Wood Plastic Composite Flooring Market Size- By Type, By Thickness, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Wood Plastic Composite Flooring Market Introduction and Overview
According to SPER Market Research, ‘Wood Plastic Composite Flooring Market Size- By Type, By Thickness, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Wood Plastic Composite Flooring Market is estimated to reach USD 4.59 billion by 2033 with a CAGR of 7.39%.
A new revolution in LVT flooring, WPC flooring is a range of Acoustic Vinyl Composite Core Click products. It is an ideal substitute for laminate or LVT flooring. It is an engineered flooring product featuring a click mechanism, cork backing, and a composite core with a layer of LVT on top. Vinyl on top offers a tough and long-lasting performance; cork backing provides superb sound insulation; and composite core is an extruded layer that is watertight and has high dimensional stability.
The COVID-19 pandemic led to the partial or complete closure of manufacturing facilities for non-essential products due to the extended lockdown in major nations. This led to the closure or suspension of manufacturing in the majority of industrial units worldwide. The coronavirus epidemic affected the supply chain, delaying supplies of wood composites and other raw materials from yards due to lockdown and labour shortages. Industries are closing all across the world.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By Thickness, By Application
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered
Shenzhen Gem Hi-Tech Co, Tréx Company Inc., LL Flooring Holdings, Armstrong Flooring Inc, Spectra Contract Flooring, Cali Bamboo Llc, Mp Global Products Llc, Slaughterbeck Floors INC, Others.
Global Wood Plastic Composite Flooring Market Segmentation:
By Type:Based on the Type, Global Wood Plastic Composite Flooring Market is segmented as; Polyethylene, Polyvinylchloride, Polypropylene, Others.
By Thickness: Based on the Thickness, Global Wood Plastic Composite Flooring Market is segmented as; 4 MM, 5 MM, 5.5 MM, 6.5 MM, Above 8 MM.
By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Wood Plastic Composite Flooring Market.
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Wood Plastic Composite Flooring Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Wood Plastic Composite Flooring Market
- 7. Global Wood Plastic Composite Flooring Market, By Type (USD Million) 2020-2033
- 7.1. Global Wood Plastic Composite Flooring Market Size, Share and Forecast, By Type, 2020-2026
- 7.2. Global Wood Plastic Composite Flooring Market Size, Share and Forecast, By Type, 2027-2033
- 7.3. Polyethylene
- 7.4. Polyvinylchloride
- 7.5. Polypropylene
- 7.6. Others
- 8. Global Wood Plastic Composite Flooring Market, By Thickness (USD Million) 2020-2033
- 8.1. Global Wood Plastic Composite Flooring Market Size, Share and Forecast, By Thickness, 2020-2026
- 8.2. Global Wood Plastic Composite Flooring Market Size, Share and Forecast, By Thickness, 2027-2033
- 8.3. 4 MM
- 8.4. 5 MM
- 8.5. 5.5 MM
- 8.6. 6.5 MM
- 8.7. Above 8 MM
- 9. Global Wood Plastic Composite Flooring Market, By Application (USD Million) 2020-2033
- 9.1. Global Wood Plastic Composite Flooring Market Size, Share and Forecast, By Application, 2020-2026
- 9.2. Global Wood Plastic Composite Flooring Market Size, Share and Forecast, By Application, 2027-2033
- 9.3. Commercial Buildings
- 9.4. Residential Buildings
- 9.5. Retail Outlets
- 9.6. Others
- 10. Global Wood Plastic Composite Flooring Market Forecast, 2020-2033 (USD Million)
- 10.1. Global Wood Plastic Composite Flooring Market Size and Market Share
- 11. Global Wood Plastic Composite Flooring Market, By Region, 2020-2033 (USD Million)
- 11.1. Global Wood Plastic Composite Flooring Market Size and Market Share By Region (2020-2026)
- 11.2. Global Wood Plastic Composite Flooring Market Size and Market Share By Region (2027-2033)
- 11.3. Asia-Pacific
- 11.3.1. Australia
- 11.3.2. China
- 11.3.3. India
- 11.3.4. Japan
- 11.3.5. South Korea
- 11.3.6. Rest of Asia-Pacific
- 11.4. Europe
- 11.4.1. France
- 11.4.2. Germany
- 11.4.3. Italy
- 11.4.4. Spain
- 11.4.5. United Kingdom
- 11.4.6. Rest of Europe
- 11.5. Middle East and Africa
- 11.5.1. Kingdom of Saudi Arabia
- 11.5.2. United Arab Emirates
- 11.5.3. Qatar
- 11.5.4. South Africa
- 11.5.5. Egypt
- 11.5.6. Morocco
- 11.5.7. Nigeria
- 11.5.8. Rest of Middle-East and Africa
- 11.6. North America
- 11.6.1. Canada
- 11.6.2. Mexico
- 11.6.3. United States
- 11.7. Latin America
- 11.7.1. Argentina
- 11.7.2. Brazil
- 11.7.3. Rest of Latin America
- 12. Company Profile
- 12.1. SHENZHEN GEM HI-TECH CO.
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. TREX COMPANY INC.
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. LL FLOORING HOLDINGS
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. ARMSTRONG FLOORING INC.
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. SPECTRA CONTRACT FLOORING
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. CALI BAMBOO LLC
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. MP GLOBAL PRODUCTS LLC
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. PARTERRE FLOORING AND SURFACE SYSTEMS LLC
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. SHAW CONTRACT FLOORING SERVICES INC.
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. SLAUGHTERBECK FLOORS INC.
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. OTHERS
- 13. Conclusion
- 14. List of Abbreviations
- 15. Reference Links
Research Assistance
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