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Wood Plastic Composite Floorings Global Market is Expected to Reach $3.14 Billion at a CAGR of 6.98% By 2027 | Mannington Mills Inc., Armstrong Flooring Inc., Spectra Contract Flooring, Cali Bamboo LLC, Dalton Carpet One
Wood Plastic Composite Floorings Market
The Business Research Company's Wood Plastic Composite Floorings Global Market Report 2023 identifies the growing construction industry is expected to propel the growth of the wood-plastic composite flooring market going forward. Construction refers to constructing structures like homes, factories, highways, and bridges.
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%.
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Major players in the wood plastic composite floorings market are Shenzhen GEM HI-TECH Co., Trex Company Inc., LL Flooring Holdings, Mannington Mills Inc., Armstrong Flooring Inc., Spectra Contract Flooring, Cali Bamboo LLC, Dalton Carpet One, 50 Floor, US Floors LLC, MP Global Products LLC, TimberTech, Spartan Surfaces, C-K Composites Co. LLC, ARCAT Inc., Homecrest Outdoor Living, Republic Floor LLC, Parterre Flooring and Surface Systems LLC, Parterre Flooring Systems, Anhui Sentai WPC Group, Shaw Contract Flooring Services Inc., Floor & Decor Holdings Inc., NewTechWood America Inc., Slaughterbeck Floors Inc., and Deckorators Inc.
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.
Read More On The Global Wood Plastic Composite Floorings Market Report Here:
https://www.thebusinessresearchcompany.com/report/wood-plastic-composite-floorings-global-market-report
The Wood Plastic Composite Floorings Market Is Segmented -
• By Type: Polyethylene, Polyvinylchloride, Polypropylene, Other Types
• By Thickness: 4 MM, 5 MM, 5.5 MM, 6.5 MM, Above 8 MM
• By Application: Commercial Buildings, Residential Buildings, Retail Outlets, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wood Plastic Composite Floorings market.
The Business Research Company's "Global Wood Plastic Composite Floorings Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Wood Plastic Composite Floorings Market Include:
1. Executive Summary
2. Wood Plastic Composite Floorings Market Characteristics
3. Wood Plastic Composite Floorings Market Trends And Strategies
4. Wood Plastic Composite Floorings Market - Macro Economic Scenario
5. Wood Plastic Composite Floorings Market Size And Growth
.....
26. Africa Wood Plastic Composite Floorings Market
27. Wood Plastic Composite Floorings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wood Plastic Composite Floorings Market
29. Wood Plastic Composite Floorings Market Future Outlook and Potential Analysis
30. Appendix
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