According to the business intelligence report titled ‘Global Ceramic Tiles Market (Value, Volume) - Analysis By Product, Application, End-User, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)’, available with MarketStudyReport, global ceramic tiles market which accrued USD 240.21 billion in 2021, is anticipated to witness decent growth during the forecast timeframe and subsequently amass a modest valuation by the end of 2027.

Credible analysts cite that amplified construction spending and rising emphasis on stable housing facilities, particularly in developing economies are the prominent factors propelling global ceramic tiles market growth.

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Besides, a rise in disposable income supplementing rapid urbanization as well as surging investment in infrastructure development are estimated to accelerate the progress of the business sphere.

Also, application of the product in commercial and residential sectors is likely to create remunerative opportunities for the businesses in this domain through the projected timeline.

During the COVID-19 pandemic, stringent lockdown restrictions severely hampered the production of ceramic tiles in numerous countries North America and Latin America such as Brazil, United States, and Canada, wherein several residential and commercial projects were suspended for a long period to mitigate the spread of the virus. However, the post-pandemic era is estimated to build momentum in the industry.

Speaking of segmentation, worldwide ceramic tiles market landscape is bifurcated in terms of product, application, and end-user. In terms of product, the porcelain segment is likely to account for a substantial share in the overall market during the forecast timeframe, ascribed to the durable nature of porcelain, coupled with rapid adoption of the product in places such as parks, hotels, institutional buildings, and shopping malls, among others.

Considering application scope, the floor tiles segment is anticipated to account for an impressive market share during 2022-2027, attributable to increasing incorporation of ceramic tiles in flooring as these tiles boast of a protective glazed layer that prevents water damage and stain penetration.

Based on end user, the residential segment is anticipated to hold a massive market share during the study period, owing to increasing preference with affordability of ceramic tiles.

From a regional frame of reference, Asia Pacific market is poised to witness tremendous growth through the assessment timeframe, given the surge in construction demand in emerging economies like India and China. 

As far as the competitive framework of global ceramic tiles industry is concerned, established companies profiled are Pamesa Ceramica, Saudi Ceramic Company, Kajaria Ceramics Ltd., RAK Ceramics P.J.S.C., Grupo Lamosa SAB de C.V., Mohawk Industries Inc., STN Ceramica, Siam Cement Public Company Ltd., and Grupo Cedesa among others.