Press release
Luxury Vinyl Tiles (LVT) Flooring Market: Rapid Growth, Key Trends, and Forecast from 2024 to 2029
Luxury Vinyl Tiles (LVT) Flooring Market
Robust growth, key trends, and future projections highlight the fast-expanding Luxury Vinyl Tiles (LVT) Flooring Market.
What Is The Projected Market Size Of The Global Luxury Vinyl Tiles (LVT) Flooring Market And Its Growth Rate?
The LVT flooring market has displayed significant growth and is projected to continue this trend. Key data points include:
• 2024 Market size: $26.01 billion
• 2025 Market size: $29.68 billion (14.1% CAGR)
• 2029 Market size: $48.92 billion (13.3% CAGR)
Growth is primarily powered by a residential renovation boom, commercial flooring solutions, and environmental sustainability during the past years. In the coming years, trends such as rising housing construction, e-commerce boom, and green building practices are expected to eventually dominate the market growth scene.
What Is Driving The Growth In The Luxury Vinyl Tiles (LVT) Flooring Market?
The Luxury Vinyl Tiles (LVT) Flooring Market has been thriving, owing in large part to the rapid expansion in the construction industry. LVT flooring is economical, efficient, and low-maintenance, making it a favored choice in construction. According to Invest India, the construction industry is predicted to approach a value of $1.4 trillion by 2025, potentially boosting the growth of the LVT flooring market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5630&type=smp
Who Are the Key Players Driving Luxury Vinyl Tiles (LVT) Flooring Market Growth?
• Tarkett SA
• Forbo Holding AG
• Armstrong World Industries Inc.
• Shaw Industries Inc.
• Global Flooring Group
• Interface Inc., Mannington Mills Inc.
• Mohawk Industries Inc.
• Parador GmbH
• Polyflor Ltd.
• Metroflor Corp., Milliken Co.
• LG Hausys Ltd., James Halstead plc
• Beauflor USA LLC
• Congoleum Corporation
• EarthWerks vinyl flooring company, Forbo Holding AG
• IVC US Inc.
• Karndean Designflooring USA
• Moduleo Group
• Roppe Holding Company
• The Dixie Group Inc.
• The Stonhard Group
• Toli Corporation
• Torlys Inc.
• USFloors Inc.
• Välinge Innovation AB
• Vifloor Canada Ltd.
• Vinylasa Inc.
• Wonderfloor
• World Class Industries Ltd.
• Zhejiang Kingdom Decorative Material Co. Ltd.
• Zhejiang Yihua Plastics Co. Ltd.
• Zibo Piton Industry Co. Ltd.
What Are The Key Trends In The Luxury Vinyl Tiles (LVT) Flooring Market?
Key trends in the forecast period include:
• Demand for sustainable materials
• Infrastructure modernization
• Digital printing technology
• Smart flooring integration
• Rapid installation methods
What Are The Segments Of The Global Luxury Vinyl Tiles (LVT) Flooring Market?
• By Type: Rigid Luxury Vinyl Tiles (LVT), Flexible Luxury Vinyl Tiles (LVT)
• By Construction Type: New Construction, Renovation
• By End-User: Residential, Non-Residential
Which Region Leads The Luxury Vinyl Tiles (LVT) Flooring Market?
Asia-Pacific led the luxury vinyl tiles (LVT) flooring market share in 2024 and is expected to continue its leading trend in the forecast period. The market covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/luxury-vinyl-tiles-flooring-global-market-report
What Is Covered In The Luxury Vinyl Tiles (LVT) Flooring Market Global Market Report?
