Vinyl flooring refers to the flooring produced with PVC materials. Specifically, it is produced by taking polyvinyl chloride and its copolymer resin as the main raw material, adding fillers, plasticizers, stabilizers, colorants and other auxiliary materials on sheet continuous substrate through coating process or calendering, extrusion or extrusion process
Also known as “light floor material”, it is a very popular new type of light floor decoration material in the world and widely used, such as houses, hospitals, schools, office buildings, factories, public places, supermarkets, businesses, etc.
Other name: PVC flooring, homogeneous & heterogeneous vinyl flooring.
In this article, we will talk about Year 2023 China Vinyl Flooring Market and Development Trend Analysis
It’s an in-depth article that takes 25 minutes to read.
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There are 5 ways to define different types of vinyl flooring
In terms of structure: homogeneous vinyl flooring and heterogeneous vinyl flooring.
In terms of installation: glue down, click and loose lay.
In terms of materials: Vinyl sheet,CVT, LVT, WPC and SPC
In terms of size: vinyl sheet, vinyl tile and vinyl plank.
In terms of application: commercial, residential and sport vinyl flooring
That’s why vinyl flooring is the choice for more and more projects.
Vinyl flooring is made of PVC as the main material, adding fillers, plasticizers, stabilizers, colorants and other auxiliary materials. Because it is made of plastic, the cost of vinyl flooring is relatively low, durable and not easy to wear. Therefore, it is widely used in factories, schools, hospitals, shopping malls, entertainment places and other public places, and shows an increasing trend year by year.
Polyvinyl chloride (hereinafter referred to as PVC) is a non-toxic and odorless white powder. According to the latest data released by the National Bureau of statistics, the domestic PVC resin output was 1.914 million tons in December 2021, and the cumulative output in 2020 was 20.74 million tons, an increase of 3.3% compared with the same period of last year.
PVC resin supply and demand in China from 2014 to 2020 (By 10000 tons)
Plastic additives, also known as plastic additives, are compounds that must be added to improve the processing performance of synthetic resin or to improve the insufficient performance of resin itself. According to the functions and functions of plastic additives, they mainly include plasticizers, heat stabilizers, processing additives, etc. in recent years, enterprises in the industry have increased production capacity investment, and the production capacity of China’s plastic additives industry is increasing. In 2020, the output of plastic additives industry will be 9.86 million tons, and the demand will reach 6.763 million tons.
Supply and demand of China’s plastic additives industry from 2014 to 2020 (By 10000 tons)
The analysis report on the market operation pattern and investment prospect of China’s vinyl flooring industry from 2021 to 2027 released by Zhiyan consulting shows that the consumption of xinyl flooring in China is close to 400 million square meters in 2020. The steady growth of domestic demand and export market has driven the rapid development of domestic vinyl flooring industry and formed four industrial bases in Beijing, Zhangjiagang, Shanghai and Guangzhou. According to incomplete statistics, the production capacity of China’s vinyl flooring industry increased from 265 million square meters in 2012 to 1.195 billion square meters in 2020.
Capacity trend of China’s vinyl flooring industry from 2012 to 2020 (By 100 million m²)
With the 2008 Olympic Games and the recognition of vinyl flooring in the whole market, China’s vinyl flooring industry has entered a period of rapid development. In 2010, China’s vinyl floor production was 166 million square meters. In 2020, China’s vinyl floor production increased to 1.025 billion square meters. Since 2010, the compound growth rate of China’s PVC floor production has been 19.97%.
Trend of PVC floor production in China from 2010 to 2020 (By 100 million m²)
China’s PVC plastic flooring enterprises are mainly based on production, and their products are mainly exported. Over the years, the domestic vinyl flooring production industry has made great progress in the production technology of vinyl sheet and vinyl composite coil through the introduction of equipment and technology, absorption, digestion, R & D and innovation, so as to produce high-quality vinyl flooring comparable to imported products. In 2020, the total import volume of vinyl flooring in China will be about 2 million square meters, the total export volume will be 629 million square meters, and the consumption volume of vinyl flooring in China will be 398 million square meters.
