Ceramic Tiles Industry In India 2020

India s ceramic industry is looking to almost double its turnover to rs 50 000 crore by 2020 driven by rising domestic consumption and exports to the middle east europe and other newer destinations.
Ceramic tiles industry in india 2020. Tile exports from morbi have grown at 20 cagr during the last four years with new markets opening in indonesia philippines mexico brazil and nepal besides gcc. Nearly 62 per cent of incremental demand in fy20e would come from the price sensitive segment i e. 21 09 2020 gayatri marbles a new kajaria eternity world showroom inaugurated today in erode tamil nadu. India has one of the fastest growing ceramic tiles markets in the world.
The total indian ceramic tile industry is estimated at rs 26 000 crore in terms of turnover and another rs 10 000 crore in exports. Pmay u and clean india campaign rural. Government on housing and sanitation implementation of proposed goods and service tax favorable demographic profile and increasing urbanization drives the india ceramic tile market. This year tile manufacturers are reinventing the look in an abundance of colors details and applications for one of a kind styling.
The manufacturers are poised to compete with china in the global ceramic market which is a lead exporter with 40 per cent market share by expanding product portfolio and scouting for. We will see a shift towards ceramic tiles with big bold patterns that instantly catch the eye this year. Here are the top 10 tile trends for 2020. We provide more than 2800 options in ceramic wall floor tiles vitrified tiles designer tiles and much more.
The natural wood look has been a staple in the tile industry for years. India s number 1 tile company offering designer floor tiles wall tiles and bathroom tiles. Thanks to evolving technology the natural wood look remains uber popular in 2020. Global ceramic tiles market is expected to reach usd 125 32 billion by 2020 according to a new study by grand view research inc.
Construction industry growth in brics coupled with rising demand. Indian ceramics asia is india s leading annual trade fair and conference for ceramic and brick industry with presence of all leading companies showcase a wide range of ceramics and brick latest machinery high quality raw materials analysis and laboratory equipment technical ceramics equipment for storage materials handling and much more used in ceramics and bricks industry. Experts believe that ceramic tiles industry is likely to register a double digit volume growth by fy20.