(MENAFN- Ameliorate Digital Consultancy)
The luxury vinyl flooring (lvt) market 2023-2029 is an extensive market research report which provides industry analysis with a historical & futuristic outlook for the following parameters; market size, revenue, demand, and supply data. The report includes comprehensive information on the market drivers, key trends and challenges, a deep examination of technology trends, opportunities, value chains, future roadmaps, and strategies. The report consists of SWOT, PESTEL, and Porter's 5-forces analysis frameworks. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the current scenario. MIR ensures qualified and verifiable aspects of market data operating in the real- time scenario.
Luxury Vinyl Flooring (LVT) Market is expected to grow annually at a CAGR of around 11.50%, it was established that the Luxury Vinyl Tile (LVT) market was valued at around USD 19.1 billion in 2022.
Top companies covered in this report: NOX Corporation, Tianzhen Bamboo Flooring, Metroflor, Zhejiang Kingdom, Gerflor, Hailide New Material, Zhangjiagang Yihua Rundong, Mohawk, Beaulieu, Tarkett, Taizhou Huali New Materials, Armstrong, Zhengfu Plastic, Zhangjiagang Elegant Plastics, Shaw Floors, Forbo, LG Hausys, Congoleum, Novalis, Mingart (Lutai) Technology, CFL Flooring, Zhejiang Walrus New Material, Jinka Flooring, Snmo LVT, Mannington Mills, Zhejiang GIMIG Technology,
recent industry updates
NOX, a Global Leader in Flooring, Introduces Bio-Circular Balanced PVC to its Entire Products for the First Time in the World – – Introduced Bio-Circular Balanced PVC saving 114% carbon emission to all products for the first time in the world, presenting a standard for sustainability in the flooring industry
In 2020, Armstrong Flooring launched its Pryzm line of luxury vinyl plank flooring, which features a rigid core and a 20-mil wear layer for durability. In 2021, Mohawk Industries launched its SolidTech LVT line, which features a waterproof core and a scratch-resistant surface. In 2021, Shaw Industries launched its Floorté Pro line of luxury vinyl plank flooring, which features a rigid core and a 30-mil wear layer for durability. Also in 2021, Mannington Mills launched its Adura Rigid Tile line, which features a waterproof core and a realistic tile look.
Request for Free Sample Copy of this report at:
(Get Special Offer: flat 25% discount on this report)
Luxury Vinyl Flooring (LVT) Market Segmentation:
Market Segmentation by Product Type
Dry-Back LVT
Loose-Lay LVT
SPC
WPC
Others
Crucial Applications of the Market are:
Commercial
Residential
the luxury vinyl flooring (lvt) industry has been experiencing significant growth in demand in recent years, driven by several factors such as its durability, affordability, and versatility. here are some key points to consider when analyzing the demand for lvt flooring:
Residential and Commercial Markets : The demand for LVT flooring is driven by both the residential and commercial markets. In the residential market, LVT is increasingly being used in new construction and renovation projects, particularly in high-traffic areas such as entryways, kitchens, and bathrooms. In the commercial market, LVT is popular in retail spaces, hospitality settings, and healthcare facilities due to its durability and ease of maintenance. Product Advancements : LVT flooring has come a long way in terms of product advancements, including new textures, patterns, and colors that closely mimic natural materials such as wood and stone. Additionally, innovations in installation methods and technologies have made LVT flooring easier to install and more cost-effective. Sustainability : Consumers are increasingly concerned about the environmental impact of their purchases, and LVT flooring manufacturers have responded by creating more sustainable products. This includes using recycled materials in the manufacturing process and producing flooring that is recyclable at the end of its life. Economic Factors : The demand for LVT flooring is also impacted by economic factors such as housing starts, remodeling activity, and consumer spending. As the economy continues to recover from the COVID-19 pandemic, these factors are expected to drive demand for LVT flooring. regional outlook:
The report's primary insights into various regions and the major companies involved in each one are provided in this section. When evaluating a region's or country's growth, economic, social, environmental, technological, and political issues have all been taken into account. Additionally, each country's and region's revenue and sales information for the years 2018 through 2029 will be made available to readers.
The market has been divided into four key regions: North America, Europe, Asia-Pacific, and South America. The regional part will include a thorough analysis of important nations like the United States, Germany, the United Kingdom, Italy, France, China, Japan, South Korea, Southeast Asia, and India. Data will be provided for the market estimations using 2022 as the base year, followed by estimates for 2023 and a forecast value for 2029.
Browse Full Report at
detailed toc of global luxury vinyl flooring (lvt) market 2023 by company, regions, type, and application, forecast to 2029
Chapter 1 Luxury Vinyl Flooring (LVT) Market Overview
Chapter 2 Luxury Vinyl Flooring (LVT) Market competition, Overview/Analysis, Strategies
Chapter 3 Market capacity, Production, Revenue (Value) by Regions (2023-2029)
Chapter 4 Luxury Vinyl Flooring (LVT) Market Supply (Production), Consumption, Export, Import (2023-2029)
Chapter 5 Global Luxury Vinyl Flooring (LVT) Market Regional Highlights
Chapter 6 Industry Chain, Sourcing Strategies and Downstream Buyers
Chapter 7 Marketing Strategy Analysis, Distributors/Traders
Chapter 8 Analysis of Market Influence Factors
Chapter 9 Market Decisions in Current Scenarios
Chapter 10 Global Luxury Vinyl Flooring (LVT) Market Forecast (2023-2029)
Chapter 11 Case Studies
Chapter 12 Research Findings and Conclusions
Key questions answered by this report
What is the growth potential of the Luxury Vinyl Flooring (LVT) market? Which product segment will take the lion's share? Which regional market will develop as a pioneer in the coming years? Which application segment will experience strong growth? What growth opportunities might arise in the industry in the years to come? What are the most significant challenges that the Luxury Vinyl Flooring (LVT) market could face in the future? Who are the leading companies in the Luxury Vinyl Flooring (LVT) market? What are the leading trends that are completely impacting the growth of the market? What growth strategies are the players considering to stay in the Luxury Vinyl Flooring (LVT) market?
Conclusion : At the end of the Luxury Vinyl Flooring (LVT) Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segmental analysis is also provided in terms of type and application.
“Russia-Ukraine War Impact 2022: Economic Sanctions Imposed by the United States & its Allies on the Russian Federation Negatively Affected the market
The economic sanctions imposed by the U.S. and its allies on the Russian Federation are expected to affect this industry's growth. Furthermore, the war negatively affected the global industries leading to import and export flow disruptions. The dominance of Russia and roscosmos, a quasi-civilian space agency in the commercial space, affected alternative launch service providers in India, Japan, Europe, and the U.S. These factors negatively affected the market during the war.”
Customization of the report : The report can be customized according to the client's requirements. Get in touch with our sales experts and we'll make sure you get a report that fits your needs.
Connect with Us
Irfan Tamboli (Head of Sales) – MIR
Phone: + 1704 266 3234 | +91-750-707-8687
|
Comments
No comment