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India Ceramic Tiles Market by Type (Ceramic, Vitrified, and Others), Application (Floor Tiles, and Wall Tiles), End User (Residential and Non-residential), and Construction Type (New Construction, and Renovation & Replacement): Opportunity Analysis and Industry Forecast, 2020–2027

A06525
Pages: 154
Jun 2020 | 120 Views
 
Author(s) : Amar Chinchane , Onkar Sumant
Tables: 48
Charts: 47
 

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India Ceramic Tiles Market Outlook - 2027

The India ceramic tiles market size was valued at $3,720.2 million in 2019, and is projected to reach $7,144.7 million by 2027, growing at a CAGR of 8.6% from 2020 to 2027. By volume, the market was 821 million square meter (MSM) in 2019, and is projected to reach 1,384 MSM by 2027, growing at a CAGR of 6.9% from 2020 to 2027.

Ceramic tiles are manufactured from clay for flooring choices. The ceramic tiles are made from raw materials such as kaolin, bentonite, sand, feldspar, and glass. They are most commonly used, owing to their features such as resistant to scratch, environment friendly, durable, and others. In addition, vitrified tiles are the type of ceramic tiles, which are used as alternative to granite and marble flooring. They are generally used for outdoor walls and flooring, owing to the properties such frost and water resistant. 

India Ceramic Tiles Market

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The Government of India has launched several programs which are helping tile industry to grow and flourish. The government has built more than 110 million toilets in the past 60 months to eliminate the open defecation in the country. Moreover, a program such as Swachh Bharat Mission (SBM) in urban and rural areas has successfully boosted the ceramic tile industry, owing to the growing demand of small size tiles. After the implementation of government programs such as cluster development program (MSE-CDP) ceramic tile industry has witness around 6% to 8% growth annually. In addition, under the MSE-CDP scheme, the government offers aid for infrastructure expansion and development of other technological and backup service. Similarly, under the Credit Linked Capital Subsidy Scheme (CLCSS), the Government of India provides around 15% capital subsidy for development of plant and installation of machinery.

India Ceramic Tiles Market
By Type

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Others segment is projected to grow at a highest CAGR

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The growth in urbanization boost the demand for residential and commercial construction market in the country, which has fueled rapid growth for the India ceramic tiles market. The recovery and growth in the construction industry is one of the major factors that drive the growth of the market. High demand for residential and commercial structure has significant impact on the growth of the India ceramic tiles market. India is witnessing an absolute growth in urban population, owing to growing income levels of the middle-class and stable democracy. Moreover, nearly 10 million people are migrating to the urban area every year in India, which is expected to form 77 new cities with more than 1 million populations by 2030. 

India Ceramic Tiles Market
By Application

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Wall Tiles segment holds dominant position in 2019

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However, the Goods and Services Tax (GST), low tile replacement rate, and popularity of natural stones for flooring hinder the growth of the India ceramic tiles market. Furthermore, technological advancements in tile production machines and innovations in tile printing technologies such as 3D printing, digital printing, and others is expected to offer lucrative opportunities for the market players. Moreover, such technologies are supporting the companies to manufacture mosaics designs rectangular to hexagon shapes or large-format slabs. Furthermore, the development of ink-jet digital printing technology is creating lucrative opportunity for the market growth. For example, in August 2019, the Mumbai based Monotech Systems Limited developed Pixeljet UV wide-format series of printers, which provides seven varieties of wide-format for attractive tile printing.

India Ceramic Tiles Market
By End-User

2027
Residential 
Non-residential

Residential segment holds a dominant position in 2019 and is expected to grow at a highest rate during the forecast period.

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The India ceramic tiles market is segmented on the basis of type, end user, application, and construction type. The market segmentation based on type includes ceramic, vitrified, and others. Based on application, the market is bifurcated into floor tiles and wall tiles. By end user, the market is segmented into residential and non-residential. Based on construction type, the market is bifurcated into new construction and renovation & replacement.

Competition Analysis

The key companies profiled in the India ceramic tiles market report include Kajaria, Somany, Prism Johnson, Asian Granito, RAK Ceramics, Simpolo, Varmora, Orient Bell Ceramics, Nitco Tiles, and Sun Heart.

