In addition, they are cost-effective and can withstand harsh environments, and caustic or acidic chemicals. According to a new report by Expert Market Research, the global ceramic tiles market reached a production volume of 14.79 Million Sq. Metres in 2018 and is further expected to reach 19 Million Sq. Metres by 2024.
A surge in the construction activities coupled with growing investments in infrastructural developments on account of rising urbanisation and industrialisation rates in the emerging regions are the biggest factors fostering the market growth. Another major factor supporting the market growth is the fact that the manufacturing process of ceramic tiles is environment-friendly as it reduces the carbon emissions. Moreover, ceramic tiles offer ease of installation and cleaning, due to which their demand has been augmented across the world. Factors such as elevating disposable incomes, technological advancements and a growth in the real estate sector are further aiding the market growth.
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Key findings from the report:
Expert Market Research has analysed the global ceramic tiles market according to type, application, countries and top players:
Market breakup by Type
Market breakup by Application
Market breakup by Country
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"Ceramic Tiles Market: By Region: Asia Pacific, North America, Middle East and Africa, South America; By Type: Floor Tiles, Wall Tiles; By End-Use: Residential Replacements, Commercial Applications, New Residential Applications, Other Applications; Value Chain Analysis; Imports and Exports; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); Competitive Landscape; Setting Up a Ceramic Tiles Manufacturing Plant; Capital Investment; Operating Expenditures; Project Economics"
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