The development trend of LVT plastic floor in the next few years!
Release time:
2023-07-06 18:00
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In 2016, LVT and its subcategories accounted for 42.3 percent of residential volume and 67.6 percent of residential revenue. Analysts do not expect these numbers to decline in 2017 and will continue to reflect strong growth in the category. In 2016, total sales of resilient flooring increased by 19.7 percent, from $2.924 billion in 2015 to $3.499 billion, a growth rate almost four times that of the industry as a whole. In addition, the sales volume of elastic flooring has accounted for 16.5 of the total sales volume of the entire flooring industry, and the total sales volume of all hard flooring materials is no. 1 position.
In 2017, the sales volume of elastic flooring continued to grow, especially today's waterproof products are becoming more and more popular with consumers. Industry experts also said that WPC and SPC will achieve rapid growth, while other categories of flooring will continue to lose market share. Especially laminate flooring, because it cannot solve the problems of water and noise well, with the emergence of WPC and SPC products, it will be more affected.
sustainable development
Against the backdrop of this good news, experts predict that the growth of LVT will continue into 2018. WPC and SPC will have greater market prospects. It is expected that these two floors will continue to develop in the next 2 years.
Traditional LVT Prospects
There are many different views on traditional LVT flooring. There are concerns that WPC and SPC will be the traditional LVT market, especially LVT flooring. Market data shows that the market share of multi-layer composite flooring in LVT door latch flooring is slowly increasing. With the advancement of technology, the practicality of design and the improvement of comprehensive performance, multi-layer composite flooring has become an obvious competitor of LVT flooring. Other experts were positive about the overall situation. They argue that the growth of subcategories such as WPC and SPC will only make LVT a more dynamic floor category, rather than one sloping against another. Consumers and users will have more options to meet their flooring needs, applications and budgets.
In recent years, LVT (polyethylene floor tile) technology has made remarkable progress, the market share has increased rapidly, and it has become a product in the floor market. Therefore, LVT has become a strong competitor in the traditional flooring industry. Therefore, the development trend of LVT is also worthy of attention and research in the wood industry.
Latest News
Previous domestic more common plastic flooring, usually in the form of coil. If you talk about PVC sheet flooring, you may be a little strange, but if you talk about self-adhesive flooring and lock flooring, you must have heard of it. In fact, both of them belong to PVC sheet, and another name for PVC sheet is stone plastic floor!
In 2016, LVT and its subcategories accounted for 42.3 percent of residential volume and 67.6 percent of residential revenue. Analysts do not expect these numbers to decline in 2017 and will continue to reflect strong growth in the category. In 2016, total sales of resilient flooring increased by 19.
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