China Resilient Flooring Market Size & Outlook, 2023-2030
China resilient flooring market, 2018-2030 (US$M)
Related Markets
China resilient flooring market highlights
- The China resilient flooring market generated a revenue of USD 3,013.5 million in 2023 and is expected to reach USD 4,916.1 million by 2030.
- The China market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, non-residential was the largest revenue generating application in 2023.
- Non-residential is the most lucrative application segment registering the fastest growth during the forecast period.
Resilient flooring market data book summary
| Market revenue in 2023 | USD 3,013.5 million |
| Market revenue in 2030 | USD 4,916.1 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Non-residential |
| Fastest growing segment | Non-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, Forbo Holding AG, Interface Inc, Tarkett SA, Berkshire Hathaway Inc Class A, Beaulieu International Group, Gerflor Group, Fatra, A.S., IVC Group, Mondo Sport&Flooring |
Other key industry trends
- In terms of revenue, China accounted for 9.9% of the global resilient flooring market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China resilient 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 1,522.8 million by 2030.
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Resilient Flooring Market Scope
Resilient Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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China resilient 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 resilient flooring market will help companies and investors design strategic landscapes.
Non-residential was the largest segment with a revenue share of 61.65% in 2023. Horizon Databook has segmented the China resilient flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Construction industry in China accounted for the largest industry in the Asia Pacific region in 2018 on account of the ascending need for residential and commercial buildings in order to cater to the growing population. China is the largest consumer of resilient flooring materials in the region and is anticipated to continue its dominance over the forecast period on account of the higher adoption of vinyl, carpet, and rubber floorings.
Rising commercial construction of industrial facilities, complexes, hospitals, hotels & restaurants, and retail spaces to cater growing population demands is expected to support the growth of construction industry, thereby driving the demand for resilient floorings.
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Target buyers of China resilient flooring market databook
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Our clientele includes a mix of resilient 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 resilient flooring market , including forecasts for subscribers. This country databook contains high-level insights into China resilient flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China resilient flooring market size, by application, 2018-2030 (US$M)
China Resilient Flooring Market Outlook Share, 2023 & 2030 (US$M)
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