Market Size of Decorative Tiles Industry
Study Period | 2019 - 2028 |
Base Year For Estimation | 2021 |
CAGR | 4.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Decorative Tiles Market Analysis
The decorative tiles market is expected to grow witness strong growth, owing to factors such as increasing building construction spending and rising interest in bathroom and kitchen renovation projects, worldwide. Furthermore, the rise in urbanization and an increase in the development of commercial infrastructure are some of the other factors fuelling the demand for decorative tiles.
Globally, there is an increase in the investments in infrastructure development in developed as well as developing countries which is another factor driving the global decorative tiles market.
The growing popularity of 3D-printed tiles is one of the major trends being witnessed currently in the decorative tiles market. As decorative tiles are traditionally made from a mixture of clay, sand, and other materials. and 3D tile printing is a technique causing less pollution, it is gaining immense popularity. With the use of 3D printing, tile companies can introduce elegant facets and design textures into their product.
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.