Statistical chart of supply and demand balance of PVC flooring in China from 2010 to 2020 (By 100 million m²)
It is really fast growing of China vinyl flooring market, included export, domestic consumption and total production. According to the Chinese Vinyl Flooring Factory Association Report, the vinyl flooring grows more than 10% each year for the last 20 years. And it is forecast that the vinyl flooring market will keep growing for the next 10 years by at least 8% each year.
LVT is the one with very fast growing, homogeneous vinyl sheet flooring, heterogeneous vinyl sheet flooring, and ESD sheet vinyl flooring are also enjoy fast growing too.
China Vinyl Flooring Market in 2022 ( Supply and Demand from Factory’s Sales Report
With the increasing market demand and export of PVC flooring in China, the scale of production and marketing is expanding rapidly, and the scale benefit is more significant, which promotes the gradual decline of the production cost of the industry. PVC flooring products have relatively few types, high product homogeneity, relatively small price difference, and the overall market price of the industry is stable, showing an obvious downward trend.
Average price trend of China’s PVC flooring market from 2014 to 2020 (By RMB, USD 100 = RMB637 ( Dec.22, 2021))
With the development of science and technology and the improvement of the requirements for home and living environment, the product quality and performance of PVC plastic floor will also usher in a more rapid development, with broad market and application prospects. In 2020, the scale of China’s PVC flooring market was 22.79 billion yuan, and the compound growth rate of scale since 2010 was 15.68%.
In recent years, vinyl flooring represented by sheet sheet, LVT, SPC and WPC has become a building decoration material with an increasingly wide range of applications because of its light weight, wear resistance and flame retardant. The production and sales volume has shown explosive growth. In the future, domestic demand and export will become a strong engine for the development of domestic PVC flooring. The broad market and rapidly growing demand attract more and more enterprises to enter this field, and the PVC flooring industry is ushering in the opportunity of rapid development.
Installation technology requirements are higher and higher
The unlimited requirements for the safety of decorative materials and the insatiable pursuit of decorative effects will greatly change the simple installation process of existing vinyl flooring. In order to better show the colorful decorative effect of vinyl flooring, the requirements for the technical level of installation companies and installation personnel will be higher and higher, which will promote the more mature construction technology and the more standardized industry.
The industrial division of labor is becoming more and more detailed
With the more and more extensive use of vinyl flooring, a relatively standardized sales and installation system has been slowly established, with detailed division of labor. Suppliers are very familiar with materials and performance. They are the best construction organizers, and have become one of the most remarkable characteristics of this industry.
Resource integration promoted large-scale production and strengthened industrial concentration
The number of output enterprises of vinyl flooring is large, and the production technology level of each enterprise is different, resulting in different quality of floor products and poor large-scale production capacity. With the improvement of environmental protection index requirements and the diversity and personalized development of consumers’ needs, enterprises with scale effect, advanced technology and strong capital will occupy greater competitive advantages, and finally form large-scale enterprises with brand effect to realize resource integration.
Technology driven R & D and continuous technological innovation
In order to meet the more stringent requirements of environmental indicators and consumer needs, the vinyl flooring industry needs to carry out product development and design closer to the market in order to improve the core competitiveness of products.
Vinyl sheet flooring is becoming more and more popular for commercial application
With all those advantages, vinyl sheet is becoming the best choices for commercial application. You will see more and more places below will choose sheet vinyl flooring:
shopping mall
hospital
office
factory
public center
super market
airport
traffic station
school
library
museum
This article is written by Longda Flooring (www.longdaflooring.com), a leading vinyl sheet flooring manufacturer from China.
Please contact Longda flooring for a free quote on your vinyl flooring needs. We have quick response, efficient communication, quality products, on time delivery, and competitive price.
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