Ceramic Tiles Industry In India 2018

On the other the continued strong expansion of the indian tile industry which has seen.

Ceramic tiles industry in india 2018.

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. Ceramic tiles market size was more than usd 87 billion in 2017 and will witness 9 9 cagr during the forecast timespan. 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. One of the most defining aspects of 2018 was the opposing fortunes of the two largest producer countries china and india.

Ceramic tiles market in india 2018 2023 has complete details about market of ceramic tiles industry ceramic tiles analysis and current trends. 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. In the construction sector ceramic tiles are considered as one of the key elements which are mainly used for covering roofs walls and floors of different buildings as they are highly durable provide protection from abrasion and require low. The ceramic tiles industry is likely to post volume growth of around 8 per cent in fy19e and nearly 13 per cent in fy20e.

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. 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. In 2018 china was by far the leading ceramic tile manufacturer worldwide producing roughly 5 7 billion square meters of ceramic tile that year. Indian ceramic industry is dominated by ceramic tiles industry with market of 4 9 bln eur in 2017.

India was the second largest producer at 1 15. Ceramic tiles market in india 2018 2023 in the construction sector ceramic tiles are considered as one of the key elements which are mainly used for covering roofs walls and floors of different buildings as they are highly durable provide protection from abrasion and require low maintenance. 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.