October 2024 news: The "List of the World's Top 100 Ceramic Sanitary Ware & Concerned Enterprises" sponsored by Taocheng Daily was officially announced. A total of 46 Chinese companies (including 3 from Taiwan) are on the list, including 28 ceramic enterprises; followed by Italy, Spain, India, Japan and United States, with 12, 6, 6, 5 and 4 companies shortlisted respectively; Brazil, Germany, Mexico, Thailand, Turkey and United Kingdom each have two seats.
UNFORTUNATELY, THERE ARE MANY CHINESE COMPANIES BUT NOT STRONG, NO COMPANIES ENTER THE TOP 10 ON THE LIST, AND THE TOP RANKING IS STILL KEDA INDUSTRIAL GROUP, WHICH RANKS 16TH WITH A REVENUE OF 9.7 BILLION YUAN. According to public information, this ceramic machinery company was founded in 1992, headquartered in Foshan, Guangdong, and its main business is the production and sales of building materials machinery (ceramic machinery, wall material machinery, stone machinery, etc.), overseas building materials, lithium battery materials and equipment.
After more than 30 years of development, Keda Manufacturing has become the first in China and the second in the world ceramic machine enterprises, with more than 70 subsidiaries, with Keda, Litai, Weigao, Tefu, Xinmingfeng and other brands, and its products are sold to more than 70 countries and regions around the world.
Keda Manufacturing actively "goes out" and has successively established subsidiaries in India, Turkey, Indonesia and other countries; Acquired Welko, a long-established ceramic machine company in Italy, and FDS, a mold company; Six ceramic factories were built in five African countries (Kenya, Ghana, Tanzania, Senegal and Zambia), with a total of 14 production lines. Last year, overseas revenue was 5.814 billion yuan, accounting for nearly 60% of the company's total revenue.
In the first half of this year, Keda Manufacturing achieved operating income of 5.651 billion yuan and net profit of 2.121 billion yuan, an increase of 23.98% and 417.97% year-on-year respectively; Among them, the overseas revenue of the pottery machine business has exceeded the domestic income; Overseas orders accounted for more than 60%, and the gross profit margin was about 5 percentage points higher than that of domestic orders.
There are 15 companies in the "10 billion revenue club", including KOHLER, one of the largest family businesses in the United States, TOTO, a century-old bathroom giant in Japan, GEBERIT, a leader in the European bathroom market, SACMI, a global ceramic machinery leader, and GRUPO LAMOSA, a Mexico tile king.
Among them, there are 2 companies with a revenue of more than 70 billion yuan. LIXIL Group (LIXIL), founded in 2011, is a result of the merger of five Japan building materials and housing companies (TOSTEM, INAX, Shin Nikkei, Sunwave, and Toyo Exterior), with names derived from "living" and "life". In the future, it has acquired two major brands, GROHE from Germany and ASD Holdings from United States, embarking on the road of globalization.
At present, the LIXIL Group is divided into two business divisions: LWT business (water technology), which corresponds to the kitchen and bathroom decoration business, including five product lines (sanitary appliances, bathrooms, face vanities, kitchens, and tiles); The LHT business (Housing Technology) corresponds to the residential decoration and window frame business and consists of five product lines (residential window frames, exteriors, interior building materials, building window frames, and housing and service businesses).
China is LIXIL Group's third largest overseas market, after United States and EMEA (Europe, Middle East and Africa), contributing 42.9 billion yen (about 2.05 billion yuan) in revenue last year. LIXIL Group President and CEO Shinya Seto said that China is expected to become the group's largest market in the world in the next decade.
MOHAWK INDUSTRIES CONTINUED TO RANK FIRST, WITH REVENUE OF 78.87 BILLION YUAN LAST YEAR. Its former carpet mill was founded in 1878 by the four Shavo Waite brothers and is headquartered in Calhoun, Georgia, United States. After a century and a half of development, it has become the world's largest ceramic tile enterprise and commercial floor material supplier.
The secret of success lies in "buying, buying", expanding product categories and increasing sales markets through frenzied mergers of valuable peer companies around the world. Today, Mohok Industries owns ceramic tile brands such as American Olean, Dal-Tile, Marazzi, Marazzi Grande, Ragno, Kerama Marazzi (the largest ceramic tile brand in Russia), KAI (the largest ceramic tile manufacturer in Bulgaria), Unilin, Columbia, IVC (Europe's largest flooring manufacturer), Parklane (Pergo) and other flooring brands. The product range is very complete, including carpets, floor mats, tiles, rock slabs, composite laminate flooring, stone flooring, plastic flooring, etc.
Mohok Industrial's fiscal 2023 revenue fell 5.1% year-over-year and posted a net loss of $440 million due to weak global market conditions. In the first six months of fiscal 2024 (ended June 29), the company's revenue decreased by 4.79% year-on-year to $5.481 billion, but net profit increased by 44.63% year-on-year to $263 million, thanks to restructuring, productivity improvement initiatives, and lower raw material and energy costs.