Global LVT market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth in this market is attributed to the increasing demand for luxury vinyl flooring due to its durability and low maintenance cost. LVT has been gaining popularity in residential as well as commercial applications due to its easy installation and low maintenance cost.
Some Of The Growth Factors Of This Market:
- LVT is a durable flooring option that can last up to 20 years with proper care.
- LVT is a great option for those who are looking for an environmentally friendly flooring solution because it does not contain any formaldehyde, making it safe for pets and children.
- LVT is easy to clean and maintain, which makes it perfect for busy households with kids or pets.
- LVT comes in many different styles and colors, so there's something to suit every taste.
- The price of LVT has been steadily decreasing over the past few years.
Industry Growth Insights published a new data on “Luxury Vinyl Flooring (LVT) Market”. The research report is titled “Luxury Vinyl Flooring (LVT) Market research by Types (Flexible LVT Floor, Rigid LVT Floor), By Applications (Commercial Use, Residential Use), By Players/Companies Tarkett, Armstrong, Mannington Mills, Mohawk, Congoleum, Gerflor, Forbo, Novalis, LG Hausys, Karndean, CFL Flooring, Beaulieu, NOX Corporation, Metroflor, Milliken, Polyflor, Snmo LVT”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Vinyl Flooring (LVT) Market Research Report
By Type
Flexible LVT Floor, Rigid LVT Floor
By Application
Commercial Use, Residential Use
By Companies
Tarkett, Armstrong, Mannington Mills, Mohawk, Congoleum, Gerflor, Forbo, Novalis, LG Hausys, Karndean, CFL Flooring, Beaulieu, NOX Corporation, Metroflor, Milliken, Polyflor, Snmo LVT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Vinyl Flooring (LVT) Market Report Segments:
The global Luxury Vinyl Flooring (LVT) market is segmented on the basis of:
Types
Flexible LVT Floor, Rigid LVT Floor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Use, Residential Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tarkett
- Armstrong
- Mannington Mills
- Mohawk
- Congoleum
- Gerflor
- Forbo
- Novalis
- LG Hausys
- Karndean
- CFL Flooring
- Beaulieu
- NOX Corporation
- Metroflor
- Milliken
- Polyflor
- Snmo LVT
Highlights of The Luxury Vinyl Flooring (LVT) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flexible LVT Floor
- Rigid LVT Floor
- By Application:
- Commercial Use
- Residential Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Luxury Vinyl Flooring (LVT) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Luxury Vinyl Flooring (LVT) is a type of flooring made from vinyl that is often considered to be more luxurious than other types of flooring. LVT can be used in many different settings, including homes, offices, and retail stores.
Some of the key players operating in the luxury vinyl flooring (lvt) market are Tarkett, Armstrong, Mannington Mills, Mohawk, Congoleum, Gerflor, Forbo, Novalis, LG Hausys, Karndean, CFL Flooring, Beaulieu, NOX Corporation, Metroflor, Milliken, Polyflor, Snmo LVT.
The luxury vinyl flooring (lvt) market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Luxury Vinyl Flooring (LVT) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Luxury Vinyl Flooring (LVT) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Luxury Vinyl Flooring (LVT) Market - Supply Chain
4.5. Global Luxury Vinyl Flooring (LVT) Market Forecast
4.5.1. Luxury Vinyl Flooring (LVT) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Luxury Vinyl Flooring (LVT) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Luxury Vinyl Flooring (LVT) Market Absolute $ Opportunity
5. Global Luxury Vinyl Flooring (LVT) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Type
5.3.1. Flexible LVT Floor
5.3.2. Rigid LVT Floor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Luxury Vinyl Flooring (LVT) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Application
6.3.1. Commercial Use
6.3.2. Residential Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Luxury Vinyl Flooring (LVT) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Luxury Vinyl Flooring (LVT) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Luxury Vinyl Flooring (LVT) Demand Share Forecast, 2019-2026
9. North America Luxury Vinyl Flooring (LVT) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Application
9.4.1. Commercial Use
9.4.2. Residential Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Type
9.7.1. Flexible LVT Floor
9.7.2. Rigid LVT Floor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Luxury Vinyl Flooring (LVT) Demand Share Forecast, 2019-2026
10. Latin America Luxury Vinyl Flooring (LVT) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Application
10.4.1. Commercial Use
10.4.2. Residential Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Type
10.7.1. Flexible LVT Floor
10.7.2. Rigid LVT Floor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Luxury Vinyl Flooring (LVT) Demand Share Forecast, 2019-2026
11. Europe Luxury Vinyl Flooring (LVT) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Application
11.4.1. Commercial Use
11.4.2. Residential Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Type
11.7.1. Flexible LVT Floor
11.7.2. Rigid LVT Floor
11.8. Basis Point Share (BPS) Analysis y Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Luxury Vinyl Flooring (LVT) Demand Share, 2019-2026
12. Asia Pacific Luxury Vinyl Flooring (LVT) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Application
12.4.1. Commercial Use
12.4.2. Residential Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Type
12.7.1. Flexible LVT Floor
12.7.2. Rigid LVT Floor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Luxury Vinyl Flooring (LVT) Demand Share, 2019-2026
13. Middle East & Africa Luxury Vinyl Flooring (LVT) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Application
13.4.1. Commercial Use
13.4.2. Residential Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Luxury Vinyl Flooring (LVT) Market Size and Volume Forecast by Type
13.7.1. Flexible LVT Floor
13.7.2. Rigid LVT Floor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Luxury Vinyl Flooring (LVT) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Luxury Vinyl Flooring (LVT) Market: Market Share Analysis
14.2. Luxury Vinyl Flooring (LVT) Distributors and Customers
14.3. Luxury Vinyl Flooring (LVT) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tarkett
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Armstrong
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mannington Mills
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mohawk
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Congoleum
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gerflor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Forbo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Novalis
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LG Hausys
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Karndean
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CFL Flooring
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Beaulieu
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NOX Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Metroflor
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Milliken
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Polyflor
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Snmo LVT
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook