The Vinyl Flooring market is projected to reach USD 49.79 Billion by 2027. Rising demand is anticipated by factors such as High strength, excellent water resistance, and the lightweight properties offered by the product are expected to drive its demand over the forecast period in residential and commercial construction projects. These products are commercially available in several colors, textures, and design patterns and have attracted the attention of consumers for the past couple of years. In addition, the product is gaining recognition among middle-class consumers due to its visual resemblance to products made from concrete, natural stone, and wood flooring and significantly low cost. Luxury Vinyl Tiles is projected to witness a remarkable rate of growth due to the product’s affordability, low maintenance, excellent water resistance, and easy to clean properties.
The vinyl flooring, because of their low noise levels and easy maintenance, is considered to be ideal for high traffic applications such as restaurants, cafes, and offices. Technological advancements in the sector to introduce easy-to-install self-adhesive flooring products can lead to high demand for flooring products. In particular, the demand in the residential segment is expected to be high. The prime end-user of vinyl tiles, thanks to their superior esthetical appeal, is expected to be nonresidential areas such as shopping malls and hotels.
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The report on the Global Vinyl Flooring Market is an investigative study that focuses on the important business aspects such as recent developments, technology advancements, and various products and processes developments. The report is formulated via a thorough primary and secondary research with data insights from industry experts and professionals.
The report further studies the major competitors of the Vinyl Flooring market in the industry to provide a comprehensive overview of the competitive landscape. Key factors such as productivity, manufacturing and production capacity, demand and supply ratio, among others, are also discussed in the report. The key companies profiled in the report are Armstrong World Industries Inc., Mannington Mills Inc., Forbo, Boral Limited, Brumark Corporation, Mohawk Industries, Inc., Beaulieu International Group, Tarkett, Shaw Industries Group, Gerflor Group Inc., Interface, among others. Moreover, the report also analyses the key business initiatives undertaken by companies such as mergers and acquisitions, joint ventures, collaborations, and partnerships, among others.
To gain a better understanding of the competitive landscape, the report further analyses the companies operating in the key regions. The regional analysis includes examinations of the major geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report covers import/export ratio, supply and demand trends and patterns, production and consumption ratio, revenue generation, gross profit and margin, and other vital factors.
For this report, Reports and Data segmented the global Vinyl flooring industry report based on product type, material type, application, and by region for this study:
Product Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Luxury Vinyl Tiles
- Vinyl Sheets
- Vinyl Tiles
Material Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Wood Plastic Composite
- Stone Plastic Composite
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
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Objectives of the Report:
- Study of the global Vinyl Flooring market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Vinyl Flooring market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive analysis
- Analysis of Vinyl Flooring market based on growth trends, outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Vinyl Flooring market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
In addition to the key segments, the report also offers information about different aspects that can assist in the progress of the industry. The report covers applicable sales strategies, research and development advancements, online and offline trends, latest product launches and brand promotions, and strategic business expansions. Statistical information about the market is categorized and organized into tables, charts, figures, diagrams, and other graphical presentations.
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Vinyl Flooring Market Segmentation & Impact Analysis
4.1. Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Demand for high standard of living
18.104.22.168. Growth in construction sector
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