SPC (Stone Plastic Composite) flooring has been witnessing a remarkable rise in its application scenarios, which are increasingly in tune with modern - day requirements. Whether it's for creating luxurious residential interiors, contemporary commercial spaces, or functional public areas, SPC flooring stands out as a prime choice.
According to a 2025 report, the market for SPC, WPC (Wood Plastic Composite), LVT (Luxury Vinyl Tile) flooring, and decorative panels in China amounted to 5.2 billion yuan in 2024. The global market, on the other hand, reached a substantial 104.199 billion yuan. Projections indicate that the global market is set to soar to 163.813 billion yuan by 2030, boasting an annual compound growth rate of 7.83% during the forecast period.
This impressive growth trajectory underscores the growing popularity, versatility, and market potential of SPC products. As consumers worldwide prioritize durable, aesthetically - pleasing, easy - to - install, and cost - effective flooring solutions, SPC flooring is ideally positioned to fulfill these needs and take the lead in the global flooring and decorative panel market.
