China Luxury Vinyl Tile (LVT) Market Market’s Growth Blueprint

China Luxury Vinyl Tile (LVT) Market by Product Type (Rigid, Flexible), by End-User Type (Residential, Commercial), by Distribution Channel (Manufacturer Owned Stores, Speciality Stores, Online Stores, Other Distribution Channels), by China Forecast 2025-2033

Jul 5 2025
Base Year: 2024

197 Pages
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China Luxury Vinyl Tile (LVT) Market Market’s Growth Blueprint


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Key Insights

The China luxury vinyl tile (LVT) market exhibits robust growth potential, projected to reach a market size of $2.07 billion in 2025, expanding at a compound annual growth rate (CAGR) of 6.23%. This expansion is fueled by several key drivers. Firstly, increasing urbanization and rising disposable incomes are boosting demand for aesthetically pleasing and durable flooring solutions in both residential and commercial sectors. Secondly, LVT's inherent advantages—water resistance, ease of maintenance, and design versatility—are making it a preferred choice over traditional flooring materials. Furthermore, the market is witnessing innovative product developments, such as wider plank sizes and improved texture replicating natural materials like wood and stone, further enhancing its appeal. The market is segmented by product type (rigid and flexible), end-user type (residential and commercial), and distribution channels (manufacturer-owned stores, specialty stores, and online stores). Leading players, including Chiping Xinlida, Protex Flooring, and Zhejiang Kingdom Plastics, are strategically focusing on expanding their product portfolios and distribution networks to capitalize on market opportunities. While the current focus is predominantly on the China market, expansion into other Asian markets is a likely future trend driven by similar factors. The competitive landscape is dynamic, with both domestic and international players vying for market share through product innovation, pricing strategies, and branding initiatives. Growth constraints could include fluctuating raw material prices and potential economic slowdown, however, the long-term outlook remains positive given the sustained demand for premium flooring solutions.

The forecast period (2025-2033) anticipates continued growth, driven by sustained urbanization, rising consumer spending, and ongoing product innovations within the LVT sector in China. The segmentation provides opportunities for specialized marketing approaches, targeting specific needs in residential and commercial projects. The prominence of online stores suggests a growing reliance on e-commerce channels for distribution, indicating that companies must optimize their digital presence to remain competitive. Moreover, future success will hinge on companies' ability to adapt to evolving consumer preferences, particularly regarding design aesthetics and sustainability concerns. Understanding these trends is vital for both established players and potential new entrants seeking a foothold in this dynamic market.

China Luxury Vinyl Tile (LVT) Market Research Report - Market Size, Growth & Forecast

China Luxury Vinyl Tile (LVT) Market: A Comprehensive Report (2019-2033)

This in-depth report provides a comprehensive analysis of the China Luxury Vinyl Tile (LVT) market, offering invaluable insights for industry professionals, investors, and strategists. Covering the period 2019-2033, with a focus on 2025, this report delves into market dynamics, key players, and future trends, enabling informed decision-making. The report forecasts a market value exceeding xx Million by 2033, driven by key factors detailed within.

China Luxury Vinyl Tile (LVT) Market Structure & Innovation Trends

This section analyzes the competitive landscape of the China LVT market, examining market concentration, innovation drivers, and regulatory influences. The market is characterized by a mix of large established players and smaller, more specialized companies. While precise market share figures are proprietary to the full report, we can say the market is moderately concentrated, with key players such as Chiping Xinlida New Decoration Materials Co Ltd, Protex Flooring, Zhejiang Kingdom Plastics Industry Co Ltd, and Jiangsu Taide Decoration Materials Co Ltd holding significant shares.

  • Market Concentration: Moderately concentrated, with top players holding a significant portion of market share. The exact figures are detailed in the full report.
  • Innovation Drivers: Growing consumer demand for durable, stylish, and water-resistant flooring fuels innovation in materials, designs, and installation methods. Technological advancements in manufacturing processes also contribute significantly.
  • Regulatory Framework: Government regulations concerning environmental standards and building codes influence product design and manufacturing processes. The impact of these regulations is analyzed in detail within the full report.
  • Product Substitutes: LVT competes with other flooring options like ceramic tiles, hardwood, and laminate flooring. The report analyzes the competitive pressures from these alternatives.
  • End-User Demographics: The report examines the evolving preferences of residential and commercial consumers, highlighting key trends and future expectations.
  • M&A Activities: The report analyzes recent merger and acquisition activities, including deal values and their impact on market consolidation. Examples include the September 2022 Mohawk Group deal with Armstrong Advanced Flooring (China) Co., Ltd, the implications of which are discussed in the full report.
China Luxury Vinyl Tile (LVT) Market Growth

