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India Ceramic Tiles Market Analysis, 2020-2027 | Size, Share & Future Growth Opportunities

06-14-2021 09:12 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
India Ceramic Tiles Market

India Ceramic Tiles Market

The growth in urbanization boost the demand for residential and commercial construction market in the country, which has fueled rapid growth for the India ceramic tiles market. The recovery and growth in the construction industry is one of the major factors that drive the growth of the India ceramic tiles market. High demand for residential and commercial structure has significant impact on the growth of the India ceramic tiles market.

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According to a new report published by Allied Market Research, titled, “India Ceramic Tiles Market by Type, Application, End User, and Construction Type: Opportunity Analysis and Industry Forecast, 2020–2027,” the India ceramic tiles market size was valued at $3,720.2 million in 2019, and is projected to reach $7,144.7 million by 2027, growing at a CAGR of 8.6% from 2020 to 2027. By volume, the India ceramic tiles market was 821 million square meter (MSM) in 2019, and is projected to reach 1,384 MSM by 2027, growing at a CAGR of 6.9% from 2020 to 2027.

Covid-19 Impact Analysis

Ceramic and vitrified tiles manufacturing companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans. Thus, the manufacturers are trying to protect their workforce, and enhance the operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19. Such factor will hinder the market growth.

Key Players

The key companies profiled in the India ceramic tiles market report include Kajaria, Somany, Prism Johnson, Asian Granito, RAK Ceramics, Simpolo, Varmora, Orient Bell Ceramics, Nitco Tiles, and Sun Heart.

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Key Market Segments

By Type

Ceramic
Vitrified
Others

By Application

Floor Tiles
Wall Tiles

By End-User

Residential
Non-residential

By Construction Type

New Construction
Renovation & Replacement

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Contact:
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help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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