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The price band for tiles, ceramics, sanitaryware
Real Estate

The price band for tiles, ceramics, sanitaryware

The past few years have been challenging for the tile industry, with overcapacity, rise in input costs, pricing pressure from unorganised players, dumping from China, GST and demonetisation.

鈥淲e see that the worst is over in terms of pricing pressure and expect 10-12 per cent growth in 2019-2020,鈥� predicts Kamlesh Patel, Chairman and Managing Director,聽Asian Granito India. He adds that, at present, input costs are increasing owing to multiple factors. 鈥淪o, like other organised players, we are compelled to pass on the burden on end-users. However, customers can choose preferred products according to their budget.鈥�

Atul Sanghvi, Executive Director & CEO,聽CERA Sanitaryware, sees pricing under pressure, owing to sluggish demand consequent to slowdown in housing construction.

Meanwhile, 顿颈苍别蝉丑听痴测补蝉, Marketing head,聽H&R Johnson, points to the ceramic tile industry as unique among building materials in the sense that the cost of basic products has consistently come down. 鈥淧ricing is a matter of acceptance of the product at a value customers perceive. In most cases, it is relative in nature. However, comparison parameters are not in place in the absence of required domain knowledge.鈥�

For tiles, the price is generally referred to in terms of size and whether they are vitrified. Vyas sees this approach as factually inaccurate. 鈥淥verall, prices are under pressure in basic ceramic tiles as the competition is really fierce,鈥� he insists. 聽

SHRIYAL SETHUMADHAVAN

The past few years have been challenging for the tile industry, with overcapacity, rise in input costs, pricing pressure from unorganised players, dumping from China, GST and demonetisation. 鈥淲e see that the worst is over in terms of pricing pressure and expect 10-12 per cent growth in 2019-2020,鈥� predicts Kamlesh Patel, Chairman and Managing Director,聽Asian Granito India. He adds that, at present, input costs are increasing owing to multiple factors. 鈥淪o, like other organised players, we are compelled to pass on the burden on end-users. However, customers can choose preferred products according to their budget.鈥� Atul Sanghvi, Executive Director & CEO,聽CERA Sanitaryware, sees pricing under pressure, owing to sluggish demand consequent to slowdown in housing construction. Meanwhile, 顿颈苍别蝉丑听痴测补蝉, Marketing head,聽H&R Johnson, points to the ceramic tile industry as unique among building materials in the sense that the cost of basic products has consistently come down. 鈥淧ricing is a matter of acceptance of the product at a value customers perceive. In most cases, it is relative in nature. However, comparison parameters are not in place in the absence of required domain knowledge.鈥� For tiles, the price is generally referred to in terms of size and whether they are vitrified. Vyas sees this approach as factually inaccurate. 鈥淥verall, prices are under pressure in basic ceramic tiles as the competition is really fierce,鈥� he insists. 聽 SHRIYAL SETHUMADHAVAN

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