- Market Size Analysis: Analyze the Luxury Vinyl Tiles (LVT) Flooring Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Luxury Vinyl Tiles (LVT) Flooring Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Luxury Vinyl Tiles (LVT) Flooring Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Luxury Vinyl Tiles (LVT) Flooring Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Learn More About The Business Research Company:
Fabled for offering comprehensive, data-rich research and insights, The Business Research Company is home to data from 27 industries covering 60+ geographies. Alongside in-depth secondary research, our unique insights from industry behemoths ensure you stay ahead. Our prized offering, the Global Market Model, is a premier market intelligence platform that offers the most recent and comprehensive forecasts, backing your informed decision-making.
Contact Us:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company:
Fabled for offering comprehensive, data-rich research and insights, The Business Research Company is home to data from 27 industries covering 60+ geographies. Alongside in-depth secondary research, our unique insights from industry behemoths ensure you stay ahead. Our prized offering, the Global Market Model, is a premier market intelligence platform that offers the most recent and comprehensive forecasts, backing your informed decision-making.
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 Tiles (LVT) Flooring Market: Rapid Growth, Key Trends, and Forecast from 2024 to 2029 here
News-ID: 3817015 • Views: …
More Releases from The Business research company
Leading Companies Solidify Their Presence in the Silicone Structural Glazing Mar …
The silicone structural glazing market is positioned for significant expansion in the coming years, driven by advances in building technology and increased environmental awareness. This sector is evolving rapidly as demand grows for more energy-efficient and aesthetically appealing architectural solutions. Let's explore the market's current size, key players, emerging trends, and the main segments that are shaping its future.
Silicone Structural Glazing Market Value Forecast Through 2030
The market for silicone…
Future Prospects: Key Trends Shaping the Self-Healing Concrete Market up to 2030
The self-healing concrete market is capturing significant attention as innovations and sustainability demands rise in construction. This sector is set to experience remarkable growth due to advancements in materials and technology, shaping the future of durable and intelligent infrastructure solutions. Let's explore the market's size, key players, emerging trends, and segment outlook to understand its trajectory.
Projected Market Size and Growth Prospects for the Self-Healing Concrete Market
The self-healing concrete market…
Analysis of Key Market Segments Driving the ROS-Based Robot Industry
The ROS-based robot market is positioned for substantial growth as robotics technology continues to advance rapidly. With increasing innovation in software, hardware, and AI integration, this sector is set to transform multiple industries by 2030. Below, we explore the market's future size, leading companies, key trends, and segmentation details to understand its evolving landscape.
Projected Market Size and Expansion of the ROS-Based Robot Market
The ROS-based robot market is anticipated to…
Global Trends Overview: The Rapid Evolution of the Robotic Panelized Home Builde …
The robotic panelized home builder market is positioned for impressive growth in the coming years as automation and robotics increasingly transform construction processes. Driven by technological advancements and expanding prefab housing projects, this market is set to reshape how homes are built with greater speed and efficiency. Let's explore the market's size, leading companies, emerging trends, and key segments that are shaping its future.
Strong Growth Forecast for the Robotic Panelized…
More Releases for LVT
The Ultimate Guide to the Best UK LVT Flooring Brands
The lvt flooring uk [https://www.lantisehouse.com/lvt-flooring/] market is growing, with a projected 4.5% annual increase. Your choices span from Lantise 2mm vinyl floor glue down click lvt vinyl plank for office hotel to Lantise 2mm waterproof marble flooring vinyl LVT floor tile for hotel, residential and office spaces. Four brands stand out for 2025.
Quick Recommendations for 2025
BRAND
BEST FOR
PRICE POINT
Karndean
Overall Realism & Quality
Mid to High
Amtico
Premium Quality & Design
High-End
Floorify
Trendy Designs & DIY
Mid-Range
Luvanto
Value &…
LVT Flooring Market - Scope and Research Methodology
The LVT flooring market size was valued at US$ 22.22 billion in 2023 and is expected to reach US$ 43.95 billion by 2031; it is estimated to register a CAGR of 8.9% from 2023 to 2031.
The "LVT Flooring Market" forecast 2031 report analyses the present and future competitive scenario of the analytics industry. LVT Flooring Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and…
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,…
