LVT Flooring Market Growth Insights to 2031
2023 年 LVT 地板市场规模价值 222.2 亿美元,预计到 2031 年将达到 439.5 亿美元;预计 2023 年至 2031 年的复合年增长率为 8.9%。LVT flooring market size was valued at US$ 22.22 billion in 2023 and is expected to reach US$ 43.95 billion by 2031; it is estimated to register a CAGR of 8.9% from 2023 to 2031.
市场洞察和分析师观点:
豪华乙烯基瓷砖是一种经济实惠的替代品,可以替代硬木或石材等传统材料,以实惠的价格提供奢华的外观和感觉。此外,制造工艺的技术进步使纹理和图案更加逼真,增强了 LVT 地板的视觉吸引力。此外,LVT 的耐用性、防水性和易于维护等特性使其成为住宅和商业应用的理想选择。因此,所有这些因素都在推动 LVT地板市场的增长
增长动力和挑战:
与硬木、石材或瓷砖等天然材料相比,LVT 地板价格实惠,对消费者和企业来说是一种有吸引力的选择,尤其是对那些预算紧张的企业来说。LVT 的初始购买价格较低,并且通过其耐用性和低维护要求提供长期价值。安装简便进一步提高了其成本效益,因为简单的点击锁定或粘合安装方法减少了人工成本和施工时间。这对于大型项目尤其有利,因为最大限度地减少人工费用对于控制预算至关重要。此外,LVT 地板的长期耐用性有助于提高其成本效益,因为它可以最大限度地减少更换和维修费用。它对划痕、污渍和磨损的抵抗力确保它即使在人流量大的区域也能保持其外观和功能,从而减少了频繁维修或更换的需要。与其他地板材料相比,LVT 地板的维护要求较低,因为它只需要很少的清洁和保养,这进一步为房主和企业节省了成本。
LVT 地板提供的定制选项还允许消费者实现他们想要的美学设计,而无需承担定制天然材料带来的高成本。此外,LVT 技术的进步推动了节能和隔热变体的开发,通过帮助调节室内温度和减少能源费用来提高其成本效益。因此,所有这些因素都在推动 LVT 地板市场的增长。
消费者对环境问题的认识不断提高,这促使他们优先考虑环保选择,这预计将影响他们的购买决策。人们对乙烯基产品的负面看法源于其与不可再生资源和潜在的环境缺陷的联系,这阻止了有环保意识的消费者选择 LVT 地板。此外,旨在减少污染和促进可持续发展的严格环境法规增加了 LVT 制造商的生产成本和合规负担,影响了价格竞争力。乙烯基材料的处置进一步加剧了人们对环境的担忧,因为乙烯基产品的报废管理引发了有关垃圾填埋场废物和污染的问题。此外,竞争格局受到替代地板选项可用性的影响,这些选项被认为更环保,加剧了竞争并挑战了 LVT 地板的市场定位。因此,所有这些因素预计都会限制 LVT 地板市场的增长。
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LVT 地板市场:
复合年增长率(2023 - 2031)8.9%- 2023 年市场规模
222.2 亿美元 - 2031年市场规模
439.5亿美元
市场动态
- 住宅建设不断增长
- 豪华乙烯基瓷砖 (LVT) 地板的成本效益
- 技术进步
- 商业领域的扩张
关键人物;主力;重要一员
- 韦奇工业有限公司
- 莫霍克工业公司
- 得嘉
- 萧氏工业集团
- 接口公司
- 安富利有限责任公司
- 杰福尔公司
- 刚果民主共和国
- 曼宁顿磨坊公司
- 福尔波控股公司
区域概况
- 北美
- 欧洲
- 亚太地区
- 中东和非洲
- 以及南美洲和中美洲
市场细分
- 死板的
- 灵活的
- 住宅
- 商业的
- 机构
- 示例 PDF 通过定性和定量分析展示了内容结构和信息的性质。
报告细分和范围:
“2031 年全球 LVT 地板市场分析”是一项专业而深入的研究,主要关注全球市场趋势和增长机会。该报告旨在提供市场概述,并根据类型和最终用户对市场进行详细细分。市场在最近经历了高增长,预计在预测期内将继续保持这一趋势。该报告提供了全球豪华乙烯基瓷砖 (LVT) 地板消费的关键统计数据。此外,全球 LVT 地板市场报告对影响全球市场表现的各种因素进行了定性评估。该报告还包括对市场主要参与者及其关键战略发展的全面分析。还包括对市场动态的几项分析,以帮助确定关键驱动因素、LVT 地板市场趋势和有利可图的机会,进而有助于确定主要收入来源。
LVT 地板市场预测是根据各种二手和一手研究结果(例如主要公司出版物、协会数据和数据库)估算的。此外,生态系统分析和波特五力分析提供了对市场的 360 度视角,有助于了解整个供应链和影响市场表现的各种因素。
节段分析:
根据类型,市场分为刚性和柔性。就最终用户而言,市场分为住宅、商业和机构。商业部门在 2023 年占据了 LVT 地板市场份额的很大一部分。豪华乙烯基瓷砖地板用于办公室、酒店和购物中心等商业空间。这些地板由工程产品而不是天然材料制成,以获得更高的耐用性。零售店因其美观和低维护而接受了豪华乙烯基瓷砖地板。豪华乙烯基瓷砖地板的设计选项使零售商能够营造与其品牌相符的独特氛围。
相反,耐用性确保地板能够承受高人流量。办公空间的地板需要精致的外观,包括美观、功能和耐用性,而安装豪华乙烯基瓷砖地板可以满足这些要求。豪华乙烯基瓷砖地板有各种外观,与传统硬木或石材不同,可提供具有耐磨性的持久解决方案。此外,酒店、餐厅和其他酒店企业选择在大厅、客房和用餐区铺设豪华乙烯基瓷砖地板,因为它外观时尚,经久耐用。因此,所有这些因素都在推动商业领域 LVT 地板市场的发展。
区域分析:
市场范围集中在五个关键地区——北美、欧洲、亚太地区、中东和非洲以及南美和中美洲。就收入而言,亚太地区占据了 LVT 地板市场份额的主导地位,2023 年的市场规模约为 75 亿美元。城市化率的上升推动了建筑活动,尤其是在商业和住宅领域。这反过来又加速了对现代时尚地板解决方案的需求。此外,亚太地区可支配收入水平的提高使消费者有能力在改善生活空间方面投入更多资金。因此,人们越来越倾向于选择优质、美观的地板,例如 LVT。
LVT 地板具有防水性能和耐磨性,已成为该地区住宅和商业应用的热门选择。此外,亚太地区的酒店业在推动豪华乙烯基瓷砖 (LVT) 地板市场增长方面发挥着关键作用。亚太地区的酒店业,包括酒店、度假村和豪华住宿设施,主要注重美观、耐用性和易于维护,使 LVT 成为满足这些要求的理想地板解决方案。因此,所有这些因素都在推动亚太地区的市场发展。
预计 2023 年至 2031 年,欧洲 LVT 地板市场的复合年增长率将超过 8%。由于 LVT 地板的耐用性、易于维护和美观性,欧洲消费者对 LVT 地板的需求正在上升。这一趋势在德国、英国、法国和北欧国家尤为明显,这些国家的房主、装修者和企业都在寻求高质量、持久的地板解决方案。例如,根据欧盟委员会的数据,2023 年欧洲住宅装修的价值将达到约 4985 亿美元。此外,2023 年欧洲的建筑收入约为 1.45 万亿美元。LVT 的多功能性可以复制硬木和石材等天然材料的外观,吸引了那些在选择地板时既注重风格又注重实用性的欧洲消费者。监管标准和环境问题也影响着欧洲 LVT 地板市场。随着欧盟更加重视可持续性和环保性,制造商面临着生产符合严格环境标准的 LVT 地板的压力。这导致了由再生材料制成且具有低 VOC 排放量的环保型 LVT 产品的开发,以满足欧洲具有环保意识的消费者的需求。
