LVT Flooring Market Share, Size, and Trends by 2031
LVT Flooring Market: Strategic Insights
LVT Flooring Market
-
CAGR (2023 - 2031)8.9% -
Market Size 2023
US$ 22.22 Billion -
Market Size 2031
US$ 43.95 Billion
Market Dynamics
GROWTH DRIVERS
- Growing Residential Construction
- Cost-Effectiveness of Luxury Vinyl Tiles (LVT) Flooring
FUTURE TRENDS
- Technological Advancements
OPPORTUNITIES
- Expansion of Commercial Sector
Key Players
- Wedge Industries Ltd
- Mohawk Industries Inc
- Tarkett
- Shaw Industries Group Inc
- Interface Inc
- AHF LLC
- Gerflor SAS
- Congoleum
- Mannington Mills Inc
- Forbo Holding AG
Regional Overview
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- and South and Central America
Market Segmentation
Type
- Rigid
- Flexible
End User
- Residential
- Commercial
- Institutional