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

Global Residential 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 Residential Use Stone Plastic Composite (SPC) Flooring market size was valued at USD 2366.6 million in 2022 and is forecast to a readjusted size of USD 6604.4 million by 2029 with a CAGR of 15.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Market Drivers: Durability and Longevity: Residential SPC flooring is known for its high durability and resistance to wear and tear, making it a popular choice for high-traffic areas in homes, such as living rooms, kitchens, and hallways.

Water Resistance: SPC flooring is waterproof, making it an ideal option for residential spaces prone to moisture and spills, such as bathrooms, kitchens, and basements.

Ease of Maintenance: SPC flooring is easy to clean and maintain, reducing the cost and effort associated with upkeep.

Design and Aesthetics: SPC flooring is available in a wide range of design options, including wood and stone patterns, allowing homeowners to achieve the desired aesthetic without sacrificing durability.

Market Restrictions: Competition: The residential flooring market is highly competitive, with various options, including traditional materials like hardwood, ceramic tile, carpet, and laminate flooring. SPC flooring competes with these established choices.

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

Installation Challenges: To ensure proper installation and the realization of its benefits, homeowners may need to hire skilled installers, which can add to the overall cost.

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 Residential Use Stone Plastic Composite (SPC) Flooring market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Sales Channel. 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 Residential 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 Residential 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 Residential Use Stone Plastic Composite (SPC) Flooring market size and forecasts, by Type and by Sales Channel, in consumption value ($ Million), sales quantity (K Sq.m), and average selling prices (USD/Sq.m), 2018-2029

Global Residential 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 Residential 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 Residential 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

Residential Use Stone Plastic Composite (SPC) Flooring market is split by Type and by Sales Channel. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Sales Channel 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 Sales Channel
Building Materials Market
Fooring Agent
Online

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 Residential Use Stone Plastic Composite (SPC) Flooring product scope, market overview, market estimation caveats and base year.

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

Chapter 3, the Residential 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 Residential 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 sales channel, with sales market share and growth rate by type, sales channel, 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 Residential Use Stone Plastic Composite (SPC) Flooring market forecast, by regions, type and sales channel, 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 Residential Use Stone Plastic Composite (SPC) Flooring.

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