The report is designed to incorporate both qualitative and quantitative aspects of the Luxury Vinyl Flooring Market with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as major drivers & restraining factors which will define the future growth of the market. Also covered segments company profile, type, and applications.
Maharashtra, India -- (SBWIRE) -- 04/10/2019 -- Luxury Vinyl Flooring Market
The worldwide market for Luxury Vinyl Flooring (LVT) is expected to grow at a CAGR of roughly 12.8% over the next five years, will reach 7480 million US$ in 2024, from 3630 million US$ in 2019. 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.
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Scope of the Report:
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. 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.
This Study converges on the top players in the global Luxury Vinyl Flooring market:
Armstrong, Mannington Mills, Tarkett, NOX Corporation, LG Hausys, Congoleum, Mohawk, Shaw, Gerflor, Forbo, Beaulieu, RiL, Metroflor, Milliken, Polyflor, Karndean, Parterre, Snmo LVT, Hailide New Material
Market Segment by Type, covers
Flexible Luxury Vinyl Tile (LVT)
Rigid Luxury Vinyl Tile (LVT)
Market Segment by Applications, can be divided into
Commercial Use
Residential Use
The report also provides the regional level of the Luxury Vinyl Flooring market analysis and future outlook for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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The report firstly introduced the Luxury Vinyl Flooring basics: Definitions, segment classifications, outlook and market overview, product specifications, manufacturing processes, company profile analysis, cost structures, raw materials and so on. Moreover, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Some of the major questions are answered:
?What are the different types of Luxury Vinyl Flooring equipment and products?
?What are the market trends and major developments patterns equipment's and products?
?Who are the key industry pioneers and what is their overall share in the global Luxury Vinyl Flooring market?
?What are the multiple used case scenarios considered under various end-users and applications for the market?
?What are the different sales, marketing, and distribution channels in the global industry?
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The global Luxury Vinyl Flooring Market report covers the valuable data useful for the estimation of the market and comprehensive figures of the key players along with their growth estimation in the upcoming period. The report implements various elements to process the industry data. The global industry report presents the factors, such as gross margin, consumption, production, export, cost, growth rate, share, size and capacity utilization, impacting on the global Luxury Vinyl Flooring Market.
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