The major players operating in the India ceramic tiles market have adopted key strategies such as product launch and business expansion to strengthen their market outreach and sustain the stiff competition in the market. For instance, in June 2019, Asian Granito India Ltd opened its display showroom with a wide range of tiles and sanitaryware at Himmatnagar, Gujarat. The 25,000 sq ft showroom will have an exclusive range of products such as ceramic tiles, vitrified tiles, outdoor, marble, composite marble, and others. The showroom has a wide range of 1,400 + products in all sizes and designs.

Key Benefits for Stakeholders:

  • The report provides an extensive analysis of the current and emerging India ceramic tiles market trends and dynamics.  
  • In-depth India ceramic tiles market analysis is conducted by constructing estimations for the key segments between 2019 and 2027. 
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The India ceramic tiles market forecast analysis from 2020 to 2027 is included in the report.
  • The key market players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the ceramic tiles market industry. 

India Ceramic Tiles Market Segments:

By Type

  • Ceramic
  • Vitrified
  • Others

By Application

  • Floor Tiles
  • Wall Tiles

By End User

  • Residential
  • Non-residential

By Construction Type

  • New Construction
  • Renovation & Replacement

Key Players

  • Kajaria
  • Somany
  • Prism Johnson
  • Asian Granito
  • RAK Ceramics
  • Simpolo
  • Varmora
  • Orient Bell Ceramics
  • Nitco Tiles
  • Sun Heart
 


CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1.1. Top impacting factors
3.2.1.2. Top investment pockets
3.2.1.3. Top winning strategies

3.3. MARKET PLAYER POSITIONING, 2019
3.4. Porter's five forces analysis

3.4.1. Low to High bargaining power of suppliers
3.4.2. Low to Moderate bargaining power of buyers
3.4.3. Moderate to high threat of substitutes
3.4.4. Moderate to High intensity of rivalry
3.4.5. Moderate to High Threat of Substitution

3.5. Value chain analysis
3.6. Industry pain point analysis
3.7. Market dynamics

3.7.1. Drivers

3.7.1.1. Government programs to support tile industry
3.7.1.2. Rapid urbanization
3.7.1.3. Steady growth of the real estate sector

3.7.2. Restraints

3.7.2.1. Impact of Goods and Services Tax (GST)
3.7.2.2. Popularity of natural stones for flooring

3.7.3. Opportunities

3.7.3.1. Implementation of advanced digital printing

CHAPTER 4: INDIA CERAMIC TILES MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast, by type
4.1.2. Market volume and forecast, by type

4.2. Ceramic

4.2.1. Key market trends, growth factors, and opportunities

4.2.1.1. Market size and forecast
4.2.1.2. Market volume and forecast

4.3. Vitrified

4.3.1. Key market trends, growth factors, and opportunities

4.3.1.1. Market size and forecast
4.3.1.2. Market volume and forecast

4.4. Others

4.4.1. Key market trends, growth factors, and opportunities

4.4.1.1. Market size and forecast
4.4.1.2. Market volume and forecast

CHAPTER 5: INDIA CERAMIC TILES MARKET, BY APPLICATION

5.1. Overview

5.1.1. Market size and forecast, by application
5.1.2. Market volume and forecast, by application

5.2. Wall tiles

5.2.1. Key market trends, growth factors, and opportunities

5.2.1.1. Market size and forecast
5.2.1.2. Market volume and forecast

5.3. Floor tiles

5.3.1. Key market trends, growth factors, and opportunities

5.3.1.1. Market size and forecast
5.3.1.2. Market volume and forecast

CHAPTER 6: INDIA CERAMIC TILES MARKET, BY END USER

6.1. Overview

6.1.1. Market size and forecast, by end user
6.1.2. Market volume and forecast, by end user

6.2. Residential

6.2.1. Key market trends, growth factors, and opportunities

6.2.1.1. Market size and forecast
6.2.1.2. Market volume and forecast

6.3. Non-Residential

6.3.1. Key market trends, growth factors, and opportunities

6.3.1.1. Market size and forecast
6.3.1.2. Market volume and forecast

CHAPTER 7: INDIA CERAMIC TILES MARKET, BY CONSTRUCTION TYPE

7.1. Overview

7.1.1. Market size and forecast, by construction type
7.1.2. Market volume and forecast, by construction type

7.2. New Construction

7.2.1. Key market trends, growth factors, and opportunities

7.2.1.1. Market size and forecast
7.2.1.2. Market volume and forecast

7.3. Renovation & Replacement

7.3.1. Key market trends, growth factors, and opportunities

7.3.1.1. Market size and forecast
7.3.1.2. Market volume and forecast

CHAPTER 8: COMPANY PROFILES

8.1. Asian Granito India Ltd.

8.1.1. Company overview
8.1.2. Key executive
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. R & D expenditure
8.1.7. Business performance
8.1.8. Key strategic moves and developments

