Market Trends of Europe Ceramic Tiles Industry
Italy is the Major Exporter of Ceramic Tiles in Europe Region
The European region encompasses Germany, the UK, and Italy. Italy is a major exporter of ceramic tiles, with key import destinations like France, the US, Austria, Belgium, Germany, Greece, France, and Canada. Major players in the industry are focusing on achieving optimal operational costs, enhancing product quality, maximizing production output, and acquiring small players to sustain themselves in the competitive market. The market players are continuously introducing products with low environmental impact and enhanced durability, as well as aesthetics, to gain consumer attention.
Residential Replacement Segment is Driving the Market
Residential replacement and new installation activities are anticipated to drive growth of the ceramic tile market. Ease of replacement and installation are some major characteristics of ceramic tiles, which makes them ideal for flooring. The demand for ceramic tiles has increased from projects related to the replacement of tiles in residential construction. The replacement market is expected to witness a strong growth, thus driving the growth of the ceramic tile market.