Global PVC Tile Flooring Market Growth 2024-2030
Polyvinyl chloride (PVC) tiles are a commonly used floor finish made from polyvinyl chloride. Due to the small size of the tiles, usually 150 mm, 225 mm and 305 mm, any damage can soon be repaired by replacing individual tiles.
The global PVC Tile Flooring market size is projected to grow from US$ 10670 million in 2024 to US$ 15070 million in 2030; it is expected to grow at a CAGR of 5.9% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “PVC Tile Flooring Industry Forecast” looks at past sales and reviews total world PVC Tile Flooring sales in 2023, providing a comprehensive analysis by region and market sector of projected PVC Tile Flooring sales for 2024 through 2030. With PVC Tile Flooring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PVC Tile Flooring industry.
This Insight Report provides a comprehensive analysis of the global PVC Tile 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 PVC Tile Flooring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PVC Tile Flooring market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PVC Tile 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 PVC Tile Flooring.
The driving factors for PVC tile flooring include:
1. Durability: PVC tile flooring is highly durable and can withstand heavy foot traffic, making it a popular choice for commercial and high-traffic areas such as offices, schools, hospitals, and retail spaces.
2. Cost-effectiveness: PVC tile flooring is relatively affordable compared to other flooring options such as hardwood or ceramic tiles. Its lower cost, combined with its long lifespan, makes it an attractive option for budget-conscious consumers.
3. Easy installation: PVC tile flooring is easy to install, either through self-adhesive backing or by using glue. This makes it a convenient option for both professional installers and DIY enthusiasts, reducing installation time and costs.
4. Low maintenance: PVC tile flooring is easy to clean and maintain. It resists staining, scratches, and water damage, reducing the need for costly repairs or replacement. Regular sweeping and occasional mopping are usually sufficient to keep the PVC tile flooring in good condition.
5. Design versatility: PVC tile flooring is available in a wide range of colors, patterns, and designs, allowing for customization and versatility in interior design. This makes it possible to achieve various aesthetic styles and match different décor themes.
6. Comfort and noise reduction: PVC tile flooring offers cushioning and insulation properties, providing a comfortable walking surface and reducing noise transmission. It can be particularly beneficial in spaces where noise reduction is essential, such as offices or residential areas.
7. Environmental sustainability: PVC tile flooring can be manufactured using recycled materials, making it an environmentally friendly flooring option. Additionally, PVC tile flooring is usually recyclable at the end of its lifespan, contributing to waste reduction and sustainability efforts.
This report presents a comprehensive overview, market shares, and growth opportunities of PVC Tile Flooring market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
150 mm
225 mm
305 mm
Other
Segmentation by Application:
Household
Commercial
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 analysing the company's coverage, product portfolio, its market penetration.
LG Hausys
Armstrong
Gerflor
Tarkett
BONIE
Polyflor
Hanwha
Forbo
MONDO
Bor Flor
Golden Mouse
Key Questions Addressed in this Report
What is the 10-year outlook for the global PVC Tile Flooring market?
What factors are driving PVC Tile Flooring market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PVC Tile Flooring market opportunities vary by end market size?
How does PVC Tile Flooring break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.