Ceramic sanitaryware is commonly used in sanitary appliances which are mostly found in toilets and bathrooms. They come in a variety of patterns and colours to suit the needs of the buyer. The demand for sanitaryware products is high in developing nations due to the rising need for sanitation. The sanitaryware products can be classified into cisterns, washbasins, bidets, water closets, and others. Commercial and residential places are the two major end user industries of sanitaryware. Slip casting, tape casting, pressure casting, and isostatic pressing are the major technologies used for the manufacturing of ceramic sanitaryware products.
Statistics:
The India Ceramic Sanitaryware Market was valued at US$ 3,824.0 Mn in terms of value and 13.64 % in terms of volume in 2022
Drivers:
Increasing investment by the government in infrastructural development is expected to propel market growth over the forecast period. According to the India Brand Equity Foundation, Foreign Direct Investment (FDI) received in the Construction Development sector (townships, housing, built-up infrastructure, and construction development projects) from April 2000 to March 2019 stood at US$ 25.05 billion, according to the Department of Industrial Policy and Promotion (DIPP). The logistics sector in India is growing at a CAGR of 10.5 percent annually and is expected to reach US$ 215 billion in 2020. Hence, this is expected to boost the market growth of India ceramic sanitaryware.
Market Opportunities
The rising launch of new and innovative products by major manufacturers is expected to augment the market growth over the forecast period. For instance, in June 2019, H & R Johnson (India), leaders in the ceramic industry, introduced their new and innovative range of premium sanitaryware and faucets – Johnson International – at Park Regis in Goa. Hence, increasing penetration of advanced sanitaryware products is expected to foster market growth.
Market Restraints
The high cost of ceramic sanitaryware equipment spare parts is another major factor projected to hinder the market growth over the forecast period. Moreover, the lack of access to proper sanitation in rural areas due to the economic burden of poor sanitation in India which has a range of negative impacts on society is also expected to restrict the market growth. As per the report published by The Wire in November 2017, India, is the world’s second-largest country by population, has the highest number of people (732 million) without access to toilets.
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Key Takeaways:
Water closets segment in India ceramic sanitaryware market was valued at US$ 3,824.0 Mn in 2022 and is forecast to reach a value of US$ 10,635.3 Mn by 2030 at a CAGR of 13.64 % between 2023 and 2030. Growing awareness on hygiene and sanitization is a major factor propelling the growth of water closet segment in India. Residential segment dominated the India ceramic sanitaryware market in 2019, accounting for 60 % share in terms of volume, followed by the commercial segment. This is due to significant investments in the construction industry. For instance, in February 2018, DLF purchased 11.76 acres of land for US$ 231.7 in Gurugram Haryana.
Market Trends
The rising launch of the vanity basin is expected to propel the market growth over the forecast period. For instance, in January 2019, Somany Ceramics launched its premium line of French Collection Bath Fittings in New Delhi. The designs are based on cutting edge technology in sync with the smart bathrooms of today. The French collection by Somany Ceramics encourage sustainable and energy-efficient bathroom solutions such as smart toilets, automatic flush systems, and automatic faucets. Increasing adoption of new technology for manufacturing of sanitaryware product is projected to foster the market growth over the forecast period. For instance, in July 2019, Spanish bathroom and sanitaryware firm Roca Group is focusing on water conservation, design, quality, and sustainable technologies, as part of its global strategy to increase its footprint in India over the next three years. The company has invested a sizeable amount in startups to bring sanitary products infused with technology. Therefore, such investment in the adoption of advanced technologies is projected to fuel the market growth of Indian ceramic sanitaryware.
Competitive Section: Company Names
Players active in the 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
Few Recent Developments
Toto Ltd
- In 2015, the company launched a wide variety of water closets with an automatic cleaning feature that can be operated by the touch of a button. These water closets can be operated either by remote control or by a side control panel.
Kajaria Ceramics Limited
- In 2015, Kajaria Ceramics Limited launched vanity basins in India
- In 2015, the company inaugurated two Kajaria Ceramics Galleries in Delhi NCR
- In 2015, Kajaria Ceramics set up a plant with a production capacity of seven lakh pieces of ceramic sanitaryware at Morbi in Gujarat
Villeroy Boch Group
- In February 2015, the company added a new range of bathtubs and vanity basins to its product line
