Luxury Vinyl Flooring (LVT) Market (Updated Version Available)

The report offers detailed coverage of Luxury Vinyl Flooring (LVT) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Luxury Vinyl Flooring (LVT) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
LVT 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.
Europe is the biggest consumption country in the world followed by USA. Though China is a populous country, the consumption volume is relatively small compared to Korea and Japan in Asia, which also means the huge potential in China market in the future.
LVT flooring downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.04% of total downstream consumption volume of LVT flooring in global in 2017.
According to the type, it can be divided into Flexible LVT Flooring and Rigid LVT Flooring. Flexible LVT Flooring is the main product, capturing about 67.57% of global consumption of LVT flooring in 2017.

The report forecast global Luxury Vinyl Flooring (LVT) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Luxury Vinyl Flooring (LVT) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Armstrong
Mannington Mills
Tarkett
NOX Corporation
LG Hausys
Congoleum
Mohawk
Shaw
Gerflor
Forbo
Beaulieu
RiL
Metroflor
Milliken
Polyflor
Karndean
Parterre
Snmo LVT
Hailide New Material


At the same time, we classify Luxury Vinyl Flooring (LVT) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Flexible Luxury Vinyl Tile (LVT)
Rigid Luxury Vinyl Tile (LVT)
Market by Application
Commercial Use
Residential Use

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Luxury Vinyl Flooring (LVT) market for the forecast period 2021 - 2025?
• What are the driving forces in the Luxury Vinyl Flooring (LVT) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Luxury Vinyl Flooring (LVT) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?