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India Tiles Market Outlook to 2028

Publisher Ken Research
Published Oct 13, 2024
Length 87 Pages
SKU # AMPS19926549

Description

India Tiles Market Overview

The India Tiles Market was valued at USD 5.6 billion, and has been driven by rapid urbanization, infrastructure development, and growing consumer preferences for aesthetically pleasing interiors. A five-year historical analysis reveals strong demand from both the residential and commercial sectors, as well as government-led initiatives for affordable housing schemes and infrastructure expansion projects, further supporting market growth.

The market dominance in India is heavily concentrated in cities such as Morbi, Gujarat, which has earned the reputation of being the worlds second-largest tile manufacturing cluster. The prominence of Morbi stems from its large-scale manufacturing capabilities, state-of-the-art technology adoption, and proximity to key raw materials like clay and feldspar.

The Pradhan Mantri Awas Yojana continues to drive demand for construction materials, including tiles, for rural housing, emphasizing the use of durable materials like tiles. A government initiative could promote local tile production, targeting an increase in market share by 2025, enhancing rural employment and supporting sustainable housing development. This initiative, which aims to provide housing for all by 2025, has led to an increase in demand for affordable and mid-range tiles.

India Tiles Market Segmentation

By Product Type: The market is segmented by product type into ceramic tiles, vitrified tiles, porcelain tiles, mosaic tiles, and natural stone tiles. Ceramic tiles have established a dominant market share, attributed to their affordability, wide range of designs, and ease of maintenance. The increasing use of ceramic tiles in residential construction, particularly for flooring and walls, has reinforced its position as the preferred choice among consumers.

By Application: The market is also segmented by application into residential, commercial, and industrial. The residential segment dominates the market due to the robust demand for tiles in new housing projects and home renovations. The Indian government's push towards affordable housing through schemes like Pradhan Mantri Awas Yojana has led to an increase in the demand for tiles for flooring, walls, and bathroom fittings.

India Tiles Market Competitive Landscape

The market is characterized by a mix of established domestic players and global brands that continue to shape the market through their product offerings, innovation, and distribution strategies. The competitive landscape is led by players from Gujarat and other parts of the country.

Company Name

Year of Establishment

Headquarters

No. of Employees

Revenue (2023)

Manufacturing Plants

Product Portfolio

Distribution Network

R&D Investments

Strategic Alliances

Kajaria Ceramics

1988

New Delhi, India

Somany Ceramics

1968

Haryana, India

Asian Granito

2000

Gujarat, India

RAK Ceramics India

1989

Ras Al Khaimah, UAE

Johnson Tiles India

1958

Mumbai, India

India Tiles Market Analysis

Market Growth Drivers

Increase in Government Housing Schemes: Indias building products market, valued at USD 45 billion, is driven by increasing demand for sustainable and premium products. Rising consumer interest in eco-friendly materials and modern designs, along with expanding infrastructure projects, are pushing demand for advanced products like natural stone and imported tiles. Government initiatives in infrastructure development and affordable housing schemes are further accelerating this trend

Infrastructure Expansion in Tier-II and Tier-III Cities: Indias growing focus on developing Tier-II and Tier-III cities is creating a huge demand for construction materials, including tiles. India's infrastructure development is a key growth driver, supported by initiatives like the National Infrastructure Pipeline, which encompasses projects worth INR 111 lakh crore. The government has increased its budget allocation for infrastructure. The construction of new malls, educational institutions, and public infrastructure.

Eco-Friendly Manufacturing Initiatives: India is witnessing a growing demand for eco-friendly tiles as sustainability becomes a key focus in the construction sector. In 2024, around 30% of manufacturers in India have adopted green manufacturing practices, using recycled materials and energy-efficient production methods. This shift is driven by stringent government regulations such as the National Green Tribunal (NGT) norms, which promote sustainable practices in manufacturing.

Market Challenges

Rising Energy Costs: Energy costs for tile production in India have increased, with the cost of electricity and natural gas rising in 2024. Tile manufacturing is energy-intensive, and the increase in energy prices has pushed up the cost of production. Many manufacturers are finding it difficult to absorb these rising costs, which could impact their competitiveness, especially against cheaper imports from countries like China.

