Asia-Pacific: Market for Non-PVC Floor, Wall and Ceiling Coverings 2024

Market Size for Non-PVC Floor, Wall and Ceiling Coverings in Asia-Pacific

The Asia-Pacific market for non-PVC floor, wall and ceiling coverings reduced modestly to $X in 2022, flattening at the previous year. In general, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market hit record highs at $X in 2021, and then fell modestly in the following year.

Production of Non-PVC Floor, Wall and Ceiling Coverings in Asia-Pacific

In value terms, production of non-PVC floor, wall and ceiling coverings shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Non-PVC Floor, Wall and Ceiling Coverings

Exports in Asia-Pacific

In 2022, overseas shipments of non-PVC floor, wall and ceiling coverings decreased by X% to X square meters, falling for the third year in a row after three years of growth. Total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of non-PVC floor, wall and ceiling coverings amounted to $X in 2022. In general, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

China was the key exporter of non-PVC floor, wall and ceiling coverings in Asia-Pacific, with the volume of exports reaching X square meters, which was approx. X% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X square meters), committing a X% share of total exports. Vietnam (X square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-PVC floor, wall and ceiling coverings exports from China stood at X%. At the same time, Vietnam (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Taiwan (Chinese) increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-PVC floor, wall and ceiling coverings supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports.

In China, exports of non-PVC floor, wall and ceiling coverings expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per square meter in 2022, surging by X% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per square meter), while Taiwan (Chinese) ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-PVC Floor, Wall and Ceiling Coverings

Imports in Asia-Pacific

For the fifth year in a row, Asia-Pacific recorded growth in purchases abroad of non-PVC floor, wall and ceiling coverings, which increased by X% to X square meters in 2022. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, imports of non-PVC floor, wall and ceiling coverings amounted to $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

The countries with the highest levels of imports of non-PVC floor, wall and ceiling coverings in 2022 were India (X square meters), the Philippines (X square meters), Australia (X square meters), Indonesia (X square meters), Japan (X square meters), Singapore (X square meters), Taiwan (Chinese) (X square meters), South Korea (X square meters), Vietnam (X square meters), Thailand (X square meters), Malaysia (X square meters) and Hong Kong SAR (X square meters), together accounting for X% of total import.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-PVC floor, wall and ceiling coverings importing markets in Asia-Pacific were Australia ($X), Japan ($X) and Indonesia ($X), with a combined X% share of total imports. India, Taiwan (Chinese), Thailand, Vietnam, South Korea, Singapore, the Philippines, Hong Kong SAR and Malaysia lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per square meter, increasing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per square meter), while the Philippines ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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