The global Ceramic And Natural Stone Tiles market size is expected to be worth around US$ 667.61 billion by 2030, according to a new report by Vision Research Reports.
The global Ceramic And Natural Stone Tiles market size was valued at US$ 362.7 billion in 2020 and is anticipated to grow at a CAGR of 5.10% during forecast period 2021 to 2030.
Easy installation and availability in a wide range of options in terms of color and dimensions are projected to augment the product demand over the forecast period.
A positive outlook of the construction industry on accounts of rising residential and non-residential building construction activities is expected to favor the market growth. Moreover, growing consumer preference for these products in, decorative wall, and various internal & external applications supported by the rising demand for low-maintenance construction materials is projected to augment the market growth. Rapid urbanization coupled with an evolving consumer lifestyle is also expected to generate new growth prospects for the companies in this industry.
Stringent environment regulations have led to an increase in R&D activities and the development of eco-friendly products, which is also expected to boost the market growth in the years to come. In addition, an initiative taken by the Government of Italy to promote the ceramic industry is expected to offer several growth opportunities over the forecast years.
The porcelain tiles segment led the market and accounted for more than 51% share of the global revenue in 2020 due to the wide product usage in various construction applications, such as walls and floors. Moreover, features of these products, such as durability and resistance to chemicals, bacteria, & stains, lead to significant long-term value, thereby augmenting their demand.
The glazed ceramic tiles segment is estimated to account for the second-largest revenue share by 2028. This growth is attributed to rising product demand in applications, such as kitchens, laundry rooms, and bathrooms, as a result of its water and stain-resistant properties. The granite product segment is expected to gain traction on account of the superior strength and enhanced physical properties of these products.
Moreover, the zero water absorption property of granite enables its use in wet area applications, such as bathrooms. The limestone product segment is projected to have significant growth over the forecast period on account of increasing product usage in flooring and decorative applications in commercial and residential building structures. The growing popularity of durable decorative materials is also likely to augment the growth over the coming years.
Asia Pacific dominated the market and accounted for over 45% share of the global revenue in 2020 owing to the increased number of renovation projects and construction activities in emerging economies like India and China. The regional market will expand further at the fastest CAGR from 2021 to 2028 due to the strong presence of prominent manufacturers in the region.
The Asia Pacific regional market is characterized by high temperature and extreme climatic conditions, which is anticipated to contribute to the product demand in flooring applications. Moreover, the growing tourism industry in the region implied an increasing need for resorts, restaurants, and food chains; thereby, driving the product demand.
Government programs, such as National Infrastructure Program and the National Housing Commission by the Mexican government, are projected to positively impact the construction industry, favoring the market prospect in Central & South America. Growing demand for improved infrastructure facilities, including airports, is further expected to drive the regional market. The market in Europe is estimated to account for the second-largest revenue share by 2028 due to the rising product demand in flooring applications.
Glazed ceramic tiles
Scratch-free Ceramic Tiles
Central & South America
Middle East & Africa
The Ceramic And Natural Stone Tiles market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Ceramic And Natural Stone Tiles market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Ceramic And Natural Stone Tiles market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Ceramic And Natural Stone Tiles market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Ceramic And Natural Stone Tiles market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Ceramic And Natural Stone Tiles capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Ceramic And Natural Stone Tiles by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Ceramic And Natural Stone Tiles market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Ceramic And Natural Stone Tiles market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Ceramic And Natural Stone Tiles market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Ceramic And Natural Stone Tiles industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Ceramic And Natural Stone Tiles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Ceramic And Natural Stone Tiles market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Ceramic And Natural Stone Tiles market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Ceramic And Natural Stone Tiles market. These factors have benefited the growth of the global market for Ceramic And Natural Stone Tiles. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Ceramic And Natural Stone Tiles. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Ceramic And Natural Stone Tiles are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
Outdoor Living Structure Market (By Product: Pavilions/Gazebos, Pergolas/Patio) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Powder Compacting Pressers Market (By Product: Hydraulic, Electric, Hybrid, Mechanical, Servo-hydraulic; By Application: Powder Metallurgy, Ceramic & Cement, Carbon & Carbide, Others; By End-use: Automotive, Machining, Energy & Electricity, Equipment, Medical, Military, Construction, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Natural Extracts Market (By Product: Essential Oils, Oleoresins, Herbal Extract, Natural Colors, Dried Crops; By Application: Personal Care & Cosmetics, Food & Beverage, Animal Feed, Pharmaceuticals, Nutraceuticals, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Furfural Market (By Process: Quaker Batch Process, Chinese Batch Process, Rosenlew Continuous Process, Others; By Raw Material: Corn cob, Sugarcane bagasse, Sunflower hull, Rice husk, Others; By Application: Furfuryl alcohol, Solvent, Intermediate, Others; By End-use: Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverage, Refineries, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Glutathione Resin Market (By Application: Protein Purification, Immunoprecipitation (IP), Research, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...