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Wood Plastic Composite Flooring Market Share

Report ID: GMI5825
Published Date: Apr 2024
Report Format: PDF

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Wood Plastic Composite Flooring Market Share

Global Wood Plastic Composite Flooring Company Market Share Analysis, 2023

The key players operating in the market are Trex Company, Inc., Beologic, FKuR, PolyPlank AB, Jelu-Werk Josef Ehrler GmbH & Co. KG all together comprises a market share of 15 - 20% in 2023. The market is highly fragmented as it has a large number of companies competing for market share, with no single player dominating the landscape. The market is highly competitive, especially in China. It's a dynamic market with a mix of established players and new entrants, but with a tendency for some larger companies to hold a strong position.

Wood Plastic Composite Flooring Market Companies

Major players operating in the wood plastic composite flooring industry include:

Advanced Environmental Recycling Technologies, Inc. (AERT)
Armstrong Flooring (Afi Licensing LLC)
Axion Structural Innovations LLC
Beologic N.V.
CertainTeed Corporation
Fiberon, LLC
FKur Kunststoff GmbH
Jelu-Werk Josef Ehrler GmbH & Co. KG
LVM Holding LLC (Shaw Floors)
Mannington Mills
PolyPlank AB
Renolit
TAMKO Building Products, Inc.
TimberTech
Trex Company, Inc.
Universal Forest Product
Wpc – Woodplastic A. S.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of wood plastic composite flooring was reached USD 2.25 billion in 2023 and is anticipated to register 7.1% CAGR between 2024 and 2032, owing to the increasing demand for eco-friendly flooring.

The polyethylene segment in the wood plastic composite flooring industry generated USD 980 million and is expected to reach USD 1.73 billion by 2032, favored by the affordability, rigidity, ample raw material supply, and biodegradability.

North America wood plastic composite flooring market is expected to reach USD 1.16 billion by 2032, attributed to increasing building and construction activities in the U.S. and Mexico.

Advanced Environmental Recycling Technologies, Inc. (AERT), Armstrong Flooring (Afi Licensing LLC), Axion Structural Innovations LLC, Beologic N.V., CertainTeed Corporation, Fiberon, LLC, FKur Kunststoff GmbH, and Jelu-Werk Josef Ehrler GmbH & Co. KG, among others.