Indian Sanitarware Market Analysis
Advancing Sanitaryware Market: India’s Path to Progress
Efforts to elevate sanitation levels in India are gaining momentum, yet there remains a significant gap compared to developed nations. The economy-priced segment of sanitary ware and bath fittings is poised for substantial growth, outpacing the premium segment.
Sanitaryware Market In India, Indian Sanitaryware ExportersThe Indian Sanitaryware Market boasts a turnover exceeding 60 billion INR annually. While branded sanitary ware is expected to grow modestly in the coming years, the implementation of GST, RERA, and the Land bill is anticipated to further fuel growth in the organized sector.
Global sanitaryware giants are recognizing India’s potential, establishing manufacturing plants to meet domestic demand and cater to international markets. India’s advantages include high-quality raw materials, cost-effective labor, robust infrastructure, a skilled workforce, and a burgeoning domestic market.
The replacement demand for sanitaryware and bath fittings in India presents substantial growth opportunities, especially when compared to the more mature markets of developed countries.
Post the recent COVID-19 outbreak, there is a rising international demand for germ-free, anti-microbial, and anti-bacterial surfaces in sanitary ware, particularly in commercial and public spaces. Countries affected by the pandemic are likely to impose strict sanctions on Chinese imports, providing an advantage to markets like India, Vietnam, Indonesia, Malaysia, and Bangladesh for the next 6 to 8 months.
India, positioned as the world’s second-largest sanitaryware producer and exporter after China, boasts an installed capacity of around 40 million pieces per year. Gujarat, particularly the ceramic cluster Morbi, contributes over 75% of India’s sanitaryware production. Global MNCs such as Kohler, Duravit, Toto, Roca, RAK, and Lixil (American Standard & Grohe) have established production facilities in India.
As global sanitaryware importers seek reliable sources, India emerges as a preferred destination. Indian Sanitaryware producers, with the capacity for bulk OE production, can cater to customized needs across diverse price segments.
Indian Ceramic Sourcing (ICS) plays a pivotal role in connecting global sanitaryware importers with reliable suppliers. Explore further details at https://www.indianceramicsourcing.com/sanitarywares-allied-products/ to leverage our buying and sourcing agent/consultant services.