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Global Luxury Vinyl Tiles and LVT Floorings Market Research Report 2024(Status and Outlook)

Luxury Vinyl Tiles and LVT Floorings Market


The global Luxury Vinyl Tiles and LVT Floorings market size was valued at US$ 18.45 billion in 2024 and is projected to reach US$ 28.67 billion by 2030, at a CAGR of 7.6% during the forecast period 2024-2030.



United States Luxury Vinyl Tiles and LVT Floorings market size was valued at US$ 4.98 billion in 2024 and is projected to reach US$ 7.51 billion by 2030, at a CAGR of 7.1% during the forecast period 2024-2030.


High-end vinyl flooring products designed to mimic the appearance of natural materials.


Report Overview

Luxury vinyl flooring and tiles generally consist of five different layers. As a result, this floor not only has excellent waterproof and silencing features but also brings extremely warm, soft touch to the ground for the feet. In addition, the vinyl flooring remains ultra-thin, making it the perfect choice for interior renovation.

This report provides a deep insight into the global Luxury Vinyl Tiles and LVT Floorings market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Luxury Vinyl Tiles and LVT Floorings Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Luxury Vinyl Tiles and LVT Floorings market in any manner.

Global Luxury Vinyl Tiles and LVT Floorings Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company


  • Tarkett

  • Armstrong

  • Mannington Mills

  • NOX Corporation

  • LG Hausys

  • Congoleum

  • Mohawk

  • Gerflor

  • Forbo

  • Beaulieu

  • RiL

  • Metroflor

  • Milliken

  • Polyflor

  • Karndean

  • Parterre

  • Snmo LVT

  • Hailide New Material

  • Including or excluding key companies relevant to your analysis


Market Segmentation (by Type)


  • Flexible Luxury Vinyl Tile(LVT)

  • Rigid Luxury Vinyl Tile(LVT)


Market Segmentation (by Application)


  • Commercial

  • Residential


Geographic Segmentation


  • North America (USA, Canada, Mexico)

  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

  • South America (Brazil, Argentina, Columbia, Rest of South America)

  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)


Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Luxury Vinyl Tiles and LVT Floorings Market

Overview of the regional outlook of the Luxury Vinyl Tiles and LVT Floorings Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.


Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Luxury Vinyl Tiles and LVT Floorings Market and its likely evolution in the short to mid-term, and long term.


Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.


Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.


Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.


Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.


Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.


Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.


Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.


Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.


Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.


Chapter 12 is the main points and conclusions of the report.


Table of content

Table of Contents1 Research Methodology and Statistical Scope1.1 Market Definition and Statistical Scope of Luxury Vinyl Tiles and LVT Floorings1.2 Key Market Segments1.2.1 Luxury Vinyl Tiles and LVT Floorings Segment by Type1.2.2 Luxury Vinyl Tiles and LVT Floorings Segment by Application1.3 Methodology & Sources of Information1.3.1 Research Methodology1.3.2 Research Process1.3.3 Market Breakdown and Data Triangulation1.3.4 Base Year1.3.5 Report Assumptions & Caveats2 Luxury Vinyl Tiles and LVT Floorings Market Overview2.1 Global Market Overview2.1.1 Global Luxury Vinyl Tiles and LVT Floorings Market Size (M USD) Estimates and Forecasts (2019-2030)2.1.2 Global Luxury Vinyl Tiles and LVT Floorings Sales Estimates and Forecasts (2019-2030)2.2 Market Segment Executive Summary2.3 Global Market Size by Region3 Luxury Vinyl Tiles and LVT Floorings Market Competitive Landscape3.1 Global Luxury Vinyl Tiles and LVT Floorings Sales by Manufacturers (2019-2024)3.2 Global Luxury Vinyl Tiles and LVT Floorings Revenue Market Share by Manufacturers (2019-2024)3.3 Luxury Vinyl Tiles and LVT Floorings Market Share by Company Type (Tier 1, Tier 2, and Tier 3)3.4 Global Luxury Vinyl Tiles and LVT Floorings Average Price by Manufacturers (2019-2024)3.5 Manufacturers Luxury Vinyl Tiles and LVT Floorings Sales Sites, Area Served, Product Type3.6 Luxury Vinyl Tiles and LVT Floorings Market Competitive Situation and Trends3.6.1 Luxury Vinyl Tiles and LVT Floorings Market Co

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