Taiwan Ceramic Tiles Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 2.00 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Taiwan Ceramic Tiles Market Analysis
The COVID-19 pandemic had a significant effect on the construction sector, which is sensitive to Economic cycles. This had a direct effect on the usage of ceramic tile in construction. The pandemic had a negative influence on the demand and production of Ceramic Tiles in Taiwan.
Ceramic tiles are extensively used in new residential as well as in-home improvement activities. Developed lifestyle, growing cost of living, and increasing population would benefit the construction industry and thereby support Taiwan ceramic tiles industry to nurture. Due to its aesthetic appearance and Customable looks this is a great substitute for hardwood, marble, concrete etc. The ceramic tiles can be available in various designs, textures, colours, shapes, sizes through various process like spray dying of clays, pressing, and firing of tiles. The factors contributing to the growth of the ceramic tiles market include the cost-effectiveness and the growing trend toward interior decoration. Factors such as elevating disposable incomes and technological advancements are further aiding the Taiwan Ceramic Tiles market growth.
Taiwan Ceramic Tiles Market Trends
This section covers the major market trends shaping the Taiwan Ceramic Tiles Market according to our research experts:
Boost in Construction Activities are Driving Ceramic Tiles Market in Taiwan
The expansion of residential, non-residential, and industrial sectors because of sustainable economic growth expected to boost construction activities, thereby, driving product demand over the forecast period. In addition, several tile manufacturers are expanding their production bases in the region owing to raw material availability. The market players are continuously introducing products with low environmental impact and enhanced durability as well as aesthetics to gain consumer attention. Moreover, improvement in production technology has made it possible to produce tiles of larger dimensions, thereby positively influencing the growth of the market.
Increasing Disposable Income is Driving the Market
Growing usage of ceramic tiles due to increasing disposable income and better spending power is expected to drive the growth of the market. Due to the growth in the employment level in Tiwan, people prefer a more modern lifestyle for themselves. Ceramic Tiles gives the feeling of modernization to the people in Tiwan through its Asthetic look and also cheap cost as compared to other Tiles. Increasing construction and renovation activities is a significant factor propelling the Ceramic Tiles Market growth. Moreover, the rise in disposable incomes of people, coupled with the rapid industrialization and modernization, propelled people to renovate and reconstruct existing homes and commercial spaces.Growing usage of ceramic tiles due to increasing disposable income and better spending power is expected to drive the growth of the market.
Taiwan Ceramic Tiles Industry Overview
Taiwan Ceramic tiles Martket is moderatly fragmented in nature. 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.
Taiwan Ceramic Tiles Market Leaders
Sanwon Ceramic
Champion
Horng Jou Ceramics Co., LTD
Link Kind Trading Co., Ltd
White Horse Ceramic Co. Ltd
*Disclaimer: Major Players sorted in no particular order
Taiwan Ceramic Tiles Market News
- On 4th June 2021, Link Kind Trading Co., Ltd announced that it uses a series of environmentally friendly raw materials --- PVC,SPC Vinyl, Biodegradable material etc, especially the floors which be made of highly quality material that will not only be advantageous for our environment but also be safe and comfortable for customers. Besides floor, carpet underlay, seaming tape all have passed a series of quality tests.
- In 2021, The Royal Mint partners with Quintet Private Bank to introduce the use of recycled gold in an exchange-traded commodity. The Royal Mint Physical Gold ETC - listed on the London Stock Exchange with the ticker 'RMAU' - will now be backed, in part, by bars made from recycled gold, making RMAU the world's first gold ETC or exchange-traded fund (ETF) ever backed by recycled gold bars, according to research conducted by HANetf
Taiwan Ceramic Tiles Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porters' Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights into Latest Technologies Used in the Industry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Glazed
5.1.2 Porcelain
5.1.3 Scratch Free
5.1.4 Others
5.2 By Application
5.2.1 Floor Tiles
5.2.2 Wall Tiles
5.2.3 Other Tiles
5.3 By Construction Type
5.3.1 New Construction
5.3.2 Replacement & Renovation
5.4 By End-User Type
5.4.1 Residential Replacement
5.4.2 Commercial
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 White Horse Ceramic Co., Ltd.
6.2.2 Sanwon Ceramic
6.2.3 Champion
6.2.4 Horng Jou Ceramics Co., Ltd.
6.2.5 Link Kind Trading Co., Ltd.
6.2.6 San Ya Zih Yuan Kai Fa Co., Ltd.
6.2.7 King Mint Ceramic Co., Ltd.
6.2.8 Jing Kong Ceramic Co., Ltd.
6.2.9 Ho Long Ceramic Co., Ltd.
6.2.10 Wa La Ha Co., Ltd.*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Taiwan Ceramic Tiles Industry Segmentation
Ceramic Tiles are made up of sand, natural products, and clays and once it is moulded into a shape then they are fired into a kiln. Ceramic tiles are durable, resistant to water, moisture and fire and are cheap as compared to other flooring products. Taiwan Ceramic Tiles Market is segmented By Product (Glazed, Porcelain, Scratch Free, Other Products), By Application (Floor Tiles, Wall Tiles, Other Applications), By Construction Type (New Construction, Replacement and Renovation) and By End User (Residential, Commercial).
| By Product Type | |
| Glazed | |
| Porcelain | |
| Scratch Free | |
| Others |
| By Application | |
| Floor Tiles | |
| Wall Tiles | |
| Other Tiles |
| By Construction Type | |
| New Construction | |
| Replacement & Renovation |
| By End-User Type | |
| Residential Replacement | |
| Commercial |
Taiwan Ceramic Tiles Market Research FAQs
What is the current Taiwan Ceramic Tiles Market size?
The Taiwan Ceramic Tiles Market is projected to register a CAGR of greater than 2% during the forecast period (2024-2029)
Who are the key players in Taiwan Ceramic Tiles Market?
Sanwon Ceramic, Champion, Horng Jou Ceramics Co., LTD, Link Kind Trading Co., Ltd and White Horse Ceramic Co. Ltd are the major companies operating in the Taiwan Ceramic Tiles Market.
What years does this Taiwan Ceramic Tiles Market cover?
The report covers the Taiwan Ceramic Tiles Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Taiwan Ceramic Tiles Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Taiwan Ceramic Tiles Industry Report
Statistics for the 2024 Taiwan Ceramic Tiles market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Taiwan Ceramic Tiles analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
