Wednesday, January 17, 2018

Philippines Food Ingredients Market Research Report to 2021: Ken Research

How Philippines Food Ingredients Market is positioned?
The Philippines is ranked as the 12th most populous country in the world with a population size of ~ million in the year 2016. It has emerged as one of the rapidly growing foods and beverages industries in Asia region over the past. The increasing urbanization of the local population has changed the local retail food market, and is seen as the driver in the lifestyle change amongst consumers. Philippines food ingredients market generated revenues worth USD ~ million in the year 2011. The revenue generation increased to USD ~ million in 2013 by a two year CAGR of ~%. The demand in Philippines food ingredients market basically comprises of various types of food ingredients such as functional foods, sugar substitutes, flavors, specialty starches, preservatives and food emulsifiers. Robust demand for the packaged foods owing to the changing lifestyle, and the purchasing power of people has majorly fueled growth for the food ingredients market in the Philippines. Uproar for the packaged foods being a key trend, owing to the changing lifestyle, tastes and preferences; and the purchasing power of consumers has majorly fueled growth for the food ingredients market in the Philippines.
Philippines Food Ingredients Market Segmentation
By Type of Ingredients
The flavors segment in the country dominated the Philippines food ingredients market with revenue share worth ~% in the year 2016. It has been witnessed that people in the Philippines became bolder in their culinary adventures owing to increasing speed at which consumers are adopting new flavors. In terms of sales volume, the flavors segment was evaluated at ~ tonnes, thus capturing ~% of total sales in Philippines food ingredients market in 2016. Sweeteners followed the food flavors segment with revenue share worth ~% in the Philippines food ingredients market in 2016. On the other hand, colors, preservatives, fragrance and food ingredients such as acidulants, cultures, proteins, emulsifiers and co-emulsifiers, minerals, botanicals, carotenoids, cocoa liquor and powder, flavor enhancers, modified flour, PH / controlled salt, polysaccharides and oligosaccharides, raising agents and reducing agents, vitamins and derivatives collectively captured the remaining revenue share worth ~% in Philippines food ingredients market in the year 2016.
By Products Imported and Locally Manufactured
Imports of food ingredients majorly dominated Philippines food ingredients market with revenue share worth ~% in the year 2016. Importation of food in the Philippines is majorly dominated by the retailers whereas; locally manufactured food ingredients captured the remaining revenue share worth ~% in the year 2016.
By Food and Beverages
The processed foods segment including meal replacement and packaged foods collectively dominated Philippines food ingredients market with volume share worth ~% in the year 2016. On the other hand, the beverages segment captured the remaining volume share worth ~% in the Philippines food ingredients market in 2016.
Philippines Food Flavors Market
Philippines food flavors market generated revenues worth USD ~ million in the year 2011, thus evaluated at ~ tonnes. The revenue generation increased to USD ~ million in 2012, which was evident from ~% growth rate. The flavors trend in food continued to evolve as companies seek to meet the changing consumer tastes and preferences; expand into new customer groups; and bring more sophistication to brands. The beverages segment dominated Philippines food flavors market with volume share worth ~% in the year 2016 whereas, the packaged foods segment captured the remaining volume share worth ~% in Philippines food ingredients market in the year 2016. Flavor innovation coupled with the right message and aesthetic appeal, can provide the impetus to boost a stagnating category, create interest in an emerging sector and even drive a successful market entry for new or existing manufacturers in the Philippines.
Philippines Sweeteners Market
The growth in Philippines sweeteners market was evaluated at ~% in 2012. The revenues increased from USD ~ million in 2011 to USD ~ million in 2012 whereas the sales volume increased from ~ tonnes in 2011 to ~ tonnes in 2012. Artificial sweeteners are low-calorie or calorie-free chemical substances that are used instead of sugar to sweeten foods and drinks. The beverages segment dominated the Philippines sweeteners market with the sales of ~ tonnes of sweeteners, thus contributing ~% towards total sales volume in the year 2016.
Philippines Food Colors Market
Food colors play a significant role in the Philippines food additives market as they are often used in foods and beverages to incorporate a desired shade of color and improve consumer’s visual perception towards them. In 2016, the average price for food coloring (yellow/red/blue) was observed to be USD ~ per kg approximately; hence termed as affordable in the Philippines. The beverages segment dominated Philippines food colors market with volume share worth ~% of total sales volume in the year 2016 whereas; the packaged foods segment captured the remaining volume share worth ~% of total sales volume in 2016. Philippines food colors market is expected to grow owing to the rising demand for natural colors over synthetic ones in the country. Philippines food colors market is estimated to generate revenues worth USD ~ million by 2017 which is expected to increase to USD ~ million by the year ending 2021, thus growing at a CAGR of ~% over the forecast period 2017-2021.
Philippines Preservatives Food Ingredient market
Philippines preservatives food ingredient market generated revenues worth USD ~ million in 2011 followed by continuous growth pattern in the outlook period 2011-2013. Growing demand for processed foods, changing food consumption patterns and increasing disposable income are the major factors driving the demand for preservatives in the Philippines.
