Showing posts with label Polished Vitrified Tile Market. Show all posts
Showing posts with label Polished Vitrified Tile Market. Show all posts

Monday, January 8, 2018

India Wall and Floor Tiles Market is Expected to reach over INR 47,700 crore by FY’2022: Ken Research

India Wall and Floor Tile Market by Type (Floor, Wall and Roof tile), by Material (Ceramic, Vitrified and others), by Market Structure (Organized and Unorganized), by Region (Northern, Southern, Eastern and Western Region) and by New-Order and Replacement Demand (New-Order and Replacement Demand). Market Share of Major players (Kajaria, Somany, AGL, HRJohnson, Nitco, Orient Bell, Murudeshwar, RAK, Varmora, Simpolo and Sun Heart)
The surge in the urbanization in India has a large scale increase in the number of residential units and the area under the commercial space in India supporting the overall growth in the India Wall & Floor Tiles Market.
The rise in the government initiatives including Swachh Bharat Abhiyan, Smart Cities 100, Housing For All by 2022, National Health Mission and others have fueled the upliftment in the India Tiles Market through the immense support provided in the infrastructure and health sector growth.
The increase in the demand for tiles in India has seen the introduction of new tiles with varied properties including germ free nature, anti-skid nature, tiles with digital printing, stain resistant nature and others.
India tile market is expected to register a constant growth in demand owing to rising demand for good quality real estate in commercial and residential sector. All major companies have positive outlook about the market in the near future and are planning to expand their manufacturing and distribution network in the near future. The increase in the urbanization in search of improved standard of living and better job opportunities have increased the number of residential units and commercial spaces raising the demand for tiles in India. The major growth driver of the India Tiles Industry is the infrastructural growth in terms of rise in the number of households, commercial units, hospitals, colleges, schools, Airports and healthcare sectors on account of the government initiatives aimed at achieving the growth.
The government aims at providing easy home loans and tax subsidies to achieve its objectives in the desired time frame booming the India Tiles Market. The various types of application space is expected to expand beyond include bathroom, kitchen, bedroom, drawing room, office to façade, roof and other areas. Each area has its own perquisites and the tiles are developed in a way to cater all the requirements. While the different properties include germ free nature, anti-skid nature, tiles with digital printing, stain resistant nature and others many new variants in design and type is expected to enter the market.
Ken Research in its latest study, “India Tile Market By Type (Wall, Floor, and Roof), By Region (North, South, East and West), By Material (Ceramic, Vitrified and Other) and By Organized and Unorganized - Outlook to 2022” analyzed that the companies develop new innovative varieties of tiles in order to gain the maximum share in the market on account of the existence of high completion in the India Tiles Market. Moreover, the companies look forward to provide after sale services such as providing free installation of tiles to their customers, to create a brand value in the eyes of their customers.
The India Wall & Floor Tiles market is estimated to register positive CAGR during the period FY’2018-2022. Future rise in the number of residential units and commercial spaces due to migration of rural people to urban areas, increase in government initiatives towards infrastructural growth, increase in the personal disposable income in India and anticipated innovations in the tiles industry are expected to drive the market in the forecast period. 
The report provides information the type of tiles, type of material used, the design & colour preferences, standard sizes and the price analysis. It also covers the company profiles of the major players in the market i.e. Kajaria Ceramics Limited, NITCO Limited, Somany Ceramics Limited, H&R Johnson India and others.
Key Topics Covered in the Report
India Granite Flooring Industry
Ceramic Tiles Industry in India
Tile Market Size Forecast
Tile Export from India
India Tiles Market Size
Production Tiles in India
India Vitrified Tiles Market
India Ceramic Tile Market
Ceramic Tiles Growth India
India Wooden Flooring Market
Tile Manufacturing Hub in India
Margin in Tile Business India
Major Tile Producers in India
For more information on the research report, refer to below link:
Related Reports by Ken Research
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204