CHINA CERAMIC TILES MARKET - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The ceramic tiles industry in China is projected to witness substantial growth over the forecast period, owing to significant growth of the medical and housing and construction industries.
Key HighlightsChina is the largest country among the ceramic tiles producing countries in the world. The fierce competition in both the domestic and export markets is forcing ceramic producers to improve their production process and product quality. China has developed a significant advantage in exporting ceramic products. To enhance the value of the Chinese ceramic products, many businesses have intensified the application of new technologies in production, to create high-quality products at reasonable costs.
Consumption of Ceramic Tiles in ChinaChina is one of the fastest growing countries, in terms of consumption of ceramic tiles. Home decoration tiles are mainly used in the living room, kitchen, and bathroom walls and other spaces, with strong decoration, and therefore, they have conspicuous consumption attributes. In addition to its functions, consumers focus on external factors, such as brand, appearance, and taste. The replacement of the product structure caused by the changing trend of tiles consumption may not only accelerate the expansion of the mid- and high-end market capacity, but also accelerate the formation of the industry leaders. These new consumption trends have greatly enhanced the competitive barriers of manufacturers in product development, terminal image, user services, and supply chain capabilities.
Competitive LandscapeThe report covers major international players operating in the Chinese ceramic tiles market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.
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