India Ceramic Tiles Industry Expected to Grow at a CAGR of 3.6% during 2024-2032

Written by Tushar Imarc  »  Updated on: September 25th, 2024

India Ceramic Tiles Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 3.6% (2024-2032)

Market Size in 2023: 1,172.7 Million Sq. Metres

Market Size in 2032: 1,624.9 Million Sq. Metres

The India ceramic tiles industry is growing rapidly, driven by urbanization, infrastructure development, and increasing consumer demand. According to the latest report by IMARC Group, the market reached 1,172.7 Million Sq. Metres in 2023. Looking forward, IMARC Group expects the market to reach 1,624.9 Million Sq. Metres by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.

India Ceramic Tiles Market Trends and Drivers:

Expanding urbanization, escalating investment in infrastructure development, as well as rising demand for aesthetically appealing and durable flooring solutions, are the factors responsible for the growth of the India ceramic tiles market. Additionally, the market is propelling owing to the initiatives by government authorities for affordable housing through initiatives like Pradhan Mantri Awas Yojana (PMAY), which has significantly boosted the need for ceramic tiles in residential construction.

Besides this, the growing middle class with higher disposable incomes is opting for premium tiles that offer both style and functionality. The expansion of the commercial real estate sector, including malls, office spaces, and hotels, is further fueling the market, as these spaces require high-quality flooring and wall solutions.

Key trends shaping the India ceramic tiles market include the increasing adoption of digital printing technology, which allows manufacturers to produce customized and intricate designs, catering to diverse consumer preferences. In addition to this, the demand for eco-friendly and sustainable tiles is also growing, as consumers become more conscious of environmental impact.

Another notable trend is the rise of vitrified tiles, known for their superior strength and low water absorption, making them ideal for high-traffic areas. Furthermore, the expansion of organized retail and the rise of e-commerce platforms are making it easier for consumers to access a wide variety of tile designs and finishes. These factors, combined with ongoing infrastructure projects and evolving consumer preferences, are expected to continue driving the growth of the India ceramic tiles market in the coming years.

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India Ceramic Tiles Industry Segmentation:

The report has segmented the market into the following categories:

 Breakup by Type:

• Floor Tiles

• Wall Tiles

• Others

Breakup by Application:

• Residential Applications

• Commercial Applications

• Replacement Applications

Breakup by Region:

• North India

• West and Central India

• South India

• East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4654&flag=C

Key Highlights of the Report:

Market Performance (2018-2023)

Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

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 global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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IMARC Group

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Email: [email protected]

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