Global Luxury Vinyl Plank Flooring Market Growth 2023-2029

Global Luxury Vinyl Plank Flooring Market Growth 2023-2029

Vinyl plank flooring, also called luxury vinyl flooring (LVF), is also 100 percent synthetic, but in these products, the core layer is a thicker, multi-layer PVC vinyl. Luxury vinyl comes in planks or tiles, sometimes called LVP and LVT, respectively. There are glue-down and loose-fit versions available, but also interlocking styles that join together in much the same way as laminate flooring planks.

LPI (LP Information)' newest research report, the “Luxury Vinyl Plank Flooring Industry Forecast” looks at past sales and reviews total world Luxury Vinyl Plank Flooring sales in 2022, providing a comprehensive analysis by region and market sector of projected Luxury Vinyl Plank Flooring sales for 2023 through 2029. With Luxury Vinyl Plank Flooring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luxury Vinyl Plank Flooring industry.

This Insight Report provides a comprehensive analysis of the global Luxury Vinyl Plank Flooring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Luxury Vinyl Plank Flooring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Luxury Vinyl Plank Flooring market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luxury Vinyl Plank Flooring and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Luxury Vinyl Plank Flooring.

The global Luxury Vinyl Plank Flooring market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Luxury Vinyl Plank Flooring is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Luxury Vinyl Plank Flooring is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Luxury Vinyl Plank Flooring is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Luxury Vinyl Plank Flooring players cover Tarkett, Armstrong, Congoleum, Gerflor, Forbo, Novalis, LG Hausys, Karndean and CFL Flooring, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Vinyl Plank Flooring market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Flexible Vinyl Plank Flooring
Rigid Vinyl Plank Flooring

Segmentation by application
Residential Use
Commercial Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tarkett
Armstrong
Congoleum
Gerflor
Forbo
Novalis
LG Hausys
Karndean
CFL Flooring
Beaulieu
NOX Corporation
Metroflor
Milliken
Polyflor
Snmo LVT

Key Questions Addressed in this Report

What is the 10-year outlook for the global Luxury Vinyl Plank Flooring market?

What factors are driving Luxury Vinyl Plank Flooring market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Luxury Vinyl Plank Flooring market opportunities vary by end market size?

How does Luxury Vinyl Plank Flooring break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.