Market Forecast By Product Types (Traditional, Advanced), By Applications (Sanitary Ware, Abrasives, Bricks and Pipes, Tiles, Pottery, Others), By End-users (Building & Construction, Industrial, Medical, Others) And Competitive Landscape
Product Code: ETC009284 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Ceramics market currently, in 2023, has witnessed an HHI of 5244, Which has decreased slightly as compared to the HHI of 6489 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | India Ceramics MarketΒ |
Forecast period | 2024-2030 |
CAGR | 8.9% |
Growing Sector | Wall and Floor Tiles |
The India Ceramics Market Report thoroughly covers the market by product types, applications, and end-users. The India Ceramics Market Outlook report provides an unbiased and detailed analysis of the ongoing India Ceramics Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Indian ceramics market is expected to continue to grow significantly in the coming years, driven by various factors such as the rising construction and eco-friendly trends. The government initiatives to support the ceramics industry are expected to improve the manufacturing processes and promote domestic manufacturing in the industry.
According to 6Wresearch, the India Ceramics Market size is anticipated to rise at a CAGR of 8.9% during 2024-2030. One of the major drivers of the Indian ceramics market is the growth of the Indian construction sector. The country has been experiencing rapid urbanization and industrialization, leading to an increase in construction activities. The increasing construction of infrastructure, housing, and commercial buildings has created a huge demand for ceramic tiles and sanitaryware products in the Indian market. Additionally, the rising middle-class population and disposable income have been driving the growth of the luxury ceramics market. The India Ceramics Market Growth is driven by all these factors.
One of the challenges in the ceramics market in India is the increasing competition from Chinese and European ceramic manufacturers. The Indian ceramic industry continues to face intense competition from players in countries like China and Italy. The manufacturers in these countries offer similar quality products at a lower price, making it difficult for Indian manufacturers to compete. In addition, the ongoing pandemic has disrupted the supply chain of raw materials and affected the manufacturing process, impacting the market growth.
The key players in the Indian ceramics market are Kajaria Ceramics, Somany Ceramics, Cera Sanitaryware, Johnson Tiles, Orient Bell Ceramics, Murudeshwar Ceramics, and H&R Johnson. These companies are leading players in the domestic ceramics market, and their products are sold all over India. Kajaria and Somany are the biggest players in the ceramic tiles segment, with more than 40% of the market share. Cera Sanitaryware is the top player in the ceramic sanitaryware segment, while Johnson Tiles and Orient Bell Ceramics are the leading players in the ceramic floor tiles segment.
The Indian government has introduced several initiatives to support the growth of the ceramics industry in India. The Make in India initiative launched in 2014 aims to boost the manufacturing sector in the country and promote domestic manufacturing of ceramic products. The government has also announced the establishment of a National Ceramic Research and Development Center (NCRDC) to promote research and development in the ceramics industry. Additionally, the Pradhan Mantri Mudra Yojana has been introduced to offer financial assistance and easy credit facilities for the small-scale ceramic industries.
The India ceramics industry is growing at a rapid pace, driven by innovative technology, increased competition, and changing consumer preferences. The government's infrastructure development activities and export-oriented initiatives like Foreign Trade Policy are continuously helping in the expansion of this industry. Companies that continue to embrace change and innovation will undoubtedly thrive in this ever-changing marketplace. It is through the adoption of new technologies, export reach, and catering to changing customer preferences that the India Ceramics market will continue to flourish.
According to Rajneesh, Senior Research Analyst, 6Wreserach, the traditional product type of ceramics has been in existence for centuries in the country, and it is used extensively in the construction sector.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ceramics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ceramics Market Revenues & Volume, 2020 & 2030F |
3.3 India Ceramics Market - Industry Life Cycle |
3.4 India Ceramics Market - Porter's Five Forces |
3.5 India Ceramics Market Revenues & Volume Share, By Product Types, 2020 & 2030F |
3.6 India Ceramics Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.7 India Ceramics Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 India Ceramics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Ceramics Market Trends |
6 India Ceramics Market, By Types |
6.1 India Ceramics Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 India Ceramics Market Revenues & Volume, By Product Types, 2020 - 2030F |
6.1.3 India Ceramics Market Revenues & Volume, By Traditional, 2020 - 2030F |
6.1.4 India Ceramics Market Revenues & Volume, By Advanced, 2020 - 2030F |
6.2 India Ceramics Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Ceramics Market Revenues & Volume, By Sanitary Ware, 2020 - 2030F |
6.2.3 India Ceramics Market Revenues & Volume, By Abrasives, 2020 - 2030F |
6.2.4 India Ceramics Market Revenues & Volume, By Bricks and Pipes, 2020 - 2030F |
6.2.5 India Ceramics Market Revenues & Volume, By Tiles, 2020 - 2030F |
6.2.6 India Ceramics Market Revenues & Volume, By Pottery, 2020 - 2030F |
6.2.7 India Ceramics Market Revenues & Volume, By Others, 2020 - 2030F |
6.3 India Ceramics Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 India Ceramics Market Revenues & Volume, By Building & Construction, 2020 - 2030F |
6.3.3 India Ceramics Market Revenues & Volume, By Industrial, 2020 - 2030F |
6.3.4 India Ceramics Market Revenues & Volume, By Medical, 2020 - 2030F |
6.3.5 India Ceramics Market Revenues & Volume, By Others, 2020 - 2030F |
7 India Ceramics Market Import-Export Trade Statistics |
7.1 India Ceramics Market Export to Major Countries |
7.2 India Ceramics Market Imports from Major Countries |
8 India Ceramics Market Key Performance Indicators |
9 India Ceramics Market - Opportunity Assessment |
9.1 India Ceramics Market Opportunity Assessment, By Product Types, 2020 & 2030F |
9.2 India Ceramics Market Opportunity Assessment, By Applications, 2020 & 2030F |
9.3 India Ceramics Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 India Ceramics Market - Competitive Landscape |
10.1 India Ceramics Market Revenue Share, By Companies, 2023 |
10.2 India Ceramics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |