Market movement
In 2024, wood: assembled flooring panels, not of bamboo or with at least the top layer (wear layer) of bamboo, multilayer trade exhibited strong growth, with global flows reaching $2,204,838,091 and a three-year compound annual growth rate of -4.2% (five-year: +3.1%). The all-time peak of $2,822,704,902 was recorded in 2022; the current level is 22% below that high-water mark.
Over the 30-year observation window (1995–2024), 76% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-5.1% acceleration).
