Investment Rating - The report does not explicitly state an investment rating for the flooring industry Core Insights - The flooring market in China has shown a declining trend in market size from 2022 to 2024, with a projected decrease from 2,084.84 billion RMB in 2022 to 1,424.97 billion RMB in 2024E, reflecting a significant drop of approximately 31.6% over this period [31] - The report highlights that the sales area for various types of flooring, including reinforced wood flooring, solid composite flooring, and bamboo flooring, is expected to decline in the coming years, indicating a challenging market environment [34][41][45] Market Size Overview - The flooring market size in billion RMB from 2019 to 2028E is as follows: - 2019: 2,213.09 - 2020: 2,279.44 - 2021: 2,331.13 - 2022: 2,084.84 - 2023: 1,664 - 2024E: 1,424.97 - 2026E: 1,290.35 - 2027E: 1,224.31 - 2028E: 1,239.77 - The growth rates show a significant decline, particularly in 2023 with a -20.19% change [31] Sales Area and Price Trends - Reinforced wood flooring sales area is projected to decrease from 21,620 thousand square meters in 2019 to 13,206 thousand square meters in 2024E, with a growth rate of -7.00% expected in 2024 [34] - The price of reinforced flooring remains stable at 130 RMB per square meter from 2019 to 2028E, indicating no expected price growth [35] - Solid composite flooring sales area is expected to decline from 12,700 thousand square meters in 2019 to 11,520 thousand square meters in 2024E, with a projected growth rate of -4% [37] - Bamboo flooring sales area is projected to decrease from 3,020 thousand square meters in 2019 to 2,225 thousand square meters in 2024E, with a growth rate of -11% [45] Sales Revenue Insights - The sales revenue for wood-plastic flooring is expected to decrease from 140 million RMB in 2019 to 133.86 million RMB in 2024E, reflecting a decline in market demand [32] - The sales revenue for stone crystal flooring is projected to drop significantly from 1,188 million RMB in 2019 to 620.16 million RMB in 2024E, indicating a market contraction of approximately 47.8% [32][56] Conclusion - The report indicates a challenging outlook for the flooring industry in China, with declining sales areas and revenues across various flooring types, alongside stable pricing trends. The overall market size is expected to continue its downward trajectory in the near term [31][34][37][45][56]
中国地板行业市场规模测算逻辑模型 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2024-11-18 14:35