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Ceramic tile refers to those tiles that are made from either white clay or a red one. These tiles find use in different areas of a house. The clay used in these tiles is fired in a kiln and is then coated with a certain glaze that is able to seal and protect them. This coating prevents the tiles from absorbing various types of stains yet bettering the durability of each of the tiles. This glaze helps in imparting pattern and color to the tiles. Ceramic tiles have gained popularity in the making of walls, counter-tops, and floors and come in various sizes and designs. The increasing popularity of these tiles is likely to foster growth of the global ceramic tiles market in the years to come.

The development of the global ceramic tiles market is likely to be influenced by the increasing construction of spaces of lodging, shopping malls, office spaces, and many other utility spaces. These tiles are environment friendly, rigid, and durable and it adheres to the standards of green building, which is why the global ceramic tiles market is expected to gather momentum over the tenure of analysis, from 2020 to 2030. Different textures, size, and range of colors can be found in ceramic tiles, thereby driving its demand for use in flooring applications.

The global ceramic tiles market is anticipated to register a growth rate of over 8.5% CAGR over the tenure of assessment, from 2020 to 2030. The market is anticipated to attain a value of US$ 230 Bn in the forthcoming years.

Augmented spending on various construction activities is likely to play an important role in the driving the global demand for ceramics. Real estate sector in India, Japan, and China are flourishing, thanks to the competitive pricing of these tiles in the market. The construction has been truly instrumental in widening the scope of application of ceramic tiles.

Outbreak of Covid-19 to Pose Challenges for the Market in the Next Few Months

Intermediaries like big box retailers, wholesalers, and distributors take up the responsibility of distributing ceramic tiles. In addition, retailers and distributors have entered into collaboration with designers, architects, providers of adhesives and glues for installation of ceramic tiles, and various construction companies in a bid to meet the demands of the consumers.

Technological progress made in the ceramic tiles industry has made an introduction of high quality products together with enhanced aesthetics. Manufacturers of ceramic tiles are now making use of advanced technologies, such as inkjet printing in an effort to meet the customer’s demand for improved aesthetics. On the other hand, rising prices of raw materials and strict regulations pertaining to the environment are likely to impede the growth of the global ceramic tiles market in the years to come.

In addition, with the outbreak of global pandemic, Covid-19, the demand for ceramic tiles are anticipated to plummet. Worldwide lockdowns, loss of jobs, and social distancing have resulted in careful spending, which is further likely to cause setback to the global ceramic tiles market in the next few months to come. The construction industry has almost come to a standstill, thereby leading to a decline in demand for ceramic tiles.

Rising Disposable Income and Demand for Improved Aesthetics to Drive Asia Pacific Market

The global ceramic tiles market is likely to be dominated by the Asia Pacific region. The dominance of the region is likely to continue, thanks to the burgeoning construction businesses in the region. High demand is generated from commercial, industrial, and residential spaces. Countries like India and China are expected to remain at the forefront of growth of the market in the Asia Pacific region. In addition, rising disposable income together with demand for improved aesthetics is expected to foster development of the ceramic tiles market in Asia Pacific.