Luxury Vinyl Tiles and LVT Floorings Market
Luxury Vinyl Tiles and LVT Floorings Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Luxury Vinyl Tiles and LVT Floorings Market Size and Growth
The Luxury Vinyl Tiles (LVT) flooring market is experiencing robust growth, driven by increasing demand for stylish, durable, and cost-effective flooring solutions. The global market size is estimated to reach approximately $20 billion by 2026. Factors such as eco-friendliness and technological advancements are further enhancing market potential.
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Companies Covered
(Covid 19 Impact 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
The Luxury Vinyl Tiles (LVT) market is competitive, featuring companies like Tarkett, Armstrong, and Mannington, which innovate in design and sustainability. They drive market growth through diverse product offerings and strategic partnerships. Notable sales revenues include Mohawk at $10 billion, Armstrong at $1.3 billion, and Gerflor at $1 billion.
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Market Segmentation
By Application
Commercial
Residential
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By Product
Flexible Luxury Vinyl Tile(LVT)
Rigid Luxury Vinyl Tile(LVT)
Market Growth
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$ X Billion USD
