Real Estate Boom and Rising Disposable Income Set to Drive Ceramic Tiles Market in India
Mumbai, India, February 06, 2013 --(PR.com
)-- The Ceramic Tile Market in India is showing remarkable growth owing to the booming real estate sector along with the rising disposable income among consumers. Consumers are becoming conscious and this aesthetic sense of the consumers is leading to its increased consumption.
The demand for ceramic tiles are also growing steadily due to its price competitiveness compared to marble. This is further aided in the availability of ceramic tiles in various designs and different prices. They are now available across retail outlets. All these factors are indicative of the bright future of the Indian ceramic tiles industry in the coming years.
The report begins with an introduction, classifying the ceramic tiles into wall tiles, floor tiles, vitrified tiles and industrial tiles. Then there is a brief regarding the growth of ceramic tiles and lastly the manufacturing procedures of ceramic tiles.
The Market Overview section provides a brief snapshot of the global and Indian ceramic tiles market. To begin with, it shows the global market size of ceramic tiles along with the globally top six major player’s production volume. After that there is details of the market size and growth of ceramic tiles market in India. The market share of organized and unorganized players is also shown. Subsequently a brief overview followed by market share of major players is demonstrated. Then a brief overview of the zone wise demand and supply of ceramic tiles in India is provided. Price-wise categorization of the Indian ceramic tiles market is also available.
ICCTAS section illustrates the role of the Indian Council of Ceramic Tiles and Sanitary ware. It also provides a brief overview of its objective and the key person of the organization. There is a list of members who are engaged with ICCTAS also mentioned in the report.
A separate section on import and export of ceramic tiles is also provided; highlighting the growth in import and export values over the years. Then, details regarding major importing and exporting nations are also provided.
Drivers and challenges section in the report provides a comprehensive set of factors which boosts and hinders the growth in the market. An analysis of the section brings forth the key drivers fueling growth in the market. The drivers for the market include real estate boom, rapid urbanization and increasing income, untapped market potential and replacement market.
The challenges identified, include tough competition from unorganized players, import of cheap tiles from China and rise in power and fuel cost.
Trends section in the report emphasizes on the recent trends in the ceramic tiles such as introduction of nano-technology, eco-friendly tiles, designer tiles, introduction of 3D, shift towards vitrified tiles, large distribution network and merger and acquisition.
The major concerns section discusses the problems arising due to increase in export of two essential raw materials of ceramic tiles.
The competitive landscape section profiles the major Indian players in the ceramic tile market which enables readers to get a clear picture of the current competitive scenario. The section lists the basic details of the players such as corporate information, business highlights and key members. The section also features financial analysis of key vendors which in turn provides us with the financial health of players.
The report concludes with a strategic recommendations section that provides suggestions and strategies for the existing and new players of the ceramic tiles market in India.