Global Luxury Vinyl Flooring LVT Market Research Report 2023(Status and Outlook)

Global Luxury Vinyl Flooring LVT Market Research Report 2023(Status and Outlook)



Report Overview

For gorgeous, elevated luxury in the home, the sophistication and timelessness of hardwood flooring is often a first choice among homeowners. In addition to lasting for decades with proper care, homes with wood flooring retain their value better, sell more quickly, and tend to sell for more. But wood flooring has drawbacks. That’s why luxury vinyl flooring is becoming increasingly popular with homeowners.

Note: The data of the manufacturer in this report is based on the data of the terminal brand. At present, a large number of LVT factories are located in China and South Korea. A large number of factories in this region export LVT to the world, but most of them are sold through the trademarks of other companies. Leading players such as Tarkett, Armstrong, Mohawk and Mannington Mills have products made by Chinese players. Therefore, for statistical purposes, the data in this report is based on the final sales brand or the player’s own brand.

The major players in global Luxury Vinyl Flooring (LVT) market include Tarkett, Armstrong, Mohawk, etc. The top 3 players occupy over 10% shares of the global market. North America and Europe are main markets, they occupy over 80% of the global market. Dry-Back LVT is the main type, with a share about 40%. Residential Use is the main application, which holds a share about 75%.

The Global Luxury Vinyl Flooring LVT Market Size was estimated at USD 8492.00 million in 2022 and is projected to reach USD 16867.03 million by 2029, exhibiting a CAGR of 10.30% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Luxury Vinyl Flooring LVT market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Luxury Vinyl Flooring LVT Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Luxury Vinyl Flooring LVT market in any manner.

Global Luxury Vinyl Flooring LVT Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Tarkett

Armstrong

Mohawk

Mannington Mills

Congoleum

Gerflor

Metroflor

Forbo

Shaw Floors

NOX Corporation

Karndean

LG Hausys

Beaulieu

Novalis

Milliken

Polyflor

Market Segmentation (by Type)

Dry-Back LVT

Loose-Lay LVT

SPC

WPC

Market Segmentation (by Application)

Cervical Cancer Diagnostic

Physical Examination

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Luxury Vinyl Flooring LVT Market

