The India Ceramic Sanitaryware Market is estimated to be valued at US$ 3,824.0 Mn in 2022 and is expected to exhibit a CAGR of 11.90% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Ceramic sanitaryware includes toilet sinks, wash basins, cisterns and urinals that are used in bathrooms. It offers durability and resistance to corrosion. Growing construction industry in India is fueling demand for ceramic sanitaryware for residential and commercial buildings.
Market key trends:
One of the key trends in the India ceramic sanitaryware market is growing preference for digital ceramic sanitaryware. Digital ceramics offers hands-free touch control for flush and other functions. It provides hygienic and convenient experience to users. Rapid urbanization and rising income levels in India are increasing renovations and remodeling activities. This is driving demand for advanced digital ceramic sanitaryware in residential sector.
Segment Analysis
The India ceramic sanitaryware market is dominated by wall-hung water closets segment, which accounted for over 35% share of the overall market in 2022. This is attributed to the fact that wall-hung water closets offer convenience of installation and space saving solution. Additionally, wall-hung water closets are easier to clean and require less water for flushing compared to floor-mounted water closets. Hence, the wall-hung water closets segment is expected to continue dominating the India ceramic sanitaryware market over the forecast period.
Key Takeaways
The India ceramic sanitaryware market is expected to witness high growth, exhibiting CAGR of 11.90% over the forecast period, due to increasing rural to urban migration and growing infrastructure development.
Regional analysis:
The southern region accounted for the largest share in the India ceramic sanitaryware market in 2022 owing to high disposable income and rising awareness about modern sanitaryware products in this region. However, the northern region is expected to grow at the fastest pace during the forecast period, driven by ongoing infrastructure development projects and favorable government policies for housing sector development in this region.
Key players:
Key players operating in the India ceramic sanitaryware market are HSIL Ltd, Cera Sanitaryware Ltd., Roca Sanitario, S.A., RAK Ceramics, Duravit AG, Toto Ltd., Jaquar, Golf Ceramics Ltd., Kajaria Ceramics Limited, H & R Johnson, and Villeroy Boch Group. HSIL Ltd. and Cera Sanitaryware Ltd captured over 20% share of the overall market owing to their wide distribution network and strong brand presence across India.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it