China Luxury Vinyl Tile (LVT) Market Dynamics & Trends

This section explores the dynamic forces shaping the China LVT market, focusing on growth drivers, technological disruptions, consumer preferences, and competitive dynamics. The market exhibits robust growth, with a projected Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). Market penetration is steadily increasing, driven by factors such as rising disposable incomes, urbanization, and the increasing preference for easy-to-maintain flooring options. Several factors contribute to this growth, including increased urbanization leading to higher demand for residential flooring, the growing preference for water-resistant flooring, and the continued development of innovative product designs and technology, allowing for diverse aesthetics and functionality.

China Luxury Vinyl Tile (LVT) Market Growth

Dominant Regions & Segments in China Luxury Vinyl Tile (LVT) Market

This section identifies the leading regions, product types, end-user segments, and distribution channels within the China LVT market. While detailed regional breakdown is presented in the full report, early indications suggest strong growth across major urban centers.

  • Leading Regions: Coastal regions and major metropolitan areas exhibit higher market penetration due to higher construction activity and consumer purchasing power. Detailed regional performance is presented in the full report.
  • Product Type: The report will analyze the market share and growth potential of both Rigid and Flexible LVT. Rigid LVT is anticipated to hold a larger market share owing to superior durability and water resistance. However, flexible LVT is predicted to exhibit faster growth as cost-effective solutions, targeting a broader market segment.
  • End-User Type: The Commercial segment is projected to witness robust growth driven by increasing construction activities in commercial spaces, such as offices, retail spaces, and hospitality environments. Residential LVT also holds a substantial market share, influenced by the increasing adoption of LVT in home renovations.
  • Distribution Channels: Manufacturer-owned stores, specialty stores, and online stores all play a significant role in LVT distribution. The relative importance of each channel is analyzed in the full report. Online sales are expected to grow significantly in the coming years.

China Luxury Vinyl Tile (LVT) Market Product Innovations

The China LVT market showcases continuous product innovation, reflecting the trends towards enhanced durability, aesthetics, and sustainability. Technological advancements are driving the development of more realistic wood and stone visuals, improved click-lock installation systems, and the incorporation of antimicrobial properties. These innovations enhance the overall product appeal and cater to the diverse needs of both residential and commercial users.

Report Scope & Segmentation Analysis

This report segments the China LVT market based on product type (Rigid, Flexible), end-user (Residential, Commercial), and distribution channel (Manufacturer Owned Stores, Specialty Stores, Online Stores, Other Distribution Channels). Each segment is analyzed in detail, including market size, growth projections, and competitive dynamics. Market size projections are provided for each segment, and the competitive landscape within each segment is scrutinized, highlighting key players and their respective market positioning.

Key Drivers of China Luxury Vinyl Tile (LVT) Market Growth

Several factors contribute to the growth of the China LVT market. Firstly, increasing disposable incomes are boosting consumer spending on home improvement and new construction, driving demand. Secondly, government policies promoting sustainable building materials benefit the eco-friendly nature of LVT. Finally, rapid urbanization and the development of new housing projects create a huge potential market for LVT.

Challenges in the China Luxury Vinyl Tile (LVT) Market Sector

The China LVT market faces several challenges. International trade policies, such as the January 2023 recommendation for anti-dumping duties by India's Commerce Ministry (USD 2.05/sq m and USD 1.44/sq m from China and Taiwan, respectively), create significant uncertainty. Moreover, fluctuating raw material prices and intense competition from other flooring types pose challenges to profitability. Supply chain disruptions also contribute to market instability.

Emerging Opportunities in China Luxury Vinyl Tile (LVT) Market

Despite challenges, significant opportunities exist. The increasing demand for eco-friendly and sustainable flooring solutions creates an opportunity for LVT manufacturers to focus on developing products with recycled materials and lower environmental impact. Furthermore, expanding into smaller cities and rural areas presents a substantial growth potential.

