The India Stone Plastic Composite (SPC) Flooring Market was valued at USD 245 million in 2024 and is projected to reach USD 431.7 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.9% during the forecast period (2024–2030). This impressive growth stems from India’s booming construction sector and increasing consumer preference for durable, waterproof, and low-maintenance flooring alternatives to traditional materials.

As India’s infrastructure development accelerates and urbanization continues at a rapid pace, SPC flooring has emerged as the preferred choice for both residential and commercial applications. In this comprehensive analysis, we examine the Top 10 Companies Dominating India’s SPC Flooring Market—the innovators and industry leaders setting new standards in flooring technology and design.

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🔟 1. Welspun Group

Headquarters: Mumbai, Maharashtra
Key Offering: Welspun Floors SPC Range

Welspun Group stands as a market leader with its diversified manufacturing capabilities and extensive distribution network across India. The company’s SPC flooring solutions combine aesthetic appeal with exceptional durability and water resistance.

Market Leadership Factors:

• Pioneer in developing India’s first patented click-lock SPC flooring system
• Manufacturing plants with annual capacity exceeding 15 million square meters
• Strategic partnerships with major real estate developers and construction firms

Download FREE Sample Report: India Stone Plastic Composite (SPC) Flooring Market – View in Detailed Research Report

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9️⃣ 2. Responsive Industries Ltd

Headquarters: Mumbai, Maharashtra
Key Offering: Marvel SPC Flooring Solutions

As one of India’s largest manufacturers of PVC and SPC flooring, Responsive Industries combines decades of experience with cutting-edge manufacturing technology to produce premium flooring products designed for the Indian market.

Market Leadership Factors:

• Vertically integrated manufacturing from raw materials to finished products
• Specialized products for high-traffic commercial applications
• R&D center focused on developing fire-retardant and antimicrobial flooring

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8️⃣ 3. Ego Flooring

Headquarters: Mumbai, Maharashtra
Key Offering: EcoVue SPC Flooring Series

Ego Flooring has carved a niche in the sustainable flooring segment with its EcoVue line, which combines environmental responsibility with high performance, appealing to eco-conscious consumers and green building projects.

Market Leadership Factors:

• Manufacturing processes that reduce carbon footprint by 30% compared to industry standards
• First Indian company to receive FloorScore certification for indoor air quality
• Strong presence in institutional and healthcare flooring segments

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7️⃣ 4. Wonderfloor

Headquarters: Hyderabad, Telangana
Key Offering: Wondertek SPC Tiles

Wonderfloor has rapidly expanded across South India by offering innovative SPC solutions specifically designed for India’s tropical climate and diverse architectural styles.

Market Leadership Factors:

• Patented thermal resistance technology for better performance in high temperatures
• Extensive dealer network covering tier 2 and tier 3 cities
• Quick-installation systems preferred by contractors

Download FREE Sample Report: India Stone Plastic Composite (SPC) Flooring Market – View in Detailed Research Report

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6️⃣ 5. Marvel Vinyls

Headquarters: Noida, Uttar Pradesh
Key Offering: Marvel StoneCore SPC Flooring

Marvel Vinyls dominates North India’s SPC flooring market with products engineered to withstand the region’s extreme temperature variations while offering superior design versatility.

Market Leadership Factors:

• Industry-leading 15-year residential warranty program
• Proprietary stone composite formulation for enhanced durability
• Strong relationships with architectural firms and interior designers

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5️⃣ 6. Eurotex Wood

Headquarters: Vadodara, Gujarat
Key Offering: EuroSPC Premium Flooring

Originally a wood flooring specialist, Eurotex Wood successfully transitioned to become a significant SPC flooring manufacturer, leveraging its expertise in surface finishes and textures.

Market Leadership Factors:

• Advanced digital printing technology for hyper-realistic wood and stone appearances
• Strong export business to Middle Eastern and African markets
• Innovative scratch-resistant surface treatments

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4️⃣ 7. Finmark Flooring

Headquarters: Gurugram, Haryana
Key Offering: FinMark SPC Floor Tiles

Finmark specializes in premium commercial-grade SPC solutions, particularly suited for corporate offices, retail spaces, and hospitality projects across North and West India.

Market Leadership Factors:

• Commercial-specific product testing exceeding industry standards
• Custom design services for large-scale projects
• Proprietary sound-dampening technology

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3️⃣ 8. Green Floormax

Headquarters: Bengaluru, Karnataka
Key Offering: GreenMax SPC Flooring

Green Floormax has established itself as the preferred SPC flooring provider for South India’s tropical climate, with products specifically engineered to resist moisture and humidity-related issues.

Market Leadership Factors:

• Market leader in coastal region applications
• Quick-turnaround manufacturing for renovation projects
• Strong B2C e-commerce platform

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2️⃣ 9. Notion Luxury Flooring Concepts

Headquarters: Delhi NCR
Key Offering: Notion SPC Luxury Floors

Notion focuses exclusively on the premium segment, offering designer SPC flooring that combines high-end aesthetics with the functional benefits of rigid core technology.

Market Leadership Factors:

• Collaborations with international designers for exclusive collections
• Bespoke customization services
• Preferred supplier for luxury residential and boutique commercial projects

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1️⃣ 10. Xylos Arteriors India Pvt. Ltd

Headquarters: Mumbai, Maharashtra
Key Offering: Xylos ArteSPC Flooring

Xylos Arteriors stands out with its architecturally inspired SPC solutions, working closely with design professionals to create flooring that meets both aesthetic visions and performance requirements.

Market Leadership Factors:

• Innovative wide-plank and large-format options
• Technical support for architectural specifications
• Advanced digital visualization tools for designers

Get Full Report Here: India Stone Plastic Composite (SPC) Flooring Market – View in Detailed Research Report

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🏗️ Outlook: The Future of SPC Flooring in India Is Innovation-Driven

The Indian SPC flooring market is evolving rapidly, driven by technological advancements, changing consumer preferences, and the construction industry’s growing emphasis on sustainable, high-performance building materials.

📈 Key Market-Shaping Trends:

• Development of hybrid flooring solutions combining SPC with other advanced materials
• Increasing adoption of SPC in affordable housing projects through government initiatives
• Expansion of distribution networks into smaller cities and rural markets
• Growing demand for customized and designer SPC flooring options

Get Full Report Here: India Stone Plastic Composite (SPC) Flooring Market – View in Detailed Research Report

These market leaders are not just responding to current demand—they’re actively shaping the future of India’s flooring industry through continuous innovation, quality improvements, and strategic market expansion.