Ceramic manufacturers in India have a century-old history and have grown over time as an industrial base. The sector has evolved into a modern, world-class industry that is able to compete globally due to new product profiles, quality and design advancements. Despite the presence of several large ceramic firms, India's SMEs capture more than half of the market.
Market Overview for Ceramic Manufacturers in India
India is the second largest producer of ceramic tiles in the world, producing 7% of global production (955 million square metres).
The growing housing demand contributes 70% of the total tile demand in India. Local demand and exports will drive the ceramic industry.
The two largest export markets are the Middle East and Europe. Saudi Arabia receives a quarter of all ceramic exports.
The growth of the real estate industry, the government's low-cost housing program and the Swachh Bharat Abhiyan are estimated to increase the demand for sanitary equipment by up to 15%.
The tableware industry, which is generally unstructured and inadequately developed, has immense potential owing to the demand for a better lifestyle and rising expenditure on luxury products.
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