Market Size of China Non-Resilient Floor Covering Industry
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 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 Size Summary
The China Non-Resilient Floor Covering Market is poised for growth, driven by the country's status as a leading producer and exporter of ceramic tiles. Despite the challenges posed by the COVID-19 pandemic, which disrupted manufacturing and logistics, the market is recovering as construction activities ramp up. The demand for ceramic tiles is bolstered by their durability, low maintenance, and aesthetic appeal, making them a popular choice for floor coverings. The market is characterized by intense competition, with numerous domestic and international players vying for market share. This competitive landscape is further enhanced by technological innovations and strategic partnerships, which are expected to propel the market forward during the forecast period.
China's construction industry, the largest globally, plays a significant role in the growth of the non-resilient flooring market. The government's focus on infrastructure development, particularly in smaller cities, supports continuous market expansion. Environmental regulations are prompting manufacturers to adopt sustainable practices, which could reshape the industry landscape. The high concentration of manufacturers in China offers substantial opportunities for international buyers, as the market remains highly competitive. Companies like Marco Polo Group and DongPeng Ceramics are leading the charge with technological advancements and strategic mergers, positioning themselves for sustained growth in the coming years.
China Non-Resilient Floor Covering Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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1.5 Porters Five Forces Analysis
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1.5.1 Threat of New Entrant
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1.5.2 Bargaining Power of Buyer/ Consumer
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Product
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1.5.5 Intensity of Competitive Rivalry
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1.6 Government Regulations and Industry Policies
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1.7 Insights on impact of technology and innovation in the Market
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1.8 Impact of COVID-19 on the market
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Ceramic Tiles Flooring
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2.1.2 Stone Tiles Flooring
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2.1.3 Laminate Tiles Flooring
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2.1.4 Wood Tiles Flooring
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2.1.5 Others
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2.2 By End-User
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2.2.1 Residential
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2.2.2 Commercial
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2.3 By Distribution Channel
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2.3.1 Home Centers
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2.3.2 Specialty Stores
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2.3.3 Online
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2.3.4 Other Distribution Channels
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China Non-Resilient Floor Covering Market Size 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.