United Kingdom Ceramic Tile Market 2015-2019 - Rebound in Construction Activity with British Ceramic Tiles, Craven Dunnill, Norcros & Topps Tiles Dominating

News provided by

Apr 01, 2015, 11:17 ET

DUBLIN, Mar. 30, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/49rbsm/ceramic_tile) has announced the addition of the "Ceramic Tile Market in the UK 2015-2019" report to their offering.

The Ceramic Tile market in the UK to grow at a CAGR of 7.35% over the period 2014-2019

Ceramic tiles are made from a mixture of sand, clay, and other natural products. They are manufactured by molding the raw materials into the required shape and design, followed by heating at high temperature in a kiln. Ceramic tiles are available in many designs and variants, and hence are suitable for indoors and outdoors. Their aesthetics make them suitable for floor coverings and other decorative uses.

One of the key emerging trends in this market is an improvement in the UK's Private Housing market. Residential construction in the Private sector has recovered in the UK and is projected to record healthy growth in the medium term. This will balance the subdued demand from the Public sector, which is likely to have limited refurbishment spending capacity in the medium term.

According to the report, revival of construction activities in the country is one key factor propelling market growth. The UK Residential Construction market has effectively recovered after the 2008 financial crisis. Reduction in unemployment rates and improved income levels has given consumers the confidence to spend on home purchase, improvement, and furnishing activities.

Further, the report states that one of the major challenges faced by the market is the availability of alternative products. Changing consumer preferences and industrialization have resulted in the need for advanced wall and flooring requirements in design and durability that are addressed by alternative materials such as vinyl and engineered wood flooring. This factor has affected the market share of ceramic tiles in the Flooring market.

Key Vendors