Ceramic Tiles Industry In India 2020

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Ceramic tiles industry in india 2020. Nearly 62 per cent of incremental demand in fy20e would come from the price sensitive segment i e. India s ceramic industry is looking to almost double its turnover to rs 50 000 crore by 2020 driven by rising domestic consumption and exports to the middle east europe and other newer destinations. The ceramic tile has a special coating with a special glaze which seals and protects it while improving the durability of the tile. Thanks to evolving technology the natural wood look remains uber popular in 2020.

Construction industry growth in brics coupled with rising demand. Government on housing and sanitation implementation of proposed goods and service tax favorable demographic profile and increasing urbanization drives the india ceramic tile market. This year tile manufacturers are reinventing the look in an abundance of colors details and applications for one of a kind styling. The manufacturers are poised to compete with china in the global ceramic market which is a lead exporter with 40 per cent market share by expanding product portfolio and scouting for.

Here are the top 10 tile trends for 2020. Pmay u and clean india campaign rural. The total indian ceramic tile industry is estimated at rs 26 000 crore in terms of turnover and another rs 10 000 crore in exports. We will see a shift towards ceramic tiles with big bold patterns that instantly catch the eye this year.

Experts believe that ceramic tiles industry is likely to register a double digit volume growth by fy20. 21 09 2020 gayatri marbles a new kajaria eternity world showroom inaugurated today in erode tamil nadu. India ceramic tile market was valued us 5 58 bn in 2019 and is projected to reach us 11 23 bn by 2027 at a cagr of 9 14. Tile exports from morbi have grown at 20 cagr during the last four years with new markets opening in indonesia philippines mexico brazil and nepal besides gcc.

India s number 1 tile company offering designer floor tiles wall tiles and bathroom tiles. India has one of the fastest growing ceramic tiles markets in the world. An increase in remodeling activities is estimated to boost the product demand in the residential segment of the india ceramic tiles market during the forecast period.