The Ceramics Industry of India is Growing Significantly
Ceramic tiles have evolved into an important component of modern home improvement. It can significantly alter how your indoor and outdoor spaces appear and communicate. Ceramic tiles are primarily viewed by our diverse group of customers as hygienic items, aside from their decorative appearances. This is quite obvious from its wide range of applications, from the typical Indian household’s baths and kitchens to the medical facilities, laboratories, milk stand, schools, public restrooms, shopping malls, and numerous other facilities that are all over our daily lives.
India has been a major player in the global ceramic tile market. The ceramic tile business in India first appeared in the late 1950s, and since then, it has advanced significantly. India is currently one of the leading producers and users of ceramic tiles. According to Indian ceramic tile producers, there are numerous reasons why we have become a significant exporter on the global market over the past ten years.
India’s ceramics industry is expanding quickly
Indian ceramic tiles are well-liked throughout the world, and during the fiscal years 2013 and 2017, exports grew quickly. On one hand, urbanization’s rapid growth in investment has raised India’s demand for ceramic tiles. One of the main drivers of the rise has also been the property market, although the need for ceramic tiles is not just limited to the Indian population. Between 2020 and 2027, India will grow at an astounding 8.6% CAGR.
The Indian government has started a number of initiatives that are promoting the expansion and prosperity of the tile sector. Over 110 million toilets have been constructed by the government in the last 60 months to end open defecation in the nation.
The ceramic tile sector has seen annual growth of between 6% and 8% p with the establishment of government programmes like the cluster development programme (MSE-CDP).
India’s booming housing market and government policies that support the sector’s rapid growth are the main factors driving the country’s ceramic tile industry. Demand for more expensive goods has also been impacted by the Indian economy’s retail expansion. The Indian ceramic tile sector has grown tremendously as a result of the bullish growth predictions for the Indian economy as a whole.
India has shown its competitive strength and global positioning as a significant exporter of ceramic tiles. It is pretty obvious that India will continue to lead the way in the global ceramic sector and will also see exponential expansion in the years to come as a result of the fast-rising popularity of ceramic tiles.
With years of experience meeting the needs of its international clientele, Colortile has established itself as one of the leading producers and exporters of ceramic tile in India.
Ceramic tiles are very well-liked and exported to all major nations, including the United States (317.31 billion INR), Hong Kong (50.45 billion INR), Singapore (46.66 billion INR), the United Arab Emirates (154.63 billion INR), and Saudi Arabia (47.88 billion INR, to mention a few.
Despite being very capital expensive, the industry also has the unusual advantage of being highly indigenous, with a wealth of raw resources, technical expertise, and infrastructure. Over 5,50,000 people work in the industry overall. Out of this, 50,000 people are employed directly and 5,000,000 are involved indirectly. Considering India’s high per capita usage of ceramic tiles, the potential is enormous. Currently, it is 0.50 square metres per person, compared to almost 2 square metres per person for comparable nations like China, Brazil, and Malaysia.
Characteristics of Indian Ceramic Tiles
Indian ceramic tiles have a number of key characteristics that make them one of the most popular tile types. Due to the following advantages, Indian ceramic tiles are a must for importers.
The ceramic tile market has attracted the attention of the entire world as an industry that generates foreign exchange or is a global player. Our factories need to be set up to compete globally with the enormous units that are already operating in China and Turkey, which are fueled by economies of scale. These will also greatly reduce our production costs for us.
Infrastructure assistance is another important aspect that affects how quickly economies grow. Better infrastructure will result in more sustainable and consistent growth. The main cost-related problems affecting the industry continue to be freight, power supply, and gas prices. For the ceramic tile market to expand, accessibility, reliable supply, and affordable prices are crucial.
Utilised in a variety of applications
Both household and non-residential applications are suitable for Indian ceramic tiles. They have a lot of versatility and durability.
Patterns, forms, colours, and sizes
Ceramic tiles give you a plethora of designs, colours, styles, and sizes to choose from. Simply said, the capabilities of these tiles would astound your consumers.
The market for ceramic tiles has also been boosted recently by technological improvements. These tiles are a cut above the competition thanks to digital and 3D printing,. A manufacturer like Colortile can help you see it for yourself.
The introduction of porcelain and vitrified tiles marked a significant shift in the ceramic tile industry. The future of tiles is allegedly represented by these new product categories. These tiles are currently the best-selling products worldwide. In terms of value, these goods make up about half of all tile sales in this sector.
Despite being at the lower end, the Indian industry has built an export market. Less than 0.5 percent of the worldwide market’s volume is represented by it. However, given that Indian exports are growing more rapidly than they did a year ago, this situation could alter.
Only a few of the many advantages and characteristics of Indian ceramic tiles are described above. Please contact us if you would need any additional details on Indian ceramic tiles.