Global Residential Use Stone Plastic Composite (SPC) Flooring Supply, Demand and Key Producers, 2023-2029

Global Residential Use Stone Plastic Composite (SPC) Flooring Supply, Demand and Key Producers, 2023-2029

The global Residential Use Stone Plastic Composite (SPC) Flooring market size is expected to reach $ 6604.4 million by 2029, rising at a market growth of 15.8% CAGR during the forecast period (2023-2029).

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 studies the global Residential Use Stone Plastic Composite (SPC) Flooring production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Residential Use Stone Plastic Composite (SPC) Flooring, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Residential Use Stone Plastic Composite (SPC) Flooring that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Residential Use Stone Plastic Composite (SPC) Flooring total production and demand, 2018-2029, (K Sq.m)

Global Residential Use Stone Plastic Composite (SPC) Flooring total production value, 2018-2029, (USD Million)

Global Residential Use Stone Plastic Composite (SPC) Flooring production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Sq.m)

Global Residential Use Stone Plastic Composite (SPC) Flooring consumption by region & country, CAGR, 2018-2029 & (K Sq.m)

U.S. VS China: Residential Use Stone Plastic Composite (SPC) Flooring domestic production, consumption, key domestic manufacturers and share

Global Residential Use Stone Plastic Composite (SPC) Flooring production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Sq.m)

Global Residential Use Stone Plastic Composite (SPC) Flooring production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Sq.m)

Global Residential Use Stone Plastic Composite (SPC) Flooring production by Sales Channel production, value, CAGR, 2018-2029, (USD Million) & (K Sq.m).

This reports 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, Novalis, Zhejiang GIMIG Technology, Mohawk, Taizhou Huali New Materials and Decno Group, etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Residential Use Stone Plastic Composite (SPC) Flooring market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Sq.m) and average price (USD/Sq.m) by manufacturer, by Type, and by Sales Channel. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Residential Use Stone Plastic Composite (SPC) Flooring Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Residential Use Stone Plastic Composite (SPC) Flooring Market, Segmentation by Type
Recycled PVC Type
Non-recycled PVC Type

Global Residential Use Stone Plastic Composite (SPC) Flooring Market, Segmentation by Sales Channel
Building Materials Market
Fooring Agent
Online

Companies Profiled:
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

Key Questions Answered

1. How big is the global Residential Use Stone Plastic Composite (SPC) Flooring market?

2. What is the demand of the global Residential Use Stone Plastic Composite (SPC) Flooring market?

3. What is the year over year growth of the global Residential Use Stone Plastic Composite (SPC) Flooring market?

4. What is the production and production value of the global Residential Use Stone Plastic Composite (SPC) Flooring market?

5. Who are the key producers in the global Residential Use Stone Plastic Composite (SPC) Flooring market?

6. What are the growth factors driving the market demand?