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

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



Report Overview

LVT is an acronym for ""luxury vinyl tile."" It is a marketing term used by numerous companies to describe their vinyl flooring that is decoratively patterned to emulate the look of natural wood, granite or other types of flooring. There is no exact definition of the term, only generalities. It is not actually a separate category of tiling, simply a way of describing standard vinyl tiling that has been designed to match natural flooring.

Luxury Vinyl Tile (LVT) downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.95% of total downstream consumption volume of Luxury Vinyl Tile (LVT) in global in 2019. According to the type, it can be divided into Loose-lay LVT, Dry-back LVT, SPC, WPC, etc. Dry-back LVT is the main product, capturing about 55.55% of global consumption of Luxury Vinyl Tile (LVT) in 2019. Today’s industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.

The Global Luxury Vinyl Tile LVT Market Size was estimated at USD 8162.00 million in 2022 and is projected to reach USD 18731.19 million by 2029, exhibiting a CAGR of 12.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Luxury Vinyl Tile 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 Tile 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 Tile LVT market in any manner.

Global Luxury Vinyl Tile 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

Forbo

Shaw Floors

Metroflor

Karndean

Beaulieu

LG Hausys

Milliken

NOX Corporation

Novalis

Polyflor

Market Segmentation (by Type)

Loose-lay LVT

Dry-back LVT

SPC

WPC

Others

Market Segmentation (by Application)

