Report ID: SQMIG15F2086
Report ID:
SQMIG15F2086 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|
Tables:
89 |
Figures:
76
Ceramic Tiles Market size was valued at USD 263.52 Billion in 2023 and is poised to grow from USD 282.86 Billion in 2024 to USD 498.5 Billion by 2032, growing at a CAGR of 7.34% during the forecast period (2025-2032).
High investments in infrastructure development around the world and growing construction activity are projected to primarily augment the demand for ceramic tiles over the coming years. Growing disposable income of people and changing consumer preferences also play a crucial role in determining sales of ceramic tiles going forward. An increasing number of people opting for home remodeling and rapidly rising urbanization are also slated to act in favor of ceramic tile companies in the future. Advancements in digital tile printing technologies are also expected to create new opportunities for ceramic tiles market players in the long run. However, fluctuations in raw material pricing and intense competition are slated to be key restraints for ceramic tile companies across the study period.
US Ceramic Tiles Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15F2086