Global Luxury Vinyl Tile (LVT) Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application
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.
Luxury Vinyl Tile (LVT) downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.95% of total downstream consumption volume of Luxury Vinyl Tile (LVT) in global in 2019. According to the type, it can be divided into Loose-lay LVT, Dry-back LVT, SPC, WPC, etc. Dry-back LVT is the main product, capturing about 55.55% of global consumption of Luxury Vinyl Tile (LVT) in 2019. Today’s industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.
Market Analysis and Insights: Global Luxury Vinyl Tile (LVT) Market
The global Luxury Vinyl Tile (LVT) market size is projected to reach US$ 16640 million by 2026, from US$ 8162 million in 2020, at a CAGR of 12.6% during 2021-2026.
Global Luxury Vinyl Tile (LVT) Scope and Segment
The global Luxury Vinyl Tile (LVT) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Luxury Vinyl Tile (LVT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.
Segment by Type, the Luxury Vinyl Tile (LVT) market is segmented into
Loose-lay LVT
Dry-back LVT
SPC
WPC
Others
Segment by Application, the Luxury Vinyl Tile (LVT) market is segmented into
Commercial Use
Residential Use
Luxury Vinyl Tile (LVT) market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Luxury Vinyl Tile (LVT) business, the date to enter into the Luxury Vinyl Tile (LVT) market, Luxury Vinyl Tile (LVT) product introduction, recent developments, etc.
The major vendors covered:
Tarkett
Armstrong
Mohawk
Mannington Mills
Congoleum
Gerflor
Forbo
Shaw Floors
Metroflor
Karndean
Beaulieu
LG Hausys
Milliken
NOX Corporation
Novalis
Polyflor
Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Luxury Vinyl Tile (LVT) markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Luxury Vinyl Tile (LVT) market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.
Luxury Vinyl Tile (LVT) downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.95% of total downstream consumption volume of Luxury Vinyl Tile (LVT) in global in 2019. According to the type, it can be divided into Loose-lay LVT, Dry-back LVT, SPC, WPC, etc. Dry-back LVT is the main product, capturing about 55.55% of global consumption of Luxury Vinyl Tile (LVT) in 2019. Today’s industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.
Market Analysis and Insights: Global Luxury Vinyl Tile (LVT) Market
The global Luxury Vinyl Tile (LVT) market size is projected to reach US$ 16640 million by 2026, from US$ 8162 million in 2020, at a CAGR of 12.6% during 2021-2026.
Global Luxury Vinyl Tile (LVT) Scope and Segment
The global Luxury Vinyl Tile (LVT) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Luxury Vinyl Tile (LVT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.
Segment by Type, the Luxury Vinyl Tile (LVT) market is segmented into
Loose-lay LVT
Dry-back LVT
SPC
WPC
Others
Segment by Application, the Luxury Vinyl Tile (LVT) market is segmented into
Commercial Use
Residential Use
Luxury Vinyl Tile (LVT) market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Luxury Vinyl Tile (LVT) business, the date to enter into the Luxury Vinyl Tile (LVT) market, Luxury Vinyl Tile (LVT) product introduction, recent developments, etc.
The major vendors covered:
Tarkett
Armstrong
Mohawk
Mannington Mills
Congoleum
Gerflor
Forbo
Shaw Floors
Metroflor
Karndean
Beaulieu
LG Hausys
Milliken
NOX Corporation
Novalis
Polyflor
Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Luxury Vinyl Tile (LVT) markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Luxury Vinyl Tile (LVT) market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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