No tags yet.
Ceramic Wall Tiles Market Report By Region, Competitive Landscape, And Segment Forecasts
The global ceramic wall tiles market size is expected to reach USD 103.9 billion by 2025, ascending at a CAGR of 6.1% over the forecast period, according to a new report by Grand View Research, Inc. Ceramic wall tiles are gaining high demand from residential and commercial applications to replace traditional wall covering materials including paint and wallpapers. Easy accessibility, superior dirt & heat resistance, and affordable pricing of these products are likely to drive the market.
Ceramic wall tiles are finding increasing adoption in newer residential application settings, such as living rooms, lobby, and bedrooms, on account of their low cost, low maintenance, and high durability. Rising demand for ceramic wall tiles as a cost-effective alternative to conventional stone materials, such as granite and marble, is likely to propel their demand in commercial constructions including corporate offices, hotel lobbies, and museums.
Ceramic tiles are considered to be eco-friendly as they are completely manufactured using natural materials, such as clay and sand, along with other recycled materials. Moreover, these wall tiles also help in reducing energy utilization in modern constructions on account of their insulating properties. Growing demand for environmentally sustainable building materials is expected to generate a progressive demand for the product.
Consumers are experimenting with design, colors, and patterns to ensure a unique look of building structures. As a result, manufacturers are compelled to adopt advanced printing and production technologies to develop modern designs and textures. Product variation, tile quality, and unique designs coupled with established distribution networks are expected to be the key factors favoring growth of the major ceramic wall tiles market players.
Request a Free Sample Copy of Ceramic Wall Tiles Market Report @ https://www.radiantinsights.com/research/ceramic-wall-tiles-market/request-sample
Further key findings from the report suggest:
• Commercial application accounted for over 55% of the overall demand in 2018 and is expected to continue its dominance over the forecast period owing to increasing investments in retail stores, shopping malls, and office buildings
• In the U.K., healthcare end-use segment is likely to progress at a CAGR of 4.7% over the projected period, in terms of revenue, owing to rising government efforts to renovate and upgrade healthcare facilities in the country
• Residential application segment in the Indian ceramic wall tiles market was valued at USD 2.2 billion in 2018 owing to high investments in residential construction activities fueled by rise in average household incomes, low-interest rates, and rising population
• HORECA segment in the Middle East & Africa is expected to generate USD 2.5 billion by 2025 owing to healthy growth of tourism industry in the UAE, Saudi Arabia, and Egypt
• The market players are likely to target the developing markets such as India, China, and Southeast Asian countries to tap the robust market opportunities resulting from the rapid growth of construction sector.
The report “Ceramic Wall Tiles Market” is available now at https://www.radiantinsights.com/research/ceramic-wall-tiles-market
Table of Contents
Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR's Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing
Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights
Chapter 3. Ceramic Wall Tiles Market Variables, Trends, & Scope 3.1. Market Segmentation & Scope 3.2. Penetration and Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Raw Material Trends 3.3.2. Manufacturing Trends 3.3.3. Sales Channel Analysis 3.4. Technology Overview 3.5. Regulatory Framework 3.6. Market Dynamics 3.6.1. Market Driver Analysis 3.6.2. Market Restraint Analysis 3.6.3. Industry Challenges 3.7. Business Environment Analysis: Ceramic Wall Tiles Market 3.7.1. Industry Analysis - Porter's 3.7.1.1. Supplier power 3.7.1.2. Buyer power 3.7.1.3. Threat of substitutes 3.7.1.4. Threat of new entrants 3.7.1.5. Competitive rivalry 3.7.2. PESTEL Analysis 3.7.2.1. Political Landscape 3.7.2.2. Economic Landscape 3.7.2.3. Social Landscape 3.7.2.4. Technological Landscape 3.7.2.5. Environmental Landscape 3.7.2.6. Legal Landscape 3.8. Case Studies
Σχόλια