Leading Players in the China Luxury Vinyl Tile (LVT) Market Market

  • Chiping Xinlida New Decoration Materials Co Ltd
  • Protex Flooring
  • Zhejiang Kingdom Plastics Industry Co Ltd
  • Jiangsu Taide Decoration Materials Co Ltd
  • Shanghai 3C Industry Co Ltd
  • Xin Flooring
  • Yalong Flooring
  • Hanflor
  • Jiangsu Zhengyoung Flooring Decoration Materials Co Ltd
  • Eco Home
  • Forbo Flooring Systems

Key Developments in China Luxury Vinyl Tile (LVT) Market Industry

  • September 2022: Mohawk Group acquired Armstrong Advanced Flooring (China) Co., Ltd.'s homogeneous sheet vinyl product line, significantly impacting the North American market.
  • January 2023: India's Commerce Ministry recommended anti-dumping duties on vinyl tiles from China and Taiwan, potentially impacting exports.

Future Outlook for China Luxury Vinyl Tile (LVT) Market Market

The China LVT market is poised for continued growth, driven by sustained economic expansion, increased urbanization, and ongoing product innovation. Strategic partnerships, investments in R&D, and expansion into new markets will be crucial for success. The market is expected to witness a significant increase in demand for high-performance, sustainable, and aesthetically appealing LVT products in the coming years.

China Luxury Vinyl Tile (LVT) Market Segmentation

  • 1. Product Type
    • 1.1. Rigid
    • 1.2. Flexible
  • 2. End-User Type
    • 2.1. Residential
    • 2.2. Commercial
  • 3. Distribution Channel
    • 3.1. Manufacturer Owned Stores
    • 3.2. Speciality Stores
    • 3.3. Online Stores
    • 3.4. Other Distribution Channels

China Luxury Vinyl Tile (LVT) Market Segmentation By Geography

  • 1. China
China Luxury Vinyl Tile (LVT) Market Regional Share


China Luxury Vinyl Tile (LVT) Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 6.23% from 2019-2033
Segmentation
    • By Product Type
      • Rigid
      • Flexible
    • By End-User Type
      • Residential
      • Commercial
    • By Distribution Channel
      • Manufacturer Owned Stores
      • Speciality Stores
      • Online Stores
      • Other Distribution Channels
  • By Geography
    • China


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Evolving Home Décor Concepts; Rapid Growth in Residential Buildings to Drive Market
      • 3.3. Market Restrains
        • 3.3.1. High Initial Cost; Limited Distribution Channels
      • 3.4. Market Trends
        • 3.4.1. China Leading In LVT Export To Europe and the Americas
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. China Luxury Vinyl Tile (LVT) Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Product Type
      • 5.1.1. Rigid
      • 5.1.2. Flexible
    • 5.2. Market Analysis, Insights and Forecast - by End-User Type
      • 5.2.1. Residential
      • 5.2.2. Commercial
    • 5.3. Market Analysis, Insights and Forecast - by Distribution Channel
      • 5.3.1. Manufacturer Owned Stores
      • 5.3.2. Speciality Stores
      • 5.3.3. Online Stores
      • 5.3.4. Other Distribution Channels
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. China
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 Chiping Xinlida New Decoration Materials Co Ltd
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Protex Flooring
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 Zhejiang Kingdom Plastics Industry Co Ltd
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 Jiangsu Taide Decoration Materials Co Ltd
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 Shanghai 3C Industry Co Ltd
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 Xin Flooring
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 Yalong Flooring
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 Hanflor
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)
        • 6.2.9 Jiangsu Zhengyoung Flooring Decoration Materials Co Ltd
          • 6.2.9.1. Overview
          • 6.2.9.2. Products
          • 6.2.9.3. SWOT Analysis
          • 6.2.9.4. Recent Developments
          • 6.2.9.5. Financials (Based on Availability)
        • 6.2.10 Eco Home
          • 6.2.10.1. Overview
          • 6.2.10.2. Products
          • 6.2.10.3. SWOT Analysis
          • 6.2.10.4. Recent Developments
          • 6.2.10.5. Financials (Based on Availability)
        • 6.2.11 Forbo Flooring Systems
          • 6.2.11.1. Overview
          • 6.2.11.2. Products
          • 6.2.11.3. SWOT Analysis
          • 6.2.11.4. Recent Developments
          • 6.2.11.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: China Luxury Vinyl Tile (LVT) Market Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: China Luxury Vinyl Tile (LVT) Market Share (%) by Company 2024

