China Non-Resilient Floor Covering Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Non-Resilient Floor Covering Market Analysis
China Non-Resilient Flooring Market size is estimated to register a CAGR of 3.2% during the forecast period, 2022-2027.
China Non-Resilient Flooring Market has experienced an adverse effect of COVID-19 because of applied lockdown, halt in manufacturing, logistics and other operations. The coronavirus impacted all the industries leaving them seeing drastic loss including non-resilient flooring market as well. The worldwide crisis of coronavirus has declined the construction industry as many of the ongoing infrastructure or settling new plant projects are either postponed or cancelled which has led to huge losses in manufacturing, employment, supply chain, transportation impacting non-resilient flooring market very badly. More than 30% of the tile factories are seem to disappear, and the total ceramic tile output growth recorded to be slower, and the growth can even be negative. Now, drue to increasing pace of construction, logistics and operational areas in every sector of market, China Non-Resilient Flooring Market tends to grow throughout the forecast period.
China 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.
As the Chinese government tightens environmental controls for tiles production, companies that do not comply with the new laws and regulations will have to upgrade in the next three years or be eliminated. 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.
China Non-Resilient Floor Covering Market Trends
This section covers the major market trends shaping the China Non-Resilient Floor Covering Market according to our research experts:
Construction Market At China Witnessing Biggest Driver of China Non-Resilient Floor Covering Market
China has become the largest construction market in the world. In 2020, the construction industry value in China amounted to 1,049 billion U.S. dollars. In 2020, the construction industry accounted for around 7.2 percent of China's gross domestic product. A significant share of the country's economy relies on real estate and infrastructure construction. Especially in times of economic downturn, policymakers fall back on infrastructure investments to boost economic output. As the government has planned to focus on improving the infrastructure in small and medium-sized cities, the construction industry was forecasted to maintain a continuous growth at around five percent annually.
China Leads the Ceramic Tile Export Worldwide Witnessing Growing China Non-Resilient Floor Covering Market
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.
Export of Ceramic tiles by China is recorded to be highest 622 Million sq. mtr. followed by India, Spain, Italy exporting 437, 422, 318 Million sq. mtr. respectively in 2020
China Non-Resilient Floor Covering Industry Overview
China Non-Resilient Floor Covering Market is growing and highly competitive across the country offering a huge number of competitive players dominating the market, nowadays grabbing market more powerfully by the new innovations and partnership with other flooring players yielding opportunities to the market, thus it has made China Non-Resilient Floor Covering Market very competitive and strong. The high concentration of manufacturers creates a great opportunity for international buyers as competition is at a level seldom seen anywhere else. Multinational chains and their brands such as Florida Tiles, Marrazi and others are widely famous but altogether the China Non-Resilient Floor Covering groups such as Marco Polo Group, DongPeng Tiles, China Ceramic Company and many more after Mergers and Acquisitions have been focusing on tieng up with enhanced technology innovations and offering more platforms for Non-Resilient Flooring products, thus, leading the China Non-Resilient Floor Covering Market to the new heights and expected to grow through out the forecasted period.
China Non-Resilient Floor Covering Market Leaders
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The Marco Polo Group
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DongPeng Ceramics Co
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Foshan Hanse Industrial Co Ltd
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China Ceramics Co Ltd
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Rak Cermics PJSC
*Disclaimer: Major Players sorted in no particular order
China Non-Resilient Floor Covering Market News
- In 2020, MARCOPOLO Tiles Company Limited, The company, a subsidiary of Wonderful Group of Companies in Zambia, invested USD 11.5 million in the manufacturing of bathtubs and bathroom materials in view of the booming construction industry locally and in the region. Industrial Development Corporation (IDC) recently acquired 22.6% shares in Marcopolo Tiles.
- In 2022, RAK Ceramics to acquire Germany's Kludi Group to expand operations. RAK Ceramics, one of the world's biggest producers of ceramic products, plans to acquire 100 per cent of Germany's Kludi Groups at a valuation of EUR 39 million (USD 42.9m), it seeks to expand its operations internationally.
China Non-Resilient Floor Covering Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of Study
2. RESEARCH METHODOLOGY
3. EXCEUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Value Chain Analysis
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4.5 Porters Five Forces Analysis
- 4.5.1 Threat of New Entrant
- 4.5.2 Bargaining Power of Buyer/ Consumer
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Product
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Government Regulations and Industry Policies
- 4.7 Insights on impact of technology and innovation in the Market
- 4.8 Impact of COVID-19 on the market
5. MARKET SEGMENTATION
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5.1 By Product
- 5.1.1 Ceramic Tiles Flooring
- 5.1.2 Stone Tiles Flooring
- 5.1.3 Laminate Tiles Flooring
- 5.1.4 Wood Tiles Flooring
- 5.1.5 Others
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5.2 By End-User
- 5.2.1 Residential
- 5.2.2 Commercial
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5.3 By Distribution Channel
- 5.3.1 Home Centers
- 5.3.2 Specialty Stores
- 5.3.3 Online
- 5.3.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 The Marco Polo Group
- 6.1.2 DongPeng Ceramics Co
- 6.1.3 Rak Cermics PJSC
- 6.1.4 China Ceramics Co Ltd
- 6.1.5 Foshan Hanse Industrial Co Ltd
- 6.1.6 Foshan Wondrous Building Materials Co Ltd
- 6.1.7 Dare Power Dekor Home Co Ltd
- 6.1.8 Nature Home Holding Co Ltd
- 6.1.9 Zhejiang Shiyou Timber Co Ltd
- 6.1.10 Yihua Lifestyle Technology Co Ltd*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
China Non-Resilient Floor Covering Industry Segmentation
The Non-resilient flooring means flooring of a mineral content that is not flexible, including terrazzo, marble, slate, granite, brick, stone, ceramic tile and concrete. China Non-Resilient Flooring Market refers to the floors which have hard surfaced flooring material such as stone, brick, slate, or ceramic tile and are used in buildings that can assist in determining the age of a structure include bamboo, brick, concrete, stone, slate, and a wide variety of wood products. A complete background analysis of China Non-Resilient Floor Covering Market , which includes an assessment of the economy, market overview, market size estimation for key segments, and emerging trends in the market, market dynamics, and key company profiles are covered in the report. China Non-Resilient Floor Covering Market is Segmented by Product (Ceramic Tiles Flooring, Stone Tiles Flooring, Wood Flooring, Laminate Tiles Flooring, Others), by End-User (Residential and Commercial), and by Distribution Channel (Home Centers, Specialty Stores, Online Stores, and Other Distribution Channels).
| By Product | Ceramic Tiles Flooring |
| Stone Tiles Flooring | |
| Laminate Tiles Flooring | |
| Wood Tiles Flooring | |
| Others | |
| By End-User | Residential |
| Commercial | |
| By Distribution Channel | Home Centers |
| Specialty Stores | |
| Online | |
| Other Distribution Channels |
China Non-Resilient Floor Covering Market Research FAQs
What is the current China Non-Resilient Floor Covering Market size?
The China Non-Resilient Floor Covering Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in China Non-Resilient Floor Covering Market?
The Marco Polo Group, DongPeng Ceramics Co, Foshan Hanse Industrial Co Ltd, China Ceramics Co Ltd and Rak Cermics PJSC are the major companies operating in the China Non-Resilient Floor Covering Market.
What years does this China Non-Resilient Floor Covering Market cover?
The report covers the China Non-Resilient Floor Covering Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the China Non-Resilient Floor Covering Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
China Non-Resilient Floor Covering Industry Report
Statistics for the 2024 China Non-Resilient Floor Covering market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Non-Resilient Floor Covering analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
