Malaysia Ceramic Tiles Market - Growth, Trends, and Forecasts (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||937923|
|出版日期||內容資訊||英文 150 Pages
|馬來西亞的陶瓷瓷磚市場:成長，趨勢，預測(2020年∼2025年) Malaysia Ceramic Tiles Market - Growth, Trends, and Forecasts (2020 - 2025)|
|出版日期: 2020年05月01日||內容資訊: 英文 150 Pages||
The Malaysian ceramic tiles market is expected to witness strong growth in the forecast period owing to factors such as the rising standard of living, increasing construction activity in residential as well as the commercial sector, and growing urbanization. Furthermore, the number of households in the country is anticipated to increase by 2021 raising the demand for residential units, which will directly impact the demand for the ceramic tiles industry in the country. The increasing number of commercial units in the future will also witness an increased demand for ceramic tiles.
The southern and central regions of Malaysia witness the highest sales of ceramic tiles in the country due to the high number of commercial and residential buildings located in these regions. The exports of Malaysian tiles are also increasing exponentially with an increasing demand for wall and roof tiles. The companies are also constantly coming up with product variations in terms of designs, sizes, and variants which are expected to further propel the demand for ceramic tiles in upcoming years.
Increasing Usage of Ceramic Tiles in Replacement and Renovation
The replacement demand for ceramic tiles in the country has increased over the years by existing residential, commercial, and government units in the country which is positively impacting the demand for ceramic tiles in household units where people are looking for renovation or replacement of ceramic tiles products. The increasing shipments of Malaysian tiles due to strong demand in the foreign sector have further improved the industry's revenues. The demand for ceramic tiles has increased over the years with the launch of new items. While renovating homes people in the country majorly use ceramic tiles in kitchens, toilets, and balcony walls because they are non-slip and scrub resistant.
Porcelain Tiles are the Dominant Category
Most of the newly constructed houses and commercial complexes are using ceramic tiles for flooring due to the ease of installation and the availability of ceramic tiles in varied forms based on the requirements of the user. The prices of porcelain tiles are also relatively higher when compared with other ceramic tile categories which cause a higher revenue generation by this segment. Porcelain tiles can be used for both indoor as well as outdoor applications and can be used on floors and exterior walls. Porcelain is the major choice in places where there is higher moisture content and increased foot traffic as they are slip-resistant in nature.
Malaysia tile industry is fragmented in nature with various organized and unorganized players operating in the space. Some of the major players in the market include YI-LAI Berhad, White Horse, MML, Kim Hin Industry Berhad, Guocera, Seacera Group Berhad, Johan holdings, and Niro Ceramic Group. Established players are already having a strong presence in the market and hence new players can enter the market only through mergers or acquisitions. The big players concentrate on the exports as well as the domestic market whereas the small players cater to the domestic demand for tiles in the country.