The global anti-skid ceramic tiles market to grow at a CAGR of 11.7% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global anti-skid ceramic tiles market for 2017-2021. To calculate the market size, the report considers demand for anti-skid ceramic tiles from key regions. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is nano e-sealed technology for bathroom ceramic tiles. The most actical option for bathrooms are the glazed ceramic tiles that are resistant to water, moisture, and stains. Anti-skid ceramic tiles from earlier days are facing the issue of not having much options in terms of color and variety.
According to the report, one driver in the market is booming construction in residential sector in US. The US construction industry is set to pick up in the next five years. The country has seen an increase in the single-family residential homes. Residential construction is expected to be the major growing segment mainly supported by the government plans to significantly increase the budget allocation to the sector. The budget will be majorly supporting home ownership, sustainable community development, and increased access to affordable housing.
Further, the report states that one challenge in the market is intense competition from small players. The global ceramic tiles market is characterized by the esence of a large number of international as well as country-specific regional vendors. The ceramic tiles market is highly fragmented, with the market being dominated by unorganized players. China forms the major oducer of anti-skid ceramic tiles.