Report Update: May 1, 2024

India - Pvc Floor Covering - Market Analysis, Forecast, Size, Trends And Insights

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Price for PVC Floor, Wall and Ceiling Coverings in India - 2023

Price for PVC Floor, Wall and Ceiling Coverings in India (FOB) - 2023

In October 2023, the average export price for PVC floor, wall and ceiling coverings amounted to $3.5 per square meter, rising by 1.6% against the previous month. Over the period under review, the export price, however, recorded a mild reduction. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 21% against the previous month. As a result, the export price attained the peak level of $5.9 per square meter. From July 2023 to October 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In October 2023, the country with the highest price was Saudi Arabia ($4.6 per square meter), while the average price for exports to the United States ($3.5 per square meter) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.3%), while the prices for the other major destinations experienced a decline.

Price for PVC Floor, Wall and Ceiling Coverings in India (CIF) - 2023

In October 2023, the average import price for PVC floor, wall and ceiling coverings amounted to $5.0 per square meter, shrinking by -5.6% against the previous month. In general, the import price showed a slight reduction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 7.5% month-to-month. Over the period under review, average import prices hit record highs at $6.3 per square meter in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($14.8 per square meter), while the price for Belgium ($860 per thousand square meters) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of PVC Floor, Wall and Ceiling Coverings in India

In 2022, exports of PVC floor, wall and ceiling coverings from India expanded remarkably to 39M square meters, growing by 14% compared with the year before. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 188% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of PVC floor, wall and ceiling coverings rose rapidly to $92M in 2022. Overall, exports showed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 193% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of PVC Floor, Wall and Ceiling Coverings in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	0.4	5.5	60.4	70.1	459.6%
United Arab Emirates	1.9	2.8	2.8	4.6	34.3%
Yemen	2.8	1.8	2.6	2.4	-5.0%
Saudi Arabia	1.2	1.1	0.8	1.1	-2.9%
Qatar	0.5	0.4	0.6	1.0	26.0%
Italy	0.3	0.2	0.7	0.9	44.2%
South Africa	22.0	1.5	0.9	0.5	-71.7%
Others	29.1	14.8	13.9	11.5	-26.6%
Total	58.1	28.2	82.7	92.0	16.6%

Top Export Markets for PVC Floor, Wall and Ceiling Coverings from India in 2022:

United States (25.7M square meters)
United Arab Emirates (4.4M square meters)
Qatar (1.0M square meters)
Saudi Arabia (0.9M square meters)
Italy (0.8M square meters)
Yemen (0.7M square meters)
South Africa (0.2M square meters)

Imports of PVC Floor, Wall and Ceiling Coverings in India

In 2022, the amount of PVC floor, wall and ceiling coverings imported into India skyrocketed to 26M square meters, picking up by 30% on the year before. In general, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of PVC floor, wall and ceiling coverings surged to $45M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of PVC Floor, Wall and Ceiling Coverings in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	18.0	12.6	16.2	26.5	13.8%
United Kingdom	1.6	1.0	1.3	1.9	5.9%
South Korea	2.8	1.3	1.7	1.8	-13.7%
Sweden	1.5	1.5	2.0	1.7	4.3%
Vietnam	1.4	1.1	1.4	1.2	-5.0%
Thailand	0.9	1.0	2.0	1.2	10.1%
Belgium	1.0	0.4	0.6	0.9	-3.5%
Taiwan (Chinese)	0.5	0.2	0.7	0.6	6.3%
Nepal	1.1	0.6	0.5	0.5	-23.1%
Others	7.6	4.7	5.8	8.3	3.0%
Total	36.4	24.3	32.2	44.7	7.1%

Top Suppliers of PVC Floor, Wall and Ceiling Coverings to India in 2022:

China (18.1M square meters)
Vietnam (1.3M square meters)
South Korea (0.9M square meters)
Belgium (0.7M square meters)
Thailand (0.7M square meters)
Taiwan (Chinese) (0.6M square meters)
Sweden (0.6M square meters)
United Kingdom (0.5M square meters)
Nepal (0.4M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pvc floor, wall and ceiling coverings in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22231155 - Floor coverings in rolls or in tiles and wall or ceiling coverings consisting of a support impregnated, coated or covered with polyvinyl chloride
Prodcom 22231159 - Other floor, wall, ceiling... coverings of polymers of vinyl chloride

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023