Luxury Vinyl Tiles (LVT) Flooring Market, Global Outlook and Forecast 2023-2032
The global Luxury Vinyl Tiles (LVT) Flooring market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Luxury vinyl tile (LVT) floorings are the fastest growing trends in the building flooring industry.Environmentally friendly, they provide improved indoor air quality (IAQ) performance.They are useful when low maintenance is required and easy to install.They provide extra cushioning to reduce the impact and gain a soft feel.This feature also has acoustic properties that absorb more noise than tiles, wood and laminate.They are proven solutions for high, medium and low traffic applications.
This report aims to provide a comprehensive presentation of the global market for Luxury Vinyl Tiles (LVT) Flooring, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Luxury Vinyl Tiles (LVT) Flooring. This report contains market size and forecasts of Luxury Vinyl Tiles (LVT) Flooring in global, including the following market information:
- Global Luxury Vinyl Tiles (LVT) Flooring Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Luxury Vinyl Tiles (LVT) Flooring Market Sales, 2018-2023, 2024-2032, (K Square Meter)
- Global top five Luxury Vinyl Tiles (LVT) Flooring companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Water-Based Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Luxury Vinyl Tiles (LVT) Flooring include Mohawk Industries, Tarkett, Forbo, Shaw Industries, Interface, Armstrong, Mannington Mills, Mohawk and Congoleum, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Luxury Vinyl Tiles (LVT) Flooring 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 (LVT) Flooring Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Square Meter)
Global Luxury Vinyl Tiles (LVT) Flooring Market Segment Percentages, by Type, 2022 (%)
- Water-Based
- Solvent-Based
- Hot-Melt Based
Global Luxury Vinyl Tiles (LVT) Flooring Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Square Meter)
Global Luxury Vinyl Tiles (LVT) Flooring Market Segment Percentages, by Application, 2022 (%)
- Residential
- Non-Residential
Global Luxury Vinyl Tiles (LVT) Flooring Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Square Meter)
Global Luxury Vinyl Tiles (LVT) Flooring Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Luxury Vinyl Tiles (LVT) Flooring revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Luxury Vinyl Tiles (LVT) Flooring revenues share in global market, 2022 (%)
- Key companies Luxury Vinyl Tiles (LVT) Flooring sales in global market, 2018-2023 (Estimated), (K Square Meter)
- Key companies Luxury Vinyl Tiles (LVT) Flooring sales share in global market, 2022 (%)
key players include:
- Mohawk Industries
- Tarkett
- Forbo
- Shaw Industries
- Interface
- Armstrong
- Mannington Mills
- Mohawk
- Congoleum
- Gerflor
- Novalis
- LG Hausys
- Karndean
- Shaw Floors
- CFL Flooring
- Beaulieu
- NOX Corporation
- Metroflor
- Milliken
- Polyflor
- Snmo LVT
- Responsive Industries
- The Dixie Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Luxury Vinyl Tiles (LVT) Flooring, market overview.
Chapter 2: Global Luxury Vinyl Tiles (LVT) Flooring market size in revenue and volume.
Chapter 3: Detailed analysis of Luxury Vinyl Tiles (LVT) Flooring manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Luxury Vinyl Tiles (LVT) Flooring in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Luxury Vinyl Tiles (LVT) Flooring capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
