The global ceramic sanitary ware market reached a value of US$ 40.4 Billion in 2018. Ceramic sanitary-ware is made of a glass like china body that is heated over high temperatures to get the desired shape or design. Ceramic sanitary-ware are plumbing fixtures that include shower-plates, wash-basins, toilet-bowls, bath tubs, etc. The ceramic products are highly cost-effective and easy to maintain as they are abrasion resistant, corrosion resistant, and have a longer shelf-life in comparison to their steel and iron counterparts. Ceramic sanitaryware are also highly customizable providing the consumer with a variety of colour and design options to choose from.
Sanitary-ware is one of the basic requirements in residential, commercial and public spaces hence growth in the global real estate market is a key market driver. End-users prefer to use ceramic sanitary ware as they are extremely durable, requires low maintenance and has high resistance to environmental conditions. This has resulted in increased demand in various consumer sectors such as hotels, hospitals, industries, residences and other public places. Moreover, factors such as rising disposable incomes and increasing inclination towards luxury residential fittings, are also influencing the consumer preference towards ceramic fittings. Furthermore, the demand for ceramic sanitary ware has increased due to construction of large number of commercial malls and complexes. Consumers prefer to use long lasting and designer ceramic fittings as they add to the aesthetic value and luxurious feel of the complex. Looking forward, IMARC Group expects the market to reach a value of US$ 64.8 Billion by 2024, registering a CAGR of around 8% during 2019-2024.
The report has also analysed the competitive landscape of the market with some of the key players being Roca Group, Geberit Group (Sanitec Corporation), Toto, Rak Ceramics, Lixil Corporation, Duravit AG, Ideal Standard International S.A., Hsil, Villeroy & Boch, Duratex S.A., Kohler Co., Lecico Bathrooms, Eczacibasi, Sanitana, Catalano, Porcelanso Group (Noken), Jaquar, Saudi Ceramics, Shanghai Acquacubic Sanitary Ware Co. Ltd., Cera Sanitaryware Ltd., Eagle Ceramics Ltd., etc.
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