Ceramic Industry

Global Ceramic Tile Market to Reach 92.78 Billion Square Feet by 2015

September 27, 2010
The worldwide ceramic tile market is projected to reach 92.78 billion square feet by 2015, according to a new report from Global Industry Analysts Inc.

The worldwide ceramic tile market is projected to reach 92.78 billion square feet by 2015, due in part to the anticipated economy recovery in the medium term and the ensuing resurgence in construction activity, as well as new product innovations, according to a new report from Global Industry Analysts Inc.

The report states that Asia-Pacific and Europe collectively account for more than 80% share of the global market. The U.S. market is expected to witness erosion in sales by approximately 1,268 million square feet between 2007 and 2011.

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