india ceramic sanitary ware market will hit at a cagr of 10.3% from 2016 to 2026
2026 \"report to their quotation.
In 2016, India\'s demand for ceramic sanitary ware is expected to reach 28,013 units, up from 26,267 units in 2015.
This will be the market value of $1. 96 Bn.
The steady growth of the Indian real estate industry, coupled with the increasing number of government initiatives to promote infrastructure development, will continue to have a positive impact on the growth of the Indian ceramic sanitary ware market.
According to the type of product, water toilets will continue to account for the highest demand, with a total consumption of 4,789 units in 2016. Among the sub-
Water Cabinet part-
1, 2, wall mounted and EWC-
Wall-mounted water Cabinet
The most demanding will be market segments.
Demand for washbasin is also expected to remain healthy in 2016, with a revenue share of 28 in this segment. 6 %.
Further subdivision of washbasin part
Segmented to desktop, wall mount, base, half base and under and above counter-
Among them, the demand for desktop Sanitary Ware will be the largest. o-
Y growth in 2016.
In addition to the growth of the real estate industry, rapid urbanization, and an increase in per capita disposable income, improving living standards in urban areas is another key factor in maintaining India\'s demand for ceramic sanitary ware.
Although FMI maintains a positive outlook for the Indian ceramic sanitary ware market, a low replacement cycle remains a key challenge for manufacturers.
The Indian ceramic sanitary ware market is in a period of consolidation, with the main participants focusing on the diversity of product portfolios.
Reducing operating costs to increase profit margins remains a key area of concern for Indian ceramic ware market stakeholders.
Demand for ceramic sanitary ware in South India is strongest, with total revenue expected to reach 546. 1 Mn in 2016.
In 2016, the total consumption of ceramic sanitary ware in the region will reach 9,352 units, up from 8,850 units in 2015.
The leading companies in the Indian ceramic sanitary ware market include Cera Sanitary Ware Co. , Ltd. and Hindustan sanitary ware Co. , Ltd (HSIL)
Cape haima (RAK)
Ceramic printing Private Limited, Jia Sanitario, S. A.
Kohler Company Toto Co. , Ltd.
Dulavit Co. , Ltd. and Jaquar.
Request for TOC @ Long-
Outlook: The composite annual growth rate of ceramic sanitary ware market in India is expected to be 10.
3% value during the forecast period 2016-2026.
In terms of quantity, total consumption is expected to reach 444,000 units by the end of 2026.