LVT 地板市场报告范围
报告属性 | 细节 |
---|---|
2023 年的市场规模 | 222.2亿美元 |
2031 年市场规模 | 439.5亿美元 |
全球复合年增长率(2023 - 2031) | 8.9% |
历史数据 | 2020-2022 |
预测期 | 2024-2031 |
涵盖的领域 | 按类型
|
覆盖地区和国家 | 北美
|
市场领导者和主要公司简介 |
|
- 示例 PDF 通过定性和定量分析展示了内容结构和信息的性质。
行业发展和未来机遇:
以下列出了 LVT 地板市场主要参与者采取的一些举措:
- 2024 年 1 月,Gerflor 推出了两条新的豪华乙烯基瓷砖 (LVT) 系列,分别名为 Creation WellPoint 和 Creation GuidePoint,在美国生产,面向医疗保健和教育行业。
- 2023 年 7 月,AHF Products 推出了美国制造的豪华乙烯基系列,即 Armstrong Flooring 的 American Personality PRO。该产品采用标志性的 Armstrong Flooring Diamond 10 技术,经久耐用。
- 2023 年 10 月,可持续地板解决方案制造商 Tarkett 推出了其高性能、优质 Contour LVT 产品,其中包含两个新设计系列:Collaborative 和 Mindful Maker。
竞争格局和重点公司:
Wedge Industries Ltd、Mohawk Industries Inc、Tarkett、Shaw Industries Group Inc、Interface Inc、AHF LLC、Gerflor SAS、Congoleum、Mannington Mills Inc 和 Forbo Holding AG 是 LVT 地板市场报告中介绍的主要参与者。全球市场参与者专注于提供高质量的产品以满足客户需求。
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The affordability of luxury vinyl tiles (LVT) flooring compared to natural materials such as hardwood, stone, or ceramic tiles makes it an appealing option for consumers and businesses, especially for those who operate within tight budget constraints. Luxury vinyl tiles (LVT) offer a lower initial purchase price and deliver long-term value through their durability and low maintenance requirements. The ease of installation further enhances its cost-effectiveness, as the straightforward click-and-lock or adhesive installation methods reduce labor costs and construction timelines. This is particularly advantageous for large-scale projects where minimizing labor expenses is critical for staying within budget. Moreover, the long-term durability of luxury vinyl tiles (LVT) flooring contributes to its cost-effectiveness by minimizing replacement and repair expenses over time. Its resistance to scratches, stains, and wear ensures that it maintains its appearance and functionality even in high-traffic areas, reducing the need for frequent repairs or replacements. The low maintenance requirements of luxury vinyl tiles (LVT) flooring, as it requires minimal cleaning and upkeep compared to other flooring materials, further result in cost savings for homeowners and businesses. All these factors drive the LVT flooring market growth.
The commercial segment is expected to register the highest CAGR in the LVT flooring market from 2023 to 2031. Luxury vinyl tile flooring is used in commercial spaces such as offices, hotels, and shopping malls. These floorings are made of engineered products rather than natural materials to obtain more durability. Retail stores have embraced luxury vinyl tile flooring due to its aesthetic appeal and low maintenance. Design options in luxury vinyl tile flooring allow retailers to create a unique atmosphere that aligns with their brand. The flooring in office spaces requires a sophisticated appearance, including aesthetics, functionality, and durability, which the installation of luxury vinyl tile flooring can fulfill. The availability of luxury vinyl tile flooring in various looks from traditional hardwood or stone offers long-lasting solutions with wear and tear resistance. Moreover, hotels, restaurants, and other hospitality businesses choose luxury vinyl tile flooring in the lobby, guest rooms, and dining areas due to its stylish look and ability to endure constant use. All these factors are expected to drive the commercial segment growth from 2023 to 2031.
