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Vinyl Flooring Market 2022-2027: Size, Top Companies, Global Industry Trends and Competitive Outlook Forecast


 According to IMARC Group’s latest report, titled “Vinyl Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global vinyl flooring market reached a value of US$ 42.47 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 72.89 Billion by 2027, exhibiting a CAGR of 9.20% during 2022-2027.

Vinyl flooring is built by combining synthetic and natural polymer materials to provide a durable, practical, and economical floor covering. It is available in several product types, such as vinyl sheets, Luxury Vinyl Tile (LVT), Vinyl Composition Tile (VCT), etc. Vinyl flooring materials are easy to install and resistant to water and stains. In addition to this, they have a resilient protective coating that reduces dirt accumulation and scratches and ensures convenient maintenance. As a result, vinyl flooring materials are extensively used in healthcare, industrial, residential, education, and other establishments.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/vinyl-flooring-market/requestsample

Market Trends and Drivers:

The rising number of luxurious housing projects and the growing demand for cost-efficient, low maintenance, and lightweight construction materials across the globe are among the key factors driving the vinyl flooring market. Furthermore, the increasing product adoption in constructing offices, educational institutions, hospitals, etc., across developing countries is also positively influencing the market growth. Besides this, the inflating focus among key market players in research and development (R&D) activities undertaken to produce customized vinyl tiles and sheets in terms of colors, designs, dimensions, patterns, and textures is acting as another significant growth-inducing factor. In line with this, the introduction of novel self-adhesive product variant is expected to stimulate the vinyl flooring market over the forecasted period.

Vinyl Flooring Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the vinyl flooring market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Mohawk Industries Inc.
  • Tarkett Group
  • Armstrong World Industries, Inc.
  • Shaw Industries, Inc.
  • Mannington Mills, Inc.
  • Beaulieu International Group
  • Gerflor Group
  • Forbo Group

Key Market Segmentation:

The report has segmented the vinyl flooring market on the basis of product type, sector and region.

Performance by Product Type:

  • Vinyl Sheet
  • Luxury Vinyl Tile (LVT)
  • Vinyl Composition Tile (VCT)

Performance by Sector:

  • Residential
  • Commercial

Performance of Key Regions:

  • Asia Pacific
  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Middle East and Africa

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/vinyl-flooring-market

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

 

 

 

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