Global Commercial Use Stone Plastic Composite (SPC) Flooring Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Commercial Use Stone Plastic Composite (SPC) Flooring Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Commercial Use Stone Plastic Composite (SPC) Flooring market size was valued at USD 843.7 million in 2022 and is forecast to a readjusted size of USD 2157.7 million by 2029 with a CAGR of 14.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Market Drivers: Durability and Longevity: Commercial SPC flooring is known for its high durability and resistance to wear and tear, making it suitable for high-traffic areas in commercial settings, such as retail stores, offices, and hospitality spaces.

Water Resistance: SPC flooring is waterproof, making it an attractive choice for commercial spaces, including bathrooms, kitchens, and areas prone to spills and moisture.

Design and Aesthetics: SPC flooring comes in a wide range of designs, including wood and stone patterns, allowing businesses to achieve a desired aesthetic while benefiting from its durability.

Installation Efficiency: The click-lock installation system of SPC flooring simplifies the installation process, which can be a cost-saving factor for commercial projects.

Market Restrictions: Competition: The commercial flooring market is highly competitive, with numerous options available, including traditional materials like hardwood, ceramic tile, and carpet, which can make it challenging for SPC flooring to gain market share.

Initial Cost: While SPC flooring can offer long-term cost savings due to its durability and low maintenance, the upfront cost of materials and installation may be higher than some other flooring options.

Stone plastic composite (SPC), or solid polymer core, is a type of rigid core used in vinyl flooring that is comprised of mostly limestone with a mix of polyvinyl chloride and stabilizers. Rigid cores like SPC are used in modular vinyl flooring to provide dimensional stability and rigidity.

This report is a detailed and comprehensive analysis for global Commercial Use Stone Plastic Composite (SPC) Flooring market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Commercial Use Stone Plastic Composite (SPC) Flooring market size and forecasts, in consumption value ($ Million), sales quantity (K Sq.m), and average selling prices (USD/Sq.m), 2018-2029

Global Commercial Use Stone Plastic Composite (SPC) Flooring market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sq.m), and average selling prices (USD/Sq.m), 2018-2029

Global Commercial Use Stone Plastic Composite (SPC) Flooring market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sq.m), and average selling prices (USD/Sq.m), 2018-2029

Global Commercial Use Stone Plastic Composite (SPC) Flooring market shares of main players, shipments in revenue ($ Million), sales quantity (K Sq.m), and ASP (USD/Sq.m), 2018-2023.

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Commercial Use Stone Plastic Composite (SPC) Flooring

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace.

This report profiles key players in the global Commercial Use Stone Plastic Composite (SPC) Flooring market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tianzhen Bamboo Flooring, Zhejiang Walrus New Material, CFL Flooring, Zhejiang Kingdom and Novalis, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Commercial Use Stone Plastic Composite (SPC) Flooring market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Recycled PVC Type
Non-recycled PVC Type

Market segment by Application
Shopping Mall
Office Building
Hospital
Entertainment Venues
Hotel
School
Others

Major players covered
Tianzhen Bamboo Flooring
Zhejiang Walrus New Material
CFL Flooring
Zhejiang Kingdom
Novalis
Zhejiang GIMIG Technology
Mohawk
Taizhou Huali New Materials
Decno Group
Mannington Mills
Zhejiang Oufei New Material
Snmo LVT
Armstrong Flooring

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Commercial Use Stone Plastic Composite (SPC) Flooring product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Commercial Use Stone Plastic Composite (SPC) Flooring, with price, sales, revenue and global market share of Commercial Use Stone Plastic Composite (SPC) Flooring from 2018 to 2023.

Chapter 3, the Commercial Use Stone Plastic Composite (SPC) Flooring competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Commercial Use Stone Plastic Composite (SPC) Flooring breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Commercial Use Stone Plastic Composite (SPC) Flooring market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Commercial Use Stone Plastic Composite (SPC) Flooring.

Chapter 14 and 15, to describe Commercial Use Stone Plastic Composite (SPC) Flooring sales channel, distributors, customers, research findings and conclusion.