Overview of the regional outlook of the Luxury Vinyl Flooring LVT Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Luxury Vinyl Flooring LVT
1.2 Key Market Segments
1.2.1 Luxury Vinyl Flooring LVT Segment by Type
1.2.2 Luxury Vinyl Flooring LVT Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Luxury Vinyl Flooring LVT Market Overview
2.1 Global Market Overview
2.1.1 Global Luxury Vinyl Flooring LVT Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Luxury Vinyl Flooring LVT Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Luxury Vinyl Flooring LVT Market Competitive Landscape
3.1 Global Luxury Vinyl Flooring LVT Sales by Manufacturers (2018-2023)
3.2 Global Luxury Vinyl Flooring LVT Revenue Market Share by Manufacturers (2018-2023)
3.3 Luxury Vinyl Flooring LVT Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Luxury Vinyl Flooring LVT Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Luxury Vinyl Flooring LVT Sales Sites, Area Served, Product Type
3.6 Luxury Vinyl Flooring LVT Market Competitive Situation and Trends
3.6.1 Luxury Vinyl Flooring LVT Market Concentration Rate
3.6.2 Global 5 and 10 Largest Luxury Vinyl Flooring LVT Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Luxury Vinyl Flooring LVT Industry Chain Analysis
4.1 Luxury Vinyl Flooring LVT Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Luxury Vinyl Flooring LVT Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Luxury Vinyl Flooring LVT Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Luxury Vinyl Flooring LVT Sales Market Share by Type (2018-2023)
6.3 Global Luxury Vinyl Flooring LVT Market Size Market Share by Type (2018-2023)
6.4 Global Luxury Vinyl Flooring LVT Price by Type (2018-2023)
7 Luxury Vinyl Flooring LVT Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Luxury Vinyl Flooring LVT Market Sales by Application (2018-2023)
7.3 Global Luxury Vinyl Flooring LVT Market Size (M USD) by Application (2018-2023)
7.4 Global Luxury Vinyl Flooring LVT Sales Growth Rate by Application (2018-2023)
8 Luxury Vinyl Flooring LVT Market Segmentation by Region
8.1 Global Luxury Vinyl Flooring LVT Sales by Region
8.1.1 Global Luxury Vinyl Flooring LVT Sales by Region
8.1.2 Global Luxury Vinyl Flooring LVT Sales Market Share by Region
8.2 North America
8.2.1 North America Luxury Vinyl Flooring LVT Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Luxury Vinyl Flooring LVT Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Luxury Vinyl Flooring LVT Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Luxury Vinyl Flooring LVT Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Luxury Vinyl Flooring LVT Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Tarkett
9.1.1 Tarkett Luxury Vinyl Flooring LVT Basic Information
9.1.2 Tarkett Luxury Vinyl Flooring LVT Product Overview
9.1.3 Tarkett Luxury Vinyl Flooring LVT Product Market Performance
9.1.4 Tarkett Business Overview
9.1.5 Tarkett Luxury Vinyl Flooring LVT SWOT Analysis
9.1.6 Tarkett Recent Developments
9.2 Armstrong
9.2.1 Armstrong Luxury Vinyl Flooring LVT Basic Information
9.2.2 Armstrong Luxury Vinyl Flooring LVT Product Overview
9.2.3 Armstrong Luxury Vinyl Flooring LVT Product Market Performance
9.2.4 Armstrong Business Overview
9.2.5 Armstrong Luxury Vinyl Flooring LVT SWOT Analysis
9.2.6 Armstrong Recent Developments
9.3 Mohawk
9.3.1 Mohawk Luxury Vinyl Flooring LVT Basic Information
9.3.2 Mohawk Luxury Vinyl Flooring LVT Product Overview
9.3.3 Mohawk Luxury Vinyl Flooring LVT Product Market Performance
9.3.4 Mohawk Business Overview
9.3.5 Mohawk Luxury Vinyl Flooring LVT SWOT Analysis
9.3.6 Mohawk Recent Developments
9.4 Mannington Mills
9.4.1 Mannington Mills Luxury Vinyl Flooring LVT Basic Information
9.4.2 Mannington Mills Luxury Vinyl Flooring LVT Product Overview
9.4.3 Mannington Mills Luxury Vinyl Flooring LVT Product Market Performance
9.4.4 Mannington Mills Business Overview
9.4.5 Mannington Mills Luxury Vinyl Flooring LVT SWOT Analysis
9.4.6 Mannington Mills Recent Developments
9.5 Congoleum
9.5.1 Congoleum Luxury Vinyl Flooring LVT Basic Information
9.5.2 Congoleum Luxury Vinyl Flooring LVT Product Overview
9.5.3 Congoleum Luxury Vinyl Flooring LVT Product Market Performance
