Latest statistics for Chinese wood flooring industry
10 May 2016According to statistics from China National Forest Products Industry Association, China's flooring production volume was 384.2 million m2 in 2015, a drop of 2.2% from 2014.
Laminated flooring has the largest market share in total flooring production volumes, representing 55% of total flooring production and sales volumes.
Even though the rate of housing starts in China is slower, there will still be a large market potential for flooring products given the growth in the renovation market.
Now China has around 2,300 of wood flooring producing companies, including 800 solid wood flooring manufacturers, 900 of laminated flooring manufacturers, 500 of engineered flooring manufacturers, and 150 of bamboo flooring manufacturers.
However, of all production manufacturers, 90% are small sized companies.
