Global LVT Flooring Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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.

Scope of the Report:
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.
According to our research and analysis, manufacturers from USA and Europe are the major leaders in the international market of LVT flooring. Armstrong, Mannington Mills, Tarkett, Congoleum, Mohawk, and Metroflor are all famous companies in the world, Tarkett is the biggest manufacturer in the world with sale volume of 26116 K Sq.m in 2017.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, LVT flooring consumption will show a trend of steady growth. In 2024, the consumption of LVT Flooring is estimated to be 507008 K Sq.m.
The worldwide market for LVT Flooring is expected to grow at a CAGR of roughly 10.0% over the next five years, will reach 6953.8 million US$ in 2024, from 4308.3 million US$ in 2019, according to a new study.
This report focuses on the LVT Flooring in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
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

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Flexible LVT Flooring
Rigid LVT Flooring

Market Segment by Applications, can be divided into
Commercial Use
Residential Use

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe LVT Flooring product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of LVT Flooring, with price, sales, revenue and global market share of LVT Flooring in 2017 and 2018.
Chapter 3, the LVT Flooring competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the LVT Flooring breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, LVT Flooring market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe LVT Flooring sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

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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