Market Overview:
The global vitrified decorative tile market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for vitrified decorative tiles from commercial and residential buildings, globally. Additionally, the growing construction industry in developing countries is also contributing to the growth of this market. On the basis of type, the global vitrified decorative tile market can be segmented into 400x400mm, 500x500mm, 600x600mm and 800x800mm segments. Among these segments, 400x400mm segment is expected to witness highest growth during the forecast period owing to its low cost and easy installation process as compared to other types of tiles. Based on application, commercial building segment is anticipated to hold a dominant position in terms of revenue contribution throughout the forecast period followed by residential building segment.
Product Definition:
Vitrified Decorative Tile is a type of tile that has been treated with a heat and pressure process to make it harder and more durable. This type of tile is often used in flooring or countertops, as it is resistant to staining, scratching, and fading.
400x400mm:
400x400mm is a popular size of vitrified decorative tile, which is used in flooring and wall tiles applications. It has the advantage of being available in a range of colors, shapes and designs making it suitable for use in both residential as well as commercial spaces. 400x400mm tiles are also relatively cost-effective than other larger format variants such as 600x600mm or 800x800 mm tiles making them more marketable to end-users.
500x500mm:
500x500mm is a popular size of vitrified decorative tile, which is used in flooring and wall tiles applications. 500x500mm size consists of 6 x 6 inches area, which provides ample space for printing or designing. The product can be produced with different colors and sizes making it suitable for various applications such as walls & floors. 500x500 mm ceramic tiles are also available with low porcelain slip, which makes them easy to install on the surface without any damage.
Application Insights:
The commercial building application segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to increasing construction activities in office buildings, retail stores and hotels at global level. In addition, rising demand from renovation projects is expected to drive the product demand over the forecast period.
Residential building application segment was estimated at USD 575 million in 2017 owing to high product cost and low production rate compared with other applications such as commercial buildings or industrial buildings. Vitrified decorative tiles are majorly used for flooring purposes in residential areas including living rooms, dining rooms and bedrooms among others. Increasing urbanization along with rising disposable income levels has been driving residential construction activities globally which should provide a positive scope for market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities in emerging economies, such as China and India. Rising population coupled with rapid urbanization has led to an increase in commercial building constructions, which is further anticipated to drive product demand.
The growing tourism sector has also resulted in increased spending by travelers from across the globe, thereby driving product demand for Vitrified Tiles Market in Europe and North America regions. Moreover, rising awareness regarding sustainable construction materials along with stringent government regulations are likely to have a positive impact on industry growth over the next eight years till 2030.
Growth Factors:
- Increasing demand from the construction industry for flooring and wall tiles
- Rising disposable income of consumers, which is resulting in an increase in demand for premium quality tiles
- Growing popularity of vitrified tiles among architects and interior designers
- Technological advancements that are making vitrified tiles more durable and resistant to scratches and stains
- Expansion of distribution channels, which is helping to reach a wider audience
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitrified Decorative Tile Market Research Report
By Type
400x400mm, 500x500mm, 600x600mm, 800x800mm
By Application
Commercial Building, Residential Building, Others
By Companies
Ceramica Carmelo Fior, Lamosa, Mohawk Industries, Ras Al Khaimah (RAK) Ceramics, Altaeco, PT Arwana Citramulia, Ascot Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Vitrified Decorative Tile Market Report Segments:
The global Vitrified Decorative Tile market is segmented on the basis of:
Types
400x400mm, 500x500mm, 600x600mm, 800x800mm
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Building, Residential Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ceramica Carmelo Fior
- Lamosa
- Mohawk Industries
- Ras Al Khaimah (RAK) Ceramics
- Altaeco
- PT Arwana Citramulia
- Ascot Group
Highlights of The Vitrified Decorative Tile Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 400x400mm
- 500x500mm
- 600x600mm
- 800x800mm
- By Application:
- Commercial Building
- Residential Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vitrified Decorative Tile Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vitrified decorative tile is a type of ceramic tile that has been fired at extremely high temperatures, which causes the clay to transform into a glass-like material. This makes the tiles very durable and resistant to stains and scratches.
Some of the key players operating in the vitrified decorative tile market are Ceramica Carmelo Fior, Lamosa, Mohawk Industries, Ras Al Khaimah (RAK) Ceramics, Altaeco, PT Arwana Citramulia, Ascot Group.
The vitrified decorative tile market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vitrified Decorative Tile Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vitrified Decorative Tile Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vitrified Decorative Tile Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vitrified Decorative Tile Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vitrified Decorative Tile Market Size & Forecast, 2018-2028
4.5.1 Vitrified Decorative Tile Market Size and Y-o-Y Growth
4.5.2 Vitrified Decorative Tile Market Absolute $ Opportunity
Chapter 5 Global Vitrified Decorative Tile Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vitrified Decorative Tile Market Size Forecast by Type
5.2.1 400x400mm
5.2.2 500x500mm
5.2.3 600x600mm
5.2.4 800x800mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vitrified Decorative Tile Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vitrified Decorative Tile Market Size Forecast by Applications
6.2.1 Commercial Building
6.2.2 Residential Building
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitrified Decorative Tile Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vitrified Decorative Tile Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vitrified Decorative Tile Analysis and Forecast
9.1 Introduction
9.2 North America Vitrified Decorative Tile Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vitrified Decorative Tile Market Size Forecast by Type
9.6.1 400x400mm
9.6.2 500x500mm
9.6.3 600x600mm
9.6.4 800x800mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vitrified Decorative Tile Market Size Forecast by Applications
9.10.1 Commercial Building
9.10.2 Residential Building
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vitrified Decorative Tile Analysis and Forecast
10.1 Introduction
10.2 Europe Vitrified Decorative Tile Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vitrified Decorative Tile Market Size Forecast by Type
10.6.1 400x400mm
10.6.2 500x500mm
10.6.3 600x600mm
10.6.4 800x800mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vitrified Decorative Tile Market Size Forecast by Applications
10.10.1 Commercial Building
10.10.2 Residential Building
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vitrified Decorative Tile Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vitrified Decorative Tile Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vitrified Decorative Tile Market Size Forecast by Type
11.6.1 400x400mm
11.6.2 500x500mm
11.6.3 600x600mm
11.6.4 800x800mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vitrified Decorative Tile Market Size Forecast by Applications
11.10.1 Commercial Building
11.10.2 Residential Building
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vitrified Decorative Tile Analysis and Forecast
12.1 Introduction
12.2 Latin America Vitrified Decorative Tile Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vitrified Decorative Tile Market Size Forecast by Type
12.6.1 400x400mm
12.6.2 500x500mm
12.6.3 600x600mm
12.6.4 800x800mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vitrified Decorative Tile Market Size Forecast by Applications
12.10.1 Commercial Building
12.10.2 Residential Building
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vitrified Decorative Tile Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vitrified Decorative Tile Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vitrified Decorative Tile Market Size Forecast by Type
13.6.1 400x400mm
13.6.2 500x500mm
13.6.3 600x600mm
13.6.4 800x800mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vitrified Decorative Tile Market Size Forecast by Applications
13.10.1 Commercial Building
13.10.2 Residential Building
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vitrified Decorative Tile Market: Competitive Dashboard
14.2 Global Vitrified Decorative Tile Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ceramica Carmelo Fior
14.3.2 Lamosa
14.3.3 Mohawk Industries
14.3.4 Ras Al Khaimah (RAK) Ceramics
14.3.5 Altaeco
14.3.6 PT Arwana Citramulia
14.3.7 Ascot Group
