Ceramic Tile Market In India

The replacement market is expected to witness a strong growth in the coming year thus driving the growth of the ceramic tiles market of india.

Ceramic tile market in india.

Based on value the size of the ceramic tiles market in india was worth inr 250 bn in 2017 and is expected to reach inr 501 70 bn by the end of 2023 expanding at a compound annual growth rate. Find here ceramic floor tiles ceramic flooring manufacturers suppliers exporters in india. The ceramics tiles market accounts for about 80 of the non resilient flooring market. Ceramic tiles are widely applicable in residential and commercial buildings owing to their durability and crack resistant nature.

Ceramic tiles market in india 2018 11 introduction of single brand ceramic products ceramic exporters from morbi are expected to come up with a common brand of ceramic products that will follow a standardized quality parameter xx morbi major tile hub continued advantages of morbi region proximity to raw materials and fuel xx. In terms of volume india had manufactured ceramic tiles that could cover an area of 1080 mn sq. 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. Government on housing and sanitation implementation of proposed goods and service tax favorable demographic profile and increasing urbanization drives the india ceramic tile market.

Based on value the size of the ceramic tiles market in india was worth inr 250 bn in 2017 and is expected to reach inr 501 70 bn by the end of 2023 expanding at a compound annual growth rate cagr of 13. Get contact details address of companies manufacturing and supplying ceramic floor tiles ceramic flooring across india. Initiatives such as swachh bharat abhiyan sba build ing of smart cities development of industrial corridors and housing for all. 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.

In terms of volume india had manufactured ceramic tiles that could cover an area of 1080 mn sq. India is one of the fastest growing ceramic tile markets in the world. Total market in india. Based on value the size of the ceramic tiles market in india was worth inr 250 bn in 2017 and is expected to reach inr 501 70 bn by the end of 2023 expanding at a compound annual growth rate cagr of 13.

Key deterrents to the growth of the market. The rs 26 500 crore ceramic tiles industry in india is set to witness nearly 9 per cent growth in demand this year higher than the 3 5 per cent growth recorded last year.