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Download Free sampleLVT is an acronym for "luxury vinyl tile." It is a marketing term used by numerous companies to describe their vinyl flooring that is decoratively patterned to emulate the look of natural wood, granite or other types of flooring. There is no exact definition of the term, only generalities. It is not actually a separate category of tiling, simply a way of describing standard vinyl tiling that has been designed to match natural flooring.
LVT Flooring Market contains market size and forecasts of LVT Flooring in global, including the following market information:
Global LVT Flooring Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LVT Flooring Market Sales, 2017-2022, 2023-2028, (K Sq.m)
Global top five LVT Flooring companies in 2021 (%)
The global LVT Flooring market was valued at 7047.3 million in 2021 and is projected to reach US$ 16600 million by 2028, at a CAGR of 13.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Flexible LVT Flooring Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LVT Flooring include Tarkett, Armstrong, Mannington Mills, Mohawk, Congoleum, Gerflor, Forbo, Novalis and LG Hausys, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LVT Flooring manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LVT Flooring Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Sq.m)
Global LVT Flooring Market Segment Percentages, by Type, 2021 (%)
Flexible LVT Flooring
Rigid LVT Flooring
Global LVT Flooring Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Sq.m)
Global LVT Flooring Market Segment Percentages, by Application, 2021 (%)
Commercial Use
Residential Use
Global LVT Flooring Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Sq.m)
Global LVT Flooring Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LVT Flooring revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LVT Flooring revenues share in global market, 2021 (%)
Key companies LVT Flooring sales in global market, 2017-2022 (Estimated), (K Sq.m)
Key companies LVT Flooring sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tarkett
Armstrong
Mannington Mills
Mohawk
Congoleum
Gerflor
Forbo
Novalis
LG Hausys
Karndean
Shaw Floors
CFL Flooring
Beaulieu
NOX Corporation
Metroflor
Milliken
Polyflor
Snmo LVT
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