India Ceramic Sanitaryware Market
Ceramic sanitaryware products such as toilet sinks, wash basins, cisterns, and
showers are an integral part of bathrooms across residential and
non-residential buildings owing to their durability and low maintenance. India
has witnessed significant growth in the construction sector due to rising
disposable income and growing population which has fuelling the demand for
ceramic sanitaryware products in the country.
The
global India Ceramic Sanitaryware Market
is estimated to be valued at Us$ 5006.12
Mn in 2023 and is expected to exhibit a CAGR Of 5.2% over the forecast period 2024 To 2031, as highlighted in a new report published by Coherent
Market Insights.
Market key trends (keep heading unchanged as per instruction): Consumer
awareness about hygienic sanitary products along with easy availability and
wide range of ceramic products at affordable prices through e-commerce
platforms and retail outlets have increased their consumption in India.
Changing lifestyle and increasing focus of consumers towards health and hygiene
while remodeling or constructing their bathrooms is a major driving factor
behind the accelerated growth of India ceramic sanitaryware market. Rising
promotion of sanitary products by manufacturers through various marketing strategies
is further creating demand.
Segment Analysis
The India ceramic sanitaryware market is dominated by wall hung wc segment
which holds more than 45% share of the overall market. Wall hung wc segment is
preferred more due to space optimization property as it saves floor area. Also,
wall hung wc are easier to install and have elegant look which appeals luxury
home owners and new commercial properties.
Key Takeaways
The
Global India Ceramic Sanitaryware Market Demand
is expected to witness high growth. The global India Ceramic Sanitaryware
Market is estimated to be valued at US$ 5006.12 Mn in 2023 and is expected to
exhibit a CAGR of 5.2% over the forecast period 2024 to 2031.
Regional
analysis :
Western
region of India dominates the ceramic sanitaryware market owing to high
disposable income and changing lifestyle of people which drives the demand for
luxury and premium bathroom fixtures in this region. Southern region of India
is fastest growing region in ceramic sanitaryware market. Factors such as rapid
urbanization, growth in construction sector and rising middle class population
contributes to the growth of ceramic sanitaryware market in this region.
Key players :
Key
players operating in the India ceramic sanitaryware market are BASF SE,
AkzoNobel N.V., Henkel AG & Co.KGaA, Solvay SA, Huntsman Corporation,
Eastman Chemical Company, Lonza Group Limited, Procter & Gamble Co., Croda
International Plc., The Dow Chemical Company, Betco Corporation, Sealed Air Corporation
and Ecolab Inc.
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