The global vinyl flooring market reached a volume of 950 Million Sq. Metres in 2016, growing at a CAGR of 4% during 2009-2016 and is expected to reach a volume of 1,200 Million Sq. Metres by 2022.
Vinyl flooring, also known as resilient flooring, is made from a combination of natural and synthetic polymer materials which are placed in repeating structural units. It offers a more durable and cost-effective flooring system as compared to the traditional modes of flooring, such as wood, concrete, ceramic and marble. This type of flooring system helps in reducing the impact of heavy objects by creating a cushion-effect; makes the floor less slippery; can withstand water and sunlight; and comes pre-treated for cleaning and infection control. As a result of this, it is widely being used in several places, such as offices, hospitals, malls, hotels, homes, factories, etc.
There are a number of factors owing to which vinyl flooring has emerged as one of the most popular commercial flooring options. The major factor which has contributed in influencing its demand is the availability of different varieties of vinyl flooring options in the market. It is available in different sizes and shapes, such as hexagon and plank. Moreover, manufacturers are also introducing innovative graphic film layers and design versatility to vinyl flooring making it more consumer-friendly.
The report also provides a comprehensive analysis for setting up a vinyl flooring manufacturing plant.
Some of the major players are Mohawk Industries Inc., Tarkett, Armstrong World Industries Inc., Shaw Industries Inc., Mannington Mills Inc., Beaulieu International Group, Gerflor, and Forbo.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Flooring Market
6 Global Vinyl Flooring Market
7 Performance of Key Regions
8 Performance of Key Product Types
9 Performance by Sector
10 Competitive Landscape
11 Vinyl Flooring Manufacturing Process
12 Project Details, Requirements and Costs Involved
13 Vinyl Flooring Manufacturing Plant: Loans and Financial Assistance