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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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.
