Wood Flooring Industry Report, 2012 - 2013

Compared to 2011, China's flooring market boom showed decline in 2012, mainly affected by the rising costs of labor , store rentals, etc., regulatory policies on downstream real estate sector, and otherwise. In 2012, China's wood flooring market reached sales volume of 377 million square meters, a YoY fall of 5%.  Relative to the market downturn, China's wood flooring production capacity driven by investment saw excessive growth. In 2012, China's flooring output amounted to 679 million square meters, a year-on-year increase of approximately 8%, and the problem of periodic overcapacity already emerged.   In 2012, there were more than 2,300 wood flooring manufacturers in China, primarily located in Zhejiang, Jiangsu, Shanghai, Guangdong, Yunnan, Beijing, northeast and other places.  Judging from the market segments, laminate wood flooring still held the first position in sales volume, yet accompanied by a decreasing market share. Falling

Original Post China Wood Flooring Industry Report, 2012 - 2013