Decorative Tiles Market Size
| Study Period | 2020 - 2029 |
| Market Size (2024) | USD 33.74 Billion |
| Market Size (2029) | USD 42.39 Billion |
| CAGR (2024 - 2029) | 4.67 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Decorative Tiles Market Analysis
The Decorative Tiles Market size is estimated at USD 33.74 billion in 2024, and is expected to reach USD 42.39 billion by 2029, growing at a CAGR of 4.67% during the forecast period (2024-2029).
The decorative tiles market is expected to grow strongly, owing to increasing building construction spending and rising interest in bathroom and kitchen renovation projects worldwide. The rise in urbanization and increased commercial infrastructure development are other factors fuelling the demand for decorative tiles. Globally, there is an increase in investments in infrastructure development in developed and developing countries, which is another factor driving the global decorative tiles market.
One of the main trends in the decorative tile market is the rising popularity of 3D-printed tiles. Since clay, sand, and other materials are typically used to make decorative tiles. A method that produces less pollution is 3D tile printing, which is rapidly gaining traction. Tile manufacturers may add exquisite facets and design textures to their products using 3D printing. The rising demand for decorative tiles, owing to their stain and scratch resistance and ability to mimic the appearance of more expensive natural stone and hardwood tiles, is another factor that is anticipated to boost the adoption of these tiles in the next few years.
Decorative Tiles Market Trends
The Residential Segment is Likely to Dominate the Decorative Tiles Market
The market share of decorative tiles held by the residential category was the highest the year before. Decorative tiles are growing in popularity in the residential market, partly because of increased private and residential construction activity brought on by customers' increasing disposable income. Construction activity is growing rapidly at a worldwide level, and there is an increase in the growth of housing units, which is likely to propel the growth of decorative tiles further in the anticipated period. Decorative tiles made from porcelain, marble, and stones are designed specifically for construction type and theme. They enhance the aesthetic appeal of walls and floors and increase the value of the construction sector.
Rise in Decorative Tiles Market in Asia-Pacific
The decorative tiles market in the Asia-Pacific region is experiencing substantial growth and is expected to continue expanding in the coming years. Rapid urbanization, advantageous economic conditions, and rising disposable income levels have been observed throughout the Asia-Pacific region, including nations like China, India, Japan, South Korea, and Southeast Asian states. These factors have contributed to the rise in demand for decorative tiles in the region. Decorative tiles are becoming more common in residential and commercial settings due to shifting customer preferences and an increased focus on interior design. Consumers are increasingly looking for aesthetically appealing and customized options to enhance the visual appeal of their living and working spaces. Decorative tiles are now more widely available and affordable in the Asia-Pacific region due to the region's vast population base and growing middle class. The expansion of e-commerce platforms has also assisted in the growth of the market by making it simpler for customers to explore and buy a wide selection of decorative tiles online.
Decorative Tiles Industry Overview
The decorative tiles market is highly fragmented, with several companies competing against one another. Several key players engage in the development of innovative products to expand their product portfolios. Leading worldwide producers include RAK Ceramics, Group Lamosa, Mohawk Industries, Johnson Tiles, and Kajaria Ceramics.
Decorative Tiles Market Leaders
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RAK Ceramics
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Group Lamosa
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Mohawk Industries
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Johnson tiles
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Kajaria Ceramics
*Disclaimer: Major Players sorted in no particular order
Decorative Tiles Market News
- In February 2024: The Royal Challengers Bangalore (RCB) Women's Team and Kajaria Tiles, the nation's largest producer of vitrified and ceramic tiles, expanded their partnership.
- In May 2023: CTD Architectural Tiles, a Leading commercial tile supplier, strengthened its partnership with Mosa Design Studio in Clerkenwell, London.
