Press release
Europe Luxury Vinyl Tile (LVT) Flooring Market to exceed US$ 6.51 billion by 2031, says Business Market Insights
Europe luxury vinyl tile (LVT) flooring market is expected to grow from US$ 6.51 billion in 2023 to US$ 12.22 billion by 2031. It is expected to grow at a CAGR of 8.2% from 2023 to 2031.Get PDF Sample Report + All Related Table and Graphs @: https://www.businessmarketinsights.com/sample/BMIRE00030898?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Europe Luxury Vinyl Tile (LVT) Flooring Market:
The preference for modern features and sustainable materials in residential construction projects aligns well with the characteristics of luxury vinyl tile (LVT) flooring, which often incorporates eco-friendly components and advanced manufacturing techniques to minimize environmental impact. As consumers increasingly prioritize sustainable living practices, the availability of eco-conscious flooring options becomes crucial, further driving the adoption of LVT in the residential construction market. In Europe, the population of countries such as the UK, Austria, Italy, and France has been steadily increasing, leading to an urgent need for more housing. Urbanization further fuels the demand for housing. In response, both private developers and the government have embarked on extensive housing projects to alleviate the housing shortage. For instance, under the Affordable Homes Programme 2021-2026, the UK government has planned to deliver up to 180,000 new homes. The variety of residential developments, from high-rise apartments and suburban houses to luxury estates and affordable housing, requires a wide range of flooring options. LVT flooring offers a solution for homeowners seeking modern, high-performance flooring systems that can withstand water and scratch resistance.
Mohawk Industries Inc
Tarkett
Shaw Industries Group Inc
Interface Inc
Gerflor SAS
Mannington Mills Inc
Forbo Holding AG
Milliken & Company
Beaulieu International Group
Kährs BondCo AB
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Chapter Details of Europe Luxury Vinyl Tile (LVT) Flooring Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Europe Luxury Vinyl Tile (LVT) Flooring Market Landscape
Part 04: Europe Luxury Vinyl Tile (LVT) Flooring Market Sizing
Part 05: Europe Luxury Vinyl Tile (LVT) Flooring Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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