Brooklyn-based management consultant firm Imarc Group has produced a detailed report on the burgeoning ceramic tile market.
Using 2024 as its base year, the report analyses market trends from 2019 to 2024, and forecasts growth from 2025 to 2033. The report gives the global market size as USD 89.2 Billion in 2024. The projected growth at CAGR 5% would take this to a staggering USD 138.4 Billion by 2033.
What is most interesting about the report is its clear identification of the drivers behind the market growth. A significant factor is the construction boom in developing countries such as China, India and Brazil. In these nations, increasing urbanisation and a growing demand fuelled by increased levels of disposable income are driving the growth of the industry. China has the largest global market share, where infrastructure and housing projects, often supported by government initiatives, are feeding the spiralling demand for tiles across the nation’s cities.
The report also highlights the technological innovations in areas such as digital tile printing. These new technologies provide sustainable, cost-effective ways of producing tiles that are durable, practical, and do not compromise on aesthetic and artistic quality. This increased availability of eco-friendly, custom ceramic tiles, produced quickly and to the highest standards, is clearly a key market driver.
At Digital Ceramic Custom Tiles, we work closely with designers to produce quality tiles using advanced printing technologies. If you are involved in a construction project which includes a tiling element, contact us today and let’s talk about how our products may help you realise your vision.
Talk to us today and find out how we can transform a project of any scale into an exciting visual experience.
