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The ceramic tiles market share in Israel is expected to increase by USD 308.13 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.57%.
This ceramic tiles market in Israel research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers ceramic tiles market segmentation in Israel by type (ceramic wall tiles, ceramic floor tiles, and others) and end-user (residential and commercial). The ceramic tiles market in Israel report also offers information on several market vendors, including Al Anwar Ceramic Tile Co. SAOG, Caesarstone Ltd., Ceramic Depot Ltd., Fea Ceramics, Jerusalem Pottery, Milestone Marble and Granite Ltd., Mohawk Industries Inc., Skytouch Ceramic Pvt. Ltd., and The Armenian Ceramics Balian among others.
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The increased government's focus to expand residential construction is notably driving the ceramic tiles market growth in Israel, although factors such as stringent environmental regulations may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ceramic tiles industry in Israel. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Ceramic Tiles Market Driver in Israel
One of the key factors driving growth in the ceramic tiles market is the increased government's focus to expand residential construction. The Israeli government's Design and Build initiative supports the large-scale development of residential areas. By using advanced construction techniques in major residential projects, this initiative aims to reduce construction time and costs. As demand for housing continues to outpace supply, the Israeli government aims to dramatically increase construction and broaden a discount scheme aimed at curbing fast-growing house costs. Israel plans to begin constructing 280,000 housing units by 2025, or 70,000 on average per year, according to a joint plan by the finance, interior, construction, and housing ministries. In the past ten years, that figure was closer to 55,000 per year. Large-scale residential projects can now be built by foreign construction firms, which contribute to an expansion of construction activity and a rise in productivity in the residential construction sector. Thus, the government's focus to expand residential construction will drive the growth of the ceramic tiles market in Israel during the forecast period.
Key Ceramic Tiles Market Trend in Israel
The rising demand for digitally printed ceramic tiles is a ceramic tiles market trend that is expected to have a positive impact in the coming years. Digitally printed ceramic tiles are a current trend in the market. Due to their intricate designs, which assist to improve the aesthetic appeal, consumers choose digitally printed tiles. Digitally printed tiles are becoming more and more popular as a result of rising consumer spending and the demand for innovative interior design. Ceramic tiles are made using different materials, including chemical additives and minerals such as quartz, kaolinite, talc, and zirconium silicate. With the increasing competition in the tiles market, vendors are producing new designs to improve their market shares through product differentiation. The demand for 3D tiles is increasing because they offer sophisticated designs and textures in the interiors and exterior surfaces. Multi-faceted patterns, geometric designs, graceful undulations, and sinuous forms make 3D ceramic tiles appealing. Thus, the rising demand for digitally printed ceramic tiles will increase the growth of the ceramic tiles market in Israel.
Key Ceramic Tiles Market Challenge in Israel
The stringent environmental regulations will be a major challenge for the ceramic tiles market during the forecast period. Concerns about the environmental impacts caused by ceramic tile manufacturing are among the significant challenges that are adversely influencing the ceramic tiles market in Israel. One of the major sources of air pollution is ceramic tile manufacturing. During ceramic tile manufacturing, harmful pollutants are emitted, including suspended dust particles, smoke, unburned fuel particles, aerosol particles, and paint and glaze spray particles. The price of producing these tiles has increased due to laws governing the use of raw materials, post-industrial recycling, the use of anti-pollution manufacturing tools, and the development of technologies to reduce harmful emissions. Consequently, it is anticipated that increased government regulations will limit the expansion of the market in focus.
This ceramic tiles market in Israel analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the ceramic tiles market in Israel during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the ceramic tiles market in Israel encompasses successful business strategies deployed by the key vendors. The ceramic tiles market in Israel is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The ceramic tiles market in Israel forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the ceramic tiles market in Israel, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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The ceramic tiles market share growth in Israel by the ceramic wall tiles segment will be significant during the forecast period. There is a vast range of tiles available with different designs, colours, and finishes. In addition, rising consumer preferences for personalized tiles using three-dimensional (3D) printing techniques are expected to create new growth opportunities in the ceramic tiles market in Israel during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the ceramic tiles market size in Israel and actionable market insights on post COVID-19 impact on each segment.
Ceramic Tiles Market Scope in Israel |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.57% |
Market growth 2022-2026 |
$ 308.13 million |
Market structure |
Concentrated |
YoY growth (%) |
7.3 |
Regional analysis |
Israel |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Al Anwar Ceramic Tile Co. SAOG, Caesarstone Ltd., Ceramic Depot Ltd., Fea Ceramics, Jerusalem Pottery, Milestone Marble and Granite Ltd., Mohawk Industries Inc., Skytouch Ceramic Pvt. Ltd., and The Armenian Ceramics Balian |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Market Segmentation by End-user
7 Customer Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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