Luxury Vinyl Tiles Lvt Flooring Market Scope And Analysis

  • Report Code : TIPRE00007083
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 230
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LVT Flooring Market Scope and Key Players Analysis by 2031

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LVT Flooring Market Report LVT Flooring Market Size and Share LVT Flooring Market Scope and Analysis

LVT Flooring Market Report Scope

Report Attribute Details
Market size in 2023 US$ 22.22 Billion
Market Size by 2031 US$ 43.95 Billion
Global CAGR (2023 - 2031) 8.9%
Historical Data 2020-2022
Forecast period 2024-2031
Segments Covered By Type
  • Rigid
  • Flexible
By End User
  • Residential
  • Commercial
  • Institutional
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Rest of Europe
Asia Pacific
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
and South and Central America
  • Brazil
  • Argentina
  • and Rest of South and Central America
Market leaders and key company profiles
  • Wedge Industries Ltd
  • Mohawk Industries Inc
  • Tarkett
  • Shaw Industries Group Inc
  • Interface Inc
  • AHF LLC
  • Gerflor SAS
  • Congoleum
  • Mannington Mills Inc
  • Forbo Holding AG
    		•

    Industry Developments and Future Opportunities:

    A few initiatives taken by the key players operating in the LVT flooring market are listed below:

    • In January 2024, Gerflor unveiled two new lines of Luxury Vinyl Tile (LVT) named Creation WellPoint and Creation GuidePoint, manufactured in the US for healthcare and education sector.
    • In July 2023, AHF Products introduced a US-made luxury vinyl line, Armstrong Flooring's American Personality PRO. The products come with the signature Armstrong Flooring Diamond 10 Technology for durability.
    • In October 2023, Tarkett, a manufacturer of sustainable flooring solutions, launched its high-performing, premium Contour LVT offerings with two new design collections: Collaborative and Mindful Maker.

    Competitive Landscape and Key Companies:

    Wedge Industries Ltd, Mohawk Industries Inc, Tarkett, Shaw Industries Group Inc, Interface Inc, AHF LLC, Gerflor SAS, Congoleum, Mannington Mills Inc, and Forbo Holding AG are among the key players profiled in the LVT flooring market report. The global market players focus on providing high-quality products to fulfill customer demand.