UAE tile market to grow 12% by 2020, driven by Expo2020 construction boom
Vibrant Ceramics Expo and Summit 2017 to hold hosted buyer’s programme to India’s second largest manufacturer of quality tiles
The UAE’s continued construction boom ahead of Expo 2020, has driven demand for ceramic tiles to increase by almost 70% and, with almost 40% of tiles imported from overseas, this poses huge opportunities for international manufacturers to win contracts on prestigious UAE projects.
As the largest exporter of tiles to the UAE, India is well positioned to build on its already strong business ties with the country and, between 14th – 19th November, buyers from the UAE will have the chance to visit the second largest manufacturer of tiles in the world at the Vibrant Ceramics Expo and Summit 2017.
An initiative of Prime Minister of India, Narendra Modi, the exhibition will be held in Gandhinagar, Ahmedabad, Gujarat, India with business leaders from the booming local ceramic industry welcoming a delegation of buyers from the UAE. The hosted programme will offer three nights’ accommodation, meals, local transportation and a helicopter tour of the factory for international delegates.
It is the latest in a series of trade partnerships between the two countries, which are expected to achieve trade exchanges worth $100 billion by 2020.
In January 2017, 14 strategic partnerships were signed for transport, energy, shipping and trade, between His Highness Sheikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of UAE Armed Forces and Prime Minister Narendra Modi.
This event is being organised in association with the Morbi Ceramics Associations. Spread over 50,000 square metres, it will host more than 250 exhibitors, 400+ brands and thousands of sizes and designs under one roof, with offerings to outshine the value of china and the style of Italy.
Gujarat happens to be world’s second largest tile manufacturing zone. The Indian ceramic Tile Industry is estimated to be of INR 24,000 crores, of which 40% has been organized and 60% has been unorganized.
Gujarat is leading the tile production industry by a significant margin, with the cumulative investment in Gujarat alone currently standing at 8000 crores.
In the UAE, demand for tiles is predicted to grow by 12% to 2020, driven by hotel and tourism projects, which currently amount to a pipeline valued at $8.1bn (AED30bn) to 2020, according to the 2015 Frost and Sullivan report, Tiles and Ceramics Market Assessing Growth Trends and New Opportunities in the Gulf Cooperation Council (GCC).
CEO of Vibrant Ceramics Expo and Summit 2017, Mr. Sandip Patel said: “The exhibition will show-case the latest technology, ceramic tiles, sanitary-ware and bath-fittings, while technology transfer, investment, joint ventures and networking will be key highlights at the conference. Vibrant Ceramics is one-of-a-kind initiative that aims to unify the key players in the ceramics industry. We hope to get great participation from UAE, as it is our first step towards a fruitful association with UAE”.
“Vibrant Ceramics 2017 shall be an international event that will successfully register its name in the key commercial milestones of the year”