Market Size of United Kingdom Ceramic Tiles Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.11 Billion |
Market Size (2029) | USD 1.28 Billion |
CAGR (2024 - 2029) | 2.91 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Ceramic Tiles Market Analysis
The United Kingdom Ceramic Tiles Market size is estimated at USD 1.11 billion in 2024, and is expected to reach USD 1.28 billion by 2029, growing at a CAGR of 2.91% during the forecast period (2024-2029).
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 disruption in the demand for the ceramic tiles. Keeping the pandemic in mind, the Government has taken measures to stimulate the wider economy. This stimulation for the wider economy has proved to be a major upturn for the demand for important residential RMI sector.
The increasing demand for floor tiles is set to impact the growth of the ceramic tiles market positively in the United Kingdom. Ceramic tiles are cheap as compared to other flooring products. In the United Kingdom, the residential construction sector is thriving, and the house construction is at the forefront of the construction activity. The ceramic tiles are mostly composed of natural occurring materials, so manufacturing of these tiles is an environment friendly process. 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. There are also specialised equipment for selection, manipulation, and control of these tiles which increases the demand for these products. Commercial, residential replacement and new residential are the key application segments of the United Kingdom ceramic tiles market.