Decorative Tile Market Research Report 2019 published By Market Research Future, provides information on Global Decorative Tile Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation By Product (Ceramic Tiles, Porcelain Tiles, Stone Tiles, and Others), By Application (Floors, Walls, and others), By End-Use (Residential and Commercial) and By Region - Global Forecast To 2023 —
The Decorative Tiles Market is expected to grow over the CAGR of around 3.94% during the period 2017 to 2023.
The prominent players in the Decorative Tiles include RAK Ceramics (UAE), The Siam Cement Public Company Limited (Thailand), Group Lamosa (Mexico), Roca Sanitario, S.A. (Spain), Panariagroup Industrie Ceramiche S.p.A (Italy), Gruppo Concorde S.p.A. (Italy), Mohawk Industries, Inc. (U.S.), Kajaria Ceramics Limited (India), Pamesa Cerámica SL (Spain), and Guangdong Dongpeng Ceramic Co., Ltd. (China).
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Decorative Tiles, made out of ceramic, porcelain, marble and stones are the tiles which are designed specifically to suit the construction type and theme. It is designed to add personality to the wall and floor and enhance the value of the construction in turn. Growing supportive government regulations and initiatives fuelling the growth of the market. However, it has been seen that there is a lack of experienced and trained workers. This hampers the market growth in the long run.
Scope of the Report:
This study provides an overview of the Global Decorative Tiles Market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the Global Decorative Tiles Market by its product, application, end-use and region.
Global Decorative Tiles Market, By Product
• Ceramic Tiles
• Porcelain Tiles
• Stone Tiles
Global Decorative Tiles Market, By Application
Global Decorative Tiles Market, By End-Use
Market Research Analysis:
On the basis of product, the market is segmented into Ceramic Tiles, Porcelain Tiles, Stone Tiles, and others. Ceramic Tiles accounted for the largest market share of 47.92% in 2016, with a market value of USD 53,805.1 Million and is projected to grow at CAGR of 3.98% during the forecast period. Ceramic is the most popular segment in the tiles industry worldwide. These tiles have gained popularity mainly due to its easy maintenance, durability, and its scratch proof properties. Porcelain Tiles was the second-largest market in 2016, valued at USD 28,530.6 Million in 2016. Porcelain has certain properties which have resulted in the fastest growing market for this segment. Porcelain tiles has low water absorption rate, denser and more durable when compared to ceramic tiles. This fuels the demand for porcelain tiles in the residential and commercial construction and is expected to grow highest at 4.14% CAGR during the forecast period. Stone Tiles is projected to grow at a CAGR of 3.82%.
On the basis of application, floors accounted for the largest market share of 54.56% in 2016, with a market value of USD 61,260.6 Million and is projected to grow at the highest CAGR of 4.42% during the forecast period. With the changing consumer preferences and increasing aesthetic values, especially in the private construction has resulted in the popularity of decorative floor tiles. Walls was the second-largest market in 2016, valued at USD 38,411.4 Million in 2016; it is projected to grow at a CAGR of 3.46%. Such tiles are used mostly for decorative purposes to enhance the look of the room, bathroom or kitchen. Glazed tiles are used heavily for walls.
Hence, Global Decorative Tiles Market is expected to reach a market size of USD 146,213.4 million by the end of the forecast period at CAGR of 3.94%.
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Table of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/value Chain Analysis
3.4 Porter’s Five Forces Analysis
List of Tables
Table 1 Global Decorative Tile Market, by Type
Table 2 Global Decorative Tile Market, by Application
Table 3 Global Decorative Tile Market, by End User
Table 4 Global Decorative Tile Market, by Regions
Table 5 North America Decorative Tile Market, by Type
Table 6 North America Decorative Tile Market, by Application
Table 7 North America Decorative Tile Market, by End User
Table 8 U.s. Decorative Tile Market, by Type
List of Figures
Figure 1 Research Application
Figure 2 Global Decorative Tile Market: by Type (%)
Figure 3 Global Decorative Tile Market: by Application (%)
Figure 4 Global Decorative Tile Market: by End User (%)
Figure 5 Global Decorative Tile Market: by Region
Figure 6 North America Decorative Tile Market, by Type (%)
Figure 7 North America Decorative Tile Market, by Application (%)
Figure 8 North America Decorative Tile Market, by End User (%)
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