![]() Global Ceramic Tiles Market by Construction Type Outlook (Revenue, USD Billion, 2021-2027) Global Ceramic Tiles Market by Application Outlook (Revenue, USD Billion, 2021-2027) Global Ceramic Tiles Market by Product Outlook (Revenue, USD Billion, 2021-2027) The Global Ceramic Tiles Market Segmentation: In addition, presence of several renowned ceramic tile manufactures such as Dal-Tile Corp., Shaw Industries Group,Inc., Marazzi due to the availability of raw material and a high portion of the untapped market is positively driving the ceramic tiles market in this region. In terms of geography, North America is another dominant region in the ceramic tiles market and is expected to show a significant growth during the forecast period, on account of the rising construction of non-residential and residential buildings in the region. Global Ceramic Tiles Market by Region Outlook (Revenue, USD Billion, 2021-2027) However, governmental guidelines concerning the carbon emissions withinside the manufacturing of ceramic tiles CAN hamper the market growth. The robust barrier to dust and water is predicted to fuel the stakeholders to capitalize on the underlying possibilities in this industry. Get a Sample Copy of the Brake System Market Report 2021-2026 Including TOC, Figures, and Graphs at Due to the continuing COVID-19 pandemic, the construction sector is going through numerous challenges, like the lack of investment, failure to complete the assignment on time, raw material shortage, lack of skilled labour, excessive operating costs, etc. The residential segment, which accounted for a larger market share, is recording extra transactions with both, new domestic construction, substitute and maintenance construction. Commercial and residential construction is on an enlargement path in the majority of countries. The Demand for ceramic tiles is driven by the increasing construction sector throughout the regions. Due to these properties, along with their anti-skid, lightweight and anti-bacterial properties, these tiles are commonly used in hotels, hospitals, pharmaceutical manufacturing facilities and laboratories. Ceramic tiles are available in various textures, designs, colours, sizes and shapes and are now used as an alternative to hardwood and other flooring products like concrete and marbles. As the ceramic tiles can be customized as per consumer preferences, the demand for variety of ceramic tiles has increased considerably. The shift in consumer preference towards replacing marble floors, paints, metal slabs and other home decor products with ceramic tiles is one of the key growth drivers. The Global Ceramic Tiles Market was valued at USD 210.1 Bn in 2020 and is expected to reach USD 295.1 Bn by 2027, with a growing CAGR of 6.8% during the forecast period. The increasing industrialization and urbanization in developing economies is projected to propel the growth of the ceramic tiles market during the forecast period.
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