Luxury Vinyl Tiles Flooring Market

LVT or Luxury Vinyl Tile is an innovative design of vinyl flooring. It is becoming an increasingly popular and affordable alternative to wood or stone. The realistic look of either wood, stone or ceramic tile is extremely hard wearing and resilient to daily wear and tear. It has a scratch resistant surface and waterproof making it ideal for any room in your home. The LVT is made up of multiple thin layers so that the flooring is still flexible but very durable and easy to look after.
Luxury Vinyl Tiles Flooring Market 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, 2017-2022, 2023-2028, ($ millions)
Global Luxury Vinyl Tiles (LVT) Flooring Market Sales, 2017-2022, 2023-2028, (K Sqm)
Global top five Luxury Vinyl Tiles (LVT) Flooring companies in 2021 (%)
The global Luxury Vinyl Tiles (LVT) Flooring market was valued at 9459.2 million in 2021 and is projected to reach US$ 20680 million by 2028, at a CAGR of 11.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Rigid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Luxury Vinyl Tiles (LVT) Flooring include Tarkett, Mohawk Industries, Forbo, Shaw Industries, Inc., Armstrong Flooring, Gerflor, The Dixie Group, Responsive Industries Ltd. and Mannington Mills, Inc. and etc. In 2021, 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, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Luxury Vinyl Tiles (LVT) Flooring Market Segment Percentages, by Type, 2021 (%)
Rigid
Flexible
Global Luxury Vinyl Tiles (LVT) Flooring Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Luxury Vinyl Tiles (LVT) Flooring Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Others
Global Luxury Vinyl Tiles (LVT) Flooring Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Luxury Vinyl Tiles (LVT) Flooring 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 (LVT) Flooring revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Luxury Vinyl Tiles (LVT) Flooring revenues share in global market, 2021 (%)
Key companies Luxury Vinyl Tiles (LVT) Flooring sales in global market, 2017-2022 (Estimated), (K Sqm)
Key companies Luxury Vinyl Tiles (LVT) Flooring sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tarkett
Mohawk Industries
Forbo
Shaw Industries, Inc.
Armstrong Flooring
Gerflor
The Dixie Group
Responsive Industries Ltd.
Mannington Mills, Inc.
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