Future of Bathroom Products - 0 views
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Bharatbookbureau MarketReport on 16 Apr 13Mexico is one of the largest producers of bathroom products in the world. In terms of production, Mexico held the third-largest share of world sanitaryware production, and the eighth-largest production of ceramic tiles in 2010. Much of this production is exported to countries such as the US, Canada and Germany, and the country's large, educated working class, ready supply of raw materials, and advanced transport system make Mexico a favorable location for investment. The market for Mexican bathroom products registered a decline of XX% in 2009 due to the global financial crisis, but recovered quickly with increases of XX% in 2010 and XX% in 2011. Growing urbanization, the recovery of Mexico's export markets and rising disposable consumer incomes are expected to continue to drive the Mexican bathroom products industry over the forecast period, which is expected to register a CAGR of XX% over the forecast period.