Global Low VOC Vinyl Flooring Supply, Demand and Key Producers, 2023-2029
The global Low VOC Vinyl Flooring market size is expected to reach $ 3813.1 million by 2029, rising at a market growth of 10.8% CAGR during the forecast period (2023-2029).
The low VOC vinyl flooring market is experiencing significant growth due to increasing consumer awareness about the harmful effects of volatile organic compounds (VOCs) emitted by traditional vinyl flooring. Low VOC vinyl flooring is made using eco-friendly materials and has lower levels of VOC emissions, making it a popular choice among environmentally conscious consumers. Major sales regions for low VOC vinyl flooring include North America, Europe, Asia Pacific, and the Middle East and Africa. North America is currently the largest market for low VOC vinyl flooring, driven by stringent regulations regarding VOC emissions and increasing consumer preference for sustainable flooring options. Europe is also witnessing significant growth in the low VOC vinyl flooring market due to the implementation of strict environmental regulations and rising demand for eco-friendly products. The market concentration in the low VOC vinyl flooring industry is relatively high, with a few key players dominating the market. These companies have a strong presence in multiple regions and offer a wide range of low VOC vinyl flooring products. However, the market is also witnessing the entry of new players, especially in emerging economies, which is expected to increase competition in the coming years. Market opportunities in the low VOC vinyl flooring market include the growing demand for sustainable flooring options, increasing construction activities, and the rising popularity of luxury vinyl tiles (LVT). LVT is a type of low VOC vinyl flooring that mimics the look of natural materials like wood and stone, offering a cost-effective and environmentally friendly alternative to traditional flooring options. However, the low VOC vinyl flooring market also faces several challenges. One of the major challenges is the higher cost of low VOC vinyl flooring compared to traditional vinyl flooring. This can deter price-sensitive consumers from opting for low VOC options. Additionally, the availability of alternative eco-friendly flooring options, such as bamboo and cork, can pose a challenge to the growth of the low VOC vinyl flooring market. Overall, the low VOC vinyl flooring market is expected to witness steady growth in the coming years, driven by increasing consumer awareness, stringent regulations, and the demand for sustainable flooring options. However, companies operating in this market need to address the challenges and capitalize on the opportunities to stay competitive and capture a larger market share.
This report studies the global Low VOC Vinyl Flooring production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Low VOC Vinyl Flooring, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Low VOC Vinyl Flooring that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Low VOC Vinyl Flooring total production and demand, 2018-2029, (K Sqm)
Global Low VOC Vinyl Flooring total production value, 2018-2029, (USD Million)
Global Low VOC Vinyl Flooring production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Sqm)
Global Low VOC Vinyl Flooring consumption by region & country, CAGR, 2018-2029 & (K Sqm)
U.S. VS China: Low VOC Vinyl Flooring domestic production, consumption, key domestic manufacturers and share
Global Low VOC Vinyl Flooring production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Sqm)
Global Low VOC Vinyl Flooring production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Sqm)
Global Low VOC Vinyl Flooring production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Sqm).
This reports profiles key players in the global Low VOC Vinyl Flooring market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tarkett, Armstrong, Mohawk, Mannington Mills, Congoleum, Gerflor, Metroflor, Forbo and Shaw Floors, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Low VOC Vinyl Flooring market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Sqm) and average price (US$/Sqm) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Low VOC Vinyl Flooring Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Low VOC Vinyl Flooring Market, Segmentation by Type
Dry-Back Vinyl Flooring
Loose-Lay Vinyl Flooring
WPC (Wood Plastic Composite) Vinyl Flooring
SPC (Stone Plastic Composite) Vinyl Floorings
Global Low VOC Vinyl Flooring Market, Segmentation by Application
Household
Commercial
Companies Profiled:
Tarkett
Armstrong
Mohawk
Mannington Mills
Congoleum
Gerflor
Metroflor
Forbo
Shaw Floors
NOX Corporation
Karndean
LG Hausys
Novalis
Polyflor
Shaw
Cali Flooring
Proximity Mills
Doma
Heartridge
COREtec Flooring
Daltile
Swiss Krono
Key Questions Answered
1. How big is the global Low VOC Vinyl Flooring market?
2. What is the demand of the global Low VOC Vinyl Flooring market?
3. What is the year over year growth of the global Low VOC Vinyl Flooring market?
4. What is the production and production value of the global Low VOC Vinyl Flooring market?
5. Who are the key producers in the global Low VOC Vinyl Flooring market?