Market revenue in 2023 | USD 396.4 million |
Market revenue in 2030 | USD 623.9 million |
Growth rate | 6.7% (CAGR from 2023 to 2030) |
Largest segment | Non-residential |
Fastest growing segment | Residential |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Residential, Non-residential |
Key market players worldwide | Mohawk Industries Inc, Armstrong World Industries Inc, Antelope Enterprise Holdings Ltd, Kajaria Ceremics, Atlas Concorde, RAK Ceramics, Victoria PLC, Florida Tile Industries Inc, Porcelanosa, GRUPPO CERAMICHE RICCHETTI, Monalisa Group, New Pearl Group, Florim Ceramiche |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ceramic tiles market will help companies and investors design strategic landscapes.
Non-residential was the largest segment with a revenue share of 54.92% in 2023. Horizon Databook has segmented the Canada ceramic tiles market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in commercial construction activities in key provinces of the country is expected to boost the consumption of ceramic tiles over the forecast period. Moreover, increasing government spending in enhancing public and private building infrastructure is projected to propel the demand for ceramic tiles in wall and flooring applications, which is anticipated to drive the market from 2020 to 2027.
Increased immigration in Toronto, Edmonton, Calgary Area, and Vancouver had positively influenced residential construction activities in the country and surged the demand for ceramic tiles in residential constructions.
Technological innovation, in terms of the development of tiles having low porosity and resistant to fungus, bacteria, humidity, & stains, is expected to remain a critical success factor for the market players on a domestic level.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada ceramic tiles market , including forecasts for subscribers. This country databook contains high-level insights into Canada ceramic tiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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