New Delhi, January 16, 2018: The report titled “Malaysia Tiles Market Outlook to 2021 – By Type (Wall, Floor, Roof), By Material (Porcelain, Ceramic, Others), by Application (Bathroom, Façade, Home, Office, Shopping Malls, Hospitals, Airport and Stations)” provides a comprehensive analysis on the Malaysia tiles market. The report covers various aspects including Malaysia Tiles Market Introduction, Value Chain Analysis, Market Size, Market Segmentation by Floor Tile, Wall Tile and Roof Tile, By Material/Process (Porcelain, Ceramic and Others), By 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, Facade Tiles, Home tiles, Office tiles, Tiles used in shopping malls/Retail outlets, Tiles used at airports and stations and Tiles used in hospitals) and Porter’s Five Forces Analysis. The report also provides Vendor Selection Process, Malaysia Roof Tile Snapshot, Innovation, Competitive Landscape and Company Profiles of Major Players of Malaysia Tiles Market along Government Regulations Import and Export Scenario and Analyst Recommendations
This report will help the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for tiles manufacturing companies, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Malaysia Tiles Market
Malaysia tiles market grew at a five year CAGR of ~% during period 2011-2016. The industry revenue nearly doubled from USD ~ billion in 2011 to USD ~ billion in 2016 owing to the increase in demand for tiles in residential units, commercial spaces, hospitality sector and others requiring both new and replacement tiles. The tiles market was evolved and the population started choosing tiles over wallpapers due to the factors such as reliability and quality. The FMCG sector and retail sector grew in the review period that has led to increased demand of tiles in Malaysia. The area shopping complexes grew from ~ million SQM in Q1 2016 to ~ million SQM in Q4 2016.
Market Segmentation
By Type of Tile (Floor Tile, Wall Tile and Roof Tile)
Floor tiles dominated the tiles industry in Malaysia with revenue share of ~% in the total tiles market owing to the highest demand and application of these tiles. Tiles market started with the usage for floor purposes and with the rising living standards and disposable income, people preferred to use floor tiles instead of stones and cement. Wall tile attributed to the second highest revenue in Malaysia tiles industry accounting to ~% in 2016. The country’s population prefers cement, wallpapers, paint or bricks instead of wall tiles due to which wall tiles generated less revenue as compared to the floor tile. Roof tile in Malaysia accounted to the least revenue in overall tiles market in Malaysia with ~% share in 2016. Very few numbers of residence and offices use the roof tiles as it is a new concept.
By Material/Process (Porcelain, Ceramic and Others)
Porcelain tiles accounted for the highest revenue in the overall tiles industry in Malaysia with ~% share in 2016. The prices of porcelain tiles are higher compared to other types of tiles which cause higher revenue generation by this segment. Ceramic tiles attributed for second largest revenue share of ~% in the overall tiles market in 2016. The revenue generated by the ceramic tiles was lower than that of porcelain owing to less demand of these tiles and the fact that the price of ceramic tiles is lower than that of the porcelain tiles.
By Regional Sales
The southern region of Malaysia accounted ~% in total sales of tiles in the country in 2016 owing to high number of commercial and residential buildings. Places including Meleka, Kuala Lumpur, Bahu, Johar and others fall under this category. The western region of Malaysia accounted to ~% of sales for tiles in the country in 2016 owing to high number of commercial and residential buildings. The eastern region of Malaysia accounted to ~% of sales for tiles in the country in 2016 owing to commercial and residential sector demanding tiles from area such as Pahang. The northern region of Malaysia has accounted to ~% of sales for tiles in the country in 2016 owing to commercial and residential sector demanding tiles from area such as Kedah.
By Residential and Commercial Sales
Residential sector has contributed ~% in the overall tiles market revenue in Malaysia in 2016 while Commercial sales have added a share of ~% in the overall tiles market revenue in Malaysia in 2016.
Positioning of Major Players in Malaysia Tiles Industry
Malaysia tile industry is saturated and fragmented in nature with various organized and unorganized players operating in the space. The big players concentrate on the exports whereas the small players cater to the domestic demand for tiles in the country. The competition between tile brands is high as the variety offered by one company is introduced by another and the prices are also comparable. There is a high amount of imports and exports that takes place in tiles industry of the country not only for the finished products but for raw materials also. The parameters used for competition between the companies include quality, variety, price, location of plant and branding. Location of plant is very important so as to increase sales and decrease transportation cost.
Future Potential
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. The number of household projects is anticipated to increase by 2021 raising the demand for tiles. It is anticipated that the number of hotels will increase at a CAGR of ~% during 2016-2021 reaching ~ numbers of hotels in 2021. Latest innovations, new launches and replacement tiles are expected to trigger the demand for tiles in the country. Floor tiles are expected to dominate the tiles industry in Malaysia in 2021 with ~% revenue share owing to the highest demand and application of these tiles.
Key Topics Covered in the Report
Wall Tiles Market Malaysia
MML Tiles Market Malaysia
Tile Design Colors Malaysia
Glass Tiles Market Malaysia
Kim Hin Industry Tiles Sales
Trends Tiles Design Malaysia
Sales Tiles Malaysia
Tiles Exports Malaysia
Malaysia Roof Tile Market
Tiles Production Malaysia
Malaysia Tiles Market Size
Tiles Preferred in Malaysia
Guocera Malaysia Tiles
3D Tiles Market Malaysia
Ceramic Tiles Sales Yi-LAI
For more information on the research report, refer to below link:
Corporate Comm Indi(CCI Newswire)
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