The packaged foods segment dominated Philippines preservatives food ingredient market by capturing ~% of total sales volume, thus evaluated at ~ tonnes in 2016 whereas, the beverages segment captured the remaining volume share worth ~% of total sales volume, thus evaluated at ~ tonnes in 2016. Improving employment in the Philippines alongside consumers juggling a hectic lifestyle has led to increasing demand for convenient and quick meal solutions, thus boosting the performance of canned/preservative food and packaging in the near future.
Philippines Fragrance Food ingredient Market
The Philippines food manufacturers have used essences and natural fragrances derived from herbs and fruits to enhance the aroma of food. Philippines fragrances food ingredient market attained its highest revenues in the year 2016 accounting to USD ~ million thus growing at a five year CAGR worth ~% for the period 2011-2016. In terms of sales volume, the Philippines fragrance market was evaluated at ~ tonnes in the year 2016. Philippines fragrance food ingredient market is estimated to generate revenues worth USD ~ million and sales volume of ~ tonnes by the year ending 2021.
Snapshot on Other Food Ingredients Market
Philippines cultures market generated volume share of ~% in 2016, Philippines emulsifiers market generated volume share of ~% in 2016, Philippines botanical extracts market generated volume share of ~% in 2016, Philippines carotenoids market generated volume share of ~% in 2016, Philippines flavor enhancers market generated volume share of ~% in 2016, Philippines modified flours market generated volume share of ~% in 2016, Philippines ph / controlled salt market generated volume share of ~% in 2016, Philippines polysaccharides & oligosaccharides market generated volume share of ~% in 2016, Philippines raising agents market generated volume share of ~% in 2016, Philippines reducing agents market generated volume share of ~% in 2016.
Trends and Developments in Philippines Food Ingredients Market
Spicy and exotic flavors, snacking and health and wellness are all at the forefront for consumer food preferences in 2017, and the millennial generation is frequently driving those choice options with their adventurous palates.
High level of concerns about many health conditions such as heart disease, having a stroke, diabetes, respiratory illness, being bedridden/wheelchair bound and cancer amongst the Philippine population has led to growing awareness regarding nutrition and nutritional food items in the country. Food flavor trends in the Philippines continue to evolve as food ingredients manufacturers seek to meet changing consumer tastes and preferences; expand into new customer groups and bring more sophistication to brands in the face of high levels of brand competition.
Comparative Landscape in Philippines Food Ingredients Market
Philippines food ingredients market is highly concentrated with the presence of manufacturers and distributors such as BNC Ingredients Corporation Philippines, TNC Chemicals Philippines Inc, Actron Industries Inc, NECO Chemicals Philippines Inc, Versa Group Philippines Corporation, DU Pont Philippines, New Flavor House Inc, SBS Philippines Corporation, Kerry Food Ingredients Philippines Inc and other players such as Achievers Food & Bakery Ingredients Corp and Applied Food Ingredients. Players operating in the food ingredients market compete on the basis of pricing, brand value, production capacity, domestic manufacturing / import and others. Local tastes and modern interpretations of Filipino dishes has led to growing popularity of Filipino cuisines over the globe, thus, driving the demand for mostly used food ingredients such as food flavors, sweeteners, food colors, preservatives and fragrance.
Future Outlook and Projections in Philippines Food Ingredients Market
Food is an important aspect of Philippine culture and Filipinos take their culture of food seriously. The cross-pollination of culinary influences in Philippine cuisine reflects the country’s colorful historical influences which are amplified and interpreted gastronomically for the world by a young breed of bold and tech-savvy Filipino chefs. Over the forecast period, Philippines food ingredients market will prepare itself to meet the future demand expected from the substantial investment proposed in key segments such as food flavors and sweeteners. In terms of sales volume, Philippines food ingredients market is evaluated at ~ million tonnes by 2019. Furthermore, increasing usage of food scanners in the Philippines will help to determine ingredients present, and compare the data to a person’s lifestyle, dietary choices and genomic background in near future. Food ingredients market in the Philippines is expected to generate revenues worth USD ~ million by the year ending 2021, thus growing at a CAGR of ~% for the projected period 2017-2021.
Companies Cited in the Report
List of Companies                                                                Companies Covered in the Report
BNC Ingredients Corporation Philippines
TNC Chemicals Philippines Inc
Actron Industries Inc
NECO Chemicals Philippines Inc
Versa Group Philippines Corporation                                      Major Players
DU Pont Philippines
New Flavor House Inc.
SBS Philippines Corporation
Kerry Food Ingredients Philippines Inc
Achievers Food & Bakery Ingredients Corp
Applied Food Ingredient
Key Topics Covered in the Report
Food Ingredients DuPont Sales
Competition Food Ingredients Market
Amino Acids Market in Philippines
Segment Growth Food Ingredient Philippines
Philippines Food Color Sales
Barentz Food ingredients Philippines Market Share
Food Ingredients Usage in Philippines
Food ingredients manufacturing Philippines
Other Food Ingredients in the Philippines
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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South Africa Agricultural Equipment Market was led by Export Demand backed with Increasing Need for Mechanization in the Agriculture Industry: Ken Research