Decorative Tiles Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Demand for Personalized and Aesthetically Pleasing Interior Design Solutions
4.3 Market Restraints
4.3.1 Cost Associated with Decorative Tiles
4.3.2 Durability and Maintenance of Decorative Tiles can be a Concern for Some Consumers
4.4 Market Opportunities
4.4.1 In the Commercial Sector, Businesses can Target Hotels, Restaurants, and Other Commercial Spaces
4.5 Industry Value Chain Analysis
4.6 Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights into the Key Trends in the Decorative Tiles Industry
4.8 Insights into the Recent Developments and Technological Innovations in the Industry
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Ceramic Wall Tiles
5.1.2 Vinyl Wall Tiles
5.1.3 Stone Wall Tiles
5.1.4 Other Types
5.2 By End User
5.2.1 Residential
5.2.2 Commercial
5.3 By Application
5.3.1 Flooring
5.3.2 Wall Coverings
5.3.3 Other Applications
5.4 Distribution Channel
5.4.1 Home Centers
5.4.2 Flagship Stores
5.4.3 Specialty Stores
5.4.4 Online Stores
5.4.5 Other Distribution Channels
5.5 By Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Rest of North America
5.5.2 Asia-Pacific
5.5.2.1 Japan
5.5.2.2 China
5.5.2.3 Rest of Asia-Pacific
5.5.3 Europe
5.5.3.1 United Kingdom
5.5.3.2 Germany
5.5.3.3 Rest of Europe
5.5.4 Latin America
5.5.4.1 Brazil
5.5.4.2 Peru
5.5.4.3 Rest of Latin America
5.5.5 Middle East & Africa
5.5.5.1 Saudi Arabia
5.5.5.2 United Arab Emirates
5.5.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration
6.2 Company Profiles
6.2.1 RAK Ceramics
6.2.2 Group Lamosa
6.2.3 Mohawk Industries Inc.
6.2.4 Johnson tiles
6.2.5 Kajaria Ceramics Limited
6.2.6 The Siam Cement Public Company Limited
6.2.7 Roca Sanitario SA
6.2.8 Panariagroup Industrie Ceramiche SpA
6.2.9 Gruppo Concorde SpA
6.2.10 Pamesa Ceramica SL
6.2.11 Guangdong Dongpeng Ceramic Co. Ltd
6.2.12 Emser Tile LLC
6.2.13 Seneca Tiles
6.2.14 Porcelanosa Grupo
6.2.15 British Ceramic Tile
6.2.16 China Ceramics Co. Ltd*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. ABOUT US
Decorative Tiles Industry Segmentation
Decorative tiles are square, flat pieces of covered surfaces such as walls or floors that are made of baked clay, carpet, cork, or another material. A complete background analysis of the market studied, comprising an evaluation of the parental market, new trends by market categories and localities, notable modifications in the market dynamics, and market overview, is covered in the report. Along with qualitative and quantitative evaluation, the research also includes market participant and industry analyst data analysis across critical industry value chain points. The decorative tiles market is segmented by type, including ceramic wall tiles, vinyl wall tiles, stone wall tiles, and others; by end users, including residential and commercial; by application, including flooring, wall coverings, and other applications; by distribution channel, the market is further segmented into home centers, flagship stores, specialty stores, online stores, and other distribution channels; and by geography, including North America, Europe, Asia-Pacific, South America, and the Middle East. The report offers market size and forecasts for the decorative tiles market regarding revenue (USD) for all the above segments.
| By Type | |
| Ceramic Wall Tiles | |
| Vinyl Wall Tiles | |
| Stone Wall Tiles | |
| Other Types |
| By End User | |
| Residential | |
| Commercial |
| By Application | |
| Flooring | |
| Wall Coverings | |
| Other Applications |
| Distribution Channel | |
| Home Centers | |
| Flagship Stores | |
| Specialty Stores | |
| Online Stores | |
| Other Distribution Channels |
| By Geography | |||||
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Decorative Tiles Market Research FAQs
How big is the Decorative Tiles Market?
The Decorative Tiles Market size is expected to reach USD 33.74 billion in 2024 and grow at a CAGR of 4.67% to reach USD 42.39 billion by 2029.
What is the current Decorative Tiles Market size?
In 2024, the Decorative Tiles Market size is expected to reach USD 33.74 billion.
Who are the key players in Decorative Tiles Market?
RAK Ceramics, Group Lamosa, Mohawk Industries, Johnson tiles and Kajaria Ceramics are the major companies operating in the Decorative Tiles Market.
Which is the fastest growing region in Decorative Tiles Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Decorative Tiles Market?
In 2024, the Europe accounts for the largest market share in Decorative Tiles Market.
What years does this Decorative Tiles Market cover, and what was the market size in 2023?
In 2023, the Decorative Tiles Market size was estimated at USD 32.16 billion. The report covers the Decorative Tiles Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Decorative Tiles Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Decorative Tiles Industry Report
Statistics for the 2024 Decorative Tiles market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Decorative Tiles analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