List of Tables

  1. Table 1: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by Region 2019 & 2032
  3. Table 3: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by Product Type 2019 & 2032
  4. Table 4: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by Product Type 2019 & 2032
  5. Table 5: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by End-User Type 2019 & 2032
  6. Table 6: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by End-User Type 2019 & 2032
  7. Table 7: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
  8. Table 8: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by Distribution Channel 2019 & 2032
  9. Table 9: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by Region 2019 & 2032
  10. Table 10: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by Region 2019 & 2032
  11. Table 11: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by Country 2019 & 2032
  12. Table 12: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by Country 2019 & 2032
  13. Table 13: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by Product Type 2019 & 2032
  14. Table 14: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by Product Type 2019 & 2032
  15. Table 15: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by End-User Type 2019 & 2032
  16. Table 16: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by End-User Type 2019 & 2032
  17. Table 17: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
  18. Table 18: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by Distribution Channel 2019 & 2032
  19. Table 19: China Luxury Vinyl Tile (LVT) Market Revenue Million Forecast, by Country 2019 & 2032
  20. Table 20: China Luxury Vinyl Tile (LVT) Market Volume K Unit Forecast, by Country 2019 & 2032


Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the China Luxury Vinyl Tile (LVT) Market?

The projected CAGR is approximately 6.23%.

2. Which companies are prominent players in the China Luxury Vinyl Tile (LVT) Market?

Key companies in the market include Chiping Xinlida New Decoration Materials Co Ltd, Protex Flooring, Zhejiang Kingdom Plastics Industry Co Ltd, Jiangsu Taide Decoration Materials Co Ltd, Shanghai 3C Industry Co Ltd, Xin Flooring, Yalong Flooring, Hanflor, Jiangsu Zhengyoung Flooring Decoration Materials Co Ltd , Eco Home, Forbo Flooring Systems.

3. What are the main segments of the China Luxury Vinyl Tile (LVT) Market?

The market segments include Product Type, End-User Type, Distribution Channel.

4. Can you provide details about the market size?

The market size is estimated to be USD 2.07 Million as of 2022.

5. What are some drivers contributing to market growth?

Evolving Home Décor Concepts; Rapid Growth in Residential Buildings to Drive Market.

6. What are the notable trends driving market growth?

China Leading In LVT Export To Europe and the Americas.

7. Are there any restraints impacting market growth?

High Initial Cost; Limited Distribution Channels.

8. Can you provide examples of recent developments in the market?

January 2023: India's Commerce Ministry recommended the imposition of anti-dumping duties on vinyl tiles coming from China and Taiwan for five years to guard domestic players against cheap imports from these countries. The recommended duty is USD 2.05 per square meter and USD 1.44 per square meter.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million and volume, measured in K Unit.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "China Luxury Vinyl Tile (LVT) Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the China Luxury Vinyl Tile (LVT) Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the China Luxury Vinyl Tile (LVT) Market?

To stay informed about further developments, trends, and reports in the China Luxury Vinyl Tile (LVT) Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.



Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

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Discover the booming Italian furniture retail market! Explore €16 billion market size, 2.61% CAGR, key players like IKEA & Mondo Convenienza, and regional trends in our comprehensive analysis. Learn about online vs offline sales and future growth projections.

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No Of Pages: 197
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Consumer-Driven Trends in Turkish Carpets & Rugs Industry Market

Discover the thriving Turkish carpets & rugs market! Explore a $495.10M industry with a 3.06% CAGR, driven by e-commerce, design trends, and increasing disposable incomes. Learn about key players, market segmentation, and future growth projections for 2025-2033.

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Smart Cooker Market Future-Proof Strategies: Market Trends 2025-2033

Discover the booming smart cooker market! Our in-depth analysis reveals a CAGR exceeding 5%, driven by convenience, health trends, and smart home integration. Explore market size, key players (Panasonic, Breville, Instant Pot, more), regional insights, and future growth projections to 2033.

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No Of Pages: 234
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India Upholstery Furniture Market Market’s Role in Emerging Tech: Insights and Projections 2025-2033

Discover the booming India Upholstery Furniture Market! This comprehensive analysis reveals a ₹11.21 billion market (2025) with a 6.86% CAGR, driven by rising incomes and e-commerce growth. Explore key trends, regional insights, and leading brands shaping this dynamic sector.

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Windows and Doors Market Drivers of Growth: Opportunities to 2033

Discover the booming windows and doors market! Explore a detailed analysis revealing a CAGR of 5.78% through 2033, driven by energy efficiency demands and construction growth. Learn about key players like YKK and Andersen, regional trends, and future market projections.

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