AP NEWS

The Ceramic Tiles Market in GCC 2018-2022 - Key Vendors are Grespania, Kajaria Ceramics, Norcros, RAK Ceramics, and Saudi Ceramics - ResearchAndMarkets.com

August 20, 2018

DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The “Ceramic Tiles Market in GCC 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The ceramic tiles market in GCC is projected to grow at a CAGR of 7.09% during the period 2018-2022.

The latest trend gaining momentum in the market is the online retailing of tiles. Vendors can sell their products through third-party e-commerce platforms or their own online store. The online stores provide all the details of ceramic tiles such as colors, design, texture, dimensions, and their application for either floor, wall, and ceiling.

According to the report, one of the major drivers for this market is the new constructions in GCC countries. The GCC countries are investing billions of dollars in the construction and expansion of airports. A budget of about USD 6.8 billion has been invested to increase the capacity of the Abu Dhabi airport midfield terminal building in 2017. Furthermore, the growing hospitality industry will require the construction of new travel facilities such as airports, railways, and roadways or remodeling of the existing facilities.

Further, the report states that one of the major factors hindering the growth of this market is the threat of substitutes. With the changing design preferences of end-users, the construction industry is increasingly influenced in terms of building materials. To cater to such varying architectural needs, suppliers to the construction industry are introducing new and improved materials that they collect from other countries.

Key Vendors

Grespania Kajaria Ceramics Norcros RAK Ceramics Saudi Ceramics

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Product

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/wnp4pp/the_ceramic_tiles?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180820005203/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Ceramics,Tile

KEYWORD:

INDUSTRY KEYWORD: HOME GOODS RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/20/2018 05:05 AM/DISC: 08/20/2018 05:05 AM

http://www.businesswire.com/news/home/20180820005203/en

AP RADIO
Update hourly