Increasing need for accuracy, productivity & efficiency and growing demand for larger and four wheel tractors will majorly drive South Africa agriculture equipment market in upcoming years.

Agriculture has played an important role in the South African economy. It is one of the few countries in Africa which is economically developed and that has aided the adoption of agriculture machinery in the country. A large number of countries in the GCC and other parts of the Arab world are highly dependent on South Africa for vegetables, fruits and grains. The agriculture equipment market in the country has gained momentum after the economic recession of 2008 and in terms of market share South Africa is the largest market for farm equipment in Africa region. During the review period, farmers in the South Africa agriculture equipment market are supported by the government which has aided overall market growth. The agricultural equipment market witnessed major surge in demand from the tender business backed with huge demand for exports majorly from African countries. In recent years the demand of larger and four wheel tractors has inclined at a rapid pace driven by need for high productivity and efficiency in the agricultural fields.

The market witnessed volatile growth over the years majorly owing to huge drought in the country which resulted in import of food from foreign countries. Heavy drought, lack of skilled manpower, lack of awareness about new technologies, lack of purchasing power and fluctuating commodity prices have been major constraints of the market growth. The farmers and the government are focusing on overcoming market constraints thereby providing easy credits to purchase agriculture equipments. It was witnessed that agriculture machinery market was majorly driven by tractors and combine harvesters with a well developed ecosystem of manufacturing and sales by a number of regional manufacturers. Entry of new players in the market, growing demand for mechanization and huge export demand were the major growth drivers of South Africa agricultural equipment market during the review period.

The report titled “South Africa Agricultural Equipment Market by Major Products (Tractors, Combine Harvesters, Tractor Implements and Rice Transplanters), By Application (Land Development, Sowing & Planting, Weed Cultivation, Harvesting & Threshing, Post-harvest & Agro Processing), By Planting Equipment (Row Crop Planters, Air Seeders, Grain Drills and Others) and By Major Regions – Outlook to 2022” by Ken Research suggested that growth in international trade of agricultural equipment will majorly account for the overall revenue growth of South Africa agricultural equipment market in next 5 years till 2022.

Key Topics Covered in the Report
Agricultural Equipment Market in South Africa
Business Model in South Africa Agricultural Equipment Market
South Africa Agricultural Equipment market size
South Africa Tractor Market Size
Power Tillers Market Sales South Africa
South Africa Tractor Sales and Forecast
Combine Harvesters Demand in South Africa
Rice Transplants Market Size South Africa
South Africa Irrigation System Market
Drip Irrigation Systems Revenue South Africa
Sprinkler Irrigation Systems Revenue South Africa
Major Players in South Africa Agricultural Equipment Market
Agricultural Equipment Companies in South Africa
Competition in South Africa Agricultural Equipment Market
South Africa Combine Harvesters Market Revenue
Tractor Implements Market South Africa
South Africa Agricultural Equipment Market Future Growth
AGCO Corporation Agricultural Equipments Market Share
Agromaster Revenue from Agricultural Equipment
John Deere Revenue from Agricultural Equipment
Escort Group competitors South Africa
Future of South Africa Agricultural Equipment Market
Upcoming Trends in Agricultural Equipment Market South Africa
Area under Cultivation South Africa
Crop Production South Africa
South Africa GDP from Agriculture
Import and Export Scenario South Africa Agriculture Equipment
Smart Agriculture South Africa

