rising construction business in Asia Pacific has led to an exponential demand
for ceramic tiles. The commercial construction growing business in Latin
America will boost the market size growth in the coming years.
in European countries are spending massively to increase wall and floor
appearance which will be a prime factor fueling product demand.
Pacific accounted for the largest ceramic tiles market share, either in terms
of volume and value. Ceramic tiles in Asia Pacific are supplied through
distribution modes such as wholesale and online portals respectively.
East and Africa is likely to be the fastest growing region in global ceramic
tiles business. It can be attributed to the rapidly growing construction
business in Saudi Arabia, Qatar, Kuwait and UAE. In addition, Egypt is emerging
as a centre for
foreign direct investments and shall promise a bright future for product demand
over the forecast duration. Saudi Arabia, as per World Bank reports has capital
projects worth close to USD 1.2 trillion in pre-execution stage, as compared to
USD 713 billion in UAE, USD 578 billion in Egypt and USD 215 billion in Kuwait.
These figures show of an impressive growth for ceramic tiles industry in near