Ceramic Tile Industry In India
The ceramic tiles industry is likely to post volume growth of around 8 per cent in fy19e and nearly 13 per cent in fy20e.
Ceramic tile industry in india. India is one of the fastest growing ceramic tile markets in the world. In this icctas edition we have presented the latest trends news and current scenario of the global ceramic tile industry. Overall ceramic industry expected to grow at 9 cagr to become 7 5 bln eur by 2022 ceramic industry segmentation market size bln eur characteristics. The indian tile industry is divided into organized and unorganized sector.
The industry holds a share of 2 5 in global production. Indian ceramic industry is dominated by ceramic tiles industry with market of 4 9 bln eur in 2017. 600 million square meters. The expansion comes on the back of 1 6 times annual jump in fy18 projects under execution under the pmay u and 42 per cent yoy pre sales growth in fy18 of listed real estate firms.
In the construction sector ceramic tiles are considered as one of the key elements which are mainly used for covering roofs walls and floors of different buildings as they are highly durable provide protection from abrasion and require low. India has one of the fastest growing ceramic tiles markets in the world. The organized sector comprises of approximately 14 players. We hope you will enjoy reading it.
Though india holds a minuscule share of 0 77 of global trade of ceramic products in 2002. The production during 2011 12 stood at approx. The government on housing and sanitation implementation of proposed goods and service tax favorable demographic profile and increasing urbanization drive the indian ceramic tile market. Ceramic tiles market in india 2018 2023 has complete details about market of ceramic tiles industry ceramic tiles analysis and current trends.
The industry is characterized by few players in the organized sector and a large number of players in the unorganized segment. Government on housing and sanitation implementation of proposed goods and service tax favorable demographic profile and increasing urbanization drives the india ceramic tile market. India s ranking in world ceramic tile production stands at 3 chinaand brazilare the top 2 and is growing at an annual growth rate of 15 contributed largely by urbanisation a boom in the retail industry and optimism inindia s economic outlook. The overall size of the indian ceramic tile industry is approximately rs 18 000 crore fy12.
This is followed in countries such as china and india in the region. Ceramic tiles manufactured in asia pacific domestic are supplied through distribution modes such as wholesale and online portals respectively.