Ceramic Tiles Market size was over USD 114.68 billion in 2024 and is projected to cross USD 272.06 billion by the end of 2037, growing at more than 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ceramic tiles is estimated at USD 121.01 billion.
The growth of the market is primarily attributed to the rising construction activities around the world. Government across various countries are highly investing in the construction sector which, in turn, is expected to bring lucrative growth opportunities in the market. According to a latest report, the total spending in the U.S. construction sector was totaled to be approximately USD 2 trillion in 2020.
The rapid urbanization has increased the construction processes of office spaces, shopping malls, residential, industrial, and other utility spaces is estimated to ascend the demand of ceramic tiles across the globe during the forecast period. As a result, the employment rate has considerably grown up in the past few days. High level of employees hired in the construction sector is forecasted to increase the utilization of ceramic tiles for varied processes. As per 2021, there were almost 10 million construction workers in the United States, approximately 8% of the total working population.
Growth Drivers
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
6.9% |
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Base Year Market Size (2024) |
USD 114.68 billion |
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Forecast Year Market Size (2037) |
USD 272.06 billion |
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Regional Scope |
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End-user (Residential, Non-Residential)
The ceramic tiles market is segmented and analyzed for demand and supply by end-use into residential and non-residential. Out of these, the residential segment is expected to garner the highest market share by 2037, owing to increased number of residential buildings across the globe. As per estimations, in 2020, there were almost 100 million single family homes in the U.S. Further, there were around 5 million multifamily residential buildings in the same period.
Major Macro-Economic Indicators Impacting the Market Growth
The chemical industry is a major component of the economy. According to the U.S. Bureau of Economic Analysis, in 2020, for the U.S., the value added by chemical products as a percentage of GDP was around 1.9%. Additionally, according to the World Bank, Chemical industry in the U.S. accounted for 16.43% to manufacturing value-added in 2018. With the growing demand from end-users, the market for chemical products is expected to grow in future. According to UNEP (United Nations Environment Program), the sales of chemicals are projected to almost double from 2017 to 2030. In the current scenario, Asia Pacific is the largest chemical producing and consuming region. China has the world’s largest chemical industry, that accounted for annual sales of approximately more than USD 1.5 trillion, or about more than one-third of global sales, in recent years. Additionally, a vast consumer base and favorable government policies have boosted investment in China’s chemical industry. Easy availability of low-cost raw material & labor as well as government subsidies and relaxed environmental norms have served as a production base for key vendors globally. On the other hand, according to the FICCI (Federation of Indian Chambers of Commerce & Industry), the chemical industry in India was valued at 163 billion in 2019 and it contributed 3.4% to the global chemical industry. It ranks 6th in global chemical production. This statistic shows the lucrative opportunity for the investment in businesses in Asia Pacific countries in the upcoming years.
Our in-depth analysis of the global ceramic tiles market includes the following segments:
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By Application |
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By Formulation |
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By Type |
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By End-Use |
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Regionally, the global ceramic tiles market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is projected to hold the largest market share by the end of 2037. The rapid expansion of construction industry in the region is attribute to increase the sales of ceramic tales in the forecast period. In U.S. economy, construction industry has more than 745,000 employers and over 8 million employees. Further, the growth in Gross Domestic Product (GDP) level and development rate has propelled the high investments and spending on construction processes. According to a latest report, the U.S. spending on private, public and commercial sector construction was totaled to be approximately USD 1 trillion, USD 350 billion and USD 30 billion respectively.
Crossville, Inc. has launched the Cursive porcelain wall tile collection. This unique product line is notable for its range of eclectic shapes and vibrant color offerings.
AZIZI Developments along with RAK Ceramics is all set supply floor and wall tiles for apartment and bathroom fittings for phase 3 of Riviera in MBR City.
Author Credits: Rajrani Baghel
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