Market Overview:
The global residential vinyl flooring market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for vinyl flooring in both online and offline channels across different regions. Vinyl flooring is witnessing an increase in popularity due to its durability, low maintenance and aesthetic appeal. Additionally, the growing construction industry is also propelling the demand for residential vinyl flooring globally. Based on type, the global residential vinyl flooring market can be segmented into 4mm, 5mm, 5.5mm, 6.5mm and 8mm thicknesses segments.
Product Definition:
Residential vinyl flooring is a type of flooring typically used in homes. It is made from synthetic materials, such as polyvinyl chloride (PVC), and is designed to look like wood or tile. Vinyl flooring is durable, easy to clean, and relatively affordable. It is often used in kitchens and bathrooms because it can withstand moisture and wear.
4mm:
4mm is a thin layer of polyvinyl chloride, which is applied to the flooring. It has high durability and tensile strength and can be easily installed on any type of subflooring material such as wood, concrete or stone.
Residential vinyl floorings are available in various colors and textures; some textures include marble look, wood grain texture etc., 4mm vinyl sheets are used for covering these textures.
5mm:
Residential vinyl flooring is a type of durable, low-maintenance covering made from polyvinyl chloride. It is available in various colors and textures and can be installed on a variety of substrates such as concrete, wood, stone or even tiles.
Application Insights:
The online segment led the market and accounted for more than 70.0% share of the global revenue in 2017. The growth is attributed to an increase in online shopping activities, especially for luxury goods, which has resulted in a surge in demand for vinyl floorings at warehouses and storage facilities. Moreover, rising disposable income levels among consumers across the globe has paved way for various retail stores that offer home delivery services such as furniture & mattress assembly along with vinyl flooring installation services at affordable prices. This trend is expected to drive demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In 2017, China accounted for approximately 45% of global construction spending and it is anticipated that by 2020, this number will increase to 53%. This scenario will drive the demand for residential buildings in these countries which will further propel product demand over the forecast period.
North America was valued at USD X billion in 2017 owing to high consumer confidence coupled with low unemployment rates are expected favorably impact industry growth over the coming years The U.S., being one of the most developed nations has witnessed an upsurge in new housing constructions which resulted into increased flooring installations across various applications such as hospitals/medical centers; offices; hotels/restaurants; schools & colleges; factories etc.
Growth Factors:
- Increasing demand for luxury vinyl flooring (LVF) from the residential sector on account of its aesthetic appeal and durability.
- Rising disposable income of consumers, especially in developing countries, is propelling the demand for LVF flooring as it offers a high return on investment.
- Proliferation of online retail platforms is providing a boost to the sales of LVF flooring as they offer a wide variety of products at competitive prices.
- Growing awareness about the benefits of LVF flooring over traditional materials such as wood and ceramic tiles is fueling its adoption across residential spaces worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Vinyl Flooring Market Research Report
By Type
4mm, 5mm, 5.5mm, 6.5mm, 8mm
By Application
Online, Offline
By Companies
Armstrong Flooring, Pro-Tek, Parterre Flooring, Shanghai SevenTrust Company Co. Ltd., Oakio, Spectra Contract Flooring, Tecnodeck, WPC-Woodplastic A.S., Leben India Pvt. Ltd., Novowood, Taizhou Huali New Materials Co Ltd., Nanjing Xuhua Sundi New Building Materials Co. Ltd.
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Residential Vinyl Flooring Market Report Segments:
The global Residential Vinyl Flooring market is segmented on the basis of:
Types
4mm, 5mm, 5.5mm, 6.5mm, 8mm
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
Online, Offline
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:
- Armstrong Flooring
- Pro-Tek
- Parterre Flooring
- Shanghai SevenTrust Company Co. Ltd.
- Oakio
- Spectra Contract Flooring
- Tecnodeck
- WPC-Woodplastic A.S.
- Leben India Pvt. Ltd.
- Novowood
- Taizhou Huali New Materials Co Ltd.
- Nanjing Xuhua Sundi New Building Materials Co. Ltd.
Highlights of The Residential Vinyl Flooring 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:
- 4mm
- 5mm
- 5.5mm
- 6.5mm
- 8mm
- By Application:
- Online
- Offline
- 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 Residential Vinyl Flooring 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?
Residential vinyl flooring is a type of flooring that is typically used in residential settings. It is made from a vinyl sheet that is bonded to a substrate. Vinyl flooring has many benefits, including its low cost, easy installation, and resistance to moisture and wear.
Some of the key players operating in the residential vinyl flooring market are Armstrong Flooring, Pro-Tek, Parterre Flooring, Shanghai SevenTrust Company Co. Ltd., Oakio, Spectra Contract Flooring, Tecnodeck, WPC-Woodplastic A.S., Leben India Pvt. Ltd., Novowood, Taizhou Huali New Materials Co Ltd., Nanjing Xuhua Sundi New Building Materials Co. Ltd..
The residential vinyl flooring market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Residential Vinyl Flooring Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Residential Vinyl Flooring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential Vinyl Flooring Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Residential Vinyl Flooring Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Residential Vinyl Flooring Market Size & Forecast, 2020-2028
4.5.1 Residential Vinyl Flooring Market Size and Y-o-Y Growth
4.5.2 Residential Vinyl Flooring Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 4mm
5.2.2 5mm
5.2.3 5.5mm
5.2.4 6.5mm
5.2.5 8mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential Vinyl Flooring Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Residential Vinyl Flooring Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 4mm
9.6.2 5mm
9.6.3 5.5mm
9.6.4 6.5mm
9.6.5 8mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 4mm
10.6.2 5mm
10.6.3 5.5mm
10.6.4 6.5mm
10.6.5 8mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 4mm
11.6.2 5mm
11.6.3 5.5mm
11.6.4 6.5mm
11.6.5 8mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 4mm
12.6.2 5mm
12.6.3 5.5mm
12.6.4 6.5mm
12.6.5 8mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 4mm
13.6.2 5mm
13.6.3 5.5mm
13.6.4 6.5mm
13.6.5 8mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Residential Vinyl Flooring Market: Competitive Dashboard
14.2 Global Residential Vinyl Flooring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armstrong Flooring
14.3.2 Pro-Tek
14.3.3 Parterre Flooring
14.3.4 Shanghai SevenTrust Company Co. Ltd.
14.3.5 Oakio
14.3.6 Spectra Contract Flooring
14.3.7 Tecnodeck
14.3.8 WPC-Woodplastic A.S.
14.3.9 Leben India Pvt. Ltd.
14.3.10 Novowood
14.3.11 Taizhou Huali New Materials Co Ltd.
14.3.12 Nanjing Xuhua Sundi New Building Materials Co. Ltd.
