China Wood Flooring Industry

About 14 of these are engineered flooring 14 are plastic flooring and 3 are wood flooring.

China wood flooring industry.

Engineered hardwood flooring follows with a rising share year by year at least 20 of total wood flooring sales. Wood flooring industry in china the industry. The global laminate wood flooring industry report gives an elaborate information about the market size share and analyzes the complete value chain the report also covers the market dynamics enriching business strategists with quality data about the laminate wood flooring market. The flooring industry in china has been affected by the depressed real estate sector in the year 2014.

4 4 1 china laminate wood flooring production. Description the chinese flooring industry is growing at a pace of more than 10 a year. Non wood wood look competition on top of these concerns growing demand for resilient non wood wood look floor coverings such as lvt laminate wpc and tile are taking market share from nwfa members. 1 green and environment friendly wood flooring will be a trend.

This has caused a slowdown in growth rate the sales volume reached 390 million square meters with a decline of 2 8 year on year. By product laminate wood flooring as the mainstay of wood flooring industry in china always accounts for over 50 of total wood flooring sales but the share is on the decline. China s wood flooring industry will show trends as follows. 4 penetration of wood flooring is on the rise.

The top supplying country or region is china which supply 100 of wood flooring prices respectively. There are 59 229 wood flooring prices suppliers mainly located in asia. With the better standard of living and the people s desire for elegant life wood flooring sees a rising share in the flooring industry of china up from 33 9 in 2009 to 38 9 in 2018 just. Chinese tariffs slapped on exports of red oak walnut and other hardwoods have cut almost 50 percent of the revenue in the industry since 2017 according to the american hardwood export council.

Factors such as the natural look and feel offered by solid wood flooring coupled with the growing need for aesthetic improvements in the. Production of wood and laminated flooring in 2007 has been more than 360 million square meters a year against 216 million in 2003. According to a new report by grand view research the global wood and laminate flooring market size is expected to reach usd 90 46 billion by 2025 expanding at a compound annual growth rate of 5 3. Contractors in the survey named lvt and laminate as the biggest threat to wood flooring.

3 the industry will become increasingly concentrated.