8.2. Kajaria Ceramic Ltd.

8.2.1. Company overview
8.2.2. Key executive
8.2.3. Company snapshot
8.2.4. Operating segments
8.2.5. Product portfolio
8.2.6. R & D expenditure
8.2.7. Business performance
8.2.8. Key strategic moves and developments

8.3. Nitco Limited.

8.3.1. Company overview
8.3.2. Key executive
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. R&D expenditure

8.3.7. Business performance

8.4. Orient Bell Limited.

8.4.1. Company overview
8.4.2. Key executive
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.4.7. Key strategic moves and developments

8.5. Prism Johnson Ltd.

8.5.1. Company overview
8.5.2. Key executive
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. R & D expenditure
8.5.7. Business performance
8.5.8. Key strategic moves and developments=

8.6. RAK Ceramics.

8.6.1. Company overview
8.6.2. Key executive
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.6.7. Key strategic moves and developments

8.7. Simpolo Ceramics Pvt Ltd.

8.7.1. Company overview
8.7.2. Key executive
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Key strategic moves and developments

8.8. Somany Ceramics Ltd.

8.8.1. Company overview
8.8.2. Key executives
8.8.3. Company snapshot
8.8.4. Operating segments
8.8.5. Product portfolio
8.8.6. Business performance
8.8.7. Key strategic moves and developments

8.9. Sunshine Tiles Co Pvt Ltd.

8.9.1. Company overview
8.9.2. Key executive
8.9.3. Company snapshot
8.9.4. Operating Segments
8.9.5. Product portfolio
8.9.6. Key strategic moves and developments

8.10. Varmora Granito Pvt Ltd.

8.10.1. Company overview
8.10.2. Key executive
8.10.3. Company snapshot
8.10.4. Operating segments
8.10.5. Product portfolio

