India Ceramic Sanitaryware Market Set To Experience Revolutionary Growth Driven By Growth Accelerated By Rising Population And Urbanization

https://www.coherentmarketinsights.com/market-insight/india-ceramic-sanitaryware-market-3211
India Ceramic Sanitaryware Market 



Ceramic sanitaryware products are indispensable for modern homes and public restrooms as they are durable, hygienic and easy to clean. Ceramic sanitaryware includes toilet sinks, wash basins, pedestals, cisterns and other bathroom accessories. The growing population, rapid urbanization and rising incomes in India have increased demand for homes and offices with attached toilets and bathrooms, thereby driving sales of ceramic sanitaryware.

The global India Ceramic Sanitaryware Market is estimated to be valued at US$ 4345.5936 Mn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The growth of the India ceramic sanitaryware market is majorly driven by rising population and accelerating urbanization rates. India's population has surpassed 1.3 billion and is still growing. This massive population is driving demand for new homes, apartments and commercial buildings with attached toilets and bathrooms. Moreover, rapid urbanization has led to the rise of metro cities and tier I and tier II cities in India. As more people migrate to cities for employment opportunities, housing projects equipped with modern sanitary fittings are required. The growing urban middle class is especially demanding for branded premium ceramic ware products. This rising population and urban migration has accelerated demand for ceramic sanitaryware in India over the past decade and this trend is projected to continue over the forecast period.

Segment Analysis
The India ceramic sanitaryware market is dominated by the bathroom products segment which accounts for more than 60% of the overall market. This is due to rising housing and construction activities in India and increasing disposable income of consumers which is driving the demand for advanced bathroom solutions in both residential and commercial spaces. Within bathroom products, demand is the highest for wash basins, Western water closets and pedestals.

Key Takeaways

The global India Ceramic Sanitaryware Market Size is expected to witness high growth. The global India Ceramic Sanitaryware Market is estimated to be valued at US$ 4345.5936 Mn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030.

The western region currently dominates the India ceramic sanitaryware market owing to rapid urbanization and large scale investments in infrastructure development projects in cities like Mumbai, Pune and Ahmedabad. Southern region of India is also expected to be the fastest-growing regional market for ceramic sanitaryware during the forecast period. This can be attributed to increasing construction of residential and commercial buildings along with rising spending power of consumers in cities like Bengaluru, Chennai and Hyderabad.

Key players related content comprises HSIL Ltd and Cera Sanitaryware Ltd occupy the major market shares in India ceramic sanitaryware market. HSIL Ltd leads the market with its brand Parryware known for innovative and designer products. Cera Sanitaryware Ltd has a nationwide distribution network and strong brand positioning in mid-market segment. Duravit AG has a significant presence in the premium bathroom solutions segment. 

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