For more information on the research report, refer to below link:
https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/south-africa-agricultural-equipment-market/142610-104.html

Related Reports by Ken Research
https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/india-agricultural-implement-market/106722-104.html

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/egypt-agricultural-machinery-market-report/87315-104.html

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/indonesia-farm-tractor-market-report/53418-104.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing
sales@kenresearch.com
+91-124-4230204
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Malaysia Tiles Market Research Report to 2021: Ken Research

How Tiles Market Is Positioned in Malaysia?
In earlier times, people had cemented floors in their houses and other places such as office, retail outlets and others. With the rise in standard of living, tiles for floors were introduced in the market which had quality as well as aesthetic beauty. This attracted the customers to use the tiles not only in their residential property but in commercial property also. The availability and natural abundance of raw materials is the greatest strength of Malaysia tiles industry.
Malaysia tiles market grew at a five year CAGR of ~% during period 2011-2016. The revenue of the industry nearly doubled from USD ~ billion in 2011 to USD ~ billion in 2016 owing to the increase in demand for tiles due to residential units, commercial spaces, hospitality sector and others requiring both new and replacement tiles. The tiles market was evolved and the population started choosing tiles over wallpapers due to the factors such as reliability and quality. The FMCG sector and retail sector grew in the review period that has led to increased demand of tiles in Malaysia.
Malaysia tile industry is saturated and fragmented in nature with various organized and unorganized players operating in the space. Established players are already having strong presence in the market and hence new players can enter the market only when it is a big brand or there is a big merger or acquisition.
The big players concentrate on the exports majorly whereas the small players cater to the domestic demand for tiles in the country. There is a high amount of imports and exports that takes place in tiles industry of the country not only for the finished products but for raw materials also. The parameters used for competition between the companies include quality, variety, price, location of plant and branding.
The major firms in Malaysia Tiles market capturing ~% market in terms of revenue include Guocera, MML, Niro Ceramic Group, White Horse, Kim Hin Industry Berhad, YI-LAI Berhad, Johan holdings and Seacera Group Berhad.
Market Segmentation by Type of Tile (Floor Tile, Wall Tile and Roof Tile)
Floor tiles dominated the tiles industry in Malaysia with ~% revenue share in the total tiles market owing to the highest demand and application of these tiles. Tiles market started with the usage for floor purposes and with the rising living standards and disposable incomes, people preferred to use floor tiles instead of stones and cement. Porcelain tiles are most used and demanded in floor tiles across the country which makes a positive impact on the market. The major market players in the floor tile industry are Niro, White Horse, SP Wong, Feruni, Super Ceramics and others.
Wall tile attributed to the second highest revenue in Malaysia tiles industry accounting to ~% in 2016. The country’s population prefers cement, wallpapers, paint or bricks instead of wall tiles due to which wall tiles generated less revenue as compared to the floor tile. The market for wall tile has enhanced over the years with the rising application of wall tiles in residence, hotels, hospitals, food chains, airports, institutions and commercial buildings.
Roof tile in Malaysia accounted to the least revenue in overall tiles market in Malaysia with ~% share in 2016.
Market Segmentation by Material/Process (Porcelain, Ceramic and Others)
Porcelain tiles accounted for the highest revenue in the overall tiles industry in Malaysia with ~% share in 2016. The prices of porcelain tiles are higher compared to other types of tiles which cause higher revenue generation by this segment. Porcelain has a low water absorption rate, design versatility, greater stain resistance, high durability and density which make it more suitable for customers to purchase it.
Ceramic tiles attributed for second largest revenue share of ~% in the overall tiles market in 2016. The revenue generated by the ceramic tiles was lower than that of porcelain owing to less demand of these tiles and the fact that the price of ceramic tiles is lower than that of the porcelain tiles. Ceramic tiles are a popular choice for wall application in the country and are mostly used in offices, bathrooms and kitchens.
Other Floor tiles accounted ~% revenue share in Malaysia tiles market in 2016. It includes concrete and vinyl tiles. Other wall tiles include concrete vinyl, and clay. Demand for tiles made of other material than porcelain and ceramic is very low and is generally used for special application.
Market Segmentation by Market Organization (Organized and Unorganized)
