Global Luxury Vinyl Tile (LVT) Market Insights, Forecast to 2025

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 flooring downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 64.83% of total downstream consumption volume of luxury vinyl flooring in global in 2016.
According to the type, it can be divided into Flexible Luxury Vinyl Tile (LVT) and Rigid Luxury Vinyl Tile (LVT). Flexible Luxury Vinyl Tile (LVT) is the main product, capturing about 67.57% of global consumption of luxury vinyl flooring in 2016.
Global Luxury Vinyl Tile (LVT) market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Luxury Vinyl Tile (LVT).

This report researches the worldwide Luxury Vinyl Tile (LVT) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Luxury Vinyl Tile (LVT) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Tarkett
Armstrong
Mannington Mills
NOX Corporation
LG Hausys
Congoleum
Mohawk
Gerflor
Forbo
Beaulieu
RiL
Metroflor
Milliken
Polyflor
Karndean
Parterre
Snmo LVT
Hailide New Material

Luxury Vinyl Tile (LVT) Breakdown Data by Type
Flexible Luxury Vinyl Tile (LVT)
Rigid Luxury Vinyl Tile (LVT)
Luxury Vinyl Tile (LVT) Breakdown Data by Application
Commercial Use
Residential Use

Luxury Vinyl Tile (LVT) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

Luxury Vinyl Tile (LVT) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Luxury Vinyl Tile (LVT) capacity, production, value, consumption, status and forecast;
To focus on the key Luxury Vinyl Tile (LVT) manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Luxury Vinyl Tile (LVT) :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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