Ceramic tiles market, which is one of the leading variants of the flooring market has suffered several setbacks during 2020 due to the sudden COVID-19 pandemic. China being one of the largest ceramic tiles production countries, was one of the worst-hit markets due to the virus outbreak which resulted in a shortage of finished tiles in the market. However, the construction sector which is the key market for ceramic tiles has also been suffering due to the COVID-19 which in turn affecting the ceramic tiles market with revenue losses.
The ceramic tiles industry in China is projected to witness substantial growth over the forecast period, owing to significant growth of the medical and housing and construction industries.The number of construction projects is on the rise, owing to the demand for residential infrastructure and renovation of existing buildings.
The increasing urbanization in Asia-Pacific countries, such as the CHina, India, Philippines, Indonesia, Malaysia, and Vietnam, is likely to remain a major growth driver for the ceramic tiles market in the region over the forecast period.
The rapid influx of immigrants into the urban centers in these countries is likely to drive the demand for residential construction, entailing a steady demand from the ceramic tiles market.
China is the largest country among the ceramic tiles producing countries in the world. The fierce competition in both the domestic and export markets is forcing ceramic producers to improve their production process and product quality. China has developed a significant advantage in exporting ceramic products. To enhance the value of the Chinese ceramic products, many businesses have intensified the application of new technologies in production, to create high-quality products at reasonable costs.
China is one of the fastest growing countries, in terms of consumption of ceramic tiles. Home decoration tiles are mainly used in the living room, kitchen, and bathroom walls and other spaces, with strong decoration, and therefore, they have conspicuous consumption attributes. In addition to its functions, consumers focus on external factors, such as brand, appearance, and taste. The replacement of the product structure caused by the changing trend of tiles consumption may not only accelerate the expansion of the mid- and high-end market capacity, but also accelerate the formation of the industry leaders. These new consumption trends have greatly enhanced the competitive barriers of manufacturers in product development, terminal image, user services, and supply chain capabilities.
The report covers major international players operating in the Chinese ceramic tiles market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.
This product will be delivered within 2 business days.
The ceramic tiles industry in China is projected to witness substantial growth over the forecast period, owing to significant growth of the medical and housing and construction industries.The number of construction projects is on the rise, owing to the demand for residential infrastructure and renovation of existing buildings.
The increasing urbanization in Asia-Pacific countries, such as the CHina, India, Philippines, Indonesia, Malaysia, and Vietnam, is likely to remain a major growth driver for the ceramic tiles market in the region over the forecast period.
The rapid influx of immigrants into the urban centers in these countries is likely to drive the demand for residential construction, entailing a steady demand from the ceramic tiles market.
Key Market Trends
Production of Ceramic Tiles in China
China is the largest country among the ceramic tiles producing countries in the world. The fierce competition in both the domestic and export markets is forcing ceramic producers to improve their production process and product quality. China has developed a significant advantage in exporting ceramic products. To enhance the value of the Chinese ceramic products, many businesses have intensified the application of new technologies in production, to create high-quality products at reasonable costs.
Consumption of Ceramic Tiles in China
China is one of the fastest growing countries, in terms of consumption of ceramic tiles. Home decoration tiles are mainly used in the living room, kitchen, and bathroom walls and other spaces, with strong decoration, and therefore, they have conspicuous consumption attributes. In addition to its functions, consumers focus on external factors, such as brand, appearance, and taste. The replacement of the product structure caused by the changing trend of tiles consumption may not only accelerate the expansion of the mid- and high-end market capacity, but also accelerate the formation of the industry leaders. These new consumption trends have greatly enhanced the competitive barriers of manufacturers in product development, terminal image, user services, and supply chain capabilities.
Competitive Landscape
The report covers major international players operating in the Chinese ceramic tiles market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- China Ceramics Co. Ltd
- Foshan Hanse Industrial Co. Ltd
- Foshan Wondrous Building Materials Co. Ltd
- Guangdong Sanfi Ceramics Group Co. Ltd
- Foshan Jinduo Ceramics Co. Ltd
- Guangdong Bohua Ceramics Co. Ltd
- Guangdong Grifine Ceramics Co. Ltd
- Guangdong New Pearl Ceramics Co ,Ltd
- Guangdong Huiya Ceramics Co. Ltd
- Guangdong Hongwei Ceramic Industry Co. Ltd*
Methodology
LOADING...
