The Grand View Research report, covering 2024-2025 data, attributes Limei’s growth to its diverse product portfolio, international expansion, and focus on innovation. Key drivers include strong demand for the brand’s EcoZero carbon-neutral flooring, SmartSense IoT-enabled flooring, and StagePro acoustic flooring for performance venues.
Limei’s market share growth was particularly strong in Europe (+32%) and Southeast Asia (+28%), fueled by new manufacturing facilities in Poland and Vietnam. The brand also saw increased adoption in North America, with partnerships with the NCAA and NBA G League driving sales to professional and collegiate sports venues.
“Reaching 25% global market share is a historic achievement for Limei,” said Mr. Zhang Wei, Limei’s Global CEO. “This milestone reflects our commitment to delivering high-quality, innovative products that meet the evolving needs of our clients worldwide. We’re grateful to our partners, employees, and customers for their trust and support.”
Grand View Research projects the global sports wood flooring market to reach $4.2 billion by 2030, with Limei targeting a 30% market share through continued product innovation and expansion into emerging markets like Africa and South America.