Southeast Asia Ceramic Tiles Market Share, Size & Competitive Analysis 2030
Future Southeast Asia Ceramic Tiles Market: Key Dynamics, Size & Share Analysis
The market size of the Southeast Asia Ceramic Tiles industry size is valued at around USD 11.5 billion in 2024 and is is estimated to grow at a CAGR of around 7.58% during the forecast period, i.e., 2024-2030. The rapid growth of the travel and tourism industry and rising infrastructure developments across the region contributed to this growth.
Top Challenges Impacting the Southeast Asia Ceramic Tiles Market Growth
Competition From Alternative Flooring Options Such as Luxury Vinyl And Engineered Hardwood: Luxury vinyl tiles are more budget-friendly as compared to ceramic tiles and the installation process of ceramic tiles can be more labor-intensive and time-consuming, involving grouting and sealing. These engineered hardwoods offer a wide range of design options that mimic the appearance of several natural materials, including wood and stone. This gives consumers more choices in terms of aesthetics, which can affect the demand for traditional ceramic tiles that have a limited range of designs. Furthermore, in recent years consumers have become increasingly concerned about the environmental impact of their choices. Engineered hardwood is considered more sustainable than traditional hardwood flooring.
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Understanding the Core Segments in the Southeast Asia Ceramic Tiles Market
Southeast Asia Ceramic Tiles Market Size, Share & Industry Trends Analysis- By Type (Glazed, Unglazed, Others (Semi-Glazed and Scratch-Free Tiles)), By Application Area (Floor Tiles, Wall Tiles, Others (Ceilings & Decoration)), By Distribution Channel (Direct Sales, Dealers and Distributors), By Demand Type (New Construction, Renovation and Replacement), By End User (Residential, Commercial & Retail, Hospitality, Government & Transportation, Others (Industrial, etc.)), and Others
Geographical Analysis of the Southeast Asia Ceramic Tiles Market
- Indonesia
- Vietnam
- Malaysia
- Singapore
- Thailand
- The Philippines
- Rest of Southeast Asia
Indonesia is likely to hold a major share of the market during the forecast period owing to infrastructure development, the expansion of the real estate sector, and increased public and private investments.
Who Dominates the Southeast Asia Ceramic Tiles Market Insights on Key Industry Players?
Companies are strengthening their presence in the Southeast Asia Ceramic Tiles market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Mohawk Industries, Inc.
- SCG Ceramics
- Jaquar Ceramics
- RAK Ceramics
- ATLAS CONCORDE S.P.A.
- Cerámica Saloni
- Newpearl Group
- Ricchetti Group
- Porcelanosa Grupo
- Platinum Ceramics Industry
- Others
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