Ceramic tile producers SCG Ceramics Plc and Dynasty Ceramic Plc are anticipating a resurgence in demand in the low-end market in the third quarter of 2023, following the establishment of a new government.
Nampol Malichai, managing director of SCG Ceramics, said the general election on May 14 is expected to have a positive impact on the ceramic tile market, potentially leading to a surge in demand during this year's third or fourth quarter.
"The extent of the positive impact of the general election on the ceramic tile market would depend on how quickly a new government is formed," he said.
