Global Ceramic Tiles Market is Expected to Reach USD 102.79 Billion in 2018: Transparency Market Research

Global Ceramic Tiles Market is ExpectedGlobal Ceramic Tiles Market is Expected to Reach USD 102.79 Billion in 2018: Transparency Market Research PR Newswire ALBANY, New York, October 29, 2013 According to a new market report published by Transparency Market Research "Ceramic Tiles (Floor, Wall and Others) Market for Residential Replacement, Commercial, New Residential and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018," the global market for ceramic tiles was valued at USD 55.79 billion in 2011 and is expected to reach USD 102.79 billion by 2018, growing at a CAGR of 9.2% from 2012 to 2018. In terms of volume, demand for ceramic tiles was 10,370.0 million square meters in 2011 and is expected to reach 18,154.1 million square meters by 2018, growing at a CAGR of 8.4% from 2012 to 2018. Browse the full report with complete TOC at http://www.transparencymarketresearch.com/ceramic-tiles-market.html Demand for ceramic tiles has been driven by the growing construction and infrastructure industry, mainly in emerging economies of Asia Pacific such as China, India and Indonesia. Shift towards replacing paints, metal slabs, marble floors, and other home decorative products with ceramic tiles is also expected to boost the market over the forecast period.