Market revenue in 2023 | USD 2,189.6 million |
Market revenue in 2030 | USD 2,919.9 million |
Growth rate | 4.2% (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 66.19% in 2023. Horizon Databook has segmented the UK ceramic tiles market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing construction activities in cities such as London, Manchester, Leeds, Birmingham, Cardiff, and Sheffield coupled with growing population and immigration from the EU to the developed cities of the UK have catered to rising demand for construction materials.
Residential sector is expected to witness growth on account of rising demand for housing in the aforementioned cities, thereby, propelling the demand for ceramic tiles across the country. Increasing consumer spending on commercial spaces is expected to boost product demand from commercial construction industry in the UK.
Furthermore, there has been a substantial rise in consumer disposable income as well as the cost of living, which is expected to drive the demand for ceramic tiles in floor and wall applications. Improved consumer lifestyle coupled with rising demand for aesthetically pleasing, durable, low maintenance, and cost-effective products is projected to augment the demand for ceramic tiles over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the UK ceramic tiles market , including forecasts for subscribers. This country databook contains high-level insights into UK ceramic tiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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