Market Size of Decorative Tiles Industry
Study Period | 2020 - 2029 |
Market Size (2024) | USD 33.74 Billion |
Market Size (2029) | USD 42.39 Billion |
CAGR (2024 - 2029) | 4.67 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Decorative Tiles Market Analysis
The Decorative Tiles Market size is estimated at USD 33.74 billion in 2024, and is expected to reach USD 42.39 billion by 2029, growing at a CAGR of 4.67% during the forecast period (2024-2029).
The decorative tiles market is expected to grow strongly, owing to increasing building construction spending and rising interest in bathroom and kitchen renovation projects worldwide. The rise in urbanization and increased commercial infrastructure development are other factors fuelling the demand for decorative tiles. Globally, there is an increase in investments in infrastructure development in developed and developing countries, which is another factor driving the global decorative tiles market.
One of the main trends in the decorative tile market is the rising popularity of 3D-printed tiles. Since clay, sand, and other materials are typically used to make decorative tiles. A method that produces less pollution is 3D tile printing, which is rapidly gaining traction. Tile manufacturers may add exquisite facets and design textures to their products using 3D printing. The rising demand for decorative tiles, owing to their stain and scratch resistance and ability to mimic the appearance of more expensive natural stone and hardwood tiles, is another factor that is anticipated to boost the adoption of these tiles in the next few years.