The firms having the revenue of more than USD ~ billion are considered under organized sector and has accounted for ~% of the overall tiles market in Malaysia in 2016 in terms of revenue. The company such as Guocera Tile Industries Sdn. Bhd., Malaysian Mosaics Bhd., Niro Ceramics Sdn. Bhd., White Horse Bhd. and Kim Hin Industry Berhad are the leading players in the organized sector of the tiles industry. The organized sector supplies the products on higher prices as compared to the unorganized sector and generally there is demand for new tiles from the organized companies. The manufacturing clusters of the organized firms are located in places including Johar, Klang, Labuan, Pasir Gudang, Tanjung Langsat and others.
The firms that have revenue less than USD ~ billion are considered under unorganized sector and accounted for ~% of the overall tiles market in Malaysia in 2016 in terms of revenue. Various companies that fall under the unorganized sector include Yi-Lai Bhd., Johan Ceramics, Seacera and others. Since, there is lower number of unorganized players hence the revenue generation from the unorganized sector was lower compared to the organized sector.
Market Segmentation by Regional Sales (Southern and Central Region, Western Region, Eastern Region and Northern Region)
The southern and central region of Malaysia accounted 80.0% in total sales of tiles in the country in 2016 owing to high number of commercial and residential buildings. Places including Meleka, Kuala Lumpur, Bahu, Johar and others fall under this category. The sourthern region of the country is the major hub for the manufacturing of tiles and hence attributed to the revenues of tile industry in Malaysia in 2016.
The western region of Malaysia accounted to ~% of sales for tiles in the country in 2016 owing to high number of commercial and residential buildings. Companies like Ibraco and Sunway Nexis are also located in western Malaysia.
The eastern region of Malaysia accounted to ~% of sales for tiles in the country in 2016 owing to commercial and residential sector demanding tiles from area such as Pehang.
The northern region of Malaysia has accounted to ~% of sales for tiles in the country in 2016 owing to commercial and residential sector demanding tiles from area such as Kedah.
Trends & Developments
Rising Number of Households: The expanding residential sector in the country has triggered the demand for tiles in Malaysia in past few years.  The residential units inclined from ~ thousand in 2011 to ~ thousand in 2016 owing increase in the number of residential units and population growth over the years. The rise in residential sector has led the population to opt for various kinds of tiles according to their requirements.
Corporate Inclination towards Carpet Tiles: The tile industry has been following new technologies and has been launching new variants in the country. Carpet tiles are a new concept tiles and this category is heavily favored by the corporate clients.
Consumer Preference from Ceramic to Porcelain: The consumer preference for tiling has been changing from the ceramic tiles to the porcelain tiles. Porcelain tiles accounted for the highest revenue in the overall tiles industry in Malaysia with ~% share in 2016 and it is expected to capture ~% of revenue share in 2021. Porcelain tiles are new in market compared to the ceramic tiles and with time, the trend of population purchasing porcelain for wall and floor tiling has been rising.
Growing tourism: The increase in tourism has led to construction, development and renovation of the spaces such as hotels, hospitals, markets and others. This has further led to rise in the demand of tiles for floor and wall application in case of new and replacement tiles.
Rising Popularity of Modern Houses: The modern houses coupled with people preference for aesthetic beauty and value for money has made tiles as a choice for flooring, wall and roof application which has affected the tile industry in Malaysia positively.
Future Growth of Malaysia Tiles Market
Malaysia tiles market is expected to grow at a CAGR of ~% during 2016-2021 from USD ~ billion in 2016 to USD ~ billion in 2021 owing to urbanization and rising disposable income. The number of households is anticipated to increase by 2021 raising the demand for tiles. This can be advocated to the fact that there are various projects in pipeline in the country. The commercial spaces also demand the floor and wall tiles and the increase in commercial spaces in future will lead to incline in the requirement of the tiles. It is anticipated that the number of hotels will increase at a CAGR of ~% during 2016-2021 reaching ~ numbers of hotels in 2021. The increase in hotels is highly correlated to the demand of tiles. Hence the market will be affected positively. Latest innovations, new launches and replacement tiles are expected to trigger the demand for tiles in the country. Floor tiles are expected to dominate the tiles industry in Malaysia in 2021 with ~% revenue share owing to the highest demand and application of these tiles. Wall tile is anticipated to be the second highest revenue generation segment in the overall Malaysia tiles industry accounting to ~% revenue in 2021. Roof tile in Malaysia is anticipated to generate least revenue in overall tiles market in Malaysia with ~% share in 2021. 
Companies Cited in the Report
List of Companies                     Companies Covered in the Report
Guocera
MML
Niro Ceramic Group
White Horse                              Major Players in Malaysia Tiles Market
Kim Hin Industry Berhad
YI-LAI Berhad
Johan holdings
Seacera Group Berhad
Key Topics Covered in the Report
Tiles Production Malaysia
Wall Tiles Market Malaysia
Ceramic Tiles Sales Yi-LAI
Bathroom Tiles Market Malaysia
Ceramic tiles Market Malaysia
Kitchen Tiles Industry Malaysia
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Malaysia Tiles Market is expected to reach USD 5.7 billion by 2021: Ken Research

