Market Overview:
The global PVC floor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PVC flooring in commercial and residential applications. In terms of type, the global PVC floor market is segmented into homogenous, heterogeneous, vinyl tiles (VT), and luxury vinyl tiles (LVT). Of these, VT is expected to be the fastest-growing segment during the forecast period. This can be attributed to its low installation cost and easy maintenance. In terms of application, commercial applications are expected to account for a larger share of the global PVC floor market than residential applications during the forecast period.
Product Definition:
PVC flooring is a flooring material made from polyvinyl chloride (PVC) and other additives. PVC flooring is durable, easy to install and maintain, and resistant to water, dirt, and grease.
Homogenous:
Homogenous PVC flooring is a type of PVC flooring that has uniform thickness throughout its entire length. It's most commonly used in high-traffic areas such as schools, offices, and commercial buildings. Homogenous floors are available in various colors and textures; the texture of the homogenous floor can be modified to fit into any design scheme. The growing demand for aesthetically appealing products with superior functionality is expected to drive the market over the forecast period.
Heterogeneous:
Heterogeneous PVC flooring is a type of flooring made from Polyvinyl Chloride (PVC) resin. It is manufactured by mixing different types of resins in the same polymerization vessel. The resultant product has varied molecular weights owing to the variation in individual monomers and henceforth exhibits a broad range of properties as compared to homogenous floors, which are manufactured using single type of resin.
Application Insights:
The commercial application segment dominated the global PVC floor market in 2017, accounting for more than 60.0% share of the overall revenue. The growth can be attributed to increasing construction activities in key economies such as China, India and Japan. In addition, demand from healthcare and retail sectors is also expected to drive the segment over the forecast period.
The residential sector is expected to witness significant growth over the forecast period owing to rising consumer spending capacity coupled with stable economic policies implemented by various governments across developed and developing countries worldwide has boosted household infrastructural development including new houses & apartments building & renovation projects at a rapid pace globally since last few years which will further boost product demand in near future as well.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest construction companies across the globe. China, India, Japan, South Korea are among Asia Pacific’s biggest markets for PVC flooring products. Growing demand from residential as well as commercial sectors has been driving growth in this region.
The Middle East & Africa market was valued at USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing to increasing construction activities mainly driven by rising population along with government initiatives aimed towards infrastructural development especially related housing sector which will drive demand for luxury vinyl tiles (LVT).
North America accounted for a volume share of 11% in 2017 owing to growing product adoption across end-use industries such as offices, hotels/restaurants, educational institutes etc.
Growth Factors:
- Increasing demand from the construction industry for flooring solutions is expected to drive the PVC Floor market growth.
- Rising disposable income of consumers is anticipated to boost the demand for luxury vinyl tiles (LVT) and other PVC Floor products in the coming years.
- Growing popularity of DIY projects is projected to fuel the sales of PVC Flooring products in residential applications over the forecast period.
- Proliferation of online retail platforms is likely to provide a significant impetus to market growth as it offers easy access to a wide range of flooring options at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
PVC Floor Market Research Report
By Type
Homogenous, Heterogeneous, Vinyl tiles (VT), Luxury vinyl tiles (LVT)
By Application
Commercial, Residential, Table of Content
By Companies
Armstrong, Bonie, LG Hausys, Gerflor, Forbo, Mohawk(including IVC), Mannington, Tarkett, Polyflor, HANWHA
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global PVC Floor Market Report Segments:
The global PVC Floor market is segmented on the basis of:
Types
Homogenous, Heterogeneous, Vinyl tiles (VT), Luxury vinyl tiles (LVT)
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, Residential, Table of Content
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
- Bonie
- LG Hausys
- Gerflor
- Forbo
- Mohawk(including IVC)
- Mannington
- Tarkett
- Polyflor
- HANWHA
Highlights of The PVC Floor 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:
- Homogenous
- Heterogeneous
- Vinyl tiles (VT)
- Luxury vinyl tiles (LVT)
- By Application:
- Commercial
- Residential
- Table of Content
- 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 PVC Floor 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?
PVC flooring is a type of flooring made from polyvinyl chloride. PVC flooring is often used in areas where durability and resistance to moisture and wear are important factors, such as kitchens and bathrooms. PVC flooring is also popular for its low cost and easy installation process.
Some of the major players in the pvc floor market are Armstrong, Bonie, LG Hausys, Gerflor, Forbo, Mohawk(including IVC), Mannington, Tarkett, Polyflor, HANWHA.
The pvc floor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PVC Floor 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. PVC Floor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PVC Floor Market - Supply Chain
4.5. Global PVC Floor Market Forecast
4.5.1. PVC Floor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PVC Floor Market Size (000 Units) and Y-o-Y Growth
4.5.3. PVC Floor Market Absolute $ Opportunity
5. Global PVC Floor 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. PVC Floor Market Size and Volume Forecast by Type
5.3.1. Homogenous
5.3.2. Heterogeneous
5.3.3. Vinyl tiles (VT)
5.3.4. Luxury vinyl tiles (LVT)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PVC Floor 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. PVC Floor Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Residential
6.3.3. Table of Content
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PVC Floor 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. PVC Floor 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 PVC Floor 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. PVC Floor 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 PVC Floor Demand Share Forecast, 2019-2026
9. North America PVC Floor 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 PVC Floor 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 PVC Floor Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Residential
9.4.3. Table of Content
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PVC Floor Market Size and Volume Forecast by Type
9.7.1. Homogenous
9.7.2. Heterogeneous
9.7.3. Vinyl tiles (VT)
9.7.4. Luxury vinyl tiles (LVT)
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 PVC Floor Demand Share Forecast, 2019-2026
10. Latin America PVC Floor 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 PVC Floor 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 PVC Floor Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Residential
10.4.3. Table of Content
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PVC Floor Market Size and Volume Forecast by Type
10.7.1. Homogenous
10.7.2. Heterogeneous
10.7.3. Vinyl tiles (VT)
10.7.4. Luxury vinyl tiles (LVT)
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 PVC Floor Demand Share Forecast, 2019-2026
11. Europe PVC Floor 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 PVC Floor 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 PVC Floor Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Residential
11.4.3. Table of Content
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PVC Floor Market Size and Volume Forecast by Type
11.7.1. Homogenous
11.7.2. Heterogeneous
11.7.3. Vinyl tiles (VT)
11.7.4. Luxury vinyl tiles (LVT)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market ttractiveness/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 PVC Floor Demand Share, 2019-2026
12. Asia Pacific PVC Floor 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 PVC Floor 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 PVC Floor Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Residential
12.4.3. Table of Content
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PVC Floor Market Size and Volume Forecast by Type
12.7.1. Homogenous
12.7.2. Heterogeneous
12.7.3. Vinyl tiles (VT)
12.7.4. Luxury vinyl tiles (LVT)
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 PVC Floor Demand Share, 2019-2026
13. Middle East & Africa PVC Floor 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 PVC Floor 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 PVC Floor Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Residential
13.4.3. Table of Content
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PVC Floor Market Size and Volume Forecast by Type
13.7.1. Homogenous
13.7.2. Heterogeneous
13.7.3. Vinyl tiles (VT)
13.7.4. Luxury vinyl tiles (LVT)
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 PVC Floor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PVC Floor Market: Market Share Analysis
14.2. PVC Floor Distributors and Customers
14.3. PVC Floor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Armstrong
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bonie
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LG Hausys
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gerflor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Forbo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mohawk(including IVC)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mannington
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tarkett
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Polyflor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HANWHA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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