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Global Luxury Vinyl Flooring (LVT) Market to Observe Strong Development by 2024

02-05-2019 10:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market.Biz

Global Luxury Vinyl Flooring (LVT) Market to Observe Strong

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.

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Scope of the Report:
This report focuses on the Luxury Vinyl Flooring (LVT) 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.
Luxury vinyl flooring is well received in the world in recent years, the sale volume of luxury vinyl flooring increased from 101068 K Sq.m. in 2012 to 214142 K Sq.m. in 2017, with an average growth rate of more than 16.22%. North America, Europe and Asia-Pacific are the main consumption regions. USA is the biggest consumption country in the world followed by Korea and Germany. Though China is a populous country, the consumption volume is relatively small compared to Korea in Asia, which also means the huge potential in China market in the future.
Luxury vinyl flooring downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.54% of total downstream consumption volume of luxury vinyl flooring in global in 2016.
The worldwide market for Luxury Vinyl Flooring (LVT) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers
Tarkett
Armstrong
Mannington Mills
NOX Corporation
LG Hausys
Congoleum
Mohawk
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 Luxury Vinyl Tile (LVT)
Rigid Luxury Vinyl Tile (LVT)

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

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There are 15 Chapters to deeply display the global Luxury Vinyl Flooring (LVT) market.
Chapter 1 to describe Luxury Vinyl Flooring (LVT) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Luxury Vinyl Flooring (LVT), with sales, revenue, and price of Luxury Vinyl Flooring (LVT), in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Luxury Vinyl Flooring (LVT), for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Luxury Vinyl Flooring (LVT) market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Luxury Vinyl Flooring (LVT) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

For More Details : https://market.biz/report/global-luxury-vinyl-flooring-market-gir/81766/

Market.Biz has access to the world’s most comprehensive and up-to-date databases in your business sector, including countless market reports that can provide you with valuable data relating to your business. We understand the needs of our clients, and keep our reports updated as market requirement changes.

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