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LVT Floor-Global Market Insights and Sales Trends 2025
Synopsis
The global LVT Floor market size is expected to reach US$ 14480 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of LVT Floor in various end use industries. The expanding demands from the Commercial Use and Residential Use, are propelling LVT Floor market. Decorative Luxury Vinyl Flooring (LVT), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Functional Luxury Vinyl Flooring (LVT) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for LVT Floor market, driven by demand from China, the second largest economy with some signs of stabilising, the LVT Floor market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LVT Floor, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LVT Floor market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LVT Floor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LVT Floor sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LVT Floor covered in this report include Tarkett, Armstrong, Mannington Mills, NOX Corporation, LG Hausys, Congoleum, Mohawk, Gerflor and Forbo, etc.
The global LVT Floor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tarkett
Armstrong
Mannington Mills
NOX Corporation
LG Hausys
Congoleum
Mohawk
Gerflor
Forbo
Beaulieu
RiL
Metroflor
Milliken
Polyflor
Karndean
Parterre
Snmo LVT
Hailide New Material
Global LVT Floor market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LVT Floor market, Segment by Type:
Decorative Luxury Vinyl Flooring (LVT)
Functional Luxury Vinyl Flooring (LVT)
Global LVT Floor market, by Application
Commercial Use
Residential Use
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LVT Floor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LVT Floor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global LVT Floor market size is expected to reach US$ 14480 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of LVT Floor in various end use industries. The expanding demands from the Commercial Use and Residential Use, are propelling LVT Floor market. Decorative Luxury Vinyl Flooring (LVT), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Functional Luxury Vinyl Flooring (LVT) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for LVT Floor market, driven by demand from China, the second largest economy with some signs of stabilising, the LVT Floor market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LVT Floor, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LVT Floor market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LVT Floor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LVT Floor sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LVT Floor covered in this report include Tarkett, Armstrong, Mannington Mills, NOX Corporation, LG Hausys, Congoleum, Mohawk, Gerflor and Forbo, etc.
The global LVT Floor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tarkett
Armstrong
Mannington Mills
NOX Corporation
LG Hausys
Congoleum
Mohawk
Gerflor
Forbo
Beaulieu
RiL
Metroflor
Milliken
Polyflor
Karndean
Parterre
Snmo LVT
Hailide New Material
Global LVT Floor market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LVT Floor market, Segment by Type:
Decorative Luxury Vinyl Flooring (LVT)
Functional Luxury Vinyl Flooring (LVT)
Global LVT Floor market, by Application
Commercial Use
Residential Use
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LVT Floor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LVT Floor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 LVT Floor Market Overview
1.1 LVT Floor Product Overview
1.2 LVT Floor Market Segment by Type
1.2.1 Decorative Luxury Vinyl Flooring (LVT)
1.2.2 Functional Luxury Vinyl Flooring (LVT)
1.3 Global LVT Floor Market Size by Type
1.3.1 Global LVT Floor Market Size Overview by Type (2018-2029)
1.3.2 Global LVT Floor Historic Market Size Review by Type (2018-2023)
1.3.3 Global LVT Floor Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America LVT Floor Sales Breakdown by Type (2018-2023)
1.4.2 Europe LVT Floor Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific LVT Floor Sales Breakdown by Type (2018-2023)
1.4.4 Latin America LVT Floor Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa LVT Floor Sales Breakdown by Type (2018-2023)
2 Global LVT Floor Market Competition by Company
2.1 Global Top Players by LVT Floor Sales (2018-2023)
2.2 Global Top Players by LVT Floor Revenue (2018-2023)
2.3 Global Top Players by LVT Floor Price (2018-2023)
2.4 Global Top Manufacturers LVT Floor Manufacturing Base Distribution, Sales Area, Product Type
2.5 LVT Floor Market Competitive Situation and Trends
2.5.1 LVT Floor Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by LVT Floor Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in LVT Floor as of 2022)
2.7 Date of Key Manufacturers Enter into LVT Floor Market
2.8 Key Manufacturers LVT Floor Product Offered
2.9 Mergers & Acquisitions, Expansion
3 LVT Floor Status and Outlook by Region
3.1 Global LVT Floor Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global LVT Floor Historic Market Size by Region
3.2.1 Global LVT Floor Sales in Volume by Region (2018-2023)
3.2.2 Global LVT Floor Sales in Value by Region (2018-2023)
3.2.3 Global LVT Floor Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global LVT Floor Forecasted Market Size by Region
