Malaysia Tiles Market is expected to reach USD 5.7 billion by 2021: Ken Research - PowerPoint PPT Presentation

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Malaysia Tiles Market is expected to reach USD 5.7 billion by 2021: Ken Research

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Malaysia tiles market is expected to grow at a CAGR of ~% during 2016-2021 from USD ~ billion in 2016 to USD ~ billion in 2021 owing to urbanization and rising disposable income. For more information on the research report, refer to below link: – PowerPoint PPT presentation

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Title: Malaysia Tiles Market is expected to reach USD 5.7 billion by 2021: Ken Research


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Malaysia Tiles Market is expected to reach USD
5.7 billion by 2021 Ken Research
2
Malaysia Tiles Market By Type of Tile (Floor
Tile, Wall Tile and Roof Tile), By
Material/Process (Porcelain, Ceramic and Others),
By Market Organization (Organized and
Unorganized), By Regional Sales (Southern and
Central Region, Western Region, Eastern Region
and Northern Region), By Residential and
Commercial Sales, By Exports and Domestic Sales
and By Application (Bathroom Tiles, Façade Tiles,
Home tiles, Office tiles, Tiles used in shopping
malls/Retail outlets, Tiles used at airports and
stations and Tiles used in hospitals).
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(No Transcript)
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  • The rising number of households is expected to
    increase demand for the tiles in Malaysia making
    a positive impact on the market in the country.
  • Malaysia Tiles market has shown an impressive
    growth rate in 2016 owing to growth of tourism in
    the country and the trend is expected to follow.
  • The corporate inclination towards carpet tiles in
    Malaysia is expected to affect the tiles market
    in a positive manner.
  • The expanding residential sector in the country
    has triggered the demand for tiles in Malaysia in
    past few years. The residential units inclined
    from 2011 to 2016 owing to population growth and
    urbanization over the years. The rise in demand
    from residential sector has led to manufacturing
    of various kinds of tiles according to their
    requirements. In Budget 2017, the Government
    reaffirmed its focus on initiatives including
    PR1MA, Peoples Housing Programme

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  • and Peoples Friendly Homes. This is expected to
    affect the tile market in Malaysia in a positive
    manner as there will be demand for both new and
    replacement tiles by the sector in the country.
  • The inflow of foreigners in the country has
    increased owing to job opportunities, tourist
    attractions, education institution, patients
    visiting hospitals and other reasons. The
    increase in tourism has led to construction,
    development and renovation of the spaces such as
    hotels, hospitals, markets and others. This has
    further led to rise in the demand of tiles for
    floor and wall application in case of new and
    replacement tiles.
  • The tile industry has been following new
    technologies and has been launching new variants
    in the country. Serving a typical set of
    benefits, carpet tiles are coming forth as a
    modern category in tiling industry favored
    heavily by the corporate sector of Malaysia. This
    category of flooring tile, backed by designer
    recommendations,

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mitigates installation clutch, flexibility to the
user in terms of knack to mutate (designs and
colors), functionality and designer friendly
replacement countenance. With emerging commercial
startups this soft flooring industry will
continue to face rapid expansion with emerging
institutional sector. Similar trends are expected
to be adapted by residential sector stimulating
the trend further. With the rise in commercial
establishment especially springing startup
offices, a sustained shift is witnessed from
ceramic and porcelain to carpet tiles. Ken
Research in its latest study, Malaysia Tiles
Market by Type (Floor Tile, Wall Tile and roof
Tile), by Material/Process (Porcelain, Ceramic
and Others) Outlook to 2021 suggests that
Guocera, MML, Niro Caeramic Group), White Horse,
Kim Hin Industry Berhad, YI-LAI Berhad, Johan
holdings and Seacera Group Berhad will remain the
major tile manufacturers in this space.
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Malaysia Tiles Market is projected to register a
positive CAGR during the period 2016-2021. Rising
export sales to other countries, consumer
preference from ceramic to porcelain and rising
popularity of modern houses is expected to drive
the Malaysia Tiles Market in the future. The
report provides information on market size of the
Malaysia Tiles Market, market segmentation on the
basis of type of tile, material, market
organization, regional sales, residential and
commercial sales, by exports and domestic sales
and by application. Key Topics Covered in the
Report Wooden Flooring Market Malaysia Sales
Tiles Malaysia MML Tiles Market Malaysia Kim Hin
Industry Tiles Sales Guocera Malaysia Tiles
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Tile Manufacturer Malaysia White Horse For more
information on the research report, refer to
below link https//www.kenresearch.com/manufactur
ing-and-construction/construction-materials/malays
ia-tiles-market/142606-97.html Related Reports
by Ken Research https//www.kenresearch.com/manufa
cturing-and-construction/construction-materials/in
donesia-floor-wall-roof-tiles-market/141305-97.htm
l https//www.kenresearch.com/manufacturing-and-c
onstruction/construction-materials/india-floor-wal
l-roof-tile-market/142318-97.html
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https//www.kenresearch.com/manufacturing-and-cons
truction/construction-materials/malaysia-waterproo
fing-membrane-market/142261-97.html Contact Ken
Research Ankur Gupta, Head Marketing
Communications sales_at_kenresearch.com 91-124-42302
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