Luxury Vinyl Plank (LVP) Market
Luxury Vinyl Plank (LVP) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Luxury Vinyl Plank (LVP) Market Size and Growth
The Luxury Vinyl Plank (LVP) market is experiencing significant growth, driven by rising consumer demand for affordable, durable flooring solutions. The global LVP market size is projected to exceed $15 billion by 2026, reflecting trends in residential renovations and commercial applications, while innovation in design continues to enhance product appeal. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Tarkett
◍ Armstrong
◍ Mannington Mills
◍ Mohawk
◍ Congoleum
◍ Gerflor
◍ Forbo
◍ Novalis
◍ LG Hausys
◍ Karndean
◍ Shaw Floors
◍ CFL Flooring
◍ Beaulieu
◍ NOX Corporation
◍ Metroflor
◍ Milliken
◍ Polyflor
◍ Snmo LVT
The Luxury Vinyl Plank (LVP) market features key players like Tarkett, Armstrong, and Mohawk, focusing on innovation, sustainability, and design. These companies enhance market growth through product diversification and strategic partnerships. Sales revenue examples include Tarkett (~€3 billion), Mohawk (~$10 billion), and Shaw Floors (not disclosed publicly).
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Market Segmentation
By Application
Commercial Use
Residential Use
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By Product
Flexible Luxury Vinyl Tile(LVT)
Rigid Luxury Vinyl Tile(LVT)
Market Growth
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$ X Billion USD
