The global Stone Plastic Composite (SPC) Flooring market was valued at US$ 2424.9 million in 2022 and is projected to reach US$ 6925.2 million by 2029, at a CAGR of 16.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
SPC stands for Stone Polymer Composite, a limestone core combined with PVC dust and a stabilizer. As a result, it's denser due to the core being 60-70% limestone with a 30% PVC core fused together. Often referred to as rigid core, SPC is 10X more impact resistant than WPC. It's also more stable to sunlight, can be installed in sunrooms, and has better scratch resistance compared to WPC.
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This report aims to provide a comprehensive presentation of the global market for Stone Plastic Composite (SPC) Flooring, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Stone Plastic Composite (SPC) Flooring. This report contains market size and forecasts of Stone Plastic Composite (SPC) Flooring in global, including the following market information:
Global Stone Plastic Composite (SPC) Flooring Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Stone Plastic Composite (SPC) Flooring Market Sales, 2018-2023, 2024-2029, (K Sq.m)
Global top five Stone Plastic Composite (SPC) Flooring companies in 2022 (%)
The industry is relatively fragmented and the main players are located in China and the United States. Decno Group, Armstrong, Mohawk, Mannington Mills, Tianzhen Bamboo Flooring, Zhejiang Oufei New Material, Zhejiang Walrus New Material and Zhejiang Kingdom are considered to be the main players in the industry. Tianzhen Bamboo Flooring is considered to be the market leader with a 9% market share in sales.In terms of product, non-recycled PVC type is the largest segment, with a share over 95%. And in terms of application, the largest application is residential use, followed by commercial use.
We surveyed the Stone Plastic Composite (SPC) Flooring manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Stone Plastic Composite (SPC) Flooring Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Sq.m)
Global Stone Plastic Composite (SPC) Flooring Market Segment Percentages, by Type, 2022 (%)
Recycled PVC Type
Non-recycled PVC Type
Global Stone Plastic Composite (SPC) Flooring Market Segment Percentages, by Application, 2022 (%)
Residential Use
Commercial Use
Global Stone Plastic Composite (SPC) Flooring Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Stone Plastic Composite (SPC) Flooring revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Stone Plastic Composite (SPC) Flooring revenues share in global market, 2022 (%)
Key companies Stone Plastic Composite (SPC) Flooring sales in global market, 2018-2023 (Estimated), (K Sq.m)
Key companies Stone Plastic Composite (SPC) Flooring sales share in global market, 2022 (%)
key players include:
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
Chapter 1: Introduces the definition of Stone Plastic Composite (SPC) Flooring, market overview.
Chapter 2: Global Stone Plastic Composite (SPC) Flooring market size in revenue and volume.
Chapter 3: Detailed analysis of Stone Plastic Composite (SPC) Flooring manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Stone Plastic Composite (SPC) Flooring in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Stone Plastic Composite (SPC) Flooring capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Stone Plastic Composite (SPC) Flooring Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Stone Plastic Composite (SPC) Flooring Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Stone Plastic Composite (SPC) Flooring Overall Market Size 2.1 Global Stone Plastic Composite (SPC) Flooring Market Size: 2022 VS 2029 2.2 Global Stone Plastic Composite (SPC) Flooring Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Stone Plastic Composite (SPC) Flooring Sales: 2018-2029 3 Company Landscape 3.1 Top Stone Plastic Composite (SPC) Flooring Players in Global Market 3.2 Top Global Stone Plastic Composite (SPC) Flooring Companies Ranked by Revenue 3.3 Global Stone Plastic Composite (SPC) Flooring Revenue by Companies 3.4 Global Stone Plastic Composite (SPC) Flooring Sales by Companies 3.5 Global Stone Plastic Composite (SPC) Flooring Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Stone Plastic Composite (SPC) Flooring Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Stone Plastic Composite (SPC) Flooring Product Type 3.8 Tier 1, Tier 2 and Tier 3 Stone Plastic Composite (SP
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