Decorative Tile Market 2019 Global Size, Regional Outlook, End User, Development Strategy, Growth Opportunities, Latest Trends Forecast 2023

Aug 6, 2019

Global Decorative Tile Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

pune, India - August 6, 2019 /MarketersMedia/ —

The global decorative tiles market is predicted to grow at a 3.94% CAGR over the forecast period (2017-2023), reveals the new Market Research Future (MRFR) report. Decorative tiles are made of stones, marbles, porcelain, and ceramic. They are designed specially to complement the theme and construction type. Decorative tiles can add personality to the floor and walls and are preferred over other forms of lightweight materials for wall and ceiling applications, such as perlite and wood. These tiles are highly favored for their attractive and adaptable characteristics. The specialty of decorative tiles is they help in breaking up the monotony of any room and creating a customized space. They come in an array of patterns right from squares to circles and intricate designs to tapestry-like nets that reflect impressionistic to classic styles of art.

Various factors are driving the growth of the decorative tiles market. These factors, in accordance with the Market Research Future (MRFR) report, include the increasing popularity of 3D printed tiles, growing construction industry, rising urbanization, and growing government initiatives and regulations.

Global Decorative Tiles Market is expected to reach a market size of USD 146,213.4 million by the end of the forecast period at CAGR of 3.94%.

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On the contrary, lack of trained and experienced workers may hamper the market growth over the forecast period.

Key Players

Leading players profiled in the decorative tiles market report include Guangdong Dongpeng Ceramic Co., Ltd. (China), Pamesa Cerámica SL (Spain), Kajaria Ceramics Limited (India), Mohawk Industries, Inc. (US), Gruppo Concorde S.p.A. (Italy), Panariagroup Industrie Ceramiche S.p.A (Italy), Roca Sanitario, S.A. (Spain), Group Lamosa (Mexico), The Siam Cement Public Company Limited (Thailand), and RAK Ceramics (UAE), among others.

June 2019: Asian Granito India Ltd, a leading tiles company in India has launched its largest showroom unveiling a huge collection of tiles and sanitary ware at Gujarat. The display center will have an elegant and exclusive variety of tiles, engineered quartz, marble, and sanitaryware everything under one roof.

Market Segmentation

The Market Research Future report offers a wide segmental analysis of the decorative tiles market based on product, application, and end use.

Based on product, the decorative tiles market is segmented into stone tiles, porcelain tiles, ceramic tiles, and others. Of these, the ceramic tiles segment will have the largest share in the market over the forecast period and is considered to grow at a 3.98% CAGR owing to its alluring features such as scratch resistance, durability, and easy maintenance.

Based on application, the decorative tiles market is segmented into walls, floor, and others. Of these, the floor segment will dominate the market over the forecast period and grow at a 4.42% CAGR. The change in preferences of consumers in private construction and demand for aesthetics have also led to the popularity of such tiles.

Based on end use, the decorative tiles market is segmented into residential and commercial. Of these, the residential segment will have the maximum share in the market over the forecast period and is predicted to grow at a 4.37% CAGR. Growing focus on aesthetic values and constantly increasing residential and private construction is driving the market demand.

Regional Analysis

Based on the region, the decorative tiles market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Rest of the World (RoW). Of these, Asia Pacific will have the lion’s share in the market over the forecast period and is predicted to grow at a 4.23% CAGR. Growing number of supermarkets coupled with the booming e-commerce market owing to rising internet penetration in this region is contributing to the market growth.

The decorative tiles market in Europe will have the second largest share over the forecast period and is considered to grow at a 3.60% CAGR. This region accounts for rising manufacturing of ceramic tiles and is also a leading consumer of decorative tiles.

The decorative tiles market in North America will have a healthy growth over the forecast period and is considered to grow at a 3.44% CAGR. It is highly dependent on imports from other countries.

The decorative tiles market in the Rest of the World is predicted to have a favorable growth over the forecast period.

Scope of Report

The report for Global Decorative Tiles Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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List of Tables

Table 1 Global Decorative Tile Market, by Type
Table 2 Global Decorative Tile Market, by Application
Table 3 Global Decorative Tile Market, by End User
Table 4 Global Decorative Tile Market, by Regions
Table 5 North America Decorative Tile Market, by Type
Table 6 North America Decorative Tile Market, by Application
Table 7 North America Decorative Tile Market, by End User
Table 8 U.s. Decorative Tile Market, by Type
Table 9 U.s. Decorative Tile Market, by Application
Table 10 U.s. Decorative Tile Market, by End User

Continued........

List of Figures

Figure 1 Research Application
Figure 2 Global Decorative Tile Market: by Type (%)
Figure 3 Global Decorative Tile Market: by Application (%)
Figure 4 Global Decorative Tile Market: by End User (%)
Figure 5 Global Decorative Tile Market: by Region
Figure 6 North America Decorative Tile Market, by Type (%)
Figure 7 North America Decorative Tile Market, by Application (%)
Figure 8 North America Decorative Tile Market, by End User (%)
Figure 9 North America Decorative Tile Market, by Countries (%)
Figure 10 Europe Decorative Tile Market, by Type (%)

Continued........

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Website: https://www.marketresearchfuture.com/reports/decorative-tile-market-4277

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Source: MarketersMedia

Release ID: 88904557

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