Luxury Vinyl Tile Market to Witness Robust Expansion by 2025
The Global Luxury Vinyl Tile report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status the market during the projected period of 2019-2025.
Los Angeles, CA -- (SBWire) -- 02/13/2019 --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. 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.
Luxury vinyl flooring downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 64.83% of total downstream consumption volume of luxury vinyl flooring in global in 2016.According to the type, it can be divided into Flexible Luxury Vinyl Tile (LVT) and Rigid Luxury Vinyl Tile (LVT). Flexible Luxury Vinyl Tile (LVT) is the main product, capturing about 67.57% of global consumption of luxury vinyl flooring in 2016.
The global Luxury Vinyl Tile (LVT) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Luxury Vinyl Tile (LVT) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Luxury Vinyl Tile (LVT) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Tarkett
Armstrong
Mannington Mills
NOX Corporation
LG Hausys
Congoleum
Mohawk
Gerflor
Forbo
Beaulieu
RiL
Metroflor
Milliken
Polyflor
Karndean
Parterre
Snmo LVT
Hailide New Material
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Flexible Luxury Vinyl Tile (LVT)
Rigid Luxury Vinyl Tile (LVT)
Segment by Application
Commercial Use
Residential Use
For the better understanding of the Luxury Vinyl Tile market, this report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status of the global Luxury Vinyl Tile market during the projected period of 2019-2025.While classifying these segments, the expert team of analysts have listed down the relative contribution of each segment for the growth of global Luxury Vinyl Tile market. Detail information of segments is required to recognize the key trends influencing the global market for Luxury Vinyl Tile
Each segment of the Luxury Vinyl Tile market provides an in-depth information on the qualitative and quantitative aspect of the market. While giving a brief idea about the revenue opportunities for all the segments, the Luxury Vinyl Tile report has also provided the value of absolute dollar opportunity for all the segments over the predicted period of 2019-2025.
Global Luxury Vinyl Tile Market Competitive Landscape
The report of global Luxury Vinyl Tile market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected year.
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