Indian Sanitary Ware Market : Industry Analysis and forecast 2026

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Indian Sanitary Ware Market size which valued US $ XX Mn in 2019 and the total revenue is expected to grow at 9:49% through 2020 to 2026, reaching US $ XX Mn.

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Indian Sanitary Ware Market Overview:

Indian Sanitary Ware Market had experienced steady development over the last few years. Along with the development in the housing market, the related industry verticals, like bathroom fittings, are also poised for strong development during the forecast period. Bathrooms in modern Indian houses are embellished with fittings & interiors which make a style statement.

The housing sector has been rising, owing to the increase in the purchasing power of persons, continuous increase in population, and rise in the number of nuclear families, swift urbanization, & government intervention to deliver easy loans, among others. This influence, in turn, has been contributing toward the development of the Indian sanitary ware market. Moreover, the Indian real estate industry is addressing the demand for built-up space, from a diversity of property segments, like offices, housing units, shopping malls, hospitality industry, manufacturing sector, & logistics facilities. Therefore, the housing sector is experiencing major growth, thereby powering the demand for bath fittings, which form an essential part of the modern-day infrastructure.
Rising Urbanization is driving the Market:

The development of the sanitary ware market in India has been majorly driven by increasing urbanization & improving customer awareness regarding new bath accessories. A home with at least one bathroom has become a need in urban regions, which in turn has led to a rise in demand for bathroom fittings. The main influences driving the bathroom fittings market contain rapid urbanization & improving living standards. As a result, customers are now becoming more inclined toward premium & high-end household fittings. In addition to this, the growing urbanization levels, along with the increasing construction of smart & luxury housing plans have further augmented the demand for bathroom fittings. Numerous automated bathroom accessories with, sensor taps, smart showers / mixers, automatic soap dispensers, etc., are gaining acceptance,

The development has been increasing due to increase in customer's disposable income, rapid urbanization, & fast increase for housing & changing customer preferences. Industries such as hospitality & tourism have increased the demand for ceramic sanitary ware products. The development is further boosted by initiatives taken by the government like Swachh Bharat to expand & encourage cleanness in India particularly in the rural & underdeveloped areas. In terms of region, the southern region of India leads the market in terms of consumption. Higher literacy rates & increased consciousness for the need for sanitation in this region are the reasons behind this. Increased development in the hospitality, Special Economic Zone, Residential & Healthcare sectors in the metropolitan cities of India,
India: Degree of Urbanization from 2014 to 2019:

There are two types of companies that manufacture sanitary ware in India. One is the unorganized companies that chiefly serve the masses or customers with low-income. The other is the organized companies cater to the premium market segments. The market is further split into prices like low end, mass market, premium & luxury. 60 percent of the market is ruled by organized companies whereas the unorganized industry contributes to less than 40 percent of the market. India is also developing as one of the popular manufacturing hubs for this industry owing to lower labor costs & availability of raw material. This has led many MNCs to set up their manufacturing facilities in India.

The report covers Faucets, Shower Fittings,Thermostats Others, with detailed analysis Indian Sanitary Ware Market industry with the classifications of the market on the Product Type, End Use & region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it.The report has profiled twelve key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced Plastic Type, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in five regions. The major country’s policies about manufacturing & Covid 19 impact on demand side are covered in the report.

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Scope of the Indian Sanitary Ware Market: Inquire before Buying

Indian Sanitary Ware Market, By Region

• North India
• South India
• East India
• Western India
Indian Sanitary Ware Market Key Players

• Kajaria Ceramics Limited
• Somany Ceramics Limited
• H. & R. Johnson (India) Limited
• Asian Granito India Limited
• Simpolo Vitrified Private Limited
• Indian Sanitary Ware and Bathroom Fittings Industry
• HSIL Limited
• Parryware Bathroom Products Private Limited
• Cera Sanitaryware Limited
• Jaquar And Company Private Limited
• Grohe India Pvt. Ltd.

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