Malaysia Tiles Market By Type of Tile (Floor Tile, Wall Tile and Roof Tile), By Material/Process (Porcelain, Ceramic and Others), By Market Organization (Organized and Unorganized), By Regional Sales (Southern and Central Region, Western Region, Eastern Region and Northern Region), By Residential and Commercial Sales, By Exports and Domestic Sales and By Application (Bathroom Tiles, Façade Tiles, Home tiles, Office tiles, Tiles used in shopping malls/Retail outlets, Tiles used at airports and stations and Tiles used in hospitals)
The rising number of households is expected to increase demand for the tiles in Malaysia making a positive impact on the market in the country.
Malaysia Tiles market has shown an impressive growth rate in 2016 owing to growth of tourism in the country and the trend is expected to follow.
The corporate inclination towards carpet tiles in Malaysia is expected to affect the tiles market in a positive manner.
The expanding residential sector in the country has triggered the demand for tiles in Malaysia in past few years.  The residential units inclined from 2011 to 2016 owing to population growth and urbanization over the years. The rise in demand from residential sector has led to manufacturing of various kinds of tiles according to their requirements. In Budget 2017, the Government reaffirmed its focus on initiatives including PR1MA, People’s Housing Programme and People’s Friendly Homes. This is expected to affect the tile market in Malaysia in a positive manner as there will be demand for both new and replacement tiles by the sector in the country.
The inflow of foreigners in the country has increased owing to job opportunities, tourist attractions, education institution, patients visiting hospitals and other reasons. The increase in tourism has led to construction, development and renovation of the spaces such as hotels, hospitals, markets and others. This has further led to rise in the demand of tiles for floor and wall application in case of new and replacement tiles.
The tile industry has been following new technologies and has been launching new variants in the country. Serving a typical set of benefits, carpet tiles are coming forth as a modern category in tiling industry favored heavily by the corporate sector of Malaysia. This category of flooring tile, backed by designer recommendations, mitigates installation clutch, flexibility to the user in terms of knack to mutate (designs and colors), functionality and designer friendly replacement countenance. With emerging commercial startups this soft flooring industry will continue to face rapid expansion with emerging institutional sector. Similar trends are expected to be adapted by residential sector stimulating the trend further. With the rise in commercial establishment especially springing startup offices, a sustained shift is witnessed from ceramic and porcelain to carpet tiles
Ken Research in its latest study, Malaysia Tiles Market by Type (Floor Tile, Wall Tile and roof Tile), by Material/Process (Porcelain, Ceramic and Others) – Outlook to 2021 suggests that Guocera, MML, Niro Ceramic Group), White Horse, Kim Hin Industry Berhad, YI-LAI Berhad, Johan holdings and Seacera Group Berhad will remain the major tile manufacturers in this space.
Malaysia Tiles Market is projected to register a positive CAGR during the period 2016-2021. Rising export sales to other countries, consumer preference from ceramic to porcelain and rising popularity of modern houses is expected to drive the Malaysia Tiles Market in the future.
The report provides information on market size of the Malaysia Tiles Market, market segmentation on the basis of type of tile, material, market organization, regional sales, residential and commercial sales, by exports and domestic sales and by application.
Key Topics Covered in the Report
Wooden Flooring Market Malaysia
Sales Tiles Malaysia
MML Tiles Market Malaysia
Kim Hin Industry Tiles Sales
Guocera Malaysia Tiles
Tile Manufacturer Malaysia White Horse
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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