Luxury Vinyl Tile Flooring Market
Luxury Vinyl Tile Flooring Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Luxury Vinyl Tile Flooring Market Size and Growth
The Luxury Vinyl Tile (LVT) flooring market is experiencing robust growth, driven by rising demand for durable and aesthetic flooring solutions. The global market size was valued at approximately $15 billion in 2022 and is projected to expand significantly, reflecting increased residential and commercial investments in modern flooring materials.
Companies Covered
(Covid 19 Impact Covered)
◍ Tarkett
◍ Armstrong
◍ NOX Corporation
◍ Mohawk
◍ Mannington Mills
◍ Congoleum
◍ Novalis
◍ Zhejiang Kingdom
◍ Tianzhen Bamboo Flooring
◍ Zhangjiagang Elegant Plastics
◍ CFL Flooring
◍ Zhejiang GIMIG Technology
◍ Metroflor
◍ Zhejiang Walrus New Material
◍ LG Hausys
◍ Jinka Flooring
◍ Shaw Floors
◍ Gerflor
The Luxury Vinyl Tile Flooring Market features key players like Tarkett, Mohawk, and Armstrong, driving innovation and sustainability. Companies enhance market growth through diverse product offerings, advanced technology, and strategic partnerships. Notable sales figures include Mohawk's $10 billion in revenue and Tarkett’s €3 billion, showcasing sector profitability.
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Market Segmentation
By Application
Residential Use
Commercial Use
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By Product
Market Growth
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$ X Billion USD