Labor Shortages: A shortage of skilled labor in Indias construction and tile manufacturing sectors continues to hinder productivity. In 2024, the National Skill Development Corporation (NSDC) reported a gap of 300,000 skilled workers in the tile installation and manufacturing sectors. The lack of adequate vocational training programs in this field means that the industry is struggling to meet growing demand efficiently.

India Tiles Market Future Outlook

Over the next five years, the India Tiles industry is expected to witness steady growth, driven by increasing construction activities, both in residential and commercial sectors. Urbanization, government initiatives like Smart Cities Mission, and growing consumer preferences for premium, eco-friendly tiles are anticipated to shape the market's future trajectory.

Future Market Opportunities

Increased Demand for Sustainable Tiles: Over the next five years, the Indian tile sector will see a growing demand for sustainable and eco-friendly products. The governments emphasis on sustainability, as reflected in the National Action Plan on Climate Change, will push manufacturers to adopt cleaner technologies and use recycled materials.

Adoption of 3D Printing Technology: Over the next five years, 3D printing technology will become more prevalent in the Indian tile industry. By 2029, several leading manufacturers are expected to adopt this technology to produce highly customizable and intricate tile designs. The adoption of 3D printing will allow manufacturers to offer more personalized products to consumers, catering to the growing demand for bespoke designs in both residential and commercial spaces.
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Table of Contents

87 Pages
1. India Tiles Market Overview
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview
2. India Tiles Market Size (In USD Bn)
2.1. Historical Market Size
2.2. Year-On-Year Growth Analysis
2.3. Key Market Developments and Milestones
3. India Tiles Market Analysis
3.1.Growth Drivers
3.1.1. Urbanization and Real Estate Growth
3.1.2. Rising Demand for Eco-friendly and Sustainable Tiles
3.1.3. Government Initiatives for Infrastructure Development
3.1.4. Technological Advancements in Tile Manufacturing
3.2. Market Challenges
3.2.1. High Competition and Price Sensitivity
3.2.2. Volatility in Raw Material Prices
3.2.3. Supply Chain Disruptions
3.2.4. Environmental Regulations
3.3. Opportunities
3.3.1. Expansion into Tier 2 and Tier 3 Cities
3.3.2. Growth in Commercial Construction
3.3.3. Increasing Demand for Designer and Customized Tiles
3.3.4. Rising Exports
3.4. Trends
3.4.1. Use of Digital Printing Technology in Tile Design
3.4.2. Shift Towards Large Format and Slim Tiles
3.4.3. Adoption of Smart and Heat-Resistant Tiles
3.4.4. Focus on Recycled and Energy-efficient Tiles
3.5. Government Regulation
3.5.1. BIS Certification Requirements
3.5.2. GST Impact on Tile Market
3.5.3. Policies for Green Building Materials
3.5.4. Environmental Compliance and Sustainability Norms
3.6. SWOT Analysis
3.7. Stakeholder Ecosystem
3.8. Porters Five Forces
3.9. Competition Ecosystem
4. India Tiles Market Segmentation
4.1. By Product Type (In Value %)
4.1.1. Ceramic Tiles
4.1.2. Vitrified Tiles
4.1.3. Porcelain Tiles
4.1.4. Mosaic Tiles
4.1.5. Natural Stone Tiles
4.2. By Application (In Value %)
4.2.1. Residential
4.2.2. Commercial
4.2.3. Industrial
4.3. By Surface Type (In Value %)
4.3.1. Glazed
4.3.2. Matte
4.3.3. Polished
4.4. By End-User (In Value %)
4.4.1. New Construction
4.4.2. Renovation
4.5.By Region (In Value %)
4.5.1. North
4.5.2. South
4.5.3. West
4.5.4. East
(Revenue, Employee Strength, Product Portfolio, Manufacturing Capacity, Geographical Presence, Market Share, R&D Investments, Strategic Alliances)
India Tiles Market Regulatory Framework
6.1. Environmental Standards
6.2. Compliance Requirements
6.3. Certification Processes
India Tiles Future Market Size (In USD Bn)
7.1. Future Market Size Projections
7.2. Key Factors Driving Future Market Growth
India Tiles Market Segmentation
8.1 By Product
8.2 By Application
8.3 By Surface Type
8.4 By End-User
8.5 By Region
India Tiles Market Analysts Recommendations
9.1. TAM/SAM/SOM Analysis
9.2. Marketing Strategies
9.3. Customer Cohort Analysis
9.4. White Space Opportunities
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