Market Trends of India Non-Resilient Floor Covering Industry
This section covers the major market trends shaping the India Non-Resilient Floor Covering Market according to our research experts:
Ceramic Tiles Occupy A Major Share of the Market
India producers the second-largest quantities of ceramic tiles worldwide. Factors such as enhancing high aesthetics appearance, easy installation, and easy maintenance have made ceramic tiles more adaptable to domestic consumption across the country. Furthermore, the vast availability of ceramic tiles in various printed colors, designs, shapes, and sizes, along with customization facilities offered by majority manufactures are enabling the industry to grow further. Innovation in manufacturing processes and emerging technologies such as 3-D printing, Nanotechnology, etc are helping the industry to increase production capacities in the country.
Growing Construction Activities are Driving the Market
With rapid industrialization, rising expenditure on infrastructure projects, and manufacturing facilities along with the booming residential construction market, the floor covering market in India is anticipated to register rapid growth in the forecast period. The ceramic tiles market which is a sub-segment of non-resilient floor coverings is growing with the positive trends in residential construction. The shifts in consumer preferences for improved finishing ability with high mechanical strength and chemical resistance flooring is encouraging the product penetration of non-resilient floor covering applications in the industrial and hospitality sectors.