Market Size of Malaysia Ceramic Tiles Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR (2024 - 2029) | 4.67 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Malaysia Ceramic Tiles Market Analysis
The Malaysia Ceramic Tiles Market is expected to register a CAGR of 4.67% during the forecast period(2024-2029).
The Malaysian ceramic tiles market is expected to witness strong growth over the forecast period owing to factors such as the rising standard of living, increasing construction activity in the residential and commercial sectors, and growing urbanization. Furthermore, the number of households in the country is anticipated to increase by 2021, driving the demand for residential units, which will directly impact the ceramic tile industry's growth 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 the upcoming years.
Malaysia Ceramic Tiles Industry Segmentation
The ceramic industry is the businesses related to making, marketing, and selling ceramics and ceramic parts, which includes tiles, pots and etc. This report aims to provide a detailed analysis of the Malaysia Ceramic Tiles Market. The report focuses on the market dynamics, emerging trends in the segments, and insights into various product and application types. Also, analyzes the key players, and competitive landscape. The Malaysian Ceramic Tiles Market is Segmented by Product (Glazed, Porcelain, Scratch Free, and Other Products), by Application (Floor Tiles, Wall Tiles, and Other Applications), by Construction Type (New Construction, Replacement, and Renovation), and End User (Residential and Commercial). The Report Offers Market Size and Forecasts for the Malaysian Ceramic Tiles Market in Value (USD) for all the Above Segments.
| By Product | |
| Glazed | |
| Porcelain | |
| Scratch Free | |
| Other Products |
| By Application | |
| Floor Tiles | |
| Wall Tiles | |
| Other Applications |
| By Construction Type | |
| New Construction | |
| Replacement and Renovation |
| By End User | |
| Residential | |
| Commercial |
Malaysia Ceramic Tiles Market Size Summary
The Malaysian ceramic industry is poised for significant growth, driven by factors such as rising living standards, increased construction activities, and urbanization. The demand for ceramic tiles is expected to surge, particularly in the residential and commercial sectors, as the number of households and commercial units continues to rise. The southern and central regions of Malaysia are the primary hubs for ceramic tile sales, attributed to the concentration of commercial and residential buildings. The industry is also experiencing a boost from exports, with a growing demand for wall and roof tiles. Companies are innovating with diverse designs, sizes, and variants, further fueling the market's expansion. The replacement demand for ceramic tiles is on the rise, as existing units seek renovation or replacement, enhancing the industry's growth trajectory.
The Malaysian ceramic tile market is characterized by its fragmented nature, with numerous organized and unorganized players. Major companies like YI-LAI Berhad, White Horse, and Guocera dominate the market, focusing on both domestic and export demands. New entrants face challenges in penetrating the market, often requiring mergers or acquisitions to establish a foothold. The industry sees a preference for porcelain tiles due to their slip-resistant properties and suitability for high-moisture and high-traffic areas. Recent developments include Niro Ceramic Group's plans for an IPO to accelerate growth and Somany Ceramics' introduction of a unique tile concept, highlighting the ongoing innovation and strategic initiatives within the sector.
Malaysia Ceramic Tiles Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Value Chain Analysis
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1.5 Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitutes
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1.5.5 Intensity of Competitive Rivalry
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1.6 Insights into Technological Advancements in the industry
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1.7 Impact of COVID-19 on the market
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Glazed
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2.1.2 Porcelain
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2.1.3 Scratch Free
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2.1.4 Other Products
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2.2 By Application
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2.2.1 Floor Tiles
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2.2.2 Wall Tiles
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2.2.3 Other Applications
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2.3 By Construction Type
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2.3.1 New Construction
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2.3.2 Replacement and Renovation
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2.4 By End User
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2.4.1 Residential
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2.4.2 Commercial
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Malaysia Ceramic Tiles Market Size FAQs
What is the current Malaysia Ceramic Tiles Market size?
The Malaysia Ceramic Tiles Market is projected to register a CAGR of 4.67% during the forecast period (2024-2029)
Who are the key players in Malaysia Ceramic Tiles Market?
YI-LAI INDUSTRY BERHAD, White Horse Ceramics, MML, Kim Hin Industry Berhad and Guocera are the major companies operating in the Malaysia Ceramic Tiles Market.
