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Decorative Tiles Industry Global Production,Growth,Share,Demand and Applications Forecast to 2023

WiseGuyReports.Com Publish a New Market Research Report On –“ Decorative Tiles Industry Global Production,Growth,Share,Demand and Applications Forecast to 2023”.

Pune, India – December 26, 2018 /MarketersMedia/

Description:-

Decorative tiles, made out of ceramic, porcelain, marble and stones are the tiles which are designed specifically to suit the construction type and theme. It is designed to add personality to the wall and floor and enhance the value of the construction in turn. The market of decorative tiles is governed by increasing consumption in Asia, Increasing FDI in construction and supportive government measures and initiatives. However the market growth is hampered by the impact on environment, fluctuating supply & prices of raw materials, and non-availability of skilled labor.

The global decorative tiles market has been segmented based on product, application and end-use. Based on product, the market has been segmented as ceramic tiles, porcelain tiles, stone tiles and others. The study indicates, Ceramic Tiles accounted for the largest market share. Ceramic is the most popular segment in the tiles industry worldwide. Ceramic tile is made up of sand, natural products, and clays and moulded into shape. These tiles they can either be glazed or unglazed, but the majority of homeowners have glazed ceramic tiles in their home. These have gained popularity and have become one of the most commonly used tiles by the construction industry. The reason is attributed to its easy maintenance, durability, and its scratch proof properties. Porcelain tiles was the second-largest market in 2016.

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On the basis of application, the market has been segmented as, floors, walls, and others. The study indicates, Floors segment accounted for the largest market share and is expected to be fastest growing product in the market. With the changing consumer preferences and increasing aesthetic values, especially in the private construction has resulted in the popularity of decorative floor tiles. These tiles enhances the value of the construction and offers personality in construction. On the basis of end use, the market has been segmented as, Residential and commercial. The study indicates, Residential segment accounted for the largest market share and is expected to be fastest growing product in the market. These is seen an increased private and residential construction due to increased disposable income and increased focus on the aesthetic values. This has led to constant change in preferences. The same is replicated in the tiles market.

The global decorative tiles market was valued at USD 112,281.17 million in the year 2016, which is expected to reach USD 146,213.4 million by the end of the forecast period growing at 3.94% CAGR.

Key Players
The prominent players in the decorative tiles include RAK Ceramics, The Siam Cement Public Company Limited (SCG), Group Lamosa, Roca Sanitario, S.A., Panariagroup Industrie Ceramiche S.p.A, Kajaria Ceramics, Mohawk Industries Inc., Grupo Concorde, Pamesa Ceramica, and Guangdong Dongpeng Ceramic Co., Ltd.

Objective of Global Decorative Tiles Market Analysis & Forecast, from 2016 to 2022
• Region-level demand analysis and forecast of the study market
• Study of the effect of exogenous & endogenous factors viz. demographic, economics, and political factors, which affect the global decorative tiles market
• Porter’s five forces market analysis to determine competitive scenario
• Segment and sub-segment level analysis of the market over the historical as well as forecast period
• Identification of key factors instrumental in the changing market scenario, such as tapping new market opportunities, and gaining competitive edge

Target Audience
• Supplier companies
• End Users
• Consultants And Investment Bankers
• Research Institute / Education Institute

Continued……

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Table Of Contents – Major Key Points

1 Executive Summary 12

2 Introduction 14
2.1 Definition 14
2.2 Scope of the Study 14
2.3 Assumptions 14
2.4 Market Structure 15

3 Research Methodology 16
3.1 Research Process 16
3.2 Primary Research 17
3.3 Secondary Research 17
3.4 Market Size Estimation 17
3.5 Forecast Model 19

4 Market Dynamics 20
4.1 Drivers 21
4.1.1 Increased consumption in the Asia 21
4.1.2 Increasing FDI in construction 22
4.1.3 Supportive government regulations and initiatives 23
4.2 Restraints 24
4.2.1 Impact on the environment 24
4.2.2 Fluctuating supply and prices of raw materials 24
4.2.3 Availability of skilled labor 25
4.3 Opportunities 25
4.3.1 Expanding market in the U.S. 25

5 Market Factor Analysis 26
5.1 Porter’s Five Forces Analysis 26
5.1.1 Threat of New Entrants 27
5.1.2 Bargaining Power of Suppliers 27
5.1.3 Bargaining Power of Buyers 27
5.1.4 Threat of Substitutes 27
5.1.5 Rivalry 27
5.2 Value Chain Analysis 28

Continued……

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Source URL: https://marketersmedia.com/decorative-tiles-industry-global-productiongrowthsharedemand-and-applications-forecast-to-2023/464037

Source: MarketersMedia

Release ID: 464037

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