Product Code: ETC022544 | 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 Sanitary Ware market currently, in 2023, has witnessed an HHI of 5524, Which has increased slightly as compared to the HHI of 4917 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.
India Sanitary ware market is estimated to witness a CAGR of 8.43% during the forecast period 2020-2026. The growth in construction sector, increasing urbanization, rising demand for sophisticated bathroom fittings, and growing awareness about quality and hygiene are driving the growth of sanitary ware market in India. In addition, initiatives taken by government such as ?Housing for All? scheme have further fueled the demand for sanitary products from residential applications.
The key drivers identified that are propelling India sanitary ware market include increasing middle class population coupled with higher disposable income; rapid industrialization; changing lifestyle of consumers influenced by western culture; increased focus on infrastructure development activities related to water supply systems due to high water wastage; surge in investments towards implementing smart city projects along with supportive government schemes particularly focused on housing and sanitation across rural areas; technological advancements resulting into product innovations & developments such as wall hung WCs and slimline flush tanks etc..
However, there are certain factors which could hamper the growth including fluctuating prices of raw materials used for manufacturing these wares such as steel and plastic components among others however this factor can be tackled through collaborations between suppliers & manufacturers. Moreover lack of consumer education regarding understanding quality standards associated with various technicalities must also be addressed effectively otherwise it would lead into customer dissatisfaction after installation process leading into financial losses therefore proper marketing strategies needs to be followed throughout sanitaryware industry landscape.
One major trend seen within this segment is emergence of smart toilets which not only provide comfort but also offers enhanced user experience wherein seat temperatures, lighting options or even bidet functions can all play an important role during usage making them modernized version compared against traditional solution available so far leading into greater sense of convenience while using them thus creating demand amongst customers who are willing to pay premium amount toward acquiring one unit for their households. Another prominent trend observed is adoption level witnessed among hotels & resorts towards luxury items made out from Italy or China based companies targeting upper end segment thereby boosting overall revenues generated from sale transactions conducted over long run basis within same domain space .
Some prominent players operating within Indian Sanitary Ware Market include Roca Bathroom Products Pvt Ltd., Hindware Homes Private Limited , Jaquar Group , Parryware Bathrooms (A division Of Roca), Duravit AG , C
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 Sanitary ware Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sanitary ware Market Revenues & Volume, 2020 & 2030F |
3.3 India Sanitary ware Market - Industry Life Cycle |
3.4 India Sanitary ware Market - Porter's Five Forces |
3.5 India Sanitary ware Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Sanitary ware Market Revenues & Volume Share, By Material, 2020 & 2030F |
4 India Sanitary ware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sanitary ware Market Trends |
6 India Sanitary ware Market, By Types |
6.1 India Sanitary ware Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Sanitary ware Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Sanitary ware Market Revenues & Volume, By Toilet sink/water closet, 2020-2030F |
6.1.4 India Sanitary ware Market Revenues & Volume, By Wash basin, 2020-2030F |
6.1.5 India Sanitary ware Market Revenues & Volume, By Pedestal, 2020-2030F |
6.1.6 India Sanitary ware Market Revenues & Volume, By Cistern, 2020-2030F |
6.2 India Sanitary ware Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Sanitary ware Market Revenues & Volume, By Ceramic, 2020-2030F |
6.2.3 India Sanitary ware Market Revenues & Volume, By Pressed metal, 2020-2030F |
6.2.4 India Sanitary ware Market Revenues & Volume, By Acrylic plastics & Perspex, 2020-2030F |
6.2.5 India Sanitary ware Market Revenues & Volume, By Others, 2020-2030F |
7 India Sanitary ware Market Import-Export Trade Statistics |
7.1 India Sanitary ware Market Export to Major Countries |
7.2 India Sanitary ware Market Imports from Major Countries |
8 India Sanitary ware Market Key Performance Indicators |
9 India Sanitary ware Market - Opportunity Assessment |
9.1 India Sanitary ware Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Sanitary ware Market Opportunity Assessment, By Material, 2020 & 2030F |
10 India Sanitary ware Market - Competitive Landscape |
10.1 India Sanitary ware Market Revenue Share, By Companies, 2023 |
10.2 India Sanitary ware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |