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Luxury Vinyl Tiles (LVT) Flooring Market Estimated to Flourish by 2027 - Lead by Armstrong Flooring, Dixie Home, Forbo Flooring Systems, Gerflor Group, LG Hausys, Mannington Mills and Mohawk Industries
Luxury Vinyl Tiles (LVT) Flooring Market
The luxury vinyl tiles flooring or LVT flooring provides durable three-dimensional printing technology to add depth and realism with a high performance wear layer to vinyl tiles. It offers the option of a less permanent flooring compared to wooden or ceramic tiles. Vinyl tiles are resistant to dents, heat, and moisture damage. Increasing per capita income and growing inclination towards luxury living is propelling the growth of the luxury vinyl tiles flooring market in the forecast period.
The luxury vinyl tiles flooring market is anticipated to grow in the forecast period owing to driving factors such as rapidly growing population coupled with increasing urbanization. Also, consumers are seen to develop an inclination towards interior decoration. This factor is further likely to promote market growth in the future. However, increasing environmental concerns may negatively influence the growth of the luxury vinyl tiles flooring market during the forecast period. On the other hand, renovation and remodeling activities are expected to offer symbolic growth prospects for key players operating in the luxury vinyl tiles flooring market.
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Some of The Major Players In Global Market:
1. Armstrong Flooring
2. Dixie Home
3. Forbo Flooring Systems
4. Gerflor Group
5. Interface, Inc.
6. LG Hausys, Ltd.
7. Mannington Mills, Inc.
8. Mohawk Industries
9. Shaw Industries Group, Inc.
10. Tarkett S.A.
Market Segmentation :
The global luxury vinyl tiles flooring market is segmented on the basis of product type and end user. Based on product type, the market is segmented as rigid and flexible. The market on the basis of the end user is classified as residential and non-residential.
Major Factors :
• Global Luxury Vinyl Tiles (LVT) Flooring Market Overview
• Economic Impact on Market
• Market Competition
• Global Luxury Vinyl Tiles (LVT) Flooring Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Luxury Vinyl Tiles (LVT) Flooring Market Effect, Factors, Analysis
• Global Luxury Vinyl Tiles (LVT) Flooring Market Forecast
Luxury Vinyl Tiles (LVT) Flooring Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Luxury Vinyl Tiles (LVT) Flooring Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reasons to Buy the Report :
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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