India Ceramic Tiles Market Research Report: Forecast (2023-2028)

Market Definition

Ceramic tiles are a mixture of clays and other natural materials, such as sand, quartz, and water. With easy maintenance, cleaning, and fitting features, accompanied by reasonable prices, ceramic tiles find applications in restaurants, offices, shops, and homes as kitchen floor surfaces and bathroom walls. It is primarily because of the ability of ceramics to withstand high temperatures and acidic materials. However, these materials are brittle and weak in tension and shearing.

Market Insights & Analysis: India Ceramic Tiles Market (2023-28)

The India Ceramic Tiles Market is projected to grow at a CAGR of around 8.2% during the forecast period, i.e., 2023-28. The market is driven by concrete government policies and frameworks that have led to the growth of the real estate sector in the historical period. Such expansion has called for more adoption of ceramic tiles in recent years, making India one of the fastest-growing ceramic tile marketplaces worldwide. Besides, a swift upsurge in projects demanding immediate renovation and remodeling is likely to boost the sales of ceramic tiles in the coming years. The government schemes, such as Mission Smart Cities and Pradhan Mantri Awas Yojana, among others, are expected to bolster the real estate market growth and, in turn, facilitate the commercial adoption of such tiles across the country.

Another factor propelling the market expansion for ceramic tiles is the rising disposable income in India which has resulted in the enhancement of living as well as working spaces. The frequent makeovers of these spaces, in terms of stylish and trendy walls and floors, have necessitated the incorporation of ceramic tiles to a large extent. As such, the market players are willing to invest and cater to these emerging home décor needs by including several fascinating varieties in bath wares. This aspect can be substantiated by the augmenting demand for hygiene-centric products, including germ-free tiles that have again intensified the market growth.

Key Trends in the India Ceramic Tiles Market

• Government Initiatives Paired with Reverse Migration to Contruct Buildings & Expansion of New Cities to Push the Market Growth

With the rising Government initiatives & construct projects due to the surging population & influx in reserve migration, it is presumed that the demand for ceramic tiles would witness an upgrade, further becoming a trend in the market. Many projects such as RCS UDAN infrastructure scheme and etc., are under progress & require tiles for construction, therefore aiding in enhancing the market size. For instance: 100 new airports to be constructed by 2024, most airports are in Tier I and II cities to ensure connectivity. The government also seeks to expand and upgrade India’s prime cities, including New Delhi, Hyderabad, Mumbai, and Kolkata. Moreover, the unprecedented reverse migration in the past few years has accelerated the need for homes in Indian Tier II and Tier III cities. These immediate home needs, paired with the availability of larger spaces and lower construction costs, have influenced the market growth for ceramic tiles in India. 

Market Segmentation

Based on End Users,

• Homes
• Commercial Establishments
• Others

Here, the Homes segment acquired the leading position in the historical period. It predominantly attributes to advances in tile printing technologies like 3D printing, and digital printing, among others. In addition, the market players may expect to benefit from technological developments in tile production equipment. Furthermore, these technologies help businesses produce large-format slabs or mosaic designs in shapes ranging from rectangles to hexagons. Additionally, the advancement of ink-jet digital printing technology is opening up significant market expansion opportunities. For instance, Mumbai-based Monotech Systems Limited created Pixeljet in August 2019.

Recent Developments in the India Ceramic Tiles Market

• July 2022: With its latest collection of an exquisite and elegant range of premium tiles, large slabs, sanitaryware, faucets, and bath ware products, Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands in India, organized ‘AGL Master Stroke 2022’. The brand further unveiled Fresco, an elegant range of mosaic and subway tiles.
• January 2022: Kajaria is looking forward to expanding its capacity at three sites in Gujarat, and Andhra Pradesh to add 12.4 million Square meters’ total capacity at Rs.250 crores. The target is to finish all three expansion projects by April 2022.

Market Dynamics

Key Driver: Rapid Urbanization of Indian States in recent years

As per the think tank of India, Niti Ayog, the number of inhabitants in Indian cities is estimated to have increased almost fourfold between 1970 and 2018, from 109 million to 460 million. Already the second-largest urban community in the world, India is expected to add another 416 million people to its cities by 2050 and have an urban share of the population of 50 percent. The expanding number of inhabitants due to migration has posed the inevitable need to expand cities, which in turn has led to the rapid urbanization of India in the past few years. The government is actively participating in this expansion and leaving no stone unturned to ensure improved road networks, urban transport, water supply housing, power-related infrastructures, smart cities, and other forms of urban management. These advancements automatically impact the residential and commercial construction markets in the country, which, in turn, positively influences the Indian ceramic tiles market in the coming years.

Possible Restraint: Stringent Environmental Laws Pose a Challenge

The prominent factor impeding the market growth is rising concerns regarding the environmental impact caused by the production of ceramic tiles. Polluting elements, including smoke and unburnt particles from fuels, aerosol particles, suspended dust particles, and glaze spray particles, are released during the manufacturing of tiles. Therefore, the industry requires regulations on raw materials utilization, post-industrial recycling, and the use of anti-polluting manufacturing equipment, emphasizing the development of sustainable technologies. These aspects are likely to inflate the production cost of these tiles, thereby hindering market growth in the coming years.

Gain a Competitive Edge with India Ceramic Tiles Market Report

1. India Ceramic Tiles Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size, share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
3. India Ceramic Tiles Market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.