The Wood Plastic Composite Floorings Global Market Report 2023, provides comprehensive information on the wood plastic composite floorings market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Wood Plastic Composite Floorings Market’s Growth:
As per The Business Research Company’s Wood Plastic Composite Floorings Global Market Report 2023, the global wood plastic composite floorings market is expected to grow from $2.25 billion in 2022 to $2.40 billion in 2023 at a compound annual growth rate (CAGR) of 6.64%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The wood plastic composite floorings market is expected to reach $3.14 billion in 2027 at a CAGR of 6.98%.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=12661&type=smp
Product innovations are a key trend gaining popularity in the wood plastic composite floorings market. Major companies operating in the wood plastic composite floorings market are adopting innovative products to sustain their position in the market. For instance, in September 2021, Cali Bamboo LLC, a US-based omnichannel flooring and building products company, launched Legends, a new thicker vinyl plank. The latest flooring line offers installers and homeowners a plank that is as real-looking as it is comfortable. Legends stand out due to its robust WPC core and complete half-inch thickness. Legends are 100% waterproof and click-locks for simple installation in any space without glue or nails. With a 20-mil pet-friendly wear layer, cleaning is simple, and scratch resistance is improved. Additionally, certified by FloorScore (indoor air quality (IAQ) certification standard) and supported by a 50-year home guarantee, planks.
The wood plastic composite floorings market is segmented:
1) By Type: Polyethylene, Polyvinylchloride, Polypropylene, Other Types
2) By Thickness: 4 MM, 5 MM, 5.5 MM, 6.5 MM, Above 8 MM
3) By Application: Commercial Buildings, Residential Buildings, Retail Outlets, Other Applications
North America was the largest region in the wood plastic composite floorings market in 2022.
The table of contents in TBRC’s wood plastic composite floorings market report includes:
- Executive Summary
- Wood Plastic Composite Floorings Market Characteristics
- Wood Plastic Composite Floorings Market Trends And Strategies
- Wood Plastic Composite Floorings Market – Macro Economic Scenario
- Global Wood Plastic Composite Floorings Market Size and Growth
.
.
.
- Global Wood Plastic Composite Floorings Market Competitive Benchmarking
- Global Wood Plastic Composite Floorings Market Competitive Dashboard
- Key Mergers And Acquisitions In The Wood Plastic Composite Floorings Market
- Wood Plastic Composite Floorings Market Future Outlook and Potential Analysis
- Appendix
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
