The market for ceramic tile was valued at USD 355.31 billion in 2021 and is anticipated to grow at a CAGR of 7.1% between 2022 and 2030. During the forecast period, an economic growth is projected to drive up demand for the items because of the increase in the development of office buildings, shopping centers, hotels, and other utility spaces around the world. The COVID-19 pandemic outbreak in 2020 had a significant influence on the industry because lockdown measures implemented by governments around the world to stop the spread caused a halt in building and construction operations. Lockdowns in several key countries that produce ceramic tile also disrupted the product's global supply chain.
Due to government-offered relaxations of lockdown regulations and a decrease in the severity of the pandemic, the market had a significant comeback in the second half of 2020 and is anticipated to do so again in the upcoming years. However, it is anticipated that the threat of more waves in the countries that produce ceramic tiles will limit market expansion. Due to rising demand for single-family home development and strengthening residential replacement in the U.S., the market for ceramic tiles is expected to increase over the anticipated period. The U.S. Green Building Council's regulations, which require the use of eco-friendly building materials, have had a favorable impact on the industry's expansion. Ceramic tiles are becoming more popular in flooring and walling applications because they are strong, rigid, and environmentally friendly materials that meet green building criteria. Due to their large variety of commercially available colors, sizes, and textures, these products are increasingly popular for use in high-end flooring applications.
A growing trend in digital inkjet printing technology for tile decorating is being seen in the ceramic tile production business. The prevalence of the aforementioned technology in the market is additionally anticipated to increase during the projected period due to major developments in print head design and ink composition. A number of service providers, including design studios that help in creating new graphics for the manufacturing of more visually pleasing tiles, are integrating with key competitors in the market. It also comprises the providers of end-line processing, which involves cutting, grinding, and lapping the finished product. Distributors, wholesalers, and big-box retailers are the main middlemen used in the distribution of ceramic tiles. To meet the demands of the end users, distributors and merchants also work with construction firms, glue and adhesive suppliers for tile installation, as well as architects and designers.
Product Information In 2021, porcelain tiles dominated the market and generated around 54% of the total revenue. These tiles provide improved endurance to the flooring when exposed to high traffic since they are constructed from finer, denser clay and are fired at extremely high temperatures. Additionally, impermeable porcelain tiles provide resistance to mold and germs, increasing its long-term value as a floor covering. Additionally, the product's chemical and stain resistance is anticipated to increase demand for the aforementioned tiles due to their expanding use in retail malls, hotels, institutional buildings, and other places. One of the most popular product categories is glazed ceramic tiles, which had demand of USD 97.48 billion in 2021 and are anticipated to grow at a CAGR of 5.8% from 2022 to 2030. Due to the inclusion of a protective glass covering, these tiles provide remarkable stain resistance. The protective layer on the glazed ceramic tiles also gives them a high level of water resistance, enhancing their usefulness in humid environments.
As a result, these tiles are being used more frequently in wet spaces like bathrooms, kitchens, and laundry rooms, which is anticipated to boost market growth over the course of the projected period. End-use Perspectives In 2021, the commercial end-use sector accounted for roughly 54% of total market revenue, dominating the market. Increasing demand for ceramic flooring that is both cost-effective and extremely durable is anticipated to fuel market expansion over the course of the forecast period. The creation of innovative materials and simple installation methods have significantly fueled the expansion of the commercial flooring sector. Due to the product's antibacterial, anti-slip, and water-resistant qualities, ceramic flooring is becoming a popular choice for institutions and other sectors, including the healthcare and healthcare industry.
Residential end-use demand, which was valued at USD 163.31 billion in 2021, is anticipated to grow at a CAGR of 7.5% between 2022 and 2030. Due to the anti-slip and scratch resistance the product offers, the expanding housing industry in emerging economies like India is anticipated to spur demand. The protective layer on the glazed ceramic tiles also gives them a high level of water resistance, enhancing their usefulness in humid environments. As a result, these tiles are being used more frequently in wet spaces like bathrooms, kitchens, and laundry rooms, which is anticipated to boost market growth over the course of the projected period. Regional Perspectives In 2021, Asia Pacific dominated the industry and generated around 46% of global revenue. High product demand from the residential and nonresidential building sectors in Asia Pacific's developing nations, particularly China and India, is anticipated to create market expansion prospects. Due to the region's growing population, fast urbanization, and rising per capita income, the construction industry is predicted to rise.
Because of the region's sustained economic growth, the expansion of the residential, commercial, and industrial sectors is anticipated to spur building activity, which will ultimately fuel product demand over the projected period. Because more homes and businesses are being built there, the ceramic tile market in North America is anticipated to grow at a significant CAGR of 56% over the projected period. Due to the region's accessibility to raw materials and sizable untapped market, several Italian tile manufacturers are also establishing their production facilities there. In North America, the demand for the product in residential and commercial replacement applications is anticipated to increase due to the need to upgrade current infrastructure. Commercial construction, which includes offices, hotels, and other lodging facilities, has demonstrated consistent increase in 2020, which is anticipated to support future product demand in the area. If you are looking forward to having a long-term profitable relationship in business, do not hesitate to contact us.