There is a huge market potential hidden in China's wood flooring. The development of China's real estate industry continues to heat up, and the future development of the national economy will drive strong demand for flooring. In addition, stimulated by a series of national policies such as the construction plan of affordable housing and the construction of building materials to the countryside, the demand for my country's domestic wood flooring market will surge in the future.
Wood flooring is a good choice for home furnishing and shop decoration. At present, the average penetration rate of residential wood flooring in large cities in China is about 25%, and that of residential buildings in medium-sized cities is about 10%. my country's national income and overall consumption levels are steadily increasing. The market development space is very broad.
It is estimated that by 2021, the sales revenue of my country's wood flooring industry will be close to 130 billion yuan. Laminate flooring has more prominent advantages in price, and the market demand will further increase.