Rubber Additives & Antioxidants

Polymers

Others

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 Tile LVT Market

Overview of the regional outlook of the Luxury Vinyl Tile 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 Tile LVT
1.2 Key Market Segments
1.2.1 Luxury Vinyl Tile LVT Segment by Type
1.2.2 Luxury Vinyl Tile 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 Tile LVT Market Overview
2.1 Global Market Overview
2.1.1 Global Luxury Vinyl Tile LVT Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Luxury Vinyl Tile LVT Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Luxury Vinyl Tile LVT Market Competitive Landscape
3.1 Global Luxury Vinyl Tile LVT Sales by Manufacturers (2018-2023)
3.2 Global Luxury Vinyl Tile LVT Revenue Market Share by Manufacturers (2018-2023)
3.3 Luxury Vinyl Tile LVT Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Luxury Vinyl Tile LVT Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Luxury Vinyl Tile LVT Sales Sites, Area Served, Product Type
3.6 Luxury Vinyl Tile LVT Market Competitive Situation and Trends
3.6.1 Luxury Vinyl Tile LVT Market Concentration Rate
3.6.2 Global 5 and 10 Largest Luxury Vinyl Tile LVT Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Luxury Vinyl Tile LVT Industry Chain Analysis
4.1 Luxury Vinyl Tile 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 Tile 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 Tile LVT Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Luxury Vinyl Tile LVT Sales Market Share by Type (2018-2023)
6.3 Global Luxury Vinyl Tile LVT Market Size Market Share by Type (2018-2023)
6.4 Global Luxury Vinyl Tile LVT Price by Type (2018-2023)
7 Luxury Vinyl Tile LVT Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Luxury Vinyl Tile LVT Market Sales by Application (2018-2023)
7.3 Global Luxury Vinyl Tile LVT Market Size (M USD) by Application (2018-2023)
7.4 Global Luxury Vinyl Tile LVT Sales Growth Rate by Application (2018-2023)
8 Luxury Vinyl Tile LVT Market Segmentation by Region
8.1 Global Luxury Vinyl Tile LVT Sales by Region
8.1.1 Global Luxury Vinyl Tile LVT Sales by Region
8.1.2 Global Luxury Vinyl Tile LVT Sales Market Share by Region
8.2 North America
8.2.1 North America Luxury Vinyl Tile 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 Tile 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 Tile 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 Tile 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 Tile 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 Tile LVT Basic Information
9.1.2 Tarkett Luxury Vinyl Tile LVT Product Overview
9.1.3 Tarkett Luxury Vinyl Tile LVT Product Market Performance
9.1.4 Tarkett Business Overview
9.1.5 Tarkett Luxury Vinyl Tile LVT SWOT Analysis
9.1.6 Tarkett Recent Developments
9.2 Armstrong
9.2.1 Armstrong Luxury Vinyl Tile LVT Basic Information
9.2.2 Armstrong Luxury Vinyl Tile LVT Product Overview
9.2.3 Armstrong Luxury Vinyl Tile LVT Product Market Performance
9.2.4 Armstrong Business Overview
9.2.5 Armstrong Luxury Vinyl Tile LVT SWOT Analysis
9.2.6 Armstrong Recent Developments
9.3 Mohawk
9.3.1 Mohawk Luxury Vinyl Tile LVT Basic Information
9.3.2 Mohawk Luxury Vinyl Tile LVT Product Overview
9.3.3 Mohawk Luxury Vinyl Tile LVT Product Market Performance
9.3.4 Mohawk Business Overview
9.3.5 Mohawk Luxury Vinyl Tile LVT SWOT Analysis
9.3.6 Mohawk Recent Developments
9.4 Mannington Mills
9.4.1 Mannington Mills Luxury Vinyl Tile LVT Basic Information
9.4.2 Mannington Mills Luxury Vinyl Tile LVT Product Overview
9.4.3 Mannington Mills Luxury Vinyl Tile LVT Product Market Performance
9.4.4 Mannington Mills Business Overview
9.4.5 Mannington Mills Luxury Vinyl Tile LVT SWOT Analysis
9.4.6 Mannington Mills Recent Developments
9.5 Congoleum
9.5.1 Congoleum Luxury Vinyl Tile LVT Basic Information
9.5.2 Congoleum Luxury Vinyl Tile LVT Product Overview
9.5.3 Congoleum Luxury Vinyl Tile LVT Product Market Performance
9.5.4 Congoleum Business Overview
9.5.5 Congoleum Luxury Vinyl Tile LVT SWOT Analysis
9.5.6 Congoleum Recent Developments
9.6 Gerflor
9.6.1 Gerflor Luxury Vinyl Tile LVT Basic Information
9.6.2 Gerflor Luxury Vinyl Tile LVT Product Overview
9.6.3 Gerflor Luxury Vinyl Tile LVT Product Market Performance
9.6.4 Gerflor Business Overview
9.6.5 Gerflor Recent Developments
9.7 Forbo
9.7.1 Forbo Luxury Vinyl Tile LVT Basic Information
9.7.2 Forbo Luxury Vinyl Tile LVT Product Overview
9.7.3 Forbo Luxury Vinyl Tile LVT Product Market Performance
9.7.4 Forbo Business Overview
9.7.5 Forbo Recent Developments
9.8 Shaw Floors
9.8.1 Shaw Floors Luxury Vinyl Tile LVT Basic Information
9.8.2 Shaw Floors Luxury Vinyl Tile LVT Product Overview
9.8.3 Shaw Floors Luxury Vinyl Tile LVT Product Market Performance
9.8.4 Shaw Floors Business Overview
9.8.5 Shaw Floors Recent Developments
9.9 Metroflor
9.9.1 Metroflor Luxury Vinyl Tile LVT Basic Information
9.9.2 Metroflor Luxury Vinyl Tile LVT Product Overview
9.9.3 Metroflor Luxury Vinyl Tile LVT Product Market Performance
9.9.4 Metroflor Business Overview
9.9.5 Metroflor Recent Developments
9.10 Karndean
9.10.1 Karndean Luxury Vinyl Tile LVT Basic Information
9.10.2 Karndean Luxury Vinyl Tile LVT Product Overview
9.10.3 Karndean Luxury Vinyl Tile LVT Product Market Performance
9.10.4 Karndean Business Overview
9.10.5 Karndean Recent Developments
9.11 Beaulieu
9.11.1 Beaulieu Luxury Vinyl Tile LVT Basic Information
9.11.2 Beaulieu Luxury Vinyl Tile LVT Product Overview
9.11.3 Beaulieu Luxury Vinyl Tile LVT Product Market Performance
9.11.4 Beaulieu Business Overview
9.11.5 Beaulieu Recent Developments
9.12 LG Hausys
9.12.1 LG Hausys Luxury Vinyl Tile LVT Basic Information
9.12.2 LG Hausys Luxury Vinyl Tile LVT Product Overview
9.12.3 LG Hausys Luxury Vinyl Tile LVT Product Market Performance
9.12.4 LG Hausys Business Overview
9.12.5 LG Hausys Recent Developments
9.13 Milliken
9.13.1 Milliken Luxury Vinyl Tile LVT Basic Information
9.13.2 Milliken Luxury Vinyl Tile LVT Product Overview
9.13.3 Milliken Luxury Vinyl Tile LVT Product Market Performance
9.13.4 Milliken Business Overview
9.13.5 Milliken Recent Developments
9.14 NOX Corporation
9.14.1 NOX Corporation Luxury Vinyl Tile LVT Basic Information
9.14.2 NOX Corporation Luxury Vinyl Tile LVT Product Overview
9.14.3 NOX Corporation Luxury Vinyl Tile LVT Product Market Performance
9.14.4 NOX Corporation Business Overview
9.14.5 NOX Corporation Recent Developments
9.15 Novalis
9.15.1 Novalis Luxury Vinyl Tile LVT Basic Information
9.15.2 Novalis Luxury Vinyl Tile LVT Product Overview
9.15.3 Novalis Luxury Vinyl Tile LVT Product Market Performance
9.15.4 Novalis Business Overview
9.15.5 Novalis Recent Developments
9.16 Polyflor
9.16.1 Polyflor Luxury Vinyl Tile LVT Basic Information
9.16.2 Polyflor Luxury Vinyl Tile LVT Product Overview
9.16.3 Polyflor Luxury Vinyl Tile LVT Product Market Performance
9.16.4 Polyflor Business Overview
9.16.5 Polyflor Recent Developments
10 Luxury Vinyl Tile LVT Market Forecast by Region
10.1 Global Luxury Vinyl Tile LVT Market Size Forecast
10.2 Global Luxury Vinyl Tile LVT Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Luxury Vinyl Tile LVT Market Size Forecast by Country
10.2.3 Asia Pacific Luxury Vinyl Tile LVT Market Size Forecast by Region
10.2.4 South America Luxury Vinyl Tile LVT Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Luxury Vinyl Tile LVT by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Luxury Vinyl Tile LVT Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Luxury Vinyl Tile LVT by Type (2024-2029)
11.1.2 Global Luxury Vinyl Tile LVT Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Luxury Vinyl Tile LVT by Type (2024-2029)
11.2 Global Luxury Vinyl Tile LVT Market Forecast by Application (2024-2029)
11.2.1 Global Luxury Vinyl Tile LVT Sales (K MT) Forecast by Application
11.2.2 Global Luxury Vinyl Tile LVT Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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