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Global Vinyl Flooring Market, Opportunities and Forecasts, 2024 - Popularity of Rigid LVT, Emergence of Hybrid LVT Products, Realistic Look Design Innovation

Research and Markets Logo

News provided by

Research and Markets

Sep 03, 2019, 16:30 ET

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DUBLIN, Sept. 3, 2019 /PRNewswire/ -- The "Global Vinyl Flooring Market (Volume, Value): World Market Review By Product Type (Luxury Vinyl Tile, Vinyl Sheet, Vinyl Composition Tile), End User Sector, Sales Channel, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)" report has been added to ResearchAndMarkets.com's offering.

Global Vinyl Flooring Market was valued at USD 20.5 Billion in the year 2018

Key factors driving high demand of Vinyl floorings includes product performance, water resistance, durability and growing adoption in developed and developing countries.

Additionally, growth in per capita income and development in re-modelling activities and new construction of residential buildings boost the demand of Vinyl floorings. These markets are influenced by many factors including changing consumer preferences, consumer confidence, spending for durable goods, interest rates, inflation and availability of credit, turnover in housing and the overall strength of the economy.

Demand of LVT vinyl flooring product segment has been growing rapidly from the last few years. LVT is taking share from other flooring products and is becoming a significantly larger part of flooring company's portfolio. LVT is an extremely attractive opportunity for many flooring manufacturers with the category currently growing at more than 20 percent growth per year. The multiple product variations, with different visuals and benefits, provide unique solutions for different consumer needs.

The LVT technology can mimic virtually any look and offers many attractive performance attributes: it's waterproof and affordable to install in comparison to other flooring surfaces makes it a preferred choice. Vinyl sheet and VCT were adversely impacted by the product cannibalization effect of LVT.

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Strategic Recommendations

4. Global Flooring: Market Outlook

5. Global Vinyl Flooring: Market Outlook

6. Global Vinyl Flooring: Product Outlook

7. Global Vinyl Flooring: Market Dynamics
7.1 Market Trends
7.1.1 Popularity of Rigid LVT
7.1.2 Emergence of Hybrid LVT products
7.1.3 Realistic look design Innovation
7.2 Global Vinyl Flooring Market Drivers
7.2.1 Rising remodeling construction activities
7.2.2 Rising Disposable Income and Capital spending
7.2.3 Attractive visual and performance attributes
7.2.4 Escalating penetration rate in non-residential segment
7.3 Global Vinyl Flooring: Market Restraints
7.4 Global Vinyl Flooring: Market Risks
7.5 Global Vinyl Flooring: Competitive Landscape
7.5.1 Product Benchmarking
7.5.2 Supply Chain Analysis
7.5.3 Porter's Five Force Analysis
7.5.4 SWOT Analysis
8.Market Share of Leading Global Companies

9. Global Vinyl Flooring Market Analysis
9.1 Global Vinyl Flooring Market: By Volume (Million Square Meter): Year 2014-2024
9.2 Global Vinyl Flooring Market: By Value (USD Million): Year 2014-2024
9.3 Global Vinyl Flooring Market -Segmental Analysis: By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Vinyl Composition Tile): By Volume, 2014-2024
9.4 Global Vinyl Flooring Market - Segmental Analysis: By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Vinyl Composition Tile): By Value, 2014-2024
9.5 Market Opportunity Chart of Global Vinyl Flooring Market - By Product Type, By Volume
9.6 Global Vinyl Flooring Market -Segmental Analysis: By End User Sector (Office, Retail, Healthcare, Hospitality, Residential, Others): By Volume, 2014-2024
9.7 Global Vinyl Flooring Market -Segmental Analysis: By End User Sector (Office, Retail, Healthcare, Hospitality, Residential, Others): By Value, 2014-2024
9.8 Market Opportunity Chart of Global Vinyl Flooring Market - By End User Sector, By Volume
9.9 Global Vinyl Flooring Market -Segmental Analysis: By Sales Channel (Distributor, Home Centers, Direct Sales/Contractors): By Volume, 2014-2024
9.10 Global Vinyl Flooring Market -Segmental Analysis: By Sales Channel (Distributor, Home Centers, Direct Sales/Contractors ): By Value, 2014-2024
9.11 Market Opportunity Chart of Global Vinyl Flooring Market - By Sales Channel, By Volume
10.Global Vinyl Flooring Market: Regional Analysis
10.1 Global Vinyl Flooring Market: Regional Share - By Volume: Year 2018 & 2024
10.2 Global Vinyl Flooring Market: Regional Share - By Value: Year 2018 & 2024
10.3 Market Opportunity Chart of Global Vinyl Flooring Market - By Region, By Volume

11. North America Vinyl Flooring Market Analysis

12. Europe Vinyl Flooring Market Analysis

13. Asia Pacific Vinyl Flooring Market Analysis

14. LAMEA Vinyl Flooring Market Analysis

15. Company Profiles

  • Interface
  • Mohawk Industries
  • Tarkett
  • Balta Group
  • Forbo
  • Armstrong Flooring
  • Shaw Industries
  • Mannington
  • Milliken & Company
  • Beaulieu International Group

For more information about this report visit https://www.researchandmarkets.com/r/y7ym7v

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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http://www.researchandmarkets.com

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