As Andhra Pradesh gears up to build its new capital city, building materials companies based in South India have bet big on the expected growth in the sector and have planned capacity expansions. With infrastructure as the current focus, cement, gypsum and glass are expected to be major gainers.
We believe other sectors such as ceramicware, sanitaryware, paints, etc. will also witness a lot of growth in the long run. Ceramic, sanitaryware and white goods are some of the other building product segments that have witnessed a lot of traction in the last month with planned expansions, increase in retail presence and even entry of global brands.
The furniture industry in India is likely to witness a structural change with the entry of Swedish furniture major IKEA as well as major e-commerce companies such as Amazon, ShopClues, etc. While the organized sector currently occupies only about 10% of the industry, we anticipate this sector to outpace the growth of the unorganized sector driven by demand from metros and tier 1 cities.
Demand from Andhra Pradesh’s new capital driving expansion plans for major cement gypsum providers; real estate growth in other cities such as Kochi, Bengaluru and Chennai prompting expansions in other segments as well
The organized furniture market in India is expected to witness tremendous growth with the entry of IKEA along with success of large e-commerce players such as Amazon, Pepperfy, ShopClues and Urban Ladder
The Indian waterproofing products (non-traditional) market is currently valued at ~INR 2,600 crore and is expected to grow at a CAGR of 20% over the next 4 years. Our infographic this month details out the waterproofing products market split by various product segments such as liquid, powder, solution, sheet and epoxy/PU foam.
An importer of high quality lighting fixtures in the US wanted to gauge the feasibility of sourcing decorative lighting fixtures from India rather than
China. They also wanted to identify Indian manufacturers who could be potential business partners. We presented a comparison of the business environment between India and China. Over 200 Indian manufacturers of decorative lighting fixtures were identified; eight were shortlisted based on their financial stability and manufacturing, designing and export capabilities.
DICE (Design, Interiors, Construction & Engineering) Exhibition, Mysore, 30th-31st July 2016
Sustainability in Design & Construction India 2016, Chennai, 2nd-3rd August 2016
INDIA FURNITURE EXPO 2016, Mumbai, 5th-8th August 2016
Glass Doors Windows Expo, Chennai, 5th-7th August 2016
IFFARE India 2016 (International Furniture, Furnishing, Accessories & Raw Material Exihibition), New Delhi, 22nd-24th August 2016