The market for vitrified tiles is expected to reach US$ 10 billion by the end of 2033, growing at a CAGR of 2.5%. Silica, clay, feldspar, and quartz are combined to create vitrified tiles, which have outstanding weather and stain resistance, making them a popular option for outdoor flooring. Clay, quartz, feldspar, and silica are hydraulically pressed to create a vitreous surface that can be used for a variety of commercial purposes, including bathroom walls, kitchen flooring, and shops, enterprises, and restaurants. Their attractiveness is further increased by how simple they are to install, maintain, and clean.
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The market is being driven by a rise in demand for infrastructure upgrades for both homes and businesses. The demand for vitrified tiles is also constantly being stimulated by government programmes to encourage the tile sector. In a similar vein, industry growth is fueled by increased residential development demand. Additionally, more innovative printing and tile manufacturing equipment is anticipated to accelerate market expansion. On the other hand, the low rate of tile replacement and the impact of GST both directly affect market expansion.
Key Takeaways from Market Study
- In 2023, the market for vitrified tiles will be worth $7.7 billion worldwide.
- From 2023 to 2033, the demand for vitrified tiles is anticipated to grow at a CAGR of 2.5 percent.
- By the end of 2033, the global market is anticipated to reach US$ 10 billion.
- From 2023 to 2033, the Chinese market is expected to grow at a CAGR of 5%.
- Through 2033, the residential sector is expected to see sales of vitrified tiles increase at a 3% CAGR.
“Consumer awareness of the environment is affecting their purchasing decisions and fueling the need for eco-friendly flooring. To lower their carbon footprint and appeal to customers who care about the environment, manufacturers are implementing eco-friendly production techniques and employing recycled materials, according to a Fact.MR analyst.
Market Competition
Investments in the vitrified tiles market are focused on adopting new technologies, obtaining raw materials, effective procurement/inventory, strengthening product portfolios, and utilizing skills to maintain growth during difficult times. Significant players are extending their operations to improve their place in vitrified tiles and present the most recent vitrified goods.
- In June 2021, Crystal Ceramics Industries Private Limited, a subsidiary of Asian Granito, successfully expanded its vitrified tile manufacturing capacity at its Mehsana Plant by an additional 12,000 square meters per day, leading to a total capacity of 36,000 square meters/day. Key players in the vitrified tile industry are preparing to produce glazed vitrified tiles on a large scale, with dimensions of 600 mm x 1,200 mm. These strategic moves are expected to significantly drive market growth over the forecast period.
To captivate the attention of consumers, participants in the market continually introduce products that prioritize reduced environmental impact, increased durability, and enhanced aesthetics. To maintain a competitive edge, major industry players are diligently working towards achieving optimal operational efficiency, elevating product quality, increasing manufacturing output, and pursuing acquisitions of smaller players.
Companies within the industry place a significant emphasis on robust research and development (R&D) activities and investments in flooring products to uphold their competitive positions. Leading firms are bolstering both their market presence and product portfolios through the introduction of cutting-edge offerings like vitrified tiles.
For instance,
- Vitero Tiles embarked on a noteworthy venture in August 2020 with the launch of its Soir collection, a range of glazed vitrified tiles available in seven distinct colors. Drawing inspiration from the elegance of Italian and French marble, this new collection represents a strategic move by Vitero to expand its product lineup and reinforce its foothold in the market.
Key Companies Profiled
- Ricchetti Group
- Atlas Concorde S.P.A.
- Cerámica Saloni
- Florim Ceramiche S.p.A.
- Porcelanosa Group
- ABK Group
- Kajaria Ceramics Limited
- Lamosa Group
- Mohawk Industries, Inc.
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Country-wise Analysis
What Makes China a Lucrative Market for Vitrified Tile Producers?
The rapid growth of China’s construction industry is attributed to the country’s massive infrastructure improvement, residential construction, and business endeavors. Vitrified tiles are a popular option for flooring and wall cladding in a variety of building projects because of its dependability, visual appeal, and ease of maintenance.
Increased demand for residential and commercial space as a result of growing urbanization has increased the demand for high-quality flooring options like vitrified tiles. The real estate market’s expansion has further increased demand for these tiles, particularly in contemporary high-rise structures and housing complexes.
The enormous domestic market for vitrified tiles in China is fueled by the country’s growing middle class and big population. Premium and aesthetically pleasing flooring materials are in increased demand as a result of rising disposable incomes and shifting customer preferences.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global vitrified tiles market with historical demand data for 2018 to 2022 and forecast statistics for 2023 to 2033.
The study divulges essential insights into the market based on type (double charged, full body, soluble salt, glazed body), application (wall tiles, floor tiles), end use (residential, commercial, public infrastructure), and surface (glossy, matte, anti-skid), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
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