DUBLIN, March 7, 2019 /PRNewswire/ -- The "Global Vinyl Flooring Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The vinyl flooring market will register a CAGR of over 5% by 2022.
The advent of augmented reality in flooring industry to help the market grow during the forecast period. With the introduction of AR floor visualizer applications in the flooring industry, consumers can modify the design of rooms or homes without the need of view samples physically.
Market Overview
Low cost and easy maintenance
LVT is cost effective by almost thrice the price of hardwood flooring. To maintain hardwood property, one must spend a significant amount in treating and refinishing the material. Thus, commercial and residential builders prefer LVT over other hardwood flooring.
Shortage of skilled labor
The vinyl flooring market is facing severe shortage of labor. Due to the shortage of labors the manufacturers are compelled to turn down the projects and are paying more to retain the existing labor force.
For the detailed list of factors that will drive and challenge the growth of the vinyl flooring market during the 2018-2022, view the report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Mohawk Industries and Tarkett, the competitive environment is quite intense. Factors such as the advent of augmented reality in flooring industry and the low cost and easy maintenance, will provide considerable growth opportunities to vinyl flooring manufactures.
Armstrong Flooring, Berkshire Hathaway, Interface, Mohawk Industries, and Tarkett are some of the major companies covered in this report.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Residential - Market size and forecast 2017-2022
- Commercial - Market size and forecast 2017-2022
- Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas - Market size and forecast 2017-2022
- EMEA - Market size and forecast 2017-2022
- APAC - Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Innovative LVT offerings
- Vinyl planks making a comeback
- Augmented Reality (AR) in flooring industry
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive landscape
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Armstrong Flooring
- Berkshire Hathaway
- Interface
- Mohawk Industries
- Tarkett
PART 15: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/zpkw3m/global_vinyl?w=5
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