The evolution of the bathroom space throughout history - Roca
The evolution of the bathroom space throughout history - Roca
The evolution of the bathroom space throughout history - Roca
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<strong>Roca</strong> active in 5 continents<br />
Asia, a growing<br />
market<br />
As a multi-national<br />
company, <strong>Roca</strong> is active<br />
in some <strong>of</strong> <strong>the</strong> fastestgrowing<br />
markets in <strong>the</strong><br />
world.<br />
<strong>Roca</strong> is active in <strong>the</strong> most important markets<br />
at a worldwide level. <strong>The</strong>ir expansion and<br />
growth has taken it to world leadership in<br />
<strong>bathroom</strong> <strong>space</strong>. During <strong>the</strong> 1970s, <strong>Roca</strong><br />
began a process which has taken it to where<br />
it is today, maintaining a presence in 135<br />
countries and 65 factories spread across 17<br />
countries.<br />
<strong>Roca</strong>, which is active in 5 continents, is<br />
consolidating its presence, especially in<br />
Asia. This is one <strong>of</strong> <strong>the</strong> best economic<br />
prospects for <strong>the</strong> company in terms <strong>of</strong><br />
growth and development. <strong>Roca</strong>’s ventures<br />
in this continent began at <strong>the</strong> end <strong>of</strong> <strong>the</strong><br />
1990s when <strong>the</strong> first <strong>bathroom</strong> porcelain<br />
factory was constructed in China. In 2005, a<br />
second production facility was inaugurated<br />
in Suzhou, comprising a cast iron bath<br />
production plant and an acrylic bath plant.<br />
<strong>The</strong> company’s<br />
internationalisation<br />
policy has led it to world<br />
leadership in <strong>bathroom</strong><br />
<strong>space</strong>s.<br />
2006 was an especially important year since<br />
<strong>Roca</strong> achieved world leadership in <strong>bathroom</strong><br />
<strong>space</strong>s through a series <strong>of</strong> takeovers. Within<br />
Asia, <strong>Roca</strong> acquired all <strong>the</strong> shares in Johnson<br />
Suisse group, <strong>the</strong> leading <strong>bathroom</strong> porcelain<br />
company in Malaysia. Meanwhile, <strong>the</strong>y<br />
entered India through a 50% joint venture<br />
with Parryware, <strong>the</strong> Indian market leader<br />
in <strong>bathroom</strong> porcelain. 2 years later, <strong>Roca</strong><br />
bought <strong>the</strong> remaining 50% <strong>of</strong> <strong>the</strong> company.<br />
Today, <strong>Roca</strong> has 17 factories spread between<br />
China (9), India (5), Malaysia (2) and Taiwan<br />
(1). As well as <strong>the</strong>se plants <strong>the</strong> company also<br />
has 2 showrooms in Asia, one in Shanghai<br />
and <strong>the</strong> o<strong>the</strong>r in Beijing, where <strong>Roca</strong> displays<br />
<strong>the</strong> latest product developments designed<br />
for <strong>the</strong>se markets. <strong>Roca</strong>’s penetration was<br />
reinforced by being <strong>the</strong> favoured <strong>of</strong>ficial<br />
supplier for <strong>the</strong> Olympic Games in Peking<br />
in 2008. For <strong>the</strong> Olympics, and as a tribute<br />
to <strong>the</strong> Games, an exclusive collection <strong>of</strong><br />
washbasins designed by Mariscal was<br />
created and sold <strong>throughout</strong> Asia.<br />
In China <strong>Roca</strong> has 9<br />
factories which service<br />
<strong>the</strong> internal demand <strong>of</strong><br />
<strong>the</strong> country.<br />
In this situation, <strong>the</strong> recovery which <strong>the</strong> country<br />
is experiencing is considerable. <strong>The</strong> indication<br />
<strong>of</strong> recovery is especially significant if we bear in<br />
mind <strong>the</strong> importance <strong>of</strong> this country within <strong>the</strong><br />
Asian continent.<br />
Toge<strong>the</strong>r with China’s improvement, o<strong>the</strong>r<br />
emerging and developing countries have<br />
shown similar signs <strong>of</strong> stabilization. <strong>The</strong>se<br />
circumstances have <strong>the</strong> logical consequence<br />
<strong>of</strong> helping to streng<strong>the</strong>n <strong>the</strong> company’s position<br />
in China since it encourages internal demand<br />
and will hence improve <strong>the</strong> company’s results<br />
in that continent. According to <strong>the</strong> IMF, in<br />
general terms, it can be said that <strong>the</strong> intensity<br />
<strong>of</strong> <strong>the</strong> recovery which Asia has registered can<br />
be linked to 3 factors: an expansive fiscal and<br />
monetary policy; <strong>the</strong> recovery <strong>of</strong> <strong>the</strong> financial<br />
markets and capital flows and <strong>the</strong> export boost<br />
that <strong>the</strong> industry has received.<br />
Taking all <strong>the</strong>se indicators into account, <strong>the</strong><br />
Asian market <strong>of</strong>fers an excellent opportunity<br />
to keep on growing and consolidating <strong>the</strong><br />
leadership position which <strong>Roca</strong> enjoys at<br />
worldwide level in <strong>bathroom</strong> <strong>space</strong>s. ■<br />
<strong>The</strong> Asian market<br />
represents an<br />
opportunity to carry on<br />
increasing our share <strong>of</strong><br />
<strong>the</strong> market.<br />
In economic terms, Asia’s importance for<br />
<strong>Roca</strong> is in both its potential market <strong>of</strong> more<br />
than 3.800 million people as well as <strong>the</strong><br />
important economic growth that countries<br />
like China and India have experienced in<br />
recent years.<br />
Also, despite <strong>the</strong> worldwide economic crisis,<br />
<strong>the</strong> Asian continent is showing symptoms <strong>of</strong><br />
recovery at a more rapid pace than <strong>the</strong> o<strong>the</strong>r<br />
continents.