Press release
Luxury Vinyl Tile (LVT) market was valued at US$ 9193.1 million in 2022 and is anticipated to reach US$ 21300 million by 2029, witnessing a CAGR of 12.6% - Valuates reports
Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-32K432/Global_Luxury_Vinyl_Tile_LVT_Market_Insights_and_Forecast_to_2028
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.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Luxury Vinyl Tile (LVT) downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.95% of total downstream consumption volume of Luxury Vinyl Tile (LVT) in global in 2019. According to the type, it can be divided into Loose-lay LVT, Dry-back LVT, SPC, WPC, etc. Dry-back LVT is the main product, capturing about 55.55% of global consumption of Luxury Vinyl Tile (LVT) in 2019. Today's industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.
This report aims to provide a comprehensive presentation of the global market for Luxury Vinyl Tile (LVT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Luxury Vinyl Tile (LVT).
The Luxury Vinyl Tile (LVT) market size, estimations, and forecasts are provided in terms of output/shipments (K Sq.m.) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Luxury Vinyl Tile (LVT) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Luxury Vinyl Tile (LVT) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
Loose-lay LVT
Dry-back LVT
SPC
WPC
Others
Segment by Application
Commercial Use
Residential Use
Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-32K432/global-luxury-vinyl-tile-lvt
Similar report -
https://reports.valuates.com/market-reports/QYRE-Auto-1J1463/global-vinyl-flooring-tiles
https://reports.valuates.com/market-reports/QYRE-Auto-9B15008/global-hospital-use-resilient-flooring
https://reports.valuates.com/market-reports/QYRE-Auto-1L8283/global-and-united-states-luxury-vinyl-flooring-and-tile
Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137
Email Id:
Please reach us at sales@valuates.com
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
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 Luxury Vinyl Tile (LVT) market was valued at US$ 9193.1 million in 2022 and is anticipated to reach US$ 21300 million by 2029, witnessing a CAGR of 12.6% - Valuates reports here
News-ID: 3215644 • Views: …
More Releases from Valuates Reports
DUV Lithography Machine Market Share Driven by Semiconductor Advancements and Ch …
DUV Lithography Machine Market Size
The global market for DUV Lithography Machine was valued at US$ 15440 million in the year 2024 and is projected to reach a revised size of US$ 22840 million by 2031, growing at a CAGR of 5.8% during the forecast period.
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-10P7860/Global_DUV_Lithography_Machine_Market_Insights_and_Forecast_to_2028
The DUV lithography machine market is expanding rapidly as the global semiconductor industry pushes toward higher performance and advanced manufacturing. Market growth is being…
FTTx Junction Box Market Share Driven by Fiber Network Expansion and Rising Conn …
FTTx Junction Box Market
The global market for FTTx Junction Box was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-30Z12110/Global_FTTx_Junction_Box_Market_Research_Report_2022
The FTTx junction box market is witnessing strong growth as global demand for high-speed internet and reliable digital infrastructure continues to rise. Market trends highlight significant investments in…
Virtual Reality (VR) and Augmented Reality (AR) Microdisplay Market Share Driven …
Virtual Reality (VR) and Augmented Reality (AR) Microdisplay Market
The global market for Virtual Reality (VR) and Augmented Reality (AR) Microdisplay was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-0L12932/Global_Virtual_Reality_VR_and_Augmented_Reality_AR_Microdisplay_Market_Research_Report_2022
The virtual reality (VR) and augmented reality (AR) microdisplay market is gaining significant momentum as immersive technologies transform…
NCA Battery Market Share Driven by Rising Demand for Electric Mobility and Energ …
NCA Battery (Lithium Nickel Cobalt Aluminum Oxide Battery) Market
Lithium nickel cobalt aluminum oxide batteries are also called NCA batteries, and are becoming increasingly important in electric powertrains and in grid storage. NCA batteries are not common in the consumer industry, but are promising for the automotive industry. NCA batteries provide a high-energy option with a good lifespan, but they are not as safe as they could be and are quite…
More Releases for LVT
Global Luxury Vinyl Flooring(LVT) Market Imapct of AI and Automation
Luxury Vinyl Flooring(LVT) Market Impact of AI and Automation
The global Luxury Vinyl Flooring (LVT) market was valued at approximately USD 40 billion in 2022. The market is projected to experience a compound annual growth rate (CAGR) of 6.2% from 2023 to 2028. This growth is driven by increasing demand for cost-effective, high-quality flooring solutions that combine durability with aesthetic appeal. The expansion of the residential and commercial construction sectors, along…
LVT Flooring Market Sees Strong Growth as Luxury Vinyl Tiles Gain Popularity amo …
The global LVT flooring market size was valued at approximately USD 23 billion in 2022, and it is expected to grow at a compound annual growth rate (CAGR) of around 9% from 2023 to 2030. The LVT Flooring market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare,…
Modular Flooring Market by Product Type (Flexible LVT, Rigid LVT, Carpet Tile, P …
The global modular flooring market is estimated to be USD 54.6 billion in 2021 and is projected to reach USD 72.5 billion by 2026, at a CAGR of 5.8% from 2021 to 2026.
The market report gives an organized and systematic description of the global Modular Flooring Market along with the latest ideas, future assessments, and competitive landscape. The Modular Flooring Market report includes a detailed survey of the top…
Luxury Vinyl Tiles (LVT) Floorings (LVT) Market Growth, Analysis and Advancement …
The Global Luxury Vinyl Tiles Floorings (LVT) Market Report has newly added to its massive repository. It is prepared with the use of industry-best primary and secondary research methodologies and tools. Marketing strategies, policies, industry chain that are changing the wave of the market also included in this report. Different industry-specific methods have been used for analysing the market carefully.
The Global Luxury Vinyl Tiles (LVT)…
Luxury Vinyl Flooring (LVT) Market Overview by Growing Demand 2018
Global Luxury Vinyl Flooring (LVT) Market Research Report 2018 report provides strategists, marketers and senior management with the critical information they need to assess the global Luxury Vinyl Flooring (LVT) sector. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Luxury Vinyl Flooring (LVT) market. This research report offers in-depth analysis of the market size (revenue), market share,…
Luxury Vinyl Flooring Market Report 2018: Segmentation by Type (Decorative Luxur …
Global Luxury Vinyl Flooring market research report provides company profile for Congoleum, Mohawk, Gerflor, Forbo, Beaulieu, RiL, Metroflor, Armstrong, Mannington Mills, Tarkett, NOX Corporation, LG Hausys and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,…
