China Wood Flooring Industry

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.

China wood flooring industry.

The flooring industry in china has been affected by the depressed real estate sector in the year 2014. Factors such as the natural look and feel offered by solid wood flooring coupled with the growing need for aesthetic improvements in the. China s wood flooring industry will show trends as follows. 2 solid wood flooring with heating system will usher in a period of growth.

4 4 1 china laminate wood flooring production. 1 green and environment friendly wood flooring will be a trend. Engineered hardwood flooring follows with a rising share year by year at least 20 of total wood flooring sales. 3 the industry will become increasingly concentrated.

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. Contractors in the survey named lvt and laminate as the biggest threat to wood flooring. 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. Production of wood and laminated flooring in 2007 has been more than 360 million square meters a year against 216 million in 2003.

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. 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. Wood flooring industry in china the industry. The top supplying country or region is china which supply 100 of wood flooring prices respectively.

About 14 of these are engineered flooring 14 are plastic flooring and 3 are wood flooring. 5 imported flooring will lose its competitive edge. There are 59 229 wood flooring prices suppliers mainly located in asia. 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.

4 penetration of wood flooring is on the rise.