Market Size of Egypt Ceramic Tiles Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 8.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Egypt Ceramic Tiles Market Analysis
The Egyptian ceramic tile market is expected to grow at a strong rate during the forecast period, owing to factors, such as increasing population, rising disposable income, and expansion of the construction sector. The Egyptian tiles industry is one of the country's fastest-growing sectors. It has benefited immensely from the country's burgeoning construction and infrastructure sectors. It has continued to be most cost-competitive at both the regional and global levels.
The country's domestic market consumes around 80% of the total ceramic tile consumption, while 20% of the total production is exported to other countries. The main exporter countries to Egypt are Italy and Spain, whose products are highly esteemed for their design and advanced technology. Nonetheless, local products are becoming highly competitive due to their high technical characteristics, low costs, and good aesthetic qualities.
The increased spending on housing and infrastructure in the upcoming years is expected to increase the per capita ceramic tile consumption to higher levels. Furthermore, government steps such as amendments in investment law that encourage FDI investments are expected to bring a steady demand in ceramic tile consumption in the medium term. These FDI investments are likely to boost the domestic construction sector to new levels, which, in turn, may foster huge gains for ceramic tile manufacturers.
A considerable number of housing units are scheduled to be delivered to residential compounds over the coming period, which is likely to elevate the demand for ceramic tiles further. The ceramic tile manufacturers are also using various technologies such as inkjet technology and LaserJet technology to fix the color to avoid color asymmetry and the protocol technology to produce asymmetric tiles to add an aesthetic touch installing and reflect the beauty of nature on the tiles.
