18.10.2017 22:04:00
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Opportunities in the GCC Ceramic Tiles Market, Forecast to 2020
LONDON, Oct. 18, 2017 /PRNewswire/ -- Africa is a net importer of tiles. Asia's production surplus offers strong export potential; GCC can trade through and to Asia
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The tiles market in the GCC is one of the most dynamic in the world in terms of the kind of demand it generates. There is high demand for both high quality-high priced tiles and at the same time there is demand for economical and cost effective products.
The tiles market in the GCC is currently in the growth stage of the life cycle and is it not expected to saturate in the near future. But as the market progresses a continuous shift is expected in marketing and distribution activities.
As the market witnesses increasing competition alongside the rise of the substitutes, suppliers will be forced to look for innovative ways to sustain market conditions. Significant growth across all the countries in the region means vast opportunities for growth. It is, however, important to identify fast growth markets which offer abundance of growth potential.
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