India is now the world's second-largest ceramic tile producer in the world and the industry is poised for robust growth – it is expected to grow at a CAGR of 13.54 per cent to reach $17.36 billion by 2029. The current size of the organised sector is about Rs 72 billion while the unorganised sector accounts for nearly 60 per cent. That said, superior quality, a wide range of classic designs, competitive pricing and adoption of the latest technologies combine to make India a force to reckon with in the global ceramic market.

Demand drivers

Key demand drivers for the sector include rising urbanisation, increased construction, and renovation, rising disposable incomes and growing consumer preferences for durable, aesthetically appealing flooring options. Additionally, advancements in tile technology and the expanding availability of diverse designs also fuel market growth...

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