LIST OF TABLES

TABLE 01. INDIA CERAMIC TILES MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 02. INDIA CERAMIC TILES MARKET, BY TYPE, 2019-2027 (MSM UNITS)
TABLE 03. INDIA CERAMIC TILES MARKET, BY APPLICATION 2019-2027 ($MILLION)
TABLE 04. INDIA CERAMIC TILES MARKET, BY APPLICATION, 2019-2027 (MSM UNITS)
TABLE 05. INDIA CERAMIC TILES MARKET REVENUE, BY END USER, 2019-2027 ($MILLION)
TABLE 06. INDIA CERAMIC TILES MARKET VOLUME, BY END USER, 2019-2027 (MSM)
TABLE 07. INDIA CERAMIC TILES MARKET REVENUE, BY CONSTRUCTION TYPE, 2019-2027 ($MILLION)
TABLE 08. INDIA CERAMIC TILES MARKET REVENUE, BY CONSTRUCTION TYPE, 2019-2027 ($MILLION)
TABLE 09. ASIAN GRANITO INDIA LTD.: KEY EXECUTIVE
TABLE 10. ASIAN GRANITO INDIA LTD.: COMPANY SNAPSHOT
TABLE 11. ASIA GRANITO INDIA LTD.: OPERATING SEGMENTS
TABLE 12. ASIA GRANITO INDIA LTD: PRODUCT PORTFOLIO
TABLE 13. KAJARIA CERAMICS LTD: KEY EXECUTIVE
TABLE 14. KAJARIA CERAMICS LTD: COMPANY SNAPSHOT
TABLE 15. KAJARIA CERAMIC LTD: OPERATING SEGMENTS
TABLE 16. KAJARIA CERAMICS LTD: PRODUCT PORTFOLIO
TABLE 17. NITCO LIMITED: KEY EXECUTIVE
TABLE 18. NITCO LIMITED: COMPANY SNAPSHOT
TABLE 19. NITCO LIMITED: OPERATING SEGMENTS
TABLE 20. NITCO LIMITED: PRODUCT PORTFOLIO
TABLE 21. ORIENT BELL LIMITED: KEY EXECUTIVE
TABLE 22. ORIENT BELL LIMITED: COMPANY SNAPSHOT
TABLE 23. ORIENT BELL LIMITED: OPERATING SEGMENTS
TABLE 24. ORIENT BELL LIMITED: PRODUCT PORTFOLIO
TABLE 25. PRISM JONHSON LTD.: KEY EXECUTIVE
TABLE 26. PRISM JOHNSON LTD: COMPANY SNAPSHOT
TABLE 27. PRISM JOHNSON LTD: OPERATING SEGMENTS
TABLE 28. PRISM JOHNSON LTD.: PRODUCT PORTFOLIO
TABLE 29. RAK CERAMICS: KEY EXECUTIVE
TABLE 30. RAK CERAMICS: COMPANY SNAPSHOT
TABLE 31. RAK CERAMICS: OPERATING SEGMENTS
TABLE 32. RAK CERAMICS: PRODUCT PORTFOLIO
TABLE 33. SIMPOLO CERAMICS PVT LTD: KEY EXECUTIVE
TABLE 34. SIMPOLO CERAMICS PVT LTD: COMPANY SNAPSHOT
TABLE 35. SIMPOLO CERAMICS PVT LTD.: OPERATING SEGMENTS
TABLE 36. SIMPOLO CERAMICS PVT LTD.: PRODUCT PORTFOLIO
TABLE 37. SOMANY CERAMICS LTD: KEY EXECUTIVE
TABLE 38. SOMANY CERAMICS LTD: COMPANY SNAPSHOT
TABLE 39. SOMANY CERAMICS LTD: OPERATING SEGMENTS
TABLE 40. SOMANY CERAMIC LTD: PRODUCT PORTFOLIO
TABLE 41. SUNSHINE TILES CO PVT LTD: KEY EXECUTIVE
TABLE 42. SUNSHINE TILES CO PVT LTD: COMPANY SNAPSHOT
TABLE 43. SUNSHINE TILES CO PVT LTD.: OPERATING SEGMENTS
TABLE 44. SUNSHINE TILES CO PVT LTD: PRODUCT PORTFOLIO
TABLE 45. VARMORA GRANITO PVT LTD: KEY EXECUTIVE
TABLE 46. VARMORA GRANITO PVT LTD.: COMPANY SNAPSHOT
TABLE 47. VARMORA GRANITO PVT LTD: OPERATING SEGMENTS
TABLE 48. VARMORA GRANITO PVT LTD.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. TOP IMPACTING FACTORS
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. TOP WINNING STRATEGIES, BY YEAR, 2017–2020
FIGURE 06. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 07. TOP WINNING STRATEGIES, BY COMPANY, 2017–2020
FIGURE 08. MARKET PLAYER POSITIONING, 2019
FIGURE 09. VALUE CHAIN ANALYSIS
FIGURE 10. CERAMIC TILES MARKET BY CERAMIC TYPE REVENUE, 2019–2027($MILLION)
FIGURE 11. CERAMIC TILES MARKET BY CERAMIC TYPE VOLUME, 2019–2027(MSM)
FIGURE 12. CERAMIC TILES MARKET BY VITRIFIED TYPE REVENUE, 2019–2027($MILLION)
FIGURE 13. CERAMIC TILES MARKET BY VITRIFIED TYPE VOLUME, 2019–2027(MSM)
FIGURE 14. CERAMIC TILES MARKET BY OTHERS TYPE REVENUE, 2019–2027($MILLION)
FIGURE 15. CERAMIC TILES MARKET BY OTHERS TYPE VOLUME, 2019–2027(MSM)
FIGURE 16. WALL CERAMIC TILES MARKET REVENUE, 2019–2027($MILLION)
FIGURE 17. WALL CERAMIC TILES MARKET VOLUME, 2019–2027(MSM)
FIGURE 18. FLOOR CERAMIC TILES MARKET REVENUE, 2019–2027($MILLION)
FIGURE 19. FLOOR CERAMIC TILES MARKET VOLUME, 2019–2027(MSM)
FIGURE 20. RESIDENTIAL CERAMIC TILES MARKET REVENUE, 2019–2027($MILLION)
FIGURE 21. RESIDENTIAL CERAMIC TILES MARKET VOLUME, 2019–2027(MSM)
FIGURE 22. NON-RESIDENTIAL CERAMIC TILES MARKET REVENUE, 2019–2027($MILLION)
FIGURE 23. NON-RESIDENTIAL CERAMIC TILES MARKET VOLUME, 2019–2027(MSM)
FIGURE 24. CERAMIC TILES MARKET REVENUE FOR NEW CONSTRUCTION, 2019–2027($MILLION)
FIGURE 25. CERAMIC TILES MARKET VOLUME FOR NEW CONSTRUCTION, 2019–2027(MSM)
FIGURE 26. CERAMIC TILES MARKET REVENUE FOR RENOVATION & REPLACEMENT, 2019–2027($MILLION)
FIGURE 27. CERAMIC TILES MARKET VOLUME FOR RENOVATION & REPLACEMENT, 2019–2027(MSM)
FIGURE 28. ASIAN GRANITO INDIA LTD: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 29. ASIAN GRANITO INDIA LTD: REVENUE, 2017–2019 ($MILLION)
FIGURE 30. ASIAN GRANITO INDIA LTD: REVENUE SHARE BY REGION, 2017–2019 ($MILLION)
FIGURE 31. KAJARIA CERAMICS LTD: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 32. KAJARIA CERAMICS LTD: REVENUE, 2017–2019 ($MILLION)
FIGURE 33. KAJARIA CERAMICS LTD: REVENUE SHARE BY SEGMENT, 2017–2019 ($MILLION)
FIGURE 34. NITCO LIMITED: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 35. NITCO LIMITED: REVENUE, 2017–2019 ($MILLION)
FIGURE 36. NITCO LIMITED: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 37. NITCO LIMITED: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 38. ORIENT BELL LIMITED: REVENUE, 2017–2019 ($MILLION)
FIGURE 39. ORIENT BELL LIMITED: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 40. PRISM JOHNSON LTD: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 41. PRISM JOHNSON LTD: REVENUE, 2017–2019 ($MILLION)
FIGURE 42. PRISM JOHNSON LTD: REVENUE SHARE BY SEGMENT, 2017–2019 ($MILLION)
FIGURE 43. RAK CERAMICS: REVENUE, 2017–2019 ($MILLION)
FIGURE 44. RAK CERAMICS: REVENUE SHARE BY SEGMENT, 2017–2019 ($MILLION)
FIGURE 45. RAK CERAMICS: REVENUE SHARE BY REGION, 2017–2019 ($MILLION)
FIGURE 46. SOMANY CERAMICS LTD: REVENUE, 2017–2019 ($MILLION)
FIGURE 47. SOMANY CERAMICS LTD: REVENUE SHARE BY SEGMENT, 2017–2019 ($MILLION)

