Luxury vinyl flooring and tiles generally consist of five different layers. As a result, this floor not only has excellent waterproof and silencing features but also brings extremely warm, soft touch to the ground for the feet. In addition, the vinyl flooring remains ultra-thin, making it the perfect choice for interior renovation.
This report contains market size and forecasts of Luxury Vinyl Tiles and LVT Floorings in global, including the following market information:
Global Luxury Vinyl Tiles and LVT Floorings Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Luxury Vinyl Tiles and LVT Floorings Market Sales, 2017-2022, 2023-2028, (K Sqm)
Global top five Luxury Vinyl Tiles and LVT Floorings companies in 2021 (%)
The global Luxury Vinyl Tiles and LVT Floorings market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Flexible Luxury Vinyl Tile(LVT) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Luxury Vinyl Tiles and LVT Floorings include Tarkett, Armstrong, Mannington Mills, NOX Corporation, LG Hausys, Congoleum, Mohawk, Gerflor and Forbo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Luxury Vinyl Tiles and LVT Floorings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Luxury Vinyl Tiles and LVT Floorings Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Luxury Vinyl Tiles and LVT Floorings Market Segment Percentages, by Type, 2021 (%)
Flexible Luxury Vinyl Tile(LVT)
Rigid Luxury Vinyl Tile(LVT)
Global Luxury Vinyl Tiles and LVT Floorings Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Luxury Vinyl Tiles and LVT Floorings Market Segment Percentages, by Application, 2021 (%)
Commercial
Residential
Global Luxury Vinyl Tiles and LVT Floorings Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Luxury Vinyl Tiles and LVT Floorings Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Luxury Vinyl Tiles and LVT Floorings revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Luxury Vinyl Tiles and LVT Floorings revenues share in global market, 2021 (%)
Key companies Luxury Vinyl Tiles and LVT Floorings sales in global market, 2017-2022 (Estimated), (K Sqm)
Key companies Luxury Vinyl Tiles and LVT Floorings sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tarkett
Armstrong
Mannington Mills
NOX Corporation
LG Hausys
Congoleum
Mohawk
Gerflor
Forbo
Beaulieu
RiL
Metroflor
Milliken
Polyflor
Karndean
Parterre
Snmo LVT
Hailide New Material