Segments - Ceramic and Natural Stone Tiles Market by Type (Glazed ceramic tiles, Porcelain tiles, Scratch-free Ceramic Tiles, Granite, Limestone, Travertine, and Others), Distribution Channel (Online and Offline), Application (Recreational Area Flooring, Residential Wall Cladding, Commercial Buildings Flooring, Residential Flooring, Commercial Buildings Wall Cladding, and Recreational Area Wall Cladding), End-use (Commercial, Residential, and Recreational), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global ceramic and natural stone tiles market size was USD 402.6 Billion in 2022 and is likely to reach USD 657.31 Billion by 2031, expanding at a CAGR of 5.6% during 2023–2031. The market growth is attributed to the growing demand for cost-effective and premium tiles for residential and commercial projects.
Rising construction and redevelopment activities across the globe drive the market. The growing number of residential infrastructures creates favorable opportunities for the market, as homeowners prefer highly durable, low-maintenance, and water-resistant flooring for their houses. Ceramic and natural stone tiles offer various benefits to homeowners and commercial space owners such as an appealing look, durability, cost-effectiveness, and increasing home or residential value by providing an attractive look.
The COVID-19 pandemic hampered the global ceramic and natural stone tiles market. During the pandemic, construction activities were either on hold or postponed as governments across the globe imposed strict regulations on travel and import & export activities. Major construction companies had to put many projects on hold due to a lack of factory workers and on-site workers. This, as a result, decreased the usage and overall demand for ceramic and natural stone tiles.
Rising demand for high-quality and durable materials for construction activities drives the market. Ceramic tiles are gaining popularity in the construction industry, especially for recreational activities, as these are durable and low in cost. Homeowners are increasingly preferring ceramic tiles, as they are easy to clean and versatile. Moreover, construction companies prefer ceramic tiles for commercial construction, as they offer aesthetic appeal with comparatively lesser investment than the other ones.
High initial costs associated with natural stone tiles hamper the global market. Natural stone tiles are more expensive than other traditional ones, as they offer long-term value and timeless appeal. These tiles are not only expensive but high maintenance as well, which can affect the demand for these tiles as homeowners usually prefer low-cost and versatile tiles. Natural stone tiles require sealing upon installation and resealing against the stains. As the cost of sealing and resealing is high, customers tend not to prefer these types of tiles, resulting in affecting the global market growth.
Rising industrialization in emerging countries creates favorable opportunities in the market. The demand for ceramic and natural tile stones is rapidly increasing in countries such as India, China, Korea, and Japan for residential and commercial construction activities. Home and commercial space owners prefer ceramic and natural stone tiles as decorative flooring options with various dimensions and colors to improve the overall building aesthetics. Increasing preference for these tiles for recreational activities is expected to create new opportunities in the market during the projection period.
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Ceramic and Natural Stone Tiles Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2020–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Type (Glazed ceramic tiles, Porcelain tiles, Scratch-free Ceramic Tiles, Granite, Limestone, Travertine, and Others), Distribution Channel (Online and Offline), and Application (Recreational Area Flooring, Residential Wall Cladding, Commercial Buildings Flooring, Residential Flooring, Commercial Buildings Wall Cladding, and Recreational Area Wall Cladding) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
Atlas Concorde; Crossville Inc.; Grupo Cedasa; Kajaria Ceramics Limited; MOHAWK INDUSTRIES, INC.; PORCELANOSA Grupo A.I.E.; PAMESA CERAMICA; RAK CERAMICS; and SCG CERAMICS PUBLIC COMPANY LIMITED |
Based on type, the ceramic and natural stone tiles market is divided into glazed ceramic tiles, porcelain tiles, scratch-free ceramic tiles, granite, limestone, travertine, and others. The porcelain tiles segment dominates the market owing to the increasing preference for these are dense and durable. Porcelain tiles are made using special clay and these tiles are fired at a high temperature, which makes them super hardwearing. Porcelain tiles are usually used in places with high footfall such as malls, museums, theatres, and others, as these are denser than other tiles, which makes them less porous. Moreover, construction companies are heavily using these tiles in commercial and residential spaces, as they are resistant to scratches, and scuffs, and offer a premium look.
On the basis of distribution channel, the global market is segregated into offline and online. The offline segment holds a major share of the market, as people prefer to purchase these tiles in the company outlets or tiles shops to check the quality of tiles. In offline shops, customers are able to check the final look of tiles on walls, kitchens, and tabletops, and with the availability of a variety of products in company outlets, they can choose colors and patterns as per their choice.
In terms of application, the ceramic and natural stone tiles market is segmented into recreational area flooring, residential wall cladding, commercial buildings flooring, residential flooring, commercial buildings wall cladding, and recreational area wall cladding. The residential flooring segment is expected to register a robust growth rate during the forecast period, as the demand for ceramic and natural stone tiles is increasing owing to rising consumer spending on premium and durable tiles.
Ceramic tiles are highly preferred for residential floors, as they are cost-effective and offer aesthetic appeal. Contrary, natural stone tiles are highly preferred in heavy footfall, as they offer a timeless, unique appearance, and durability.
Based on region, the global ceramic and natural stone tiles market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific dominates the global market owing to the rapidly growing construction activities in the region. In developing countries such as China and India, redevelopment activities are rapidly increasing, creating lucrative opportunities for the market. Rising disposable income in the region leads to people spending on home interiors such as expensive floor and wall tiles.
Growing demand for natural stone tiles for government and private commercial constructions is boosting the market. Commercial builders are inclined toward using premium and durable tiles for places such as malls, hotels, and retail outlets as these tiles are hard-wearing. Moreover, the demand for ceramic tiles is rapidly increasing in the region owing to the low cost and easy availability of these tiles in up-to-date and intricate designs.
The Ceramic and Natural Stone Tiles Market has been segmented on the basis of
Key players competing in the global ceramic and natural stone tiles market are Atlas Concorde; Crossville Inc.; Grupo Cedasa; Kajaria Ceramics Limited; MOHAWK INDUSTRIES, INC.; PORCELANOSA Grupo A.I.E.; PAMESA CERAMICA; RAK CERAMICS; and SCG CERAMICS PUBLIC COMPANY LIMITED.
These companies adopt development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. For instance,
In June 2023, Crossville, Inc. launched its Sahara Noir porcelain tile panel, which is inspired by Tunisian Black Marble, found on the cusp of the Sahara itself. These unique panels are crafted to replicate the characteristic rich black of the base and the distinctively striking white veining and bright orange of the appearance.