City of Industry, CA -- (SBWIRE) -- 09/20/2018 -- This study researches the market size of Luxury Vinyl Flooring (LVT), presents the global Luxury Vinyl Flooring (LVT) sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Luxury Vinyl Flooring (LVT) in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Luxury Vinyl Flooring (LVT) for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. 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.

Europe is the biggest consumption country in the world followed by USA. Though China is a populous country, the consumption volume is relatively small compared to Korea and Japan in Asia, which also means the huge potential in China market in the future. LVT flooring downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.04% of total downstream consumption volume of LVT flooring in global in 2017. According to the type, it can be divided into Flexible LVT Flooring and Rigid LVT Flooring. Flexible LVT Flooring is the main product, capturing about 67.57% of global consumption of LVT flooring in 2017.

In 2018, the global Luxury Vinyl Flooring (LVT) market size was 3630 million US$ and is forecast to 8870 million US in 2025, growing at a CAGR of 11.8% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Luxury Vinyl Flooring (LVT).

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This report includes the following manufacturers; we can also add the other companies as you want.

Armstrong

Mannington Mills

Tarkett

NOX Corporation

LG Hausys

Congoleum

Mohawk

Shaw

Gerflor

Forbo

Market Segment by Product Type

Flexible Luxury Vinyl Tile (LVT)

Rigid Luxury Vinyl Tile (LVT)

Market Segment by Application

Commercial Use

Residential Use

Market size split by Region

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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