The “LVT Flooring Market” Research Report serves as a comprehensive guide, providing crucial insights into industry Top players [Tarkett, Armstrong, Mannington Mills, Mohawk, Congoleum, Gerflor] with industry’s current and future trajectories. It emphasizes market size, growth, and emerging trends, offering valuable perspectives on regional development. The report incorporates SWOT and PESTLE analyses, enabling businesses to make informed decisions in a dynamic environment. It also evaluates recent developments and strategic approaches of industry players to maintain a competitive edge.

Furthermore, it provides industry trends, cost structures, revenue, and productivity projections, equipping stakeholders with essential information to gain a competitive advantage through a comprehensive market analysis.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 127 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

The global LVT Flooring market size was valued at USD 7047.3 million in 2023 and is forecast to a readjusted size of USD 16600 million by 2030 with a CAGR of 13.0% during review period.
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.
Global LVT Flooring key players include Tarkett, Armstrong, Mohawk, etc. Global top three manufacturers hold a share about 30%.
European Union is the largest market, with a share about 45%, followed by USA and China, both have a share over 40 percent.
In terms of product, Flexible Luxury Vinyl Tile (LVT) is the largest segment, with a share about 70%. And in terms of application, the largest application is Residential Use, followed by Commercial Use.

The Researcher report includes an overview of the development of the LVT Flooring industry chain, the market status and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of LVT Flooring.

Regionally, the report analyzes the LVT Flooring markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global LVT Flooring market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Major Players Covered in this Report:

  • Tarkett
  • Armstrong
  • Mannington Mills
  • Mohawk
  • Congoleum
  • Gerflor
  • Forbo
  • Novalis
  • LG Hausys
  • Karndean
  • Shaw Floors
  • CFL Flooring
  • Beaulieu
  • NOX Corporation
  • Metroflor
  • Milliken
  • Polyflor
  • Snmo LVT

Key Features:

The report presents comprehensive understanding of the LVT Flooring market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the LVT Flooring industry.

Market Segmentation:

LVT Flooring market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market Segment by Type:

  • Flexible LVT Flooring
  • Rigid LVT Flooring

Market segment by Application:

  • Commercial Use
  • Residential Use

LVT Flooring industry share including production data, market challenges, sales profit, upstream raw materials sourcing, downstream buyers, consumption, import, export, trade data, price, gross margin, analysis and forecast etc.

Global LVT Flooring Market, by Regions:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Colombia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the LVT Flooring market.

Regional Analysis: The report involves examining the LVT Flooring market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the LVT Flooring market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends

The report also involves a more granular approach to LVT Flooring:

Company Analysis: Report covers individual LVT Flooring manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards LVT Flooring This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application.

Technology Analysis: Report covers specific technologies relevant to LVT Flooring. It assesses the current state, advancements, and potential future developments in LVT Flooring areas.

The Primary Objectives in This Report Are:

  • To determine the size of the total market opportunity of global and key countries
  • To assess the growth potential for LVT Flooring
  • To forecast future growth in each product and end-use market
  • To assess competitive factors affecting the marketplace
  • This report profiles key players in the global LVT Flooring market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.
  • This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

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The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LVT Flooring product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LVT Flooring, with price, sales, revenue and global market share of LVT Flooring from 2019 to 2024.

Chapter 3, the LVT Flooring competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LVT Flooring breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and LVT Flooring market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of LVT Flooring.

Chapter 14 and 15, to describe LVT Flooring sales channel, distributors, customers, research findings and conclusion.

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Detailed TOC of Global LVT Flooring Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

1 Market Overview

1.1 Product Overview and Scope of LVT Flooring

1.2 Market Estimation Caveats and Base Year

1.3 Market Analysis by Type

1.4 Market Analysis by Application

1.5 Global LVT Flooring Market Size & Forecast

2 Manufacturers Profiles

3 Competitive Environment: LVT Flooring by Manufacturer

3.1 Global LVT Flooring Sales Quantity by Manufacturer (2019-2024)

3.2 Global LVT Flooring Revenue by Manufacturer (2019-2024)

3.3 Global LVT Flooring Average Price by Manufacturer (2019-2024)

3.4 Market Share Analysis (2023)

3.5 LVT Flooring Market: Overall Company Footprint Analysis

3.6 New Market Entrants and Barriers to Market Entry

3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global LVT Flooring Market Size by Region

4.2 North America LVT Flooring Consumption Value (2019-2030)

4.3 Europe LVT Flooring Consumption Value (2019-2030)

4.4 Asia-Pacific LVT Flooring Consumption Value (2019-2030)

4.5 South America LVT Flooring Consumption Value (2019-2030)

4.6 Middle East and Africa LVT Flooring Consumption Value (2019-2030)

5 Market Segment by Type

5.1 Global LVT Flooring Sales Quantity by Type (2019-2030)

5.2 Global LVT Flooring Consumption Value by Type (2019-2030)

5.3 Global LVT Flooring Average Price by Type (2019-2030)

6 Market Segment by Application

6.1 Global LVT Flooring Sales Quantity by Application (2019-2030)

6.2 Global LVT Flooring Consumption Value by Application (2019-2030)

6.3 Global LVT Flooring Average Price by Application (2019-2030)

7 North America

8 Europe

9 Asia-Pacific

10 South America

11 Middle East & Africa

12 Market Dynamics

12.1 LVT Flooring Market Drivers

12.2 LVT Flooring Market Restraints

12.3 LVT Flooring Trends Analysis

12.4 Porters Five Forces Analysis

12.5 Influence of COVID-19 and Russia-Ukraine War

13 Raw Material and Industry Chain

13.1 Raw Material of LVT Flooring and Key Manufacturers

13.2 Manufacturing Costs Percentage of LVT Flooring

13.3 LVT Flooring Production Process

13.4 LVT Flooring Industrial Chain

14 Shipments by Distribution Channel

14.1 Sales Channel

14.2 LVT Flooring Typical Distributors

14.3 LVT Flooring Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology

16.2 Research Process and Data Source

16.3 Disclaimer

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