 
 

The India ceramic tiles market has witnessed significant growth over the past decade, owing to increase in the commercial and residential construction projects in the country. For example, in January 2020, ANAROCK Group, a real estate services company, has planned to build the commercial spaces across seven cities in India. The plan aims to expand office assets and other commercial spaces. Hence, growth in the number of such projects is expected to increase the demand for ceramic tiles in the country. Furthermore, the factor such as increase in focus toward renovation and rebuilding the old structures significantly impact the market growth. In addition, increase in investment in commercial construction activities is expected to drive the growth of the India ceramic tiles market.

The market players are also establishing joint venture with other companies and enhancing their business growth to increase their market potential in terms of geographic and customer-base expansion. For example, in January 2020, Prism Johnson Ltd’s segment H&R Johnson India has entered into a partnership agreement with Small Tiles Pvt Ltd to establish a joint venture, with a 50% stake in small tiles to increase the production of the ceramic glazed floor tiles. Among the analyzed geographical type, the vitrified tiles segment has generated highest revenue in the India ceramic tiles market.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The India ceramic tiles market size was valued at $3,720.2 million in 2019.

A. Based on type, the ceramic segment holds the maximum market share of the India ceramic tiles market in 2019.

A. To get latest version of India ceramic tiles market report can be obtained on demand from the website.

A. The India ceramic tiles market is projected to reach $7,144.7 million by 2027.

A. The growing investments in the residential construction sector are the key trends in the India ceramic tiles market.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning.

A. The product launch is key growth strategy of India ceramic tiles industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. Implementation of Goods and Services Tax (GST) is the effecting factors for India ceramic tiles market.

A. Ans: Its application includes residential and non-residential.

 

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