Market Size of Israel Ceramic Tiles Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR (2024 - 2029) | > 3.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Israel Ceramic Tiles Market Analysis
The Israel Ceramic Tiles Market is expected to register a CAGR of greater than 3% during the forecast period(2024-2029).
Rising construction in Israel is leading to an increasing demand for ceramic tiles. As ceramic tiles are used for walls and flooring increasing residential and commercial spaces are leading to an increase in market size of ceramic tiles. Among the residential segments, Houses and Apartments exist among the major users in Israel, demanding ceramic tiles for their construction. Over the period the country observed an increasing contribution from its manufacturers in the domestic as well as international ceramic tile market.
Increasing urbanization and rising level of income is leading to a rising share of the population preferring ceramic tiles in their constructed residential spaces. On the other side, rising commercial real estate in Israel is leading to an increase in office space and demand for specific and customized ceramic tiles in commercial spaces. With the increase in ceramic product manufacturing Israel has emerged as a country exporting its products to more than sixty nations globally which includes the segment of ceramic tiles as well.
By using emerging printing technologies for designing their tiles, manufacturers are offering a wide spectrum of unique designs for residential as well as commercial spaces and making users available their specific designs on tiles. Post Covid with an increasing trend towards a safe and hygienic routine, tile manufacturers are designing their products that are germ-resistant and contribute towards a hygienic routine.