openPR Logo
Press release

Vinyl Flooring Market will Exhibit a Steady 6.6 % CAGR through 2028

07-30-2018 08:11 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Vinyl Flooring Market will Exhibit a Steady 6.6 % CAGR through

Future Market Insights’ newly published market report, “Vinyl Flooring Market: Global Industry Analysis and Forecast, 2018-2028,” examines the vinyl flooring market and offers crucial market insights for the next ten years. Valuable insights encapsulated in the report highlights that the plank segment is expected to remain a leading segment in the market in terms of format, recording a CAGR of 7.1% during the forecast period (2018 – 2028). In addition, the segment is expected to account for around 40.0% share of the overall market value throughout forecast period. Globally, the vinyl flooring market is projected to reach US$ 41,578.7 Mn by the end of 2028.

Global Vinyl Flooring Market: Key Dynamics

Increasing number of infrastructural activities in both developing and developed countries have continued to contribute towards growth of the global vinyl flooring market. To offer versatile, water-proof and stain-resistant floorings, prominent manufacturers are focusing on utilizing digital printing and 3D printing techniques for developing vinyl planks and products. These technological advancements enable the end users to duplicate any original material, such as gravel, wood, metal and others. For instance, Tarkett in collaboration with Philip lighting has launched LED embedded tiles that can guide people to any location (store/building)

A sample of this report is available upon request @  https://www.futuremarketinsights.com/reports/sample/rep-gb-548

With the increasing number of small and medium business, demand for infrastructure continues to persist. In addition, constructors are focusing on building healthcare infrastructures near the residential areas. In pace with the increasing number of construction projects, growth of the vinyl flooring market is likely to gain a speedy momentum during the assessment period.

To offer convenience to the end users in the residential industry, leading manufacturers are focusing on developing a wide array of vinyl flooring that are waterproof and easy to clean. Also, vinyl flooring is considered as decorative flooring due to the recent upgrades, such as resemblance to ceramic or other contemporary looks (petrified wood or stained concrete). Also, vinyl flooring is preferred for high-traffic areas as it is durable, trendy and available with built-in adhesive

Global Vinyl Flooring Market: Forecast

On the basis of vinyl flooring application, the commercial segment is expected to witness significant growth in terms of volume during the forecast period. As per the forecast, the commercial segment is estimated to account for more than 56.5% share in the overall market value by the end of the forecast period. This is largely due to the massive applications of vinyl flooring in various innovative constructions.

On the basis of region, Western Europe is anticipated to dominate the global vinyl flooring market throughout the forecast period. Western Europe market is expected to expand at around 7.3% CAGR. SEA & Pacific region is anticipated to record robust CAGR in the global vinyl flooring market throughout 2028. These two regions coupled with North America and China are expected to register impressive growth rates in the global vinyl flooring market over the assessment period.

To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/askus/rep-gb-548

Global Vinyl Flooring Market: Competitive Landscape

Some of the players identified in the global vinyl flooring market include Tarkett, AFI Licensing LLC, Mohawk Industries, Inc., Forbo Group, C.I. TAKIRON Corporation, Responsive Industries Ltd., TOLI Corporation, JAMES HALSTEAD PLC, Interface, Inc., Mannington Mills, Inc., Gerflor, Shaw Industries Group, Inc. and among others. Leading players are focusing on incorporating advanced technology to optimize their performance. Vinyl flooring manufacturers are concentrating on strategic acquisitions to broaden their growth prospects in the competitive market. These factors are expected to reflect positively on the growth of the global vinyl flooring market over the coming years.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vinyl Flooring Market will Exhibit a Steady 6.6 % CAGR through 2028 here

News-ID: 1151432 • Views: 185

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Vinyl

Vinyl Ester Market In-depth Analysis Report
Vinyl Ester Market In-depth Analysis Report The global Vinyl Ester market report provided by Global Market Monitor analyzes the industry and major market trends in detail, and divides the market size by volume and value according to application types and geographic locations. The Asia-Pacific region is expected to be the fastest growing vinyl ester market during the forecast period due to strong demand from various industries in China, such as water and
Global Ethylene Vinyl Acetate Market
Global Ethylene Vinyl Acetate Market was valued US$ 6.5 Bn in 2017 and is anticipated to reach US$ 10.4 Bn by 2026 at a CAGR of about 6 % during a forecast. The report on “Ethylene Vinyl Acetate Market” is segmented by Type, by end user industry and by region. Based on type ethylene vinyl acetate market is segmented into low density ethylene vinyl acetate, medium density ethylene vinyl acetate and
Vinyl Toluene Market - Global Industry Analysis 2024
Vinyl toluene is a colorless liquid having an aromatic odor. It is usually sold as a functional monomer or as a mixture of isomers. Vinyl toluene is been used to modify alkyd resins since many years. The addition of vinyl toluene compound provides higher compatibility with both aromatic and aliphatic solvents which enhances the flexibility in formulating paints. Vinyl toluene is extensively used in the paints and coatings applications across
Urbane Living: Mahlia Luxury Vinyl Wallcoverings
London – January 21, 2017. Urbane Living’s Mahlia wallcoverings pay homage to traditional crafts - with a modern twist. Taking inspiration from knitted textiles, the Mahlia collection presents stylish vinyl wallcoverings in a wide range of patterns and textures, from the striking to the subtle. Using the knit texture as a base, the Flowery design contrasts this with a bold flower print for a striking two-tone effect. Available in a
Vinyl signs make for great display material
The world of advertising and brand promotion thrives on creativity and novelty. After all, amidst the clutter of advertisements, if you wish to distinguish your brand, you need to be innovative. Unless something is visually appealing, it does not receive the attention it deserves and many a good brand has suffered due to some deficiency in its visual presentation. The use of vinyl is emerging as a very strong and useful
Vinyl Banners Are Spotless Banners
If you are seriously thinking about your outdoor business promotion, then you should try vinyl banners as soon as possible because banners are one of the most lucrative products. Currently customized vinyl banner has become an obligatory requirement for the modern day businesses all over the world. When you see in your mind's eye about the vinyl banner printing benefits you will be stunned at once because they offer you