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According to the latest industry report, driven by demand for residential renovations and commercial flooring upgrades, the global market for SPC (Stone Plastic Composite) flooring is projected to reach $12.2 billion in 2025, with a compound annual growth rate exceeding 9%. Notably, the United States and Canada account for over 45% of the market share, while emerging markets—such as Southeast Asia and the Middle East—are demonstrating significant growth rates. The report highlights that water resistance, zero formaldehyde content, and ease of installation are the core drivers propelling SPC flooring to displace traditional ceramic tiles and solid wood flooring.