Traditional Ceramic Market Size, Share & Trends Analysis Report By Application (Architectural, Sanitary, Daily-use, Art), By Region, And Segment Forecasts, 2024 - 2030

Traditional Ceramic Market Size, Share & Trends Analysis Report By Application (Architectural, Sanitary, Daily-use, Art), By Region, And Segment Forecasts, 2024 - 2030

Traditional Ceramic Market Growth & Trends

The global traditional ceramic market is expected to reach USD 200.53 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% over the forecast period. Rising investment in the construction of residential and non-residential buildings is expected to increase the demand for traditional ceramics across the forecast period.

Traditional ceramic products, such as tiles, including flooring, wall covering, roofing, facades, and decorative elements find diverse applications in residential and non-residential buildings. Offices, homes, and hotels favor ceramic tiles due to their durability, ease of maintenance, and ability to enhance the overall aesthetics of the space.

Additionally, restaurants worldwide increasingly incorporate modern architecture in their upgrades and new constructions, leading to a substantial demand for traditional ceramic products to achieve a visually appealing and sophisticated ambiance for their properties. For instance, in August 2022, Ras Al Khaimah Tourism Development Authority in the UAE announced that it is planning to increase hotel rooms to up to 12,747 across 50 hotels and resorts in the next five years.

Asia Pacific held a revenue share of over 39.0% of the global market in 2023. Governments of countries in the Asia Pacific are providing support to their artisans to increase their traditional ceramics production. For instance, the Gramodyog Vikas Yojana (GVY) scheme of the Government of India aims at increasing the income of artisans by enhancing their technical know-how by offering them skill development training.

The market is competitive and highly fragmented, which results in investments in innovations. For instance, in August 2023, Duravit AG announced its plans to introduce the world’s first-ever climate-neutral ceramic facility in Quebec, Canada. The facility will produce ceramic sanitary products such as washbasins and closets, by making use of renewable energy. The electric roller kiln will run on hydropower, and the company intends to save 11 kilotons of carbon dioxide a year in comparison to a conventional factory.

Traditional Ceramic Market Report Highlights

• The architectural application segment held the largest share of nearly 55.0% in 2023 and is expected to continue its dominance across the forecast period. increasing investments in the development of multi-story apartments, which is expected to have a positive impact on the segment
• Art ware application segment is expected to register a growth rate of 4.3% across the forecast period. The segment’s growth is attributed to rising investment in luxury apartments and hotels, in which product is widely used to increase the property’s aesthetic appeal
• Based on region, the Middle East & Africa region is anticipated to grow at a CAGR of 3.7% across the forecast period. The countries in the region are diversifying their income source owing to this they are significantly investing in tourism, building construction, and industries. Thus, augmenting the consumption of products in the region
• Manufacturers worldwide face challenges due to the high raw material costs, which has prompted some small-scale manufacturers to shut down their production units. According to the India-based Morbi Ceramic Association, almost 100 manufacturing units of ceramic products were shut down in 2022, due to the rise in input costs of coal gas, and other raw materials

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