Summary

There has been a surge in demand for newly constructed homes in Mexico. In a South American nation, demand has surged due to a decline in cohabitation and an increase in urbanization. To keep up with the growing demand, Mexico needs to build more homes every year. La Haus is a firm based in Colombia that provides a residential marketplace for individuals to purchase and sell newly constructed homes. Building developments will help the nation's tile sector. There are both domestic and foreign competitors in the fractured and fiercely competitive Mexican ceramic tile market. Among the leading businesses in the sector are Vitromex, Interceramic, Grupo Lamosa, Mohawk Industries, and Vitromex. In order to establish their supremacy in the industry, players are increasing their merger and acquisition activity and continuously developing their product offerings. Grupo Lamosa of Mexico consented to purchase Baldocer of Spain in September 2023. Grupo Lamosa is a multinational company based in Mexico that manufactures and sells adhesives, thermal insulators, and ceramic floor and wall tiles for the building materials sector. Grupo Industrial Saltillo sold Vitromex, a ceramic tile company, to Mohawk Industries Inc. in June 2022. Founded in 1967, Vitromex has four production sites in Mexico, a wide distribution network, and a product line that includes porcelain, mosaics, and glazed ceramic and ornamental tiles. Mexico's top market for ceramic tiles is the United States, while the country enjoys close commercial relations with Chile and Guatemala. With three times as many sales as India, Spain is the second-biggest exporter of ceramic tiles to Mexico. Due to its availability of natural resources and capacity to make high-quality tiles at a lesser cost than other nations, Mexico has emerged as one of the world's top exporters of ceramic tiles. Furthermore, Mexico is a great place to import and export ceramic tiles due to its close proximity to the United States. Mexico needs a larger supply of ceramic tiles because the country's demand for them has grown over the last several years.

According to the research report "Mexico Ceramic Tiles Market Overview, 2029," published by Bonafide Research, the Mexico Ceramic Tiles Market is expected to reach market size more than USD by 7 billion 2029. The market is seeing rapid growth in the building industry due to the low cost of ceramic tiles. Because they are durable and difficult to break, ceramic tiles are frequently utilized in homes and commercial spaces. The demand for ceramic tile is impacted by real estate investment, construction projects, and business activities. In the near to medium term, Mexico's growing need for residential dwelling units will keep driving new construction and development, which will accelerate market expansion overall. In the ceramic tile market, Mexico is one of the major producers of ceramic tiles. The plentiful clay resources that are used to create the tiles are the main driving force behind Mexico's ceramic tile industry. The nation has access to other raw resources that are frequently utilized to intensify and brighten the hues, like feldspar and limestone. The growing building industry in Mexico is driving up demand for ceramic tiles. This demand is driven by a number of causes, including the expanding population, continuous urbanization, and improved tourism infrastructure. Glazed ceramic is the most widely used type of ceramic, used in both design and hygienic areas of the home. In the nation, glazed ceramic tiles are extensively employed for hygienic and decorative purposes and are generally favored. Since they are so strong and moisture-resistant, glazed ceramic tiles are perfect for kitchens and baths.

Based on by type the market can be categorized by Porcelain, Glazed, and Unglazed. Glazed ceramic tiles are becoming more and more popular in the Mexican ceramic tile market. A wide range of design possibilities are available with glazed ceramic tiles, ranging from vivid patterns and textures to lifelike imitations of real materials like stone or wood. This accommodates a wide range of tastes and makes it possible to design distinctive, customized places. The glaze layer gives the tiles a glossy, rich covering that gives them an eye-catching depth and dimension that is not possible with unglazed choices. They are therefore perfect for giving any area a dash of class and elegance.

Based on by application the market can be categorized by Floor Tile, Wall Tiles, others Tiles. It is projected that the ceramic tile market will expand within the floor tile category. Ceramic tiles are a superb and long-lasting option for flooring because of their dependability, water resistance, durability, and high sturdiness. They are utilized in public and private buildings that have a lot of foot traffic, such as government buildings, sports complexes, and hospitals. Due to their water-safe nature and ease of cleaning, they are the ideal choice for flooring in kitchens and bathrooms.

Based on By End Users the market can be categorized by Residential, Non Residential. A number of factors are causing homes to become havens of comfort and beauty, which is driving up demand for Mexican ceramic tiles from the residential sector. Due to Mexico's expanding economy, the middle class is expanding and there is more disposable cash available. More people will be investing in home ownership and remodeling as a result, increasing the need for building supplies like ceramic tiles. Clean lines, open areas, and neutral hues are the hallmarks of modern and minimalist design, which are being embraced by Mexican homeowners. Ceramic tiles are the ideal complement to these modern aesthetics because of their wide range of design options and elegant finishes.

Considered in this report:
• Geography: Mexico
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report:
• United States Ceramic Tiles market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type:
• Porcelain
• Glazed
• Unglazed

By application:
• Floor Tiles
• Wall Tiles
• Others Tiles

By End Users:
• Residential
• Non Residential

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Ceramic Tiles industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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