China Non-Resilient Floor Covering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

China Non-Resilient Floor Covering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

China's non-resilient floor covering market has developed rapidly during the study period and resulted in forming an industrial cluster with a diversified product pattern. The market is primarily driven by the highest production quantities of ceramic tiles which made the country as the leading exporter of ceramic tiles worldwide. Though the market reached a certain mature stage of development it is one of the fastest-growing markets in the world. The features such as high durability, low maintenance requirements, scratch, and stain-resistance properties are increasing the market share of the ceramic tiles. They also come in endless colors and designs, which also makes them attractive alternative floor coverings especially the mosaic tiles are the sub-segment of the ceramic tiles that are intended for artistic purposes first, while also providing the practical usefulness of ceramic tiles as floor coverings. The growing housing industry is driving the growth of the market and the replacement homes occupy a major share of the residential segment of the market. The high population is also promoting urbanization and the formation of third- and fourth-tier cities. In 2018, China was the leading ceramic tile manufacturer worldwide, producing roughly 5.7 billion sq.mts of ceramic tiles.

Key Market TrendsChina Leads the Ceramic Tile Manufacturing Worldwide

Asia-Pacific region is one of the largest producers of ceramic tiles in the world. Three out of the five top manufacturing countries are in the region with China leading the overall manufacturing followed by India, Brazil, and Vietnam. In addition to being the world-leading manufacturer of ceramic tiles, China is also the leading exporter of ceramic tiles during 2018 and exported around 3.6 million metric tons of porcelain products for domestic use. These exports alone valued over USD 10 billion.

Wood Floor Covering Segment of the Market is Anticipated to Gain More Significance

The wood flooring covering segment of China's non-resilient floor covering market is gaining more customer attention and thus driving the market. As the main force in the wood flooring industry, three-layer solid wood flooring and multi-layer solid wood composite flooring are favored by the market because of their good product performance and characteristics, which has driven the healthy and stable development of the entire wood flooring industry. However, at present, the mainstream outlet of domestic flooring is based on the promotion of floor heating solid wood flooring. While catering to the traditional consumer market's recognition of solid wood flooring, it also increases the audience of high-end floor heating customers.

Competitive Landscape

The report covers major players operating in China's non-resilient floor covering the market along with their product portfolio, key financials, and developments. The market is transforming with many technological advancements through product innovation and process automation. The key market players are focusing on improving their production capacity which will help them to increase exports.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned
 
The Marco Polo Group
DongPeng Ceramics Co
Rak Cermics PJSC
China Ceramics Co Ltd
Foshan Hanse Industrial Co Ltd
Foshan Wondrous Building Materials Co Ltd
Dare Power Dekor Home Co Ltd
Nature Home Holding Co Ltd
Zhejiang Shiyou Timber Co Ltd
Yihua Lifestyle Technology Co Ltd*

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