SPRING SUMMER 21/22 Virtual Engagement & Financial Performance slide image

SPRING SUMMER 21/22 Virtual Engagement & Financial Performance

Global Flooring Opportunity Global Flooring Market (2020) - USD 290 Bn ~5% CAGR Addressable Global Market for Welspun (2020) - USD 20 Bn ◆ 50% Broadloom USA $10 Bn Market ◆ 25% Carpet Tiles → 25% LVT Asia Pacific 131, 45% USA 116, 40% Europe $7.5 Bn Market Europe 29, 10% Others 14,05% 40% Broadloom ◆ 35% Carpet tiles ◆ 25% LVT Addressable Indian Market Overall Indian Flooring market is around ₹ 50,000 crores & growing, of which 90% is for new construction and 10% is renovation. Addressable market in India is ~ *6,000 Crores ◆ Higher Disposable Income & Industrialization to remain key drivers Source: Floor Covering Weekly (July 2020), Ceramic World Review (Aug/Oct 2020), and Company Estimates welspunindia.com APAC $3 Bn Market 15% Broadloom ◆ 35% Carpet tiles ◆ 50% LVT ♦ With China + 1 strategy being followed by global market, export opportunity has opened up for countries like India. 15
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