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Large Format Ceramic Panel Market Report by Application (Countertop, Exterior Wall Cladding, Flooring, Interior Wall), Thickness (<3mm, 3mm-9mm, 9.1mm–12mm, >12mm), Construction Type (New Construction, Replacement and Renovation), and Region 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A2762
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Market Overview:
The global large format ceramic panel market size reached US$ 91.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 125.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.35% during 2023-2028.
The popularity of large format ceramic tiles has been increasing across the globe driven by their numerous advantages. These panels offer high tensile strength, cost-effectiveness, better durability, and improved aesthetic value. Furthermore, large format ceramic panels also provide high resistance against frost, UV, fire, water, etc. These ceramic panels have gained popularity due to their wide availability in various designs and patterns. The large format ceramic panels are used extensively in countertops, benchtops, flooring, wall cladding, etc.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The large format ceramic panel market is primarily driven by the introduction of seamless ceramic tiles in the construction sector. Additionally, the rising adoption of ceramic flooring due to its superior durability and chemical/stain resistance properties is further fueling the product demand. The rapid development of commercial spaces, retail facilities, and hospitality centers is also augmenting the use of large format ceramic panels. The growing inclination towards aesthetically appealing countertops and exterior wall cladding is also fueling the product demand. Moreover, the introduction of a broad product range in various colors, patterns, textures, sizes, etc., catering to diverse consumer preferences is also catalyzing the product demand. Rising urbanization coupled with the increasing construction of modern housing projects is also driving the market for large format ceramic tiles. Furthermore, the growing number of smart and green residential buildings is also catalyzing the product demand, particularly in developed regions. The market is also driven by the increasing adoption of these ceramic panels in the healthcare sector based on their antimicrobial, anti-slip, and water-resistant benefits. The outbreak of the COVID-19 pandemic in early 2021, however, has negatively impacted the growth of the large format ceramic panel market. The pandemic resulted in lockdowns across the globe which led to supply chain disruptions and a temporary ban on construction activities across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global large format ceramic panel market report, along with forecasts at the global and regional levels from 2023-2028. Our report has categorized the market based on application, thickness and construction type.
Breakup by Application:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Countertop
- Exterior Wall Cladding
- Flooring
- Interior Wall
Breakup by Thickness:
- <3mm
- 3mm-9mm
- 9.1mm–12mm
- >12mm
Breakup by Construction Type:
- New Construction
- Replacement and Renovation
Breakup by Region:
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- Europe
- Germany
- United Kingdom
- Italy
- Spain
- France
- Others
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- Australia
- Others
- Middle East and Africa
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Others
- Latin America
- Brazil
- Mexico
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being ABK Group, Adila Ceramic Pvt. Ltd., Azulev Group, Elemex, Inc., Florim Ceramiche S.p.A., GranitiFiandre S.p.A., Laminam S.p.A., Levantina y Asociados de Minerales, S.A., Neolith, and RAK Ceramics PJSC.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Application, Thickness, Construction Type, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | Germany, United Kingdom, Italy, Spain, France, United States, Canada, China, Japan, India, Australia, Saudi Arabia, South Africa, Turkey, United Arab Emirates, Brazil, Mexico |
| Companies Covered | ABK Group, Adila Ceramic Pvt. Ltd., Azulev Group, Elemex, Inc., Florim Ceramiche S.p.A., GranitiFiandre S.p.A., Laminam S.p.A., Levantina y Asociados de Minerales, S.A., Neolith and RAK Ceramics PJSC |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global large format ceramic panel market was valued at US$ 91.1 Billion in 2022.
We expect the global large format ceramic panel market to exhibit a CAGR of 5.35% during 2023-2028
The continuous development of commercial spaces, retail facilities, and hospitality centers, coupled with the growing availability of large format ceramic panels in various designs and patterns, is primarily driving the global large format ceramic panel market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary halt in numerous construction activities, thereby negatively impacting the demand for large format ceramic panels.
Based on the application, the global large format ceramic panel market can be categorized into countertop, exterior wall cladding, flooring, and interior wall. Currently, interior wall exhibits clear dominance in the market.
Based on the thickness, the global large format ceramic panel market has been segmented into & 3mm, 3mm-9mm, 9.1mm–12mm, and & 12mm. Among these, 3mm-9mm thickness represents the largest market share.
Based on the construction type, the global large format ceramic panel market can be bifurcated into new construction and replacement and renovation. Currently, new construction accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global large format ceramic panel market include ABK Group, Adila Ceramic Pvt. Ltd., Azulev Group, Elemex, Inc., Florim Ceramiche S.p.A., GranitiFiandre S.p.A., Laminam S.p.A., Levantina y Asociados de Minerales, S.A., Neolith, and RAK Ceramics PJSC.
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