Ceramic World Review updates the rankings of the 25 world's top ceramic tile groups in 2022. Mohawk Industries, Lamosa and SCG lead the rankings.
Ceramic World Review, in collaboration with MECS, has published the new rankings of the world's largest tile producers, ranked by output volumes to 31/12/2022, as communicated by the companies themselves (or, in a few cases, obtained from public sources or estimated).
The most striking aspect of the 2022 results reported by the world’s top 25 ceramic groups is without doubt the significant increase in revenues recorded by almost all the players, including double-digit and in several cases more than 20% rises. In general, all the companies offset their higher production costs by raising their prices and promoting higher-value products. The large groups recorded a less consistent performance in terms of output volumes, with only a minority reporting growth and two thirds experiencing contraction or remaining at the same level as in 2021.
The US group Mohawk Industries remains firmly at the top of the ranking, its position further strengthened by the acquisitions of Mexican company Vitromex (on 3 June 2022) and Brazilian firm Elizabeth (in November 2022), which have increased its installed capacity to over 300 million sqm. The Global Ceramics division posted a 10% increase in revenue to US $4.3 billion in 2022, and succeeded in remaining stable in the first half of 2023 (US $2.2 billion) compared to the same period in 2022.
Mexico’s Grupo Lamosa consolidated its second place with an increase in production to 215 million sqm as a result of the complete integration of Roca Tiles and Fanosa, acquired in September 2021 and January 2022 respectively. These operations were also responsible for the sharp increase in revenues in 2022 (+22% in the tile division alone to €1.27 billion).
The Thai multinational SCG Ceramics also maintained its position in the top three with an increase in production to 152 million sqm, while installed capacity remained unchanged relative to 2021. Tile segment revenues increased by 24% to €667 million.
RAK Ceramics climbed to fourth place in the industry ranking with an increase in production capacity to 130 million sqm and an output of 105 million sqm, while its tile division posted 18% revenue growth compared to 2021 (€550 million).
Following close behind, Pamesa reported a stable output at 101 million sqm and an increase in total sales to 130 million sqm. Tile segment revenue climbed to €1,186 million, marking the largest increase of any player in the Top 25 (+35% over 2021).
Looking through the ranking, some of the other groups that posted an increase in capacity and/or production in 2022 include Kajaria Ceramics, STN Group (capacity reaching 100 million sqm and revenue up 29% compared to 2021) and Somany Ceramics (10 million sqm of additional capacity).