Ceramic Tile Market is expected to reach $162.2 Billion by 2027 – An exclusive market research report by Lucintel
Lucintel’s latest market report analyzed that ceramic tile provides attractive opportunities in the residential and commercial construction markets. The ceramic tile market is expected to reach $162.2 billion by 2027 with a CAGR of 7.2%. In this market, residential is the largest segment by application, whereas floor tiles is largest by product type. Increasing demand for vitrified tiles, 3D tiles, designer tiles, acceptance of eco-friendly tiles, and introduction of nano-technology provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/ceramic-tile-market-2016-2021.aspx Based on application, the ceramic tile market is segmented into residential and commercial. The residential segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to people opt for ceramic tiles because it fulfills all desired requirements, requires low maintenance, and provides an aesthetic appeal to buildings.
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The Ceramic Tile Market is marked by the presence of several big and small players. Some of the prominent players offering ceramic tile include Mohawk Industries, Inc., Atlas Concorde, Ras Al Khaimah Ceramics PSC, Grupo Lamosa, and Interceramic.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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