According to the latest report by IMARC Group, titled, “GCC Ceramic Tiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The GCC ceramic tiles market size reached a value of US$ XX Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.
Ceramic tiles refer to thin square or rectangular slabs used in the construction industry as flooring solutions in houses, offices, factories, shops, restaurants, etc. They are made from a mixture of clay, silica, dolomite, quartz, etc., which is molded and then permanently hardened by heat. Ceramic tiles offer substantial resistance against high temperatures, frost, fire, UV rays, etc. They are also highly durable, aesthetically pleasing, environmentally friendly, and have anti-skid and antibacterial properties. Ceramic tiles are extensively utilized in interior decoration and in hotels, hospitals, pharmaceutical manufacturing facilities, laboratories, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
GCC Ceramic Tiles Market Trends:
The expanding construction industry is primarily driving the GCC ceramic tiles market. In line with this, the growing investments by public and private firms across the region in several infrastructural development projects, such as wellness centers, shopping malls, community centers, office spaces, etc., are further propelling the market growth. Additionally, the rising demand for raw materials that cater to modern architectural styles is acting as another significant growth-inducing factor. Apart from this, the escalating need for sustainable practices in the construction industry is positively influencing the market growth, since ceramic tiles are comprised of naturally occurring materials and are manufactured via a process with limited carbon emissions. Furthermore, numerous product innovations, such as the development of anti-scratch and extra-light variants, are anticipated to bolster the GCC ceramic tiles market in the coming years.
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GCC Ceramic Tiles Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on on type and application.
Breakup by Type:
- Floor Tiles
- Wall Tiles
Breakup by Application:
- Residential Applications
- Commercial Applications
- Replacement Applications
Breakup by Country:
- Saudi Arabia
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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