Market Research Reports - Ken Research Wooden Flooring Market Malaysia
Malaysia Tiles Market is expected to reach USD 5.7 billion by 2021: Ken Research
Malaysia Tiles Market By Type of Tile (Floor Tile, Wall Tile and Roof Tile), By Material/Process
(Porcelain, Ceramic and Others), By Market Organization (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, Façade Tiles, Home tiles, Office tiles, Tiles used in shopping
malls/Retail outlets, Tiles used at airports and stations and Tiles used in hospitals)
The rising number of households is expected to increase demand for the tiles in Malaysia
making a positive impact on the market in the country.
Malaysia Tiles market has shown an impressive growth rate in 2016 owing to growth of tourism
in the country and the trend is expected to follow.
The corporate inclination towards carpet tiles in Malaysia is expected to affect the tiles market
in a positive manner.
The expanding residential sector in the country has triggered the demand for tiles in Malaysia in
past few years. The residential units inclined from 2011 to 2016 owing to population growth
and urbanization over the years. The rise in demand from residential sector has led to
manufacturing of various kinds of tiles according to their requirements. In Budget 2017, the
Government reaffirmed its focus on initiatives including PR1MA, People’s Housing Programme
and People’s Friendly Homes. This is expected to affect the tile market in Malaysia in a positive
manner as there will be demand for both new and replacement tiles by the sector in the
country.
The inflow of foreigners in the country has increased owing to job opportunities, tourist
attractions, education institution, patients visiting hospitals and other reasons. The increase in
tourism has led to construction, development and renovation of the spaces such as hotels,
hospitals, markets and others. This has further led to rise in the demand of tiles for floor and
wall application in case of new and replacement tiles.
The tile industry has been following new technologies and has been launching new variants in
the country. Serving a typical set of benefits, carpet tiles are coming forth as a modern category
in tiling industry favored heavily by the corporate sector of Malaysia. This category of flooring
tile, backed by designer recommendations, mitigates installation clutch, flexibility to the user in
terms of knack to mutate (designs and colors), functionality and designer friendly replacement
countenance. With emerging commercial startups this soft flooring industry will continue to
face rapid expansion with emerging institutional sector. Similar trends are expected to be
adapted by residential sector stimulating the trend further. With the rise in commercial