increased government focus on residential construction expansion is driving the Ceramic Tiles Market in Israel
Technavio analyzes that the Ceramic Tiles Market in Israel is expected to grow at a CAGR of 6.8% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 271.9 million.There are various factors that contribute to the growth of the market. The ceramic tiles market in Israel has experienced significant growth due to the increased government emphasis on residential construction expansion. This focus has led to a surge in demand for high-quality and durable ceramic tiles for both new constructions and renovation projects. As a result, local and international tile manufacturers have shown increased interest in the Israeli market, driving competition and innovation in the industry. This trend is expected to continue, making Israel an attractive market for ceramic tile producers.
In the Israeli market, the demand for ceramic wall tiles is on the rise due to their cost-effective and durable nature, making them a preferred choice over traditional stone materials for both residential and commercial applications. Vendors are focusing on innovation, with offerings including inkjet technology for customized designs, marble-styled tiles for aesthetic appeal, and eco-friendly options for energy-efficient green buildings. Digital printing enables high-resolution images on glazed tiles, suitable for high-traffic and high-footfall areas. Moisture resistance is a key feature, ensuring the tiles' longevity in various construction materials and environments. With a direct sales network, customers can easily access these high-quality, easy-to-clean, and moisture-resistant tiles, enhancing the visual value of their spaces while protecting exterior and interior walls.
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Ceramic Tiles Market in Israel Segmentation
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The ceramic tiles market in Israel is driven by the demand for tiles in both residential and commercial sectors. Key raw materials include clay, silica, dyes, and fired clay. The semi-dry pressing technique is commonly used in production. Volatility in raw material prices, particularly clay and natural gas, pose challenges. Infrastructure investments, floor design trends, and construction spending influence market growth. Ceramic wall tiles, fireplace cladding, anti-bacterial, stain-resistant, decorative flooring, inkjet technology, marble-styled tiles, eco-friendly ceramics, water resistant, cracking resistance, aesthetic appeal, renovation, restructuring, and recession are key trends. Construction activities continue despite challenges, with a focus on sustainable and water-resistant tiles.
The ceramic tiles market in Israel is a significant segment of the broader construction materials industry. Key raw materials for ceramic tile production include clay, silica, dyes, and natural gas. The volatile nature of raw materials, particularly natural gas, poses challenges to market stability. The semi-dry pressing technique is commonly used in Israel for ceramic tile manufacturing. The market is driven by demand from both residential and commercial sectors. Infrastructure investments, particularly in large-format tiles, are expected to fuel market growth. The global construction materials market, which includes the ceramic tiles sector, is experiencing robust expansion due to the upsurge in the building and construction industry. This trend is anticipated to continue, providing opportunities for market participants in Israel and beyond.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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