In the fiscal years 2021–22, India’s exports of ceramics and glassware products, including stair ceramic tiles as well as tiles for other areas, reached a record-breaking total of $3,464,000,000,000 to the neighboring countries and other countries that are geographically adjacent to India.
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When compared to the $1292 million that was reported in FY14, this number has increased by 168.11%. The Minister of Commerce and Industry, Piyush Goyal, stated that the rise in the export of ceramic tiles was made possible by an increase in the number of shipments of ceramic tiles and products related to sanitary wares. According to Goyal, the Indian tile industry has become a global player and generates foreign exchange for the country through the implementation of the “Make in India” approach. According to him, today India is the world’s second-largest manufacturer of tiles in the world. He went on to say that the increase in the export of glassware products was made possible by an increase in the number of shipments of articles made of glass fibre, made-up articles made of glass fibre, porcelain sanitary fixtures, glass mirrors, and tinted non-wired glass. India currently exports goods to more than 125 countries, with Saudi Arabia, the United States of America, Kuwait, the United Arab Emirates, Iraq, Oman, Indonesia, the United Kingdom, and Poland ranking among its top destinations. In terms of imports, India is ranked number 23, but it is the sixth largest exporter of ceramic products in the world. These exports account for 3% of the global total. The value of India’s exports of ceramic products has increased from US$ 301.4 million in 2010 to US$ 1.7 billion in 2019, representing a CAGR of 21.19 percent, while the number of exports has increased at a rate of 21.19%.
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The market for these tiles is expected to reach $94.13 billion in the US by 2026. The ceramic tile industry is comprised of both structured and unstructured actors. The organized players hold nearly 40% of the market share, while the unorganized players hold nearly 60%. The majority of the players are located in Morbi, Rajkot, and other clusters. Ceramic tiles, refractory ceramic constructional goods, sanitary ware, refractory goods, and other ceramic articles were among the most important types of ceramic products exported from India in 2019. In 2019, the worldwide market for ceramic tiles was estimated to be worth 97 billion US dollars, and it is anticipated that it will increase at a 9% compound annual growth rate between 2019 and 2029. It is anticipated that by the year 2029, its worth will have increased to $228 billion USD. Between the years 2019 and 2027, the industry is projected to have a compound annual growth rate (CAGR) of 7.6% in terms of volume (million square feet). The Asia-Pacific area is a significant hub for the manufacturing of ceramic tiles, with China being the biggest producer of ceramic tiles in the world. India comes in second place.
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