The residential segment held the largest share of the global LVT flooring market in 2023. Luxury vinyl tiles are an ideal choice for areas such as the living room, dining room, and bedrooms. The comfortable underfoot and easy-to-clean characteristics of luxury vinyl tiles make it a perfect fit for household spaces. Luxury vinyl tile flooring is also best suited for basement spaces to withstand moisture and temperature fluctuations. It acts as an efficient alternative to traditional concrete floors in providing a warmer and more comfortable environment in households. All these factors led to the dominance of residential segment in 2023.
A few players operating in the global LVT flooring market include 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.
In 2023, Asia Pacific held the largest share of the global LVT flooring market. The rising urbanization rates have surged construction activities, particularly in the commercial and residential sectors. This, in turn, has accelerated the demand for modern and stylish flooring solutions. Moreover, rising disposable income levels across Asia Pacific have empowered consumers to invest more in enhancing their living spaces. As a result, there has been a growing preference for premium and aesthetically pleasing flooring options such as LVT. All these factors led to the dominance of the Asia Pacific region in 2023.
The mineral oil segment held the largest share in the global LVT flooring market in 2023. Rigid luxury vinyl tile (LVT) flooring is made from a rigid core layer of composite material, such as stone polymer or wood polymer, sandwiched between two vinyl layers. Rigid luxury vinyl tiles, also known as floating or interlocking LVT, are designed to be installed without adhesive. The rigid core layer provides additional strength and stability to luxury vinyl tiles, making them suitable for high-traffic areas and busy homes. Rigid LVT can be installed over various subfloors, including concrete, ceramic tile, and even existing vinyl flooring, making it a preferable option for renovations and remodels. Several rigid core luxury vinyl tiles have a built-in underlayment that offers additional cushioning, making the flooring more comfortable to walk on and reducing the impact of foot traffic. These factors led to the dominance of the rigid segment in 2023.
The List of Companies - LVT Flooring Market
- Wedge Industries Ltd
- Mohawk Industries Inc.
- Tarkett
- Shaw Industries Group Inc.
- Interface Inc.
- AHF LLC
- Gerflor SAS
- Congoleum
- Mannington Mills Inc.
- Forbo Holding AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published and advised several client across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organization are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.