India Ceramic Sanitaryware Market |
Ceramic sanitaryware includes products used in washrooms such as washbasins, water closets and urinals made from ceramic materials. They are durable and easy to clean making them preferable for both domestic and commercial setups. Rapid urbanization and infrastructure development activities across India are fueling investments in real estate and construction sectors. This is anticipated to drive higher demand for ceramic sanitaryware as they are an inevitable requirement for residential as well as commercial washrooms.
Key players operating in the India Ceramic Sanitaryware are BASF SE, AkzoNobel
N.V., Henkel AG & Co.KGaA, Solvay SA, Huntsman Corporation, Eastman
Chemical Company, Lonza Group Limited, Procter & Gamble Co., Croda
International Plc., The Dow Chemical Company, Betco Corporation, Sealed Air
Corporation and Ecolab Inc. These players are focusing on new product launches
and expansion strategies to gain higher market share.
There exists massive opportunities for sanitaryware manufacturers in rural
areas of India. With growing urbanization and ‘Housing for All’ initiatives of
the government, demand from tier 2 and tier 3 cities is expected to surge in
the coming years. Manufacturers expanding distribution reach in these untapped
markets can gain significantly.
India
Ceramic Sanitaryware Market companies are also exploring opportunities
in global markets through partnerships, joint ventures and export focus.
Countries in Middle East, Southeast Asia and African regions with growing
construction activities present lucrative expansion avenues. Certifications for
quality products alongside competitive pricing will help Indian brands
establish strong foothold internationally.
Market Drivers
One of the key drivers for the market's growth is the growing construction
industry in India. Rapid urbanization and rising disposable income are fueling
demand for residential and commercial construction. This increased construction
activity generates demand for ceramic sanitaryware as they are an integral part
of any washroom infrastructure.
Market Restraints
The market can also be segmented based on technology into slip casting, pressure casting, tape casting, and isostatic casting. Among these, slip casting technology accounts for the largest share as it is a cost-effective technique for mass production of sanitaryware. The ability of slip casting to form complex shapes and sizes also contributes to its leading position in the Indian ceramic sanitaryware market.
Global Analysis
Regionally, western India dominates the ceramic sanitaryware market backed by prominent production clusters located in Gujarat. The availability of raw materials and skilled labor have supported the production of sanitaryware in the region over the years. Southern India is expected to witness the fastest growth during the forecast period due to rising urbanization, increasing disposable incomes, and improving basic sanitation facilities across Tamil Nadu, Karnataka, and Telangana.
Get
More Insights On, India
Ceramic Sanitaryware Market
Explore
More Related On, Cutting
Boards Market
0 Comments