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India is the 6th largest exporter of Ceramic products, accounting for 3% of world exports and ranks 23 in terms of imports. India’s exports of the ceramic products have grown at a CAGR of 21.19%, and the value of exports have increased from US$ 301.4 million in 2010 to reach US$ 1.7 billion in 2019. In 2019, Saudi Arabia was the largest importer of India’s ceramic products, followed by USA, and UAE. The top 5 importers constituted 36.9% of India’s exports in 2019. The importance of the ceramic sector is evident from the trade surplus it generates for India, which stood at US$ 1.16 billion in 2019.
Ceramic tiles forming 0.39% of India’s cluster exports dominate India’s export market for ceramic products and makes it the 4th largest exporter of the product. The market for these tiles is expected to attain US$ 94.13 billion level by 2026. The ceramic tile sector has both organised and unorganised player – the former have nearly 40% share and the latter nearly 60% share, and most players lie in Morbi, Rajkot and other clusters. India’s major exported ceramic items in 2019 included ceramic tiles, refractory ceramic constructional goods, sanitary ware, refractory goods, and other ceramic articles.
The global market for ceramic tiles was valued at US$ 97 billion in 2019 and it is expected to grow at a 9% CAGR between 2019 and 2029. By 2029, it is expected to be valued at US$ 228 billion. In volume terms (million sq. ft) the CAGR of 7.6% can be expected in the sector between 2019 and 2027. Asia Pacific region is a huge centre of its production and China is the largest ceramic tile manufacturer in the world, followed by India.
With government’s attempts to address the challenge of housing expansion through schemes like Pradhan Mantri Awas Yojana (PMAY-Urban) wherein it targets building of 1 crore houses by 2022 and Pradhan Mantri Awas Yojana (PMAY-Gramin) in which it assured eligible beneficiaries of 1.95 crore houses with between 2019-20 and 2021-22 equipped with amenities like toilets, electricity and LPG – the ceramic sector is expected to see a major expansion in demand.
Mr. Girish Patel
Asian Granito India Ltd
Mr. Neel Pujara
Emcer Tiles Pvt Ltd
Mr. Mayank Patel
Sanford Vitrified Pvt Ltd
Mr. Parth Gadara
Sez Vitrified Pvt Ltd
Mr. Urvesh Desai
Lorence Vitrified LLP
Mr. Chirag Sadariya
Nessa Vitrified LLP
Mr. Nirav Vaishnav
Jalaram Ceramics (Siddharth Tile)