Market Outlook
Europe holds a signifcant position in the global ceramic decal market growth,
owing to increasing demand for dinnerware, resulting in positive growth of
ceramic imports in this region. According to Center for the Promotion of Imports
(CBI), Ministry of Foreign Afairs, the dinnerware production in Europe was valued
at US$ 1.87 billion in 2014, with average annual growth rate of 2.4% during 2010
- 2014 and accounted import value for US$ 2.11 billion in 2014.
Asia Pacifc is eepected to be the fastest growing region in global ceramic decal
market over the forecast period, owing to growing construction industry in this
region. According to India Brand Equity Foundation (IBEF), the construction
industry in India is eepected to become third largest construction market by 2025,
in the world and accounted for the growth of 5.9% during 2012 - 2013.
Furthermore, Asia pacifc is one of the largest region in consumption and the
production of ceramic tile, which in turn driving the growth of ceramic decal
market. According Indian Council of Ceramic Tiles and Sanitaryware, India ranked
third in terms of ceramic tiles production in the world and the overall production
12 billion square meter in 2015.
Key Players
Some of the leading players operating in the global ceramic decal market include
Stechcol Ceramic Crafts Development (Shenzhen) Co., Ltd, Bailey Decal Limited,
Leipold International GmbH,Tullis Russell Group Ltd, Bel Inc., Design Point Decal,
Inc., and others.
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