Germany Ceramic Tiles Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Germany is one of the major markets for ceramic tiles in the European region. The country has the benefits of highly developed and most advanced ceramic products like roof tiles, bricks, sanitary ware, etc. The significant consumer expenditure on residential and housing construction is another factor that benefits the market growth. The booming prospects of the construction sector are attributed to state investments and low interest rates. The rising demand for new residential infrastructures is the principal factor influencing the German ceramic tiles market growth. Germany is one of the major producers of kaolin in the European region.
Key Market TrendsRising Construction Activities are Driving the MarketIncreasing construction spending is the key factor in driving the ceramic tiles market in Germany. The high adoption rate of ceramic tiles in the interior construction industry, and high revenue generation from the floor tiles are anticipated to boost the Germany ceramic tiles market growth. Due to the presence of the promising construction industry in Germany, the demand for ceramic tiles is anticipated to accelerate over the projected period. Rapid industrialization and urbanization have resulted in increased construction activities in residential, commercial, and industrial sectors, thereby, escalating the demand for ceramic tiles.
Floor Segment is Driving the MarketCeramic tiles are made from fine, denser clay, and fired at extreme temperatures, thereby offering superior durability to the flooring with exposure to high traffic. The development of new products and hassle-free installation techniques have considerably driven the ceramic tiles market in commercial flooring. Ceramic floorings are emerging as cost effective and eco-friendly solutions in various sectors including healthcare and institutional buildings, owing to antibacterial, anti-slip, and water-resistant properties offered by the product. Factors such as consumers seeking stylish and less expensive flooring options, and escalating demand for high-quality floor tiles will contribute to the growth of the Germany ceramic tiles market.
Competitive LandscapeThe report covers major international players operating in the Germany Ceramic Tiles Market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
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