Ceramic Tiles Industry In India 2017

Ceramic tiles market size was more than usd 87 billion in 2017 and will witness 9 9 cagr during the forecast timespan.

Ceramic tiles industry in india 2017.

Indian ceramic tiles market is one of the fastest growing markets in the world but currently has low per capita consumption in comparison with other developed nations. 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. The expansion comes on the back of 1 6 times annual jump in fy18 projects under execution under the pmay u and 42 per cent yoy pre sales growth in fy18 of listed real estate firms. Get more details on this report request free sample pdf rapid growth in building construction industry in regions especially asia pacific and latin america shall drive ceramic tiles demand over the forecast timeframe.

Yoy change in ceramic tile consumption in india 2007 2017 firms manufacturing ceramic tiles and flags in italy 2014 2017 by legal form diamond jewelry demand cagr forecast by country 2016 2030. Nitco has 5 major categories in tiles 1. Ceramic tiles market in india 2018 2023 has complete details about market of ceramic tiles industry ceramic tiles analysis and current trends. The indian tile industry despite an overall slowdown of the economy continues to grow at a healthy 15 per annum.

Exports 20 of its tile produce in 24 countries including the united states canada europe africa oman and uae. Manufacturing setup located in alibaug near mumbai where company manufactures an endless variety of world class tiles for high traffic and low traffic areas. Among the different types of ceramic tiles wall tiles constitute 50 of the market share followed by floor tiles 23 vitrified tiles and industrial tiles. Indian ceramic industry is dominated by ceramic tiles industry with market of 4 9 bln eur in 2017.

Ceramic tiles industry in india highlights. 1 after an essentially station ary 2015 2016 saw a re covery in global produc tion and consumption of ceramic tiles with. It can make a huge difference to the way your interiors and outdoors look and express. The ceramic tiles industry is likely to post volume growth of around 8 per cent in fy19e and nearly 13 per cent in fy20e.

Overall ceramic industry expected to grow at 9 cagr to become 7 5 bln eur by 2022 ceramic industry segmentation market size bln eur characteristics india is 2nd largest ceramic tiles producer in the world accounting for. Ceramic wall floor tiles 2. Ceramic tiles market in india 2017 tracks the long and rich history of ceramic tiles production the modern manufacturing process of various types of tiles and the dynamic global ceramic tiles market. Here we present a preview of the key figures.