The Growing Appeal of Vitrified Tiles: A Shining Trend to Reach $757.0 Bn in the Global Market by 2030
Vitrified Tiles Market Expected to Reach $757.0 Billion by 2030
PORTLAND, OR, UNITED STATES, September 12, 2023/EINPresswire.com/ — The global market for vitrified tiles is on a steady rise, and this upward trajectory is expected to persist in the coming years. This surge is largely attributed to the rapid expansion of the construction sector, with a burgeoning demand for luxurious flooring and wall tiles being a primary driving force behind the vitrified tiles market‘s growth. Vitrified tiles have gained immense popularity due to their myriad of benefits, including their aesthetic appeal, ease of maintenance, cost-effectiveness, and impressive resistance to scratches, stains, moisture, and dust. The global vitrified tiles market size was valued at $448.6 billion in 2020, and is projected to reach $757.0 billion by 2030, registering a CAGR of 5.0% from 2021 to 2030.
Vitrified tiles have emerged as a compelling alternative to traditional choices like marble and granite for flooring and wall coverings. Notably, they have found favor as outdoor flooring solutions thanks to their remarkable water and stain resistance. These tiles are crafted from a blend of clay, quartz, feldspar, and silica, and are produced using hydraulic presses, resulting in a smooth and visually pleasing surface. The surging demand for both residential and non-residential constructions has had a profound impact on the vitrified tiles market, as these tiles become the preferred choice for adorning the interiors and exteriors of modern buildings. As the global economy continues to develop, along with rising incomes and urbanization, construction activity in various regions has witnessed an unprecedented surge.
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In the realm of residential construction, vitrified tiles have gained widespread adoption due to their impeccable finish and stylish appearance. Moreover, the vitrified tiles market is poised for further growth, driven by the increasing demand for moisture and dust-resistant features in both residential and commercial applications. Recognizing this demand, leading industry players have been actively engaged in the development of cutting-edge and aesthetically pleasing vitrified tiles tailored for these specific applications.
For example, in February 2021, Casalgrande Padana introduced the “Metropolis” series, a stunning collection of porcelain stoneware tiles. This new range offers an array of eight distinct colors, including almond, graphite, grey, mud, sand, silver, and white, along with various size options. The Metropolis series exemplifies the industry’s commitment to creating visually appealing and functional vitrified tiles that cater to evolving architectural and design trends.
The proliferation of vitrified tiles in construction and interior design projects is a testament to their versatility and the myriad benefits they offer. Not only do they provide a chic and contemporary aesthetic, but their resilience and resistance to common wear and tear make them an attractive choice for both builders and homeowners alike. With the global construction sector showing no signs of slowing down, the vitrified tiles market is poised to shine even brighter in the foreseeable future. As architectural designs continue to evolve and consumers seek both style and durability, vitrified tiles are set to play a pivotal role in shaping the interiors and exteriors of our modern world.
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Top Players Are:
Key companies profiled in the vitrified tiles market report include ABK Group, Altaeco S.p.A, Aparna Enterprises Ltd, Asian Granito India Limited, Casalgrande Padana spa, Ceramica Del Conca spa, Kajaria Ceramics Limited, Lamosa Group, Mohawk Industries, Inc., and SCG Ceramics.
Key Findings Of The Study
• The report provides an extensive analysis of the current and emerging vitrified tiles market trends and dynamics.
• Depending on type, glazed vitrified tiles segment dominated the vitrified tiles market, in terms of revenue in 2020.
• By application, the floor tiles registered highest revenue in 2020.
• Non-residential sector is projected to register highest growth rate in the coming years.
• The key players within the vitrified tiles market are profiled in this report, and their strategies are analyzed thoroughly, which help understand
competitive outlook of the vitrified tiles industry.
• The report provides an extensive analysis of the current trends and emerging opportunities of the market.
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David Correa
Allied Analytics LLP
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