In terms of revenue, the global ceramic tiles market was valued at USD 60,735.8 million in 2012. The market is expected to reach USD 112,323.5 million by 2019, expanding at a CAGR of 9.2% from 2013 to 2019.
Albany, NY -- (SBWIRE) -- 04/01/2016 -- Demand for ceramic tiles is primarily led by an increase in construction activities globally and rising demand for new residential houses in buildings. Asia Pacific dominates the global market for ceramic tiles. This report by Transparency Market Research analyzes, estimates and forecasts demand for ceramic tiles on the global and regional level for a six-year period from 2013 to 2019 in terms of volume and revenue. The study also provides information on restraints, drivers and opportunities along with their impact on the overall market during the forecast period. The report segments the market based on application and region, and offers estimates and forecast of the ceramic tiles market for each segment.
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The study analyzes the product value chain, beginning with feed stock material up to end-use. Additionally, it evaluates the market based on Porter's five forces model, which analyzes the degree of competition in the market by considering factors such as bargaining power of buyers and suppliers, threat from substitute products and new entrants. The report includes a detailed competitive landscape of the ceramic tiles market including company market share analysis and profiles of key market participants.
The report provides a decisive view of the ceramic tiles market by segmenting the market based on product types and applications. Product segments analyzed in the report include floor tiles, wall tiles and other tiles. Based on applications, ceramic tiles are segmented into residential replacement, commercial, new residential and others (facades, countertops etc.). All the application segments have been analyzed based on present and future trends, and the market has been estimated from 2013 to 2019.
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Inflation is not a part of pricing in the report. Prices of ceramic tiles and its applications vary in each region; hence, a similar volume-to-revenue ratio does not follow for each individual region. The same price for each application has been taken into account while estimating and forecasting market revenue on the global basis. Regional average price has been considered while breaking down this market by end application in each region. The report provides market size of ceramic tiles for 2012 and forecast for the next six years. Market volumes are defined in million square meters, while market revenue for regions is in USD billion. Market numbers are estimated based on various key end application markets of ceramic tiles. Market size and forecast for each major application is provided in the context of the global as well as regional market .The numbers provided in this ceramic tiles market report are derived based on demand for ceramic tiles from various end-user applications in different regions.
For the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players' product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies.
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The ceramic tiles market has been segmented based on geography into North America, Europe, Asia Pacific, Latin America and Rest of the World. Demand of each type of application of ceramic tiles in terms of revenue and consumption for each of these regions has been forecast in the report for the period of 2013 to 2019.
Leading manufacturers profiled in the report include RAK Ceramics, China Ceramics, Mohawk Industries, Ceramica Saloni, Kajaria Ceramics, and Porcelanosa Grupo. These companies have been profiled in detail with features such as company overview, financial overview, business strategies, SWOT analysis and recent developments.
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