iCrowd Newswire
28 Jun 2022, 22:19 GMT+10
According to IMARC Group's latest report, titled "India Ceramic Tiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the India ceramic tiles market reached a value of 1078 Million Sq. Meter in 2021. Looking forward, IMARC Group expects the market to reach 1392 Million Sq. Meter by 2027, exhibiting at a CAGR of 4.49% during 2022-2027. Ceramic tiles are manufactured using clay for flooring, along with other materials, such as bentonite, kaolin, feldspar, glass, and sand. These tiles are scratch-resistant, highly durable, and environmentally friendly in nature. As a result, they are extensively used across the residential and commercial sectors. Ceramic tiles are available in three variants, namely porcelain, glazed, and scratch-free.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The India ceramic tiles market is primarily driven by the rapidly expanding residential and commercial sectors. In addition to this, the government of India (GOI) has launched several programs that favorably impact the ceramic tile industry, which is providing an impetus to the market growth. For instance, the Swachh Bharat Mission (SBM) in rural and urban areas has significantly boosted the demand for small size ceramic tiles across the country. Other factors, such as rapid urbanization, increasing expenditure power of the consumers, rising migration towards urban areas, and growing real estate sector, are also creating a positive outlook for the market.
Key Market Segmentation:
The report has segmented the India ceramic tiles market on the basis of type, application and region.
Breakup by Type:
Breakup by Application:
Breakup by Region:
Competitive Landscape With Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Key Highlights of the Report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
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