Mohawk Industries (USA), SCG (Thailand) and Lamosa (Mexico) lead once again the rankings. Good results were also posted by Vitromex (Mexico), Pamesa and STN (Spain), Kajaria (India) and Arwana Citramulia (Indonesia).
The trade magazines Tile Italia and Tile International take a picture of the top 30 Italian ceramic tile manufacturers in 2016.
Chinese tile exports fell for the third year running (-5.9% in 2016).
The Italian tile industry has closed 2016 with record investments of 400 million euros (+14%), a turnover of 5.4 billion euros (+5.9%) and a national production of 416 million m2 (+5.4%).
The 3rd edition of “Financial statement analysis of world ceramic tile producers” by ACIMAC Research Department compares the 2015 results of 77 Asian tile companies and further 248 companies, of which 88 from Italy and 75 from Spain.
The 3rd edition of the “Financial statement analysis of world ceramic tile producers” shows a slight increase of profitability margins for the Spanish tile companies in 2015.
The 3rd edition of the “Financial statement analysis of world ceramic tile producers” compares the results of 88 Italian tile companies and 237 foreign ones.
In 2016 the turnover of the Spanish ceramic tile industry grew by 7% to 3.3 billion euros while the tile production reached 492 million sq.m (+12%).
Strengthened by steady growth in the housing and construction markets, the U.S. economy continued to expand in 2016, helping lift the U.S. ceramic tile market to a seventh straight year of growth.
The downturn in the building sector continued also in 2016, affecting negatively production (-5.5%) and consumption (-10%) of ceramic tiles.
Acimac Research Dept. anticipates to Ceramic World Review a preview of the key figures of its new study “World production and consumption of ceramic tiles”.
2016 may see further consolidation of the growth reported in 2015, with domestic sales returning to positive territory (+2.7%) and exports showing a further increase (+3.6%). Domestic output is also expected to grow by 3.8%.