The Surge in Opulent Bathing Accessories
Luxury Business analysis exports expects a 40 per cent year-on-year growth in its bath-fittings and sanitary-ware business over the next three-year period. Currently, the size of bath-fittings and sanitary-ware industry in India is around ₹ 12,000 crore, of which ₹ 7,000 crore is the organised segment, which is still untapped.
If you want to transform your conventional bathroom into a private spa various luxurious faucet collection in India has the perfect fittings for you. They serve the epitome of the highest design standards and precise workmanship.The luxurious brand caters to all the demands of modern architecture and interior design. The sanitaryware sector’s estimated revenues are at ₹ 3,000 crore, with annual growth of 12%.
Cera Sanitaryware Ltd has reported a 48 per cent jump in net profit at ₹ 15.75 crore in the quarter ended September 2014, as compared to ₹ 10.62 crore during the same period last year. During the second ended September 2014, the company notched up a net sales income of ₹ 199.60 crore, as against Rs 158.76 crore in the same period last year.
H&R Johnson, part of Prism Cement has rebranded its bath-fittings and sanitaryware business into 'Johnson Bathrooms'. The rebranding is part of the company's efforts to ramp-up its businesses as the company had invested ₹ 40 crore for enhancing its manufacturing capacities.
Improving sanitation levels, low energy, and labor costs are driving the market for sanitary ware products. Also, changing consumer preferences is boosting the development of new luxury sanitary wares like private spas, shower systems, saunas, and larger baths among others. Asia Pacific leads in the production of ceramic sanitary wares due to low cost manufacturing and presence of large number of small and medium players in these regions. Asia Pacific region holds the maximum market share followed by Europe, South America and North America.
Grohe ,a luxurious brand in this segment has the unique choice of its designs comprises free-standing faucets for bathtubs and wash basins as well as four-hole combinations for the tub rim. Single-lever mixers with different spout heights, two-handle faucets, wall-mounted spouts with different lengths, thermostats and concealed fittings leave nothing to be desired in terms of coordinated multi-faceted bathroom design.
Grohe India Pvt. Ltd. (GIPL) is a wholly owned subsidiary of Grohe, Germany . In this time the name has acquired a significant position in the Indian market as one of the largest selling foreign brands. Grohe had launched its first Indian ‘Grohe Technology Centre' in Bangalore in November 2009. This centre is a great opportunity for people to come and experience the world of Grohe. Besides featuring the entire range of Grohe products, the Technology Centre also showcases the Grohe elements of Quality, Technology and Design.
The company’s sales and profit figures had been stagnating for years, leading to a programme of savings as of 2005. Around 500 production jobs were cut at sites in Germany and the Herzberg factory was closed; the sites in Thailand and Portugal were expanded considerably. Through 2008, investments totalling 130 million euros were made in Germany in the area of production technology and logistics.
With sales up by around six percent, the Group generated sales of €1.138 billion in the first nine months of this year, compared with €1.075 billion in the same period of 2013. Also, LIXIL Corporation announced a new global business model with effect from April 2015.