceramic wall tiles industry, commercial construction
is presently leading the market with 46.2% of the market share, and it will continue to
dominate with an estimate to register the highest CAGR of 6.3% over the forecasted
period.
• Among the raw material segment of the ceramic wall tiles industry, silica sand is presently
leading the market with 31.3% of the market share, and it will continue to dominate with
an estimate to register the highest CAGR of 6.3% over the forecasted period.
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Market Summary
Key participants include Ceramiche Atlas Concorde S.p.A., Crossville Inc., RAK Ceramics, Cerámica Saloni, Kajaria
Ceramics Limited, Somany Ceramics, White Horse Ceramic Industries Sdn Bhd, Guocera Holdings Sdn Bhd, China
Ceramics Co., Ltd., and Porcelanosa Grupo A.I.E., among others.
Segmentation:
For the purpose of this report, Reports and Data have segmented into the ceramic wall tiles market on the basis
of raw material, dimensions, application, and region:
Raw Material Outlook (Revenue, USD Billion; 2017-2027)
• Feldspar
• Kaolin
• Bentonite
• Silica sand
Dimensions Outlook (Revenue, USD Billion; 2017-2027)
• 20 X 20
• 30 X 30
• 30 X 60
• 60 X 120
• Others
Market Summary
Application Outlook (Revenue, USD Billion; 2017-2027)
• Residential Replacement
• New Residential
• Commercial
• Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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