China Flooring Market Size & Outlook, 2023-2030
China flooring market, 2018-2030 (US$M)
Related Markets
China flooring market highlights
- The China flooring market generated a revenue of USD 46,422.7 million in 2023 and is expected to reach USD 71,628.4 million by 2030.
- The China market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
Flooring market data book summary
| Market revenue in 2023 | USD 46,422.7 million |
| Market revenue in 2030 | USD 71,628.4 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Residential |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-Residential |
| Key market players worldwide | Mohawk Industries Inc, Tarkett SA, Forbo Holding AG, Interface Inc, James Halstead PLC, Atlas Copco AB ADR |
Other key industry trends
- In terms of revenue, China accounted for 29.5% of the global flooring market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China flooring market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 19,987.8 million by 2030.
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Flooring Market Scope
Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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China flooring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flooring market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 44.96% in 2023. Horizon Databook has segmented the China flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Population expansion in China has been a major contributor to the surge in the development of living spaces and other commercial facilities in the country. Moreover, China was the largest consumer of building materials, especially flooring products in 2023 in Asia Pacific.
The flooring market in China is expected to flourish in the coming years with the presence of multinational manufacturers and the easy availability of skilled workforce and raw materials. In addition, industrial development in the country is anticipated to support the growth of the flooring market in China over the forecast period.
The easy availability of essential resources and skilled labor at a low cost, along with the presence of favorable government regulations related to flooring, are the prime factors attracting multinational companies to invest in the country for business expansions.
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Target buyers of China flooring market databook
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Our clientele includes a mix of flooring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China flooring market , including forecasts for subscribers. This country databook contains high-level insights into China flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China flooring market size, by application, 2018-2030 (US$M)
China Flooring Market Outlook Share, 2023 & 2030 (US$M)
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