PUNE, India, September 01, 2022 (GLOBE NEWSWIRE) — Loud Fortune Business Insights™The globe Ceramic tile market size was $50.84 billion in 2020. The market is expected to keep growing $54.41 billion in 2021 to $77.82 billion in 2028 at a CAGR of 5.2% in the period 2021-2028.

According to our analysts, the growth of the market will be fueled by the increase in construction projects coupled with the rising investments by nations for infrastructure development. Properties such as high robustness, water resistance, tear resistance and aesthetically pleasing properties increase product demand.

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competitive landscape

Acquisitions initiated by critical businesses to drive market growth

The leading market players are continuously adopting efficient strategies to improve their brand equity and promote the global market growth of the product with the least possible obstacles. One such effective strategy is to acquire competitive companies and further secure profit for both companies.

List of Major players covered in Ceramic Tile industry report

• MOHAWK INDUSTRIES INC. (UNITED STATES)
• SCG CERAMICS (Thailand)
• Grupo Lamosa (Mexico)
• Grupo Cedasa (Brazil)
• RAK CERAMIC (UAE)
• Cerâmica Carmelo Fior (Brazil)
• PAMESA CERÁMICA SL (Spain)
• Kajaria Ceramics Limited (India)
• STN Ceramica (Spain)
• Dynasty Ceramic Public Company Limited (Thailand)
• Cersanit Group (Poland)
• Somany Ceramics (India)
• PT Arwana Citramulia Tbk (Indonesia)
• Viromex USA, Inc. (USA)
• Kale group (India)
• LASSELSBERGER Group (Austria)
• Elizabeth Group (USA)
• Grupo Celima Trebol (Peru)
• White Horse pottery (Malaysia)
• Ceramic Industries Group (South Africa)

Scope and segmentation of the report: