MarkNtel Advisors recently published a detailed industry analysis of the India Ceramic Tiles Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
India Ceramic Tiles Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The India Ceramic Tiles Market is projected to grow at a CAGR of around 8.2% during the forecast period, i.e., 2023-28.
Key Findings in India Ceramic Tiles Market:
- Historical Analysis: 2018–2021
- Base Year: 2022
- Forecast Period: 2023–2028
Leading Market Players- Asian Granito, Cera Sanitary Ware, Ceramic, Euro Ceramics, Kajaria, Murudeshwar Ceramics Ltd, NITCO Ltd, Orient Bell Ltd, Somany, Others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the India Ceramic Tiles industry?
Rapid Urbanization of Indian States in recent years- As per the think tank of India, Niti Ayog, the number of inhabitants in Indian cities is estimated to have increased almost fourfold between 1970 and 2018, from 109 million to 460 million. Already the second-largest urban community in the world, India is expected to add another 416 million people to its cities by 2050 and have an urban share of the population of 50 percent. The expanding number of inhabitants due to migration has posed the inevitable need to expand cities, which in turn has led to the rapid urbanization of India in the past few years. The government is actively participating in this expansion and leaving no stone unturned to ensure improved road networks, urban transport, water supply housing, power-related infrastructures, smart cities, and other forms of urban management. These advancements automatically impact the residential and commercial construction markets in the country, which, in turn, positively influences the Indian ceramic tiles market in the coming years.
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What segments define the India Ceramic Tiles Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Type
- Conventional Ceramic Tiles
- Polished Vitrified Tiles
- Glazed Vitrified Tiles
By Application
- Floor Tires
- Wall Tiles
- Others
By Demand Application
- Fresh Sales
- Replacements
By End Users
- Homes
- Commercial Establishments
- Others
According to report, Here, the Homes segment acquired the leading position in the historical period.
By Distribution Channel
- Direct Sales
- Authorized Channel Partners
- Others
Geographical Analysis: India Ceramic Tiles Market
By Region
- East
- West
- North
- South
Explore the Complete India Ceramic Tiles Market Analysis Report – https://www.marknteladvisors.com/research-library/india-ceramic-tiles-market.html
India Ceramic Tiles Market Recent Development:
- July 2022: With its latest collection of an exquisite and elegant range of premium tiles, large slabs, sanitaryware, faucets, and bath ware products, Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands in India, organized ‘AGL Master Stroke 2022’. The brand further unveiled Fresco, an elegant range of mosaic and subway tiles.
- January 2022: Kajaria is looking forward to expanding its capacity at three sites in Gujarat, and Andhra Pradesh to add 12.4 million Square meters’ total capacity at Rs.250 crores. The target is to finish all three expansion projects by April 2022.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the India Ceramic Tiles Market?
- How is the India Ceramic Tiles Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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