Floor Covering Market in China 2022-2026

Floor Covering Market in China 2022-2026

Technavio has been monitoring the floor covering market in China and it is poised to grow by $ 4.96 bn during 2022-2026, progressing at a CAGR of 8.00% during the forecast period. Our report on the floor covering market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by rapid growth in the construction industry and changing floor covering requirements in key industries. In addition, rapid growth in the construction industry is anticipated to boost the growth of the market as well.

The floor covering market in China analysis includes type and application segments.

Technavio's floor covering market in China is segmented as below:

• By Type
• Carpet and rug
• Luxury vinyl flooring
• Ceramic tile
• Wood
• Others
• By Application
• Residential
• Commercial

This study identifies the rising demand for eco-friendly and sustainable floor coveringas one of the prime reasons driving the floor covering market growth in China during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on floor covering market in China covers the following areas:

• Floor covering market sizing
• Floor covering market forecast
• Floor covering market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading floor covering market vendors in China that include Beaulieu International Group NV, Elegant Living, Forbo Holding Ltd, Foshan Hanse Industrial Co. Ltd., Fujian Floors China Co. Ltd., Hangzhou HanHent Industries Co. Ltd., Milliken and Co., Shanghai Cimic Tiles Co. Ltd., SWISS KRONO Tec AG, and Tjinan Luckyforest Decoration Material Co. Ltd. Also, the floor covering market in China analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Beaulieu International Group NV, Elegant Living, Forbo Holding Ltd, Foshan Hanse Industrial Co. Ltd., Fujian Floors China Co. Ltd., Hangzhou HanHent Industries Co. Ltd., Milliken and Co., Shanghai Cimic Tiles Co. Ltd., SWISS KRONO Tec AG, Tjinan Luckyforest Decoration Material Co. Ltd.