9.5.4 Congoleum Business Overview
9.5.5 Congoleum Luxury Vinyl Flooring LVT SWOT Analysis
9.5.6 Congoleum Recent Developments
9.6 Gerflor
9.6.1 Gerflor Luxury Vinyl Flooring LVT Basic Information
9.6.2 Gerflor Luxury Vinyl Flooring LVT Product Overview
9.6.3 Gerflor Luxury Vinyl Flooring LVT Product Market Performance
9.6.4 Gerflor Business Overview
9.6.5 Gerflor Recent Developments
9.7 Metroflor
9.7.1 Metroflor Luxury Vinyl Flooring LVT Basic Information
9.7.2 Metroflor Luxury Vinyl Flooring LVT Product Overview
9.7.3 Metroflor Luxury Vinyl Flooring LVT Product Market Performance
9.7.4 Metroflor Business Overview
9.7.5 Metroflor Recent Developments
9.8 Forbo
9.8.1 Forbo Luxury Vinyl Flooring LVT Basic Information
9.8.2 Forbo Luxury Vinyl Flooring LVT Product Overview
9.8.3 Forbo Luxury Vinyl Flooring LVT Product Market Performance
9.8.4 Forbo Business Overview
9.8.5 Forbo Recent Developments
9.9 Shaw Floors
9.9.1 Shaw Floors Luxury Vinyl Flooring LVT Basic Information
9.9.2 Shaw Floors Luxury Vinyl Flooring LVT Product Overview
9.9.3 Shaw Floors Luxury Vinyl Flooring LVT Product Market Performance
9.9.4 Shaw Floors Business Overview
9.9.5 Shaw Floors Recent Developments
9.10 NOX Corporation
9.10.1 NOX Corporation Luxury Vinyl Flooring LVT Basic Information
9.10.2 NOX Corporation Luxury Vinyl Flooring LVT Product Overview
9.10.3 NOX Corporation Luxury Vinyl Flooring LVT Product Market Performance
9.10.4 NOX Corporation Business Overview
9.10.5 NOX Corporation Recent Developments
9.11 Karndean
9.11.1 Karndean Luxury Vinyl Flooring LVT Basic Information
9.11.2 Karndean Luxury Vinyl Flooring LVT Product Overview
9.11.3 Karndean Luxury Vinyl Flooring LVT Product Market Performance
9.11.4 Karndean Business Overview
9.11.5 Karndean Recent Developments
9.12 LG Hausys
9.12.1 LG Hausys Luxury Vinyl Flooring LVT Basic Information
9.12.2 LG Hausys Luxury Vinyl Flooring LVT Product Overview
9.12.3 LG Hausys Luxury Vinyl Flooring LVT Product Market Performance
9.12.4 LG Hausys Business Overview
9.12.5 LG Hausys Recent Developments
9.13 Beaulieu
9.13.1 Beaulieu Luxury Vinyl Flooring LVT Basic Information
9.13.2 Beaulieu Luxury Vinyl Flooring LVT Product Overview
9.13.3 Beaulieu Luxury Vinyl Flooring LVT Product Market Performance
9.13.4 Beaulieu Business Overview
9.13.5 Beaulieu Recent Developments
9.14 Novalis
9.14.1 Novalis Luxury Vinyl Flooring LVT Basic Information
9.14.2 Novalis Luxury Vinyl Flooring LVT Product Overview
9.14.3 Novalis Luxury Vinyl Flooring LVT Product Market Performance
9.14.4 Novalis Business Overview
9.14.5 Novalis Recent Developments
9.15 Milliken
9.15.1 Milliken Luxury Vinyl Flooring LVT Basic Information
9.15.2 Milliken Luxury Vinyl Flooring LVT Product Overview
9.15.3 Milliken Luxury Vinyl Flooring LVT Product Market Performance
9.15.4 Milliken Business Overview
9.15.5 Milliken Recent Developments
9.16 Polyflor
9.16.1 Polyflor Luxury Vinyl Flooring LVT Basic Information
9.16.2 Polyflor Luxury Vinyl Flooring LVT Product Overview
9.16.3 Polyflor Luxury Vinyl Flooring LVT Product Market Performance
9.16.4 Polyflor Business Overview
9.16.5 Polyflor Recent Developments
10 Luxury Vinyl Flooring LVT Market Forecast by Region
10.1 Global Luxury Vinyl Flooring LVT Market Size Forecast
10.2 Global Luxury Vinyl Flooring LVT Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Luxury Vinyl Flooring LVT Market Size Forecast by Country
10.2.3 Asia Pacific Luxury Vinyl Flooring LVT Market Size Forecast by Region
10.2.4 South America Luxury Vinyl Flooring LVT Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Luxury Vinyl Flooring LVT by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Luxury Vinyl Flooring LVT Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Luxury Vinyl Flooring LVT by Type (2024-2029)
11.1.2 Global Luxury Vinyl Flooring LVT Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Luxury Vinyl Flooring LVT by Type (2024-2029)
11.2 Global Luxury Vinyl Flooring LVT Market Forecast by Application (2024-2029)
11.2.1 Global Luxury Vinyl Flooring LVT Sales (K Units) Forecast by Application
11.2.2 Global Luxury Vinyl Flooring LVT Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings