Global Eco-friendly Tiles Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
The Eco-friendly Tiles Market Report has been segmented on the basis of type, product, application, end user, and region.
Eco-friendly Tiles Market: Overview
The Eco-friendly Tiles Market was valued at $21.40 million in 2021 & is projected to reach $54.52 million by 2027. It is expected to grow at a 12.4% CAGR between 2021 and 2027.
Eco-friendly tiles are made up of using recyclable and environment-friendly materials such as stone, clay, etc. These tiles are widely used in various places such as restaurants, hotels, offices, and households.
Eco-friendly Tiles Market: Dynamics
Growing construction activities across the globe are a key factor projected to drive the growth of the global eco-friendly tiles market.
In addition, increasing remodeling or renovation activities coupled with increasing disposable income are some of the major factors expected to support the revenue growth of the global market.
Growing urbanization and industrialization in developed, as well as developing countries, are some additional factors anticipated to propel the target market growth globally.
In addition, improved standard of living and increasing population are some factors expected to fuel the demand for eco-friendly tiles globally.
Moreover, the availability of eco-friendly tiles in multiple colors and designs and customization services offered by manufacturers are some of the key factors projected to drive the growth of the global market.
However, the high cost of eco-friendly tiles is a major factor expected to hamper the growth of the global market to a significant extent.
Global Eco-friendly Tiles Market: Segmental Analysis
Among the type segments, the ceramic segment is expected to account for significant revenue shares of the global market, owing to various properties such as durability, resistance to water, low cost of maintenance, and availability in a variety of designs, colors, etc.
Among the product segments, the floor tiles segment accounts for substantial growth. This can be attributed to most of the area being occupied by a flat surface that needs to be covered with floor tiles.
Among the end user segments, the residential segment is anticipated to contribute significant shares of the global market, in terms of revenue, owing to the increasing number of renovation activities in the residential sector in order to add an aesthetic look to the home.
Eco-friendly Tiles Market: Regional Analysis
Asia Pacific eco-friendly tiles market is expected to register significant growth over the forecast period.
This is owing to increasing construction projects and a higher inclination towards modernizing the household coupled with increasing disposable income are some of the key factors projected to support the revenue growth of the target market in this region.
The European market for eco-friendly tiles is projected to contribute significant shares of the target market, owing to increasing remodeling and renovation activities.
Moreover, the strong presence of eco-friendly tiles manufacturers is another factor anticipated to propel the target market growth.
Eco-friendly Tiles Market Segmentation:
Segmentation by Type:
Segmentation by Product:
- Floor Tiles
- Wall Tiles
- Vitrified Tiles
- Industrial Tiles
Segmentation by End User:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Ann Sacks Tile & Stone Inc.
- Arizona Tile
- Bedrosians Tile & Stone
- Marazzi Group S.R.L
- Villagio Tile & Stone
- Dal-Tile Corporation
- Wausau Tile, Inc.
- Terra Green Ceramics Inc
- Crossville Inc.
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