India Sanitary Ware market is projected to reach the valuation of USD 948.5 Million by 2025 with a CAGR of 5%.
Sanitary ware includes cisterns, toilet sinks, washbasins, and pedestals. These products were traditionally manufactured using porcelain, which is a ceramic material. However, sanitary wares are now being made using glass, metals, plastics, and other materials. Ceramic sanitary wares are lucrative, have an outstanding battle to chemical attacks, and can endure heavy loads.
Reasons such as an increase in construction activities in emerging countries, surge in concerns related to health & hygiene, and obtainability of plentiful raw materials, drive the growth of the sanitary ware market. Besides, issues, such as a fit lifestyle, disposable income of customers, increase in urbanization, development in the shift from unbranded products to branded products, and durable replacement demand, have supplemented the growth of the global sanitary ware market. However, strict government rules are anticipated to hamper the sanitary ware market during the forecast period. Supportive government initiatives, such as Pradhan Mantri Awas Yojana (PMAY) and Swachh Bharat Mission for infrastructure development, both in urban and rural areas, are expected to offer future development chances in emerging countries, such as India, to the sanitary ware market players.
Due to an increase in the approval of concept washrooms, some of the manufacturers are catering to a one-stop-shop solution for all the sanitary-ware and fittings requirements. Moreover, as in-store experience has gained high importance, the manufacturers are establishing experience-centres wherein clienteles can see a virtual bathroom after it undergoes a whole renewal. The rising number of these experience-centres acts as one of the vital factors enticing the consumers to intent towards exceptional products for bathrooms, therefore solidifying the growth of the Indian tiles, sanitary ware, and bathroom fittings market.
A surge in the budget of drinking water and cleaning programs, like the Swachh Bharat Abhiyaan, by the Indian Government, has given momentum to the building of toilets in rural regions. The application of the scheme mentioned above has multiplied the demand for tiles, sanitary wares, and bathroom fittings in the country.
The toilet sink/water closet is dominating the market
The toilet sink/water closet and cistern sections control India’s sanitary ware market and are predictable to retain their supremacy during the prediction period. Rising cleanliness consciousness in emerging and advanced countries has been donating to the evolution of this section. Rising disposable incomes in evolving countries have led to a surge in demand for more premium sanitary ware products for supplementary suitability. Apart from this, environmental worries, such as water shortage and others, have fortified makers of sanitary ware to design new kinds of toilet sinks/water closets and cisterns to diminish depletion of water.
Ceramic Sanitary Ware Segment is playing major role in the Sanitary Ware Market.
The request for ceramic sanitary ware products is growing due to development in the real estate market. Furthermore, government initiatives to improve hygiene levels across areas are added factors that fuel market development. Besides, a growing request for accessories among hospitals, washbasin, bathtubs, shower plates, housing, hotels, educational institutes, industries, and other public places is another reason that motivates the market growth. Moreover, product innovations in the ceramic sanitary ware and changing consumer preferences are also predictable to stimulate the market growth. However, a comparatively low replacement rate of the sanitary product owing to lower rates of innovation and transformation of existing systems is predictable to hinder the market growth.
Increasing investment by the government in infrastructural development
The demand for sanitary wares is predictable to rise considerably because increasing focus towards saving of commercial spaces and core projects, such as hotels, airports, hospitals, and construction projects. The formability and pourability of ceramic material allow manufacturing of several sanitary ware products. Owing to its adaptability and agreeable appearance, ceramic is the most general material used to manufacture high-quality sanitary fittings.
The demand for sanitaryware items, which originates from the development of new infrastructure, buildings, etc., is known as a new request. In contrast, in the case of renewals or remodelling, the demand is called a spare market.
South Region is expected to witness significant growth in the market during the forecast period.
India Sanitaryware Market premium section now donates almost 20% to the complete sanitaryware market incomes. This development can be credited to details like increasing disposable income, rapid growth, and altering end user likings. The market additional gets increase because of growing positivity in the generosity and tourism industry along with numerous Government initiatives like Clean India Campaign to quick sanitation in the country. Major companies working in the controlled sector are HSIL, Cera Sanitaryware, Parryware Roca, Kohler India, Duravit India, and Jaquar. The sanitaryware market is fragmented based on geography into North, East, West, and South. The South region governs in the ingesting of sanitaryware products due to improved consciousness in those areas.
India Sanitaryware Market: Competitive Landscape
Companies such as CERA Sanitaryware Limited, Corona, Geberit AG, HSIL Limited, Jaquar Group, Kohler Co., LIXIL Group Corporation, LAUFEN Bathrooms AG, Lecico Egypt, and Roca Sanitario, S.A.