U.S. PVC flooring industry
As one of the main consumers of PVC flooring, the United States introduced PVC flooring in the 1930s and began industrial production. The initial products of the industry were mainly used in commercial buildings. Since then, with the improvement of PVC floor technology, the upgrading of structure, and the increase of types, it has the advantages of environmental protection, recyclability, wear resistance, moisture resistance, non-slip, fire and flame retardant, and has gradually been recognized by consumers.
With its good environmental protection, stability, and abrasion resistance, PVC flooring occupies a certain proportion of the market share in the American floor decoration material market. In 2018, the market share of PVC flooring in the U.S. floor decoration materials increased from 9.80% in 2007 to 21.40%, and it has become the second largest floor decoration material in the United States. It is expected that in the future, as consumers' awareness of environmental protection continues to increase, the substitution effect of PVC flooring on traditional floor decoration materials will gradually appear.
The application field of PVC flooring has gradually extended from commercial buildings to residential areas, and market demand has achieved rapid growth. In recent years, the U.S. PVC flooring market has grown rapidly, with market sales increasing from US$895 million in 2013 to US$3.430 billion in 2018, with a compound growth rate of 30.83%.
In terms of product supply, after years of development, the US PVC flooring market has formed a number of large-scale floor material brands and building materials retailers such as ENGINEERED FLOORS, HOME DEPOT, FLOOR & DECOR, and occupy a leading position in the industry. With the continuous increase of labor costs in the United States, most companies in the United States no longer maintain the entire industry chain model, and put more energy into brand management, and solve the production process through production outsourcing and other methods. In recent years, the import volume of PVC flooring in the United States has increased year by year, reaching US$ 3.266 billion in 2018. With the continuous improvement of suppliers' technical level and R&D capabilities, enterprises in the industry have gradually evolved from only outsourcing production links to centralized procurement of finished products.