India Ceramic Tile Market – Industry analysis and Forecast (2024-2030) by Product and Application

The India Ceramic Tile Market size was valued at USD 5.18 Billion in 2023 and the total India Ceramic Tile revenue is expected to grow at a CAGR of 9.1% from 2024 to 2030, reaching nearly USD 9.54 Billion. India has one of the fastest growing ceramic tiles markets in the world. Government on housing and sanitation, implementation of proposed goods and service tax, favorable demographic profile and increasing urbanization drives the India ceramic tile market. Increasing disposable income of nuclear families and untapped rural market, along with increase in personal disposable income, rising household disposable income and lower dependency ratio, the demand for additional housing units is expected to further propel market. Volatility in fuel prices and high transportation cost and Influx of regional players coupled with cheap imports from China are major constrain to market. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.India Ceramic Tile Market SnapshotTo know about the Research Methodology :- Request Free Sample Report Floor tile segment dominated with about half of the share. Wall tile, floor tile, vitrified and porcelain tile segments accounted for 40%, 48% and 12%. The booming demand for floor tiles prompted the entry of new players in the India ceramic tiles market. This can be attributed to its significance in various infrastructures such as residential, hospitals, educational, transport, commercial, institutional etc. Increased financial Institution support, Industrial and infrastructure development, growing IT, ITeS and associated industry in the urban cities drives the commercial segment market. Construction of multi-storeyed shopping malls across all major cities, estimated at approximately 25 Mn sq ft of organised retail space lead to boom of commercial segment in ceramic tiles industry in forecast period. While growing disposable income, government initiative towards “Home for all” drives the residential segment market residential segment experiences growth at faster pace. Residential segment will grow at higher rate as housing finance industry booming at 44% in India. New residential segment will grow at a significant rate. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding India ceramic tile market dynamics, structure by identifying and analyzing the market segments and project. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in India ceramic tile market.

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India Ceramic Tiles Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: USD 5.18 Billion
Forecast Period 2024 to 2030 CAGR: 9.10% Market Size in 2030: USD 9.54 Billion
Segments Covered: by Product Wall Tile Floor Tile Vitrified Tile Porcelain Tile
by Application Residential Replacement New Residential Commercial

India Ceramic Tile Market Key Player

1. Prism Cement 2. Kajaria Ceramics 3. Somany Ceramics 4. Nitco Tiles 5. Asian Granito 6. RAK Ceramic 7. Orient Bell Ceramic 8. Varmora 9. Sampolo 10. Sun Heart 11. Murudeshwar Ceramic 12. Marbomax 13. Decolight 14. Bell Granito 15. Simpolo 16. H&R Johnson Limited 17. Cera Sanitarware Ltd

Frequently Asked Questions:

1. Which region has the largest share in market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of market? Ans: The market is growing at a CAGR of 9.1% during forecasting period 2024-2030. 3. What is scope of the market report? Ans: Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the India Ceramic Tile Market size in 2023? Ans: The India Ceramic Tile Market size was USD 5.18 Billion in 2023. 5. What is the study period of this Market? Ans: The market is studied from 2023 to 2030. 6. Who are the key players in India Ceramic Tiles market? Ans: The important key players in the India Ceramic Tiles Market are – Prism Cement, Kajaria Ceramics, Somany Ceramics, Nitco Tiles, Asian Granito, RAK Ceramic, Orient Bell Ceramic, Varmora, Sampolo, Sun Heart, Murudeshwar Ceramic, Marbomax, Decolight, Bell Granito, Simpolo, H&R Johnson Limited, and Cera Sanitarware Ltd.

India Ceramic Tile Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: India Ceramic Tiles Market Size, by Market Value (US$ Bn) and by Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. India Ceramic Tiles Market Analysis and Forecast, by Product 6.1. Introduction and Definition 6.2. Key Findings 6.3. India Ceramic Tiles Market Value Share Analysis, by Product 6.4. India Ceramic Tiles Market Size (US$ Bn) Forecast, by Product 6.5. India Ceramic Tiles Market Analysis, by Product 6.6. India Ceramic Tiles Market Attractiveness Analysis, by Product 7. India Ceramic Tiles Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. India Ceramic Tiles Market Value Share Analysis, by Application 7.4. India Ceramic Tiles Market Size (US$ Bn) Forecast, by Application 7.5. India Ceramic Tiles Market Analysis, by Application 7.6. India Ceramic Tiles Market Attractiveness Analysis, by Application 8. India Ceramic Tiles Market Analysis 8.1. Key Findings 8.2. India Ceramic Tiles Market Overview 8.3. India Ceramic Tiles Market Value Share Analysis, by Product 8.4. India Ceramic Tiles Market Forecast, by Product 8.4.1. Wall Tile 8.4.2. Floor Tile 8.4.3. Vitrified Tile 8.4.4. Porcelain Tile 8.5. India Ceramic Tiles Market Value Share Analysis, by Application 8.6. India Ceramic Tiles Market Forecast, by Application 8.6.1. Residential Replacement 8.6.2. New Residential 8.6.3. Commercial 8.7. PEST Analysis 8.8. Key Trends 8.9. Key Developments 9. Company Profiles 9.1. Market Share Analysis, by Company 9.2. Competition Matrix 9.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 9.2.2. New Product Launches and Product Enhancements 9.2.3. Market Consolidation 9.2.3.1. M&A by Regions, Investment and Applications 9.2.3.2. M&A Key Players, Forward Integration and Backward Integration 9.3. Company Profiles: Key Players 9.3.1. Prism Cement 9.3.1.1. Company Overview 9.3.1.2. Financial Overview 9.3.1.3. Product Portfolio 9.3.1.4. Business Strategy 9.3.1.5. Recent Developments 9.3.1.6. Manufacturing Footprint 9.3.2. Kajaria Ceramic 9.3.3. Somany Ceramics 9.3.4. Nitco Tiles 9.3.5. Asian Granito 9.3.6. RAK Ceramic 9.3.7. Orient Bell Ceramic 9.3.8. Varmora 9.3.9. Sampolo 9.3.10. Sun Heart 9.3.11. Murudeshwar Ceramic 9.3.12. Marbomax 9.3.13. Decolight 9.3.14. Bell Granito 9.3.15. Simpolo 9.3.16. H&R Johnson Limited 9.3.17. Cera Sanitarware Ltd 10. Primary Key Insights
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