Ceramic Tiles Market- Global Analysis, Size, Opportunities, Share Top Suppliers, Growth, Regional Trends, Key Segments, Graph and Forecast to 2027
The ceramic tiles market size is estimated to be USD 227.9 billion in 2022, and it is projected to reach USD 320.5 billion by 2030, at a CAGR of 7.1%. Ceramic tile refers to a construction material used on flooring and wall surfaces. Ceramic tiles are created by combining several substances, like clay, sand, quartz, and water. Ceramic tiles offer a solid, firm surface that doesn’t trap or hold onto allergens like pollen, dust, or dirt. These tiles are very well-liked and frequently utilized as flooring material and as wall-covering tiles. Ceramics tiles are strong and can withstand high temperatures. Ceramic tiles are easy to install, cost-efficient and durable.
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Ceramic tiles are used as floor and wall tiles in a wide range of buildings like including homes, stores, restaurants, hotels, businesses, industries, and hospitals. Ceramic tiles are widely used on walls, rooftops, swimming pools, bathrooms, and kitchens. They are a great choice for bathrooms and kitchens because of their non water absorbent and anti-slippage nature. The tiles are available in many sizes, styles, designs and patterns which helps in offering a versatile range to meet the specific needs of end-users.
The demand for Ceramic tiles is furnished by global players manufacturing for various end-use sectors. Some of the leading companies involved in the manufacturing of Ceramic Tiles are Mohawk Industries Inc. (US), Grupo Lamosa (Mexico), RAK Ceramics (UAE), SCG Ceramics (Thailand), and Kajaria Ceramics (India). These companies, along with other regional companies, cater to the demand for ceramic tiles globally.
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Mohawk Industries, Inc. is a leading producer of ceramic tiles and is involved in the manufacture, design, and distribution of residential and commercial flooring products. It operates through the segments: Global Ceramic, Flooring North America (NA), and Flooring Rest of the World (ROW). The company has production facilities spanning 19 countries. It supplies to over 170 countries globally. The Global Ceramic segment manufactures ceramic, porcelain, and natural stone tile products used for wall and floor applications.
Grupo Lamosa (Mexico) is a renowned global manufacturer and supplier of ceramic tiles for wall and floor applications. The company operates through segments i.e. Ceramic, Adhesive, and Corporate & Other segments. The company has operations in North America, South America, Central America, and Europe. It sells its floor and wall tiles under different brand names like the Firenze, Lamosa, Porcelanite, Cordillera, Ceramica Scop, Roca etc.
RAK Ceramics (UAE) is a global leader of ceramic tiles. The company operates through business segments which include Ceramics products, faucets, Other industrial and Others. The company has a customer base across Europe, the Middle East and North Africa, Asia, North and South America, and Australia in more than 150 countries. By leveraging its expertise and global reach, RAK Ceramics drives innovation and deliver high-quality ceramic tiles to its customers worldwide. The company has about 21 plants spread across the UAE, India, and Bangladesh.
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Other companies have initiated the following developments:
- In June 2022, Mohawk Industries entered into an agreement to purchase the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) for approximately USD 293 million.
- In August 2021, Grupo Lamosa announced the acquisition of Grupo Roca’s tile division. Group Roca is a high-end ceramic tile company with operations not only in Spain but also in the Americas.
- In January 2020, Grupo Lamosa reached an agreement with the shareholders of Eurocerámica, S.A., a ceramic manufacturer in Colombia, to acquire 100% of the shares representing its share capital stock.
- In November 2021, RAK Ceramics, in collaboration with ELIE SAAB, launched the ELIE SAAB bathroom and surface collections at downtown design in Dubai.
- In June 2020, RAK Ceramics and Azizi Developments entered into an agreement for the supply of floor and wall tiles and kitchen and bathroom fittings for the MBR City waterfront project in Dubai, UAE.
- In September 2021, Pamesa Ceramica acquired Azuliber, a large tile manufacturer.
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