PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Long Term Growth Envisaged for the GCC Ceramic and Porcelain Tiles Market Finds Frost & Sullivan - Significant rise in construction activities in the Gulf Cooperation Council (GCC) countries has led to substantial expansion of the ceramic and porcelain tiles market
Long Term Growth Envisaged for the GCC Ceramic and Porcelain Tiles Market Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Dubai, UAE, United Arab Emirates, 2013/10/29 - Significant rise in construction activities in the Gulf Cooperation Council (GCC) countries has led to substantial expansion of the ceramic and porcelain tiles market.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Interior/Deco/Restoration Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Amongst the GCC countries, the Kingdom of Saudi Arabia (KSA) and Qatar are experiencing an increase in demand from the Building Materials industry due to their long term growth plans and World Cup related projects. This growth has witnessed increased participation of foreign players who in-turn have contributed to the overall market maturity.

As per Frost & Sullivan estimates, Chinese and European brands supply to more than 50 per cent of the ceramic tiles demand in the GCC, followed by local manufacturers along with small portions from other countries such as Malaysia, India and Egypt. More than 25 per cent of the total production in the GCC is currently being exported to non-GCC countries. It has been observed that demand for ceramic tiles is as high 70 per cent compared to a much lower 30 per cent demand for porcelain tiles. The UAE dominates demand for porcelain tiles, as there is high market penetration due to higher customer preferences and affordability. Furthermore, only 12 per cent of the porcelain tiles produced in the GCC is currently exported to non-GCC countries as the remainder is consumed in the GCC itself.

The major challenges for tiles market in the GCC markets are high degree of price sensitivity and emphasis on high quality. Additionally, availability of alternate products such as vitrified tiles is the key threat challenging the growth of ceramic and porcelain tiles market in the GCC. According to Frost & Sullivan estimates, as high as 60 per cent of new buildings in the UAE opt for vitrified tiles as these are more durable and long lasting compared to ceramic tiles. However, the influx of Chinese products has forced many GCC manufacturers to target only the high-end market, as Chinese products dominate the low-end market.

"Augmenting local production, aggressive marketing, and leveraging the existing distribution structure will bring down imports, which is currently one of the major challenges being faced by the tiles market. Product customisation, increasing product availability through prudent sales channel and applying innovation in manufacturing to cut down cost should be short term focus for the industry", said an Environmental and Building Technologies analyst from Frost & Sullivan.

Most of companies present in the GCC are planning to enter porcelain supply, as distributors fetch better profit margins for imports from China. Frost & Sullivan analysis forecasts that USD 4.30 trillion would be spent on the construction sector in the GCC over the next 10 years. Hence, the Tiles market in the GCC is expected to witness a positive trend and manufacturers are expected to give equal attention to exports and local market. Similarly, despite a low demand for Porcelain owing to cost-consciousness, as the market progresses in its life cycle, penetration of Porcelain is likely to increase.

If you are interested to know more about this market, please send an email with your contact details to Tanu Chopra/ Paroma Bhattacharya, Corporate Communications, Frost & Sullivan, at tanu.chopra[.]frost.com/ paromab[.]frost.com

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation, and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices, as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics, and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

For more information, Contact
Nimisha Iyer, Corporate Communications - Middle East, North Africa, and South Asia
P: +91.98200 50519 / F: +91.22.2832 4713 - E: niyer[.]frost.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Interior/Deco/Restoration Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Interior/Deco/Restoration articles,
CATCH Visitors via Your Competitors Announcements!


Long Term Growth Envisaged for the GCC Ceramic and Porcelain Tiles Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan | GCC Ceramic
Publisher Contact: Tanu Chopra / Paroma Bhattacharya 
+91 22 66072037 / +91 22 66072038 tanu.chopra[.]frost.com / paromab[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Interior/Deco/Restoration via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Interior/Deco/Restoration Most Recent Related Newswires:

First Grow Light Developed for Interior Design, The Aspect, Launches
Blinds City Announces its Strategic Alliance with Hipages Australia
Azoth Analytics Releases 2016-2021 Global Countertops Market Report
GlassPaint.com Launches Newly Redesigned Website
Azoth Analytics Publishes Global Carpet Tiles Market Report 2016-2021
Verbatim’s Vx-filter Technology Enriches Lighting Spectrum to Render Objects with Exact Colours
Exeter Cookery School to Feature Cutting-edge Luxury Kitchen
MaydayProServices.com Water Damage Restoration Company Donating Percentage of its Proceeds
Nestopia Launches the New Cost Estimator Tool
Zed Teen Launch Bedroom Interiors Website for Teens
In The Window™ Launches A Strikingly Immersive Social Experience of Design Stories and Curated Collections
AJS Carpet Cleaning, Inc. Earns Esteemed 2014 Angie’s List Super Service Award
Natuzzi Italia Store Opens in the Miami Design District
Grease Lightning Oven Cleaning Experiencing Their Best First Quarter Results
Lost Foundries Introduces Line of Industrial Style Lighting with Rustic and Refined Elements

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)