Ceramic Tile Market In India

Government on housing and sanitation implementation of proposed goods and service tax favorable demographic profile and increasing urbanization drives the india ceramic tile market.

Ceramic tile market in india.

Total market in india. Domestic ceramic tiles manufacturers face challenges due to the rise in the cost of production which in turn hampers the profit margin of the manufacturers. In terms of volume india had manufactured ceramic tiles that could cover an area of 1080 mn sq. Initiatives such as swachh bharat abhiyan sba build ing of smart cities development of industrial corridors and housing for all.

The ceramics tiles market accounts for about 80 of the non resilient flooring market. Find here ceramic floor tiles ceramic flooring manufacturers suppliers exporters in india. However governmental regulations pertaining to the carbon emissions in the production of ceramic tiles hamper the market growth. 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.

India has one of the fastest growing ceramic tiles markets in the world. 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. Ceramic tiles are widely applicable in residential and commercial buildings owing to their durability and crack resistant nature. 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.

In terms of volume india had manufactured ceramic tiles that could cover an area of 1080 mn sq. Get contact details address of companies manufacturing and supplying ceramic floor tiles ceramic flooring across 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. India is one of the fastest growing ceramic tile markets in the world.

Key deterrents to the growth of the market. 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.