Mumbai, Nov 24, 2021: With the economy at large bouncing back to normalcy and revival in consumer sentiment, construction activities have renewed with increased vigour across Tier-I cities, leading to a high-demand for construction materials, as per the latest JD Mart Consumer Insights.
Searches for dealers for sand, MS (Mild Steel) pipe, and ready-mix concrete have been on the rise across Tier-I cities with Chennai seeing maximum demand for all materials on JD Mart, India’s latest B2B marketplace by Just Dial.
Tier-I cities witnessed a 13% QOQ growth in searches for sand dealers, 9% for MS pipe, and 8% for ready-mix concrete dealers as demand for residential real estate bounced back during this festive season after being hit by the after-effects of the second wave of COVID-19. Demand in Tie-II cities remained stable with marginal growth.
Speaking on this trend, a JD Mart spokesperson said, “We are in the phase that typically sees maximum house construction activities. While demand in Tier-I cities have risen, searches in Tier-II cities have also witnessed marginal growth, largely remaining stable. This trend not only hints at economic recovery across the country at largebut also clearly indicates positive consumer confidence along with renewed vigour in the construction space. “
Chennai, Mumbai, and Bengaluru were the leading three Tier-I cities that witnessed maximum demand for sand dealers followed by Pune, Hyderabad, Delhi, Kolkata, and Ahmedabad. Among Tier-II, Coimbatore, Patna, Visakhapatnam, Mysore, and Goa were the top-5 cities generating maximum demand.
Searches for MS pipe dealers remained highest in Delhi, Mumbai, and Bangalore followed by other Tier-I cities like Chennai, Ahmedabad, Hyderabad, Pune, and Kolkata. Coimbatore, Indore, Nagpur, Jaipur, and Patna were the top 5 Tier-II cities that saw maximum searches for MS pipe.
Demand for ready-mix concrete dealers was the highest in Hyderabad, followed by Bengaluru, Chennai, Delhi, Mumbai, Pune, Ahmedabad, and Kolkata in Tier-I cities. Among Tier-II cities, maximum searches for ready-mix concrete dealers came from Coimbatore, Indore, Mysore, Chandigarh, and Ludhiana.
Searches of cement dealers remained high in Delhi, Bengaluru, and Kolkata among Tier-I cities followed by Chennai, Hyderabad, Mumbai, Pune, and Ahmedabad. In Tier-II cities, Jaipur saw maximum searches with Chandigarh, Bareilly, Lucknow, and Srinagar making the rest of the top-5.
Corporate Comm India (CCI Newswire)
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