Stone Plastic Composite SPC Flooring Market Insights Video
According to Cognitive Market Research, the global Stone Plastic Composite (SPC) Flooring market size is USD 3281.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 17.20% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 1312.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 984.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 754.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.2% from 2024 to 2031.
Latin America holds the market of more than 5% of the global revenue with a market size of USD 164.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.6% from 2024 to 2031.
Middle East and Africa held the market of around 2% of the global revenue with a market size of USD 65.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.9% from 2024 to 2031.
The Professional Installation held the highest Stone Plastic Composite (SPC) Flooring market revenue share in 2024.