China Laminate Flooring Market Size (2024 - 2029)

The market size of China's laminate flooring industry is influenced by various factors, including the rising standard of living and the demand for affordable, aesthetically pleasing flooring options. Despite disruptions caused by the COVID-19 pandemic, which impacted production and supply chains, the market continues to experience growth due to urbanization, industrialization, and changing lifestyles. The laminate flooring sector benefits from its cost-effectiveness and ease of installation compared to other flooring types, contributing to its increasing share in the market. However, challenges such as supply chain disruptions and environmental concerns over timber usage have posed obstacles to market expansion.

Market Size of China Laminate Flooring Industry

China Laminate Flooring Market
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 7.00 %
Market Concentration Low

Major Players

China Laminate Flooring Market Major Players

*Disclaimer: Major Players sorted in no particular order

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China Laminate Flooring Market Analysis

China's laminate flooring sales are stimulated by a combination of positive factors. With the better standard of living and the people's desire for elegant life, laminate flooring sees a rising share in the flooring industry of China.

COVID-19 has disrupted the global supply chain of the major products. China is one of the largest consumers and producers and also caters to a wide range of countries by exporting several input supplies that are essentially used to produce laminate flooring finished goods. Shut down of the production in China has forced suffered a huge loss. This is leading to the increase in the supply and demand gap and the product market. Owing to the COVID-19 pandemic, the market has been under pressure from mid-February 2020, which restricted the construction of housing and building projects, and the lockdown restrictions have forced to stop manufacturing of laminate flooring products which resulted in a decline in the overall China market.

Laminate flooring refers to a multi-layer synthetic flooring product that is made up of the wear, design, core, and back layers sealed together using the lamination process. The upper layer usually comprises melamine and aluminum oxide that aid in providing the laminate board a scratch and moisture-resistant surface. In comparison to engineered wood, solid hardwood, and stone floor coverings, laminate flooring is inexpensive and easy to install as well as maintain. As it is available in varying widths, lengths, and thicknesses and can replicate different surfaces, including wood, stones, and tiles, the demand for laminate flooring is increasing across China. Laminate wood flooring is the mainstay of the wood flooring industry in China. Over two decades of development, a complete system has been developed in the Chinese laminate flooring industry, making the country be one of the major producers and consumers of laminate flooring. The demand for laminate flooring can be due to numerous factors. One of the major factors is the rapid growth of the construction industry. Urbanization, industrialization, and changing lifestyles have resulted in an increase in construction activities in emerging countries like China. Several initiatives are taking place for the revival and restoration of different educational and public buildings, thus boosting the sales of laminated flooring. Rising environmental concerns towards the usage of timber and new technological innovations will continue to spur the demand in the upcoming years. The Flooring manufacturing sector is one of the sectors that is bearing the toughest brunt of COVID-19 for more than a year, and manufacturers were stranded on raw material orders due to a major effect on the logistics industry due to the lockdowns. All these factors are limiting the laminate flooring industry growth during the pandemic.

China Laminate Flooring Industry Segmentation

Laminate flooring (also called floating wood tile in the United States) is a multi-layer synthetic flooring product fused together with a lamination process. Laminate flooring simulates wood (or sometimes stone) with a photographic applique layer under a clear protective layer. A complete background analysis of the China laminate flooring market, which includes an assessment of the laminate flooring market, emerging trends by segments and regional markets, significant changes in market dynamics, and market overview, is covered in the report. The report also features qualitative and quantitative assessments by analyzing the data gathered from industry analysts and market participants across key points in the industry's value chain. The Chinese laminate flooring market is segmented by product type (high-density fiberboard laminated flooring and medium-density fiberboard laminated flooring), end user (residential and commercial), and distribution channel (offline stores and online stores).

Product Type
High-density Fiberboard Laminated Flooring
Medium-density Fiberboard Laminated Flooring
End User Type
Residential
Commercial
Distribution Channel
Manufacturer Owned Stores
Specialty Stores
Online Stores
Other Distribution Channels
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China Laminate Flooring Market Size Summary

The China laminate flooring market is experiencing growth driven by an improved standard of living and a desire for elegant home solutions. Despite challenges posed by the COVID-19 pandemic, which disrupted supply chains and halted production, the market is rebounding due to the increasing demand for cost-effective and easy-to-install flooring options. Laminate flooring's ability to mimic the appearance of wood, stone, and tile while offering durability and resistance to scratches and moisture makes it a popular choice among consumers. The rapid expansion of the construction industry, fueled by urbanization and industrialization, further propels the demand for laminate flooring, as it is increasingly used in residential and public building projects across China.

The retail landscape for laminate flooring in China is characterized by a fragmented market, with manufacturer-owned stores and home product malls being the primary channels for sales. Despite the lack of centralized buying groups or home centers promoting laminate flooring, the market is dominated by a few major players, while mid-size and smaller companies are gaining traction through technological advancements and product innovations. The market's growth is supported by the ongoing revival of educational and public buildings, as well as rising environmental concerns that encourage the use of sustainable materials. As the market continues to evolve, laminate flooring is expected to maintain its significant share in the flooring industry, driven by its aesthetic appeal and practical benefits.

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China Laminate Flooring Market Size - Table of Contents

  1. 1. MARKET INSIGHTS AND DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Value Chain/Supply Chain Analysis

    5. 1.5 Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 Product Type

      1. 2.1.1 High-density Fiberboard Laminated Flooring

      2. 2.1.2 Medium-density Fiberboard Laminated Flooring

    2. 2.2 End User Type

      1. 2.2.1 Residential

      2. 2.2.2 Commercial

    3. 2.3 Distribution Channel

      1. 2.3.1 Manufacturer Owned Stores

      2. 2.3.2 Specialty Stores

      3. 2.3.3 Online Stores

      4. 2.3.4 Other Distribution Channels

China Laminate Flooring Market Size FAQs

The China Laminate Flooring Market is projected to register a CAGR of less than 7% during the forecast period (2024-2029)

Shanghai 3C Industrial Co., Ltd, Changzhou Dongjia Decorative Materials Co., Ltd, Changzhou Richwood Decorative Material Co., Ltd, Tjinan Luckyforest Decoration Material Co.,Ltd. and Risingsun new materials co. ltd. are the major companies operating in the China Laminate Flooring Market.

China Laminate Flooring Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)