Sanitary Hardware Market in India

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Apr 17, 2014, 02:22 ET

DUBLIN, April 17, 2014 /PRNewswire/ --

Dublin - Research and Markets (http://www.researchandmarkets.com/research/vtq37r/sanitary_hardware) has announced the addition of the "Sanitary Hardware Market in India" report to their offering.

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The analysts forecast the Sanitary Hardware market in India to grow at a CAGR of 17.89 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in real estate construction. The Sanitary Hardware market in India has also been witnessing the increase in demand for luxury sanitary ware products. However, the availability of low-quality products as a potential substitute could pose a challenge to the growth of this market.

The report, the Sanitary Hardware Market in India, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Sanitary Hardware market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

There is a growing demand for sanitary ware products and many medium sized players are expanding their business operations on a pan-India basis. The organized players have captured a market share of 60 percent and this is mainly due to the growing demand for branded products. The larger players have increased their presence across India by collaborating with dealers and distributors to reach a wider target audience and have set up showrooms in major cities across India. Thus, the growing organized sanitary hardware market is a new trend that is expected to auger well for the growth of the market during the forecast period.

According to the report, one of the major drivers in this market is the increase in real estate construction. The development of new real estate projects such as residential, commercial centers, office spaces, and hospitality centers in the metro cities such as Delhi, Mumbai, Chennai, and Kolkata and in tier 1 cities such as Ahmedabad, Bangalore, and Hyderabad has increased the demand for sanitary ware and bathroom fittings.

Further, the report states that one of the major challenges in this market is the availability of low quality sanitary ware and bathroom fitting products. The market is dominated by smaller unorganized players and a majority of these players manufacture low quality products using outdated technology and cheap raw materials. The presence of such low quality and cheap products in the market has resulted in price wars among the existing players.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

07. Market Segmentation by Product

08. Buying Criteria

09. Market Growth Drivers

10. Drivers and their Impact

11. Market Challenges

12. Impact of Drivers and Challenges

13. Market Trends

14. Trends and their Impact

15. Vendor Landscape

16. Key Vendor Analysis

17. Other Reports in this Series

Companies Mentioned: