Global Ceramic Tiles Market to Reach 92.78 Billion Square Feet by 2015, According to a New Report by Global Industry Analysts, Inc.

Share Article

GIA announces the release of a comprehensive global report on Ceramic Tiles market. In light of the anticipated economy recovery in the medium term and the ensuing resurgence in construction activity, coupled with effervescent product innovations, world ceramic tiles market is projected to reach 92.78 billion square feet by 2015.

Ceramic Tiles: A Global Strategic Business Report

Ceramic tiles are essential materials used in the construction industry. Widely used in interior and exterior architectures, ceramic tiles represent a highly variable market dependent on factors, such as economic conditions, growth in GDP, consumer purchasing power and the overall health of the domestic housing and construction industry. The world economic slowdown triggered sharp declines in housing starts in developed regions, such as, the United States, and Europe, which not surprisingly impacted the ceramic titles market. Rising levels of unemployment, reduction in household wealth, and discretionary spends, falling consumer confidence, lack of credit availability, and budgetary constrains have driven down construction and renovation activities both in the residential and commercial construction sectors. In the post recession period, re-emergence of growth driving market fundamentals and refreshing technological innovations are expected to kindle consumer interest and re-energize demand patterns. Registering a CAGR of around 3.05% over the analysis period, Asia-Pacific represents the fastest growing market for ceramic tiles.

Sustainability and style factors have continued to influence ceramic tiles industry. For instance, most manufacturers from Italy, as well as those from other countries such as Spain, France, Germany, Japan, and others have demonstrated significant interest and made major investments in sustainable production of ceramic tiles to meet the ever tightening environmental standards and regulations.

As stated by the new market research report on ceramic tiles market, Asia-Pacific and Europe collectively account for more than 80% share of the global market. Market in the United States is expected to witness erosion in sales by approximately 1,268 million square feet between the period 2007 and 2011.

Key players in the marketplace include Boral Ltd, Canteras Cerro Negro SA, Cecrisa S.A, Ceramica Lima S.A, Ceramiche Atlas Concorde S.p.A, Ceramika Tubadzin II Sp. z o.o, Ceramicas Malpesa S.A, Cerypsa Ceramicas S.A, Cristal Cerámica S.A, Crossville, Eagle Brand Holdings Ltd, Eliane Revestimentos Ceramicos, Florida Tile Industries, Florim USA Inc, Gainey Ceramics, Gruppo Ceramiche Ricchetti SpA, Imerys SA, Internacional De Ceramica SA DE CV, Iris Ceramica SpA, Jordan Ceramic Industries Company Ltd, Lamosa Revestimientos, Lira Keramika, Mannington Mills, Marazzi Group S.p.A, Mohawk Industries, Nitco Tiles Ltd, Pilkington Group Plc, Portobello SA, Roca Sanitario, Sanex SA, Somany Ceramics Ltd, The Siam Cement Public Company Limited, and Villeroy & Boch AG among others.

The report titled “Ceramic Tiles: A Global Strategic Business Report”, published by Global Industry Analysts, Inc., provides a review of market trends & issues, product overview, product launches, recent industry activity, and profiles of major players worldwide. The single segment study provides market estimates and projections in volume (in million square feet) for major geographic markets such as US, Canada, Japan, Europe, Asia-Pacific, Middle East and Latin America.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Ceramic_Tiles_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website

Media