Luxury Vinyl Tile and Plank Market 2021 Growing Demand, Size and Business Outlook- Armstrong Flooring, Tarkett, Congoleum, Mohawk, Shaw Floors, Forbo, Mannington Mills

Luxury Vinyl Tile and Plank Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)

Click the link to get a Free Sample Copy of the Report @:

https://www.marketinsightsreports.com/reports/12204360685/global-and-japan-luxury-vinyl-tile-and-plank-market-insights-forecast-to-2027/inquiry?Mode=S21

Luxury Vinyl Tile and Plank Market is projected to grow from USD 18.0 billion in 2019 to USD 31.4 billion by 2025, recording a CAGR of 11.7% from 2021-2027.

Markets Segmentation:

Top leading Companies Profiled in Luxury Vinyl Tile and Plank Market Report are Armstrong Flooring, Tarkett, Congoleum, Mohawk, Shaw Floors, Forbo, Mannington Mills, Gerflor, Metroflor, Karndean, LG Hausys, Milliken, Novalis, Polyflor, Zhejiang Kingdom, Tianzhen Bamboo Flooring, Zhangjiagang Elegant Plastics, Zhejiang GIMIG Technology, Zhejiang Walrus New Material, Jinka Flooring, Snmo LVT, Zhangjiagang Yihua Rundong, Taizhou Huali New Materials, Zhengfu Plastic

News and Updates

MSI Launches Everlife Luxury Vinyl Tile- Everlife™ Luxury Vinyl Tile (LVT) from MSI is flush with on-trend looks. Industry-leading warranties — backed by the largest flooring distributor in America — combined with best-in-class ASTM testing performance in sound, slip-resistance, flammability, and safety. One wet zone at a time, these H20-friendly luxury vinyl tiles are redefining the concept of worry-free floors. Top-rated vinyl plank flooring certifications include FloorScore, GreenGuard Gold, and USGBC LEED. Everlife™ from MSI is offered in 9 LVT series and a custom-order program.

Mohawk Group Launches Four New LVT Designs- Mohawk Group announces the expansion of its domestically manufactured 2.5mm LVT platform, Living Local. With four new 12” X 24” designs including stone, terrazzo and abstract textile visuals complimenting the existing 6” X 48” wood, the new styles provide designers with the ultimate flexibility to create vibrant and unique spaces.

MSI Announces the Launch Of Everlife: A Comprehensive Line of Luxury Vinyl Tile (LVT )- ORANGE, Calif., Sept. 13, 2018 /PRNewswire-PRWeb/ -- MSI, North America's Leading Premium Surface Supplier, successfully launched EverlifeTM, a comprehensive line of Luxury Vinyl Tile (LVT) this past month. The company introduced five natural wood look collections in two versatile lines, Waterproof Rigid Core and Dryback Flexible Gluedown. MSI is positioned to meet the demand of the fastest growing segment in flooring with one of the best selections of LVT in the market.

Market overview

Rising demand for low maintenance, cost-efficient, and lightweight construction materials in residential construction is likely to drive the market for vinyl floorings over the forecast period.

Rising demand for the product in high-traffic area construction segments such as offices and commercial spaces is likely to support market growth. The product is considered to be a cost-effective alternative for wood and carpet tiles. Furthermore, superior comfort and noise control offered by these floors are expected to propel their demand in multistory buildings over the projected period.

In the U.S., Luxury Vinyl Tiles (LVT) segment emerged as the largest product category in 2018, accounting for 58.4% of the total market revenue share. Traditionally, soft covering has been dominating the industry in the country. However, changing consumer preferences toward low maintenance flooring solutions are expected to drive the market for vinyl flooring.

Market Segmented By Types

Luxury Vinyl Tiles

Luxury Vinyl Planks

Market Segmented By Applications

Residential Use

Commercial Use

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

Get Benefited discount at:

https://www.marketinsightsreports.com/reports/12204360685/global-and-japan-luxury-vinyl-tile-and-plank-market-insights-forecast-to-2027/discount?Mode=S21

Key Takeaways from Luxury Vinyl Tile and Plank Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Luxury Vinyl Tile and Plank market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Luxury Vinyl Tile and Plank market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Luxury Vinyl Tile and Plank

Buy Now This Report at

https://www.marketinsightsreports.com/report/purchase/12204360685?mode=su?Mode=S21

In conclusion, the Luxury Vinyl Tile and Plank market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Luxury Vinyl Tile and Plank Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.