Market Size of Turkey Ceramic Tiles Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.37 Billion |
Market Size (2029) | USD 1.71 Billion |
CAGR (2024 - 2029) | 4.55 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Turkey Ceramic Tiles Market Analysis
The Turkey Ceramic Tiles Market size is estimated at USD 1.37 billion in 2024, and is expected to reach USD 1.71 billion by 2029, growing at a CAGR of 4.55% during the forecast period (2024-2029).
Due to the unexpected COVID-19 outbreak, the Turkey ceramic tile business, one of the top flooring market segments, experienced major setbacks in 2020. COVID-19 negatively impacted the ceramic tile market and the building industry, the primary market for ceramic tiles.
The Turkish ceramic tiles market is expected to witness strong growth during the forecast period, owing to factors such as increasing construction activities and urbanization. Ceramic tiles are durable, rigid, and environment-friendly, which comply with the green building standards and, thus, are gaining traction in flooring and walling applications.
Turkey has one of the oldest and fastest-growing ceramic manufacturing industries in the world. The ceramic tile manufacturing industry is one of the most developed sectors in Turkey. The country has emerged as one of the top ten ceramic tile manufacturers in the world. The industry in the country is eighth in the world and third in Europe, with a production capacity of over 330 million sqm.
Turkey is the fourth-largest ceramic tile exporter in the world, and it exports nearly 30% of its produce to more than 100 countries across five continents. In order of vitality, the most important export markets are Germany, Israel, the United Kingdom, Canada, and the United States. The market in Turkey is witnessing a new trend of ceramic tiles with natural stone looks and the manufacturers are coming up with various product variants, inspired by nature, with traditional designs such as Turkish motifs.