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GCC Ceramic Tiles Market by Latest Trends, Leading Key Players, Future Growth, Revenue, Demand Forecast To 2030

The GCC Ceramic Tiles market size is expected to be worth around US$ 24.2 billion by 2030, according to a new report by Vision Research Reports.

The GCC Ceramic Tiles market size was valued at US$ 10.8 billion in 2020 and is anticipated to grow at a CAGR of 12.9% during forecast period 2021 to 2030.

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GCC Ceramic Tiles Market (By Product: Glazed Ceramic Tiles, Porcelain Tiles, Others; By Application: Wall Tiles, Floor Tiles, Others; By End-use: Residential, Commercial) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Report Coverage

Report Highlights Details
Market Size USD 24.2 billion by 2030
Growth Rate CAGR of 12.9% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Application, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned RAK Ceramics; Porcelanosa Dubai; Al Jawadah Ceramics; Forsan Ceramics; Al Anwar Ceramic Tiles Co. SAOG; Al Maha Ceramics; Al Khaleej Ceramics; Saudi Ceramics; Niceramics; Arabian Tile Company Ltd.

Growth Factors

 Increasing infrastructure development activities in the GCC countries to spur the transformation into non-oil economies is expected to drive the market. GCC is one of the most active construction markets in the world with a market revenue of over USD 2.4 trillion in 2020 and more than 22,000 ongoing projects across countries such as the UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman. This is expected to lead to an increase in the demand for, primarily in the residential and commercial complexes, including housing, hotels, malls, educational institutions, healthcare facilities, and cinema halls.

Rapidly rising construction expenditures in the regional economies to boost tourism and other industries are expected to drive the market in the region. GCC is one of the least impacted regions due to the COVID-19 outbreak, thus did not witness a severe halt in the construction activities.

Report Highlights

The porcelain tiles segment dominated the market and accounted for the largest revenue share of about 70.0% in 2020. This is attributed to strength and durability as compared to general ceramic tiles as they are fired at extreme temperatures and are made from ultrafine and denser clays. The glazed ceramic tiles segment is expected to witness a CAGR of 12.9%

The commercial end-use segment dominated the market and accounted for the largest revenue share of about 82.0% in 2020, owing to rising demand for highly durable and cost-efficient ceramic tiles-based floorings for use in high-traffic commercial and industrial sectors. In addition, the development of new products and hassle-free installation techniques has considerably driven the segment growth in recent years.

The floor tiles application segment dominated the market and accounted for the largest revenue share of about 82.3% in 2020, as these tiles are stain-resistant, maintenance-free, and less costly as compared with stone and marble-based flooring tiles. In addition, increasing adoption of micro-crystal technology for making tiles with smooth surfaces, clear texture, aesthetic appeal, and high durability is expected to benefit the segment growth in the coming years.

The demand for ceramic tiles in wall tiles application is expected to rise over the forecast period as these tiles are a cost-effective and durable alternative for conventional stone materials in several residential and commercial constructions.

Saudi Arabia dominated the market and accounted for the largest revenue share of about 47.0% in 2020. This is owing to high investment by the government for the development of several infrastructural projects such as power generation, railways, water treatment, and sewerage treatment.  In UAE, the GCC ceramic tiles market is expected to witness a CAGR of 7.6% from 2020 to 2030, owing to high investments by the government and private players for the construction of new residential and commercial complexes as per the initiatives for the development of affordable housing, educational institutions, and advanced healthcare facilities.

Key Players

  • RAK Ceramics
  • Porcelanosa Dubai
  • Al Jawadah Ceramics
  • Forsan Ceramics
  • Al Anwar Ceramic Tiles Co. SAOG
  • Al Maha Ceramics
  • Al Khaleej Ceramics
  • Saudi Ceramics
  • Niceramics
  • Arabian Tile Company Ltd.

Market Segmentation

  • Product
    • Glazed Ceramic Tiles
    • Porcelain Tiles
    • Others
  • Application
    • Wall Tiles
    • Floor Tiles
    • Others
  • End-use
    • Residential
    • Commercial
  • Country
    • Saudi Arabia
    • UAE
    • Kuwait
    • Bahrain
    • Oman
    • Qatar

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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