Research Report on India Sanitaryware Market

Market reports on India presents the latest report on “Research Report on India Sanitaryware Market” http://www.marketreportsonindia.com/industry-mfg-market-research-reports-13408/india-sanitaryware1.html There are approximately 250 local companies majority of which are located in Gujarat, the unorganized players produces sanitaryware using traditional technologies.

02nd Jan 2016 , – Navi Mumbai, India: Market reports on India presents the latest report on “Research Report on India Sanitaryware Market”. The demand for the sanitaryware products arises mainly from institutional sector viz. real estate, hospitals and hotel industries and retail sector.

India sanitaryware market is growing with the CAGR of 12% to 15% from last four years and is projected to have a steady growth by the year 2021 due to increasing disposable income, rapid urbanization and changing end user preferences. The Indian sanitaryware market is divided into Organized market and Unorganized market. There are approximately 250 local companies majority of which are located in Gujarat, the unorganized players produces sanitaryware using traditional technologies and they serve mass market and export market while the organized ones in the segment uses latest technologies and addresses to standard and premium market segment.

The big organized players in the segment are HSIL, Parryware, Cera, Roca and others. The major share in terms of value is captured by the organized players. The demand for the sanitaryware products arises mainly from institutional sector viz. real estate, hospitals and hotel industries and retail sector.

“India Sanitaryware Market Overview”, India's sanitaryware market is estimated to grow with the CAGR of 20.87% over the period of six years. HSIL being the market leader will face fierce competition in coming years from the new multinationals coming to India along with Parryware, Roca and Cera as the major competition in the premium and super premium segment. The...