Global Luxury Vinyl Tile Floor Covering Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	160 Pages	TechNavio	March, 2024	INF18674301

Best Price Guarantee
Price	from $2,500
Length	160 Pages
Publisher	TechNavio
Published Date	March, 2024
SKU	INF18674301

Global Luxury Vinyl Tile Floor Covering Market 2024-2028

The luxury vinyl tile floor covering market is forecasted to grow by USD 24.01 bn during 2023-2028, accelerating at a CAGR of 11.82% during the forecast period. The report on the luxury vinyl tile floor covering market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for luxury vinyl tiles, booming global construction industry, and low cost and easy maintenance.

Technavio's luxury vinyl tile floor covering market is segmented as below:

By End-user

Non-residential
Residential

By Type

Flexible
Rigid

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the advent of augmented reality (ar) in flooring industry as one of the prime reasons driving the luxury vinyl tile floor covering market growth during the next few years. Also, increasing shift toward resilient flooring and vinyl planks making comeback will lead to sizable demand in the market.

The report on the luxury vinyl tile floor covering market covers the following areas:

Luxury vinyl tile floor covering market sizing
Luxury vinyl tile floor covering market forecast
Luxury vinyl tile floor covering market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury vinyl tile floor covering market vendors that include Beaulieu International Group, Congoleum Corp., EarthWerks, Forbo Management SA, Gerflor Group, Gordon Brothers Commercial and Industrial LLC, Interface Inc., James Halstead plc, LX Hausys Ltd., Milliken and Co., Mohawk Industries, Parador GmbH, Responsive Industries Ltd., Shaw Industries Group Inc., Tarkett, The Dixie Group Inc., Toli Corp., Adore Floors Inc., American Biltrite Inc., Daejin Co. Ltd., and Raskin Industries. Also, the luxury vinyl tile floor covering market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global luxury vinyl tile floor covering market 2018 - 2022
  - Table Historic Market Size – Data Table on global luxury vinyl tile floor covering market 2018 - 2022 ($ million)
- End-user Segment Analysis 2018 - 2022
  - Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
- Type Segment Analysis 2018 - 2022
  - Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Non-residential - Market size and forecast 2023-2028
  - Table Chart on Non-residential - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Non-residential - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Non-residential - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
- Residential - Market size and forecast 2023-2028
  - Table Chart on Residential - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Residential - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Residential - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Residential - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2023-2028 (%)
  - Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Flexible - Market size and forecast 2023-2028
  - Table Chart on Flexible - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Flexible - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Flexible - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Flexible - Year-over-year growth 2023-2028 (%)
- Rigid - Market size and forecast 2023-2028
  - Table Chart on Rigid - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Rigid - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Rigid - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Rigid - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Japan - Market size and forecast 2023-2028
  - Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Japan - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Canada - Market size and forecast 2023-2028
  - Table Chart on Canada - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Canada - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Canada - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Growing demand for luxury vinyl tiles
  - Booming global construction industry
  - Low cost and easy maintenance
- Market challenges
  - Shortage of skilled labor
  - Prevailing high competition from substitutes
  - Environmental impact of vinyl tile floor covering
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Advent of augmented reality (AR) in flooring industry
  - Increasing shift toward resilient flooring
  - Vinyl planks making comeback
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Adore Floors Inc.
  - Table Adore Floors Inc. - Overview
  - Table Adore Floors Inc. - Product / Service
  - Table Adore Floors Inc. - Key offerings
- American Biltrite Inc.
  - Table American Biltrite Inc. - Overview
  - Table American Biltrite Inc. - Product / Service
  - Table American Biltrite Inc. - Key offerings
- Beaulieu International Group
  - Table Beaulieu International Group - Overview
  - Table Beaulieu International Group - Business segments
  - Table Beaulieu International Group - Key offerings
  - Table Beaulieu International Group - Segment focus
- Congoleum Corp.
  - Table Congoleum Corp. - Overview
  - Table Congoleum Corp. - Product / Service
  - Table Congoleum Corp. - Key offerings
- Daejin Co. Ltd.
  - Table Daejin Co. Ltd. - Overview
  - Table Daejin Co. Ltd. - Product / Service
  - Table Daejin Co. Ltd. - Key offerings
- EarthWerks
  - Table EarthWerks - Overview
  - Table EarthWerks - Product / Service
  - Table EarthWerks - Key offerings
- Forbo Management SA
  - Table Forbo Management SA - Overview
  - Table Forbo Management SA - Business segments
  - Table Forbo Management SA - Key offerings
  - Table Forbo Management SA - Segment focus
- Gerflor Group
  - Table Gerflor Group - Overview
  - Table Gerflor Group - Product / Service
  - Table Gerflor Group - Key offerings
- Gordon Brothers Commercial and Industrial LLC
  - Table Gordon Brothers Commercial and Industrial LLC - Overview
  - Table Gordon Brothers Commercial and Industrial LLC - Product / Service
  - Table Gordon Brothers Commercial and Industrial LLC - Key offerings
- Interface Inc.
  - Table Interface Inc. - Overview
  - Table Interface Inc. - Product / Service
  - Table Interface Inc. - Key offerings
- James Halstead plc
  - Table James Halstead plc - Overview
  - Table James Halstead plc - Product / Service
  - Table James Halstead plc - Key offerings
- LX Hausys Ltd.
  - Table LX Hausys Ltd. - Overview
  - Table LX Hausys Ltd. - Product / Service
  - Table LX Hausys Ltd. - Key offerings
- Milliken and Co.
  - Table Milliken and Co. - Overview
  - Table Milliken and Co. - Product / Service
  - Table Milliken and Co. - Key offerings
- Mohawk Industries
  - Table Mohawk Industries - Overview
  - Table Mohawk Industries - Product / Service
  - Table Mohawk Industries - Key offerings
- Parador GmbH
  - Table Parador GmbH - Overview
  - Table Parador GmbH - Product / Service
  - Table Parador GmbH - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations