In 2018, LVT and its sub-categories accounted for 42.3% of the total number of residential buildings and 67.6% of the residential income.

Analysts do not expect these figures to decline in 2019 and will continue to reflect the strong growth status of this category.

In 2018, total sales of resilient flooring increased 19.7% from $2.924 billion in 2017 to $3.499 billion, almost four times the growth of the industry as a whole. In addition, the sales volume of elastic floor has accounted for 16.5% of the total sales volume of the whole floor industry, which is the highest of all hard materials.

Industry experts predict that sales of elastic flooring will continue to grow in 2017, especially today's waterproof products are becoming more and more popular with consumers. Industry experts also said that WPC, SPC will achieve rapid growth, while other types of flooring will continue to lose the overall market share.

Especially the reinforced floor, because it can not solve the problem of water and noise well, with the emergence of WPC, SPC products, will be more impacted.

In this environment of all kinds of good news, experts predict that the growth of LVT will continue until 2019. WPC and SPC will have greater market prospects.

It is expected that these two types of flooring will continue to develop positively in the next two years.