PR packages include press release writing, distribution via segmented media lists and news agencies, media monitoring and reporting processes.
Global ceramic sanitary ware market size is anticipated as USD 74.52 billion by 2028 and North America is estimated to gain robust growth. The company that manufactures VitrA, Turkiye’s world-class ceramic sanitary ware brand recently appointed Jeremy Cressman to oversee the brand’s imminent launch in the US
USA - Eczacıbaşı Building Products, Turkiye's largest producer and exporter of high-end kitchen and bath ceramics, has ambitious plans to expand into the US, where the domestic ceramics market continues to grow with each passing year. VitrA, the company’s flagship brand, already commands a significant share of the European market.
The company recently announced that it aims to increase market share in the countries where it already operates, and that it has plans to expand into new ones as well, including America’s flourishing ceramics market. The company also appointed Jeremy Cressman, who has significant industry experience, as its Director Americas.
VitrA has long dominated Turkiye’s ceramic sanitaryware sector, where it currently enjoys a 30% share of the market. Most of its revenue, however, is derived from its thriving export activities, with more than 80% of its total sales earnings coming from markets abroad.
The main export markets for VitrA currently include the UK, Germany, France, Italy, India and several Middle Eastern countries. VitrA products hold the second largest share of the market in both Germany and France, and the fourth largest share in the UK.
The company is in the process of streamlining operations – and upping investments – with the aim of consolidating VitrA’s position in dynamic new foreign markets.
The most ambitious aspect of Eczacıbaşı Building Products’ expansionist strategy concerns the US, where the market continues to grow. According to research by Fortune Business InsightsTM, the global ceramic sanitary ware market size is anticipated to hit USD 74.52 billion by 2028 and exhibit a CAGR of 7.4%. The increasing construction activities due to rising urbanization, industrialization, and the growing trend of smart homes is projected to boost the market growth. North America is estimated to gain robust growth due to the growing residential sector, and the U.S. is likely to lead the region’s market growth.
Last month, the company appointed Jeremy Cressman to oversee VitrA’s imminent launch in the US. Cressman has previously held leadership positions at several big names in the sector, including Ferguson, American Standard, LIXIL Water Technology, and Germany’s Blanco. As Director Americas, Cressman will set up a new corporate structure tailor-made for the US market, where prospects for growth appear extremely positive.
Founded in 1958, Istanbul-based Eczacıbaşı Building Products operates 12 production facilities in Turkiye, Germany and France. Last year, the company realized 425 million euros in revenue, up 30% on the previous year.
Contact: Tülay Genç | [email protected] | +31 30 799 6022