CERAMIC TILES MARKET ANALYSIS
MARKET DYNAMICS
Increasing trend of interior decoration coupled with high aesthetic appeal of ceramic tiles is expected to drive the market growth over the forecast period. Moreover, growing construction industry is expected to drive growth of the ceramic tiles market over the forecast period. For instance, according to the Chartered Institute of Building (CIOB), in 2017, the global construction industry was valued at US$ 10.8 trillion and is expected to reach US$ 17.5 trillion by 2030, with average global construction growth rate of 3.9% annually.
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