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The GCC Countries Ceramic Tiles Market size is forecast to increase by USD 2.43 billion, at a CAGR of 6.8% between 2023 and 2028. The growth rate of the market depends on several factors, including the expanding construction sector, the rise in the number of high-net-worth individuals, and the rising imports.
This material are made up of sand, clay, alumina, silicon carbide, inorganic, and non-metallic materials by application of intense heat and pressure. This makes the tiles hard and stiff for flooring, walls, ceilings, countertops, and roof use. These are sometimes glazed or non-glazed, while there are many designs available that are used by homeowners for their flooring and other uses.
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One of the key factors driving the market is the expanding construction sector. The construction industry in the region is rapidly growing, driven mostly by government-backed investments. In addition, oil-based economies are quickly diversifying their economies to minimize their reliance on oil. Furthermore, the market is particularly volatile due to fluctuations in oil prices.
Moreover, with increased investment in construction, various other businesses, such as banking, hospitality, and tourism, are also thriving. For instance, over USD 3 trillion worth of projects are now under development or in the design and planning stages, according to estimates. In addition, despite regional political upheaval that has shaken investor confidence, the construction industry is rising at a rate of more than 5% year on year (YoY). Therefore, such factors are positively impacting the market. Hence, such factors are driving the regional market growth during the forecast period.
A key factor shaping the market is the increasing online retailing. The increasing number of Internet users through smartphones, laptops, tablets, and others is providing retailers with an opportunity to venture into e-retailing. In addition, companies can sell their products through third-party e-commerce platforms or their online stores.
Moreover, different home building materials such as paints, wallpapers, electricals, and tiles are now being made available on e-commerce platforms such as Wall and Tile as well as Mineral Tiles. In addition, the online stores provide all the details such as colors, design, texture, dimensions, and their application for either floor, wall, or ceiling. Furthermore, this provides users with the convenience and flexibility of shopping. Therefore, such factors are positively impacting the market. Hence, online shopping will drive the regional market during the forecast period.
Volatile raw material prices are one of the key challenges hindering market growth. Tile production is a very energy-intensive operation. In addition, electricity, gas, and transportation costs are the major cost-related challenges affecting the industry. Furthermore, power and fuel availability at reasonable rates must be consistent for this sector to thrive.
Moreover, volatile markets have considerable negative implications, the majority of which are experienced by industrial businesses. In addition, raw materials such as silica sand, kaolin, feldspar, and bentonite utilized in the production have price volatility, which raises the capital required for the complete production process. Hence, such factors are negatively impacting the market in GCC countries. Therefore, it is hindering the regional market growth during the forecast period.
The residential segment is estimated to witness significant during the forecast period. Activity in the residential construction sector will mostly be focused on Saudi Arabia and the UAE. In addition, the former has the fastest-growing construction industry in the GCC because of its enormous wealth, sizable market, and long-term development objectives. Furthermore, the announcement of housing initiatives by the Saudi Ministry of Housing is expected to drive the growth of the residential application segment.
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The residential segment was the largest segment and was valued at USD 3.24 billion in 2018. For instance, in April 2020, the Saudi Arabia Ministry of Housing announced two new residential projects, namely Obhur Park and Mogan Village, located in Jeddah. In addition, the projects were initiated in partnership with the private sector to provide a total of 8,083 housing units. Furthermore, launching carefully considered and planned residential projects valued at billions of dollars is an activity that is leading the building industry. Hence, such factors are fuelling this segment which in turn drives the market during the forecast period.
Based on the product, the market has been segmented into ceramic floor tiles and ceramic wall. This segment will account for the largest share of this segment. The ceramic floor segment is versatile in designs and colors, and they are generally preferred for indoor applications such as in halls, offices, kitchens, bathrooms, and others. In addition, their strong and durable features make them perfect for being used where footfalls are high. Moreover, ceramic floor tiles are generally large and stronger than wall or ceiling tiles. These tiles are classified according to their wear resistance. In addition, the use for floors is preferred due to the advantages such as frost resistance, water absorption, stain resistance, chemical resistance, strength, dirt resistance, heat resistance, fire resistance, and slip resistance. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches to enhance their presence in the market.
Al Anwar Ceramic Tile Co. SAOG: The company offers ceramic tiles such as ceramic floor tiles, ceramic outdoor floor tiles, ceramic wall tiles, ceramic elevation wall tiles, and others.
The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Al Khaleej Ceramics Co. L.L.C, Al Maha Ceramics., Arabian Tile Co Ltd., ARABIAN-CERAMICS.COM, Ceramica Cleopatra Group, Kajaria Ceramics Ltd., Meraki Ceramics, Nesma Orbit, NI Cermaics, PORCELANOSA Grupo AIE, Porcellan, RAK Ceramics PJSC, Riyadh Ceramics, Sanipex Group, Saudi Ceramic Co., Skytouch Ceramic Pvt. Ltd., SOKHOOR AL ARAB, Alpha Tiles, and Future Ceramics
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Market caters to bathroom and kitchen flooring and wall applications in the building sector, emphasizing concrete structures. Ceramic tile manufacturers utilize advanced technologies and raw materials, including inkjet and digital printing technology from graphic studios. Offerings extend to natural wood and velvet surface finishes, as well as glass and rubber tiles, porcelain, glazed ceramic, and micro-crystal technology. These tiles find applications in commercial industries, highlighting a diverse market responding to evolving consumer preferences and technological advancements.
The market report predicts market growth by revenue and provides an analysis of the latest market growth and trends and growth opportunities from 2018 to 2028.
GCC Countries - Ceramic Tiles Market Scope |
|
Report Coverage |
Details |
Page number |
147 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.8% |
Market Growth 2024-2028 |
USD 2.43 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
6.3 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Al Anwar Ceramic Tile Co. SAOG, Al Khaleej Ceramics Co. L.L.C, Al Maha Ceramics., Arabian Tile Co Ltd., ARABIAN-CERAMICS.COM, Ceramica Cleopatra Group, Kajaria Ceramics Ltd., Meraki Ceramics, Nesma Orbit, NI Cermaics, PORCELANOSA Grupo AIE, Porcellan, RAK Ceramics PJSC, Riyadh Ceramics, Sanipex Group, Saudi Ceramic Co., Skytouch Ceramic Pvt. Ltd., SOKHOOR AL ARAB, Alpha Tiles, and Future Ceramics |
Market dynamics |
Parent market analysis, Market forecasting, 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. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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