3.3.1 Global LVT Floor Sales in Volume by Region (2024-2029)
3.3.2 Global LVT Floor Sales in Value by Region (2024-2029)
3.3.3 Global LVT Floor Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global LVT Floor by Application
4.1 LVT Floor Market Segment by Application
4.1.1 Commercial Use
4.1.2 Residential Use
4.2 Global LVT Floor Market Size by Application
4.2.1 Global LVT Floor Market Size Overview by Application (2018-2029)
4.2.2 Global LVT Floor Historic Market Size Review by Application (2018-2023)
4.2.3 Global LVT Floor Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America LVT Floor Sales Breakdown by Application (2018-2023)
4.3.2 Europe LVT Floor Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific LVT Floor Sales Breakdown by Application (2018-2023)
4.3.4 Latin America LVT Floor Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa LVT Floor Sales Breakdown by Application (2018-2023)
5 North America LVT Floor by Country
5.1 North America LVT Floor Historic Market Size by Country
5.1.1 North America LVT Floor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America LVT Floor Sales in Volume by Country (2018-2023)
5.1.3 North America LVT Floor Sales in Value by Country (2018-2023)
5.2 North America LVT Floor Forecasted Market Size by Country
5.2.1 North America LVT Floor Sales in Volume by Country (2024-2029)
5.2.2 North America LVT Floor Sales in Value by Country (2024-2029)
6 Europe LVT Floor by Country
6.1 Europe LVT Floor Historic Market Size by Country
6.1.1 Europe LVT Floor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe LVT Floor Sales in Volume by Country (2018-2023)
6.1.3 Europe LVT Floor Sales in Value by Country (2018-2023)
6.2 Europe LVT Floor Forecasted Market Size by Country
6.2.1 Europe LVT Floor Sales in Volume by Country (2024-2029)
6.2.2 Europe LVT Floor Sales in Value by Country (2024-2029)
7 Asia-Pacific LVT Floor by Region
7.1 Asia-Pacific LVT Floor Historic Market Size by Region
7.1.1 Asia-Pacific LVT Floor Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific LVT Floor Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific LVT Floor Sales in Value by Region (2018-2023)
7.2 Asia-Pacific LVT Floor Forecasted Market Size by Region
7.2.1 Asia-Pacific LVT Floor Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific LVT Floor Sales in Value by Region (2024-2029)
8 Latin America LVT Floor by Country
8.1 Latin America LVT Floor Historic Market Size by Country
8.1.1 Latin America LVT Floor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America LVT Floor Sales in Volume by Country (2018-2023)
8.1.3 Latin America LVT Floor Sales in Value by Country (2018-2023)
8.2 Latin America LVT Floor Forecasted Market Size by Country
8.2.1 Latin America LVT Floor Sales in Volume by Country (2024-2029)
8.2.2 Latin America LVT Floor Sales in Value by Country (2024-2029)
9 Middle East and Africa LVT Floor by Country
9.1 Middle East and Africa LVT Floor Historic Market Size by Country
9.1.1 Middle East and Africa LVT Floor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa LVT Floor Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa LVT Floor Sales in Value by Country (2018-2023)
9.2 Middle East and Africa LVT Floor Forecasted Market Size by Country
9.2.1 Middle East and Africa LVT Floor Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa LVT Floor Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tarkett
10.1.1 Tarkett Company Information
10.1.2 Tarkett Introduction and Business Overview
10.1.3 Tarkett LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tarkett LVT Floor Products Offered
10.1.5 Tarkett Recent Development
10.2 Armstrong
10.2.1 Armstrong Company Information
10.2.2 Armstrong Introduction and Business Overview
10.2.3 Armstrong LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Armstrong LVT Floor Products Offered
10.2.5 Armstrong Recent Development
10.3 Mannington Mills
10.3.1 Mannington Mills Company Information
10.3.2 Mannington Mills Introduction and Business Overview
10.3.3 Mannington Mills LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Mannington Mills LVT Floor Products Offered
10.3.5 Mannington Mills Recent Development
10.4 NOX Corporation
10.4.1 NOX Corporation Company Information
10.4.2 NOX Corporation Introduction and Business Overview
10.4.3 NOX Corporation LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.4.4 NOX Corporation LVT Floor Products Offered
10.4.5 NOX Corporation Recent Development
10.5 LG Hausys
10.5.1 LG Hausys Company Information
10.5.2 LG Hausys Introduction and Business Overview
10.5.3 LG Hausys LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.5.4 LG Hausys LVT Floor Products Offered
10.5.5 LG Hausys Recent Development
10.6 Congoleum
10.6.1 Congoleum Company Information
10.6.2 Congoleum Introduction and Business Overview
10.6.3 Congoleum LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Congoleum LVT Floor Products Offered
10.6.5 Congoleum Recent Development
10.7 Mohawk
10.7.1 Mohawk Company Information
10.7.2 Mohawk Introduction and Business Overview
10.7.3 Mohawk LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mohawk LVT Floor Products Offered
10.7.5 Mohawk Recent Development
10.8 Gerflor
10.8.1 Gerflor Company Information
10.8.2 Gerflor Introduction and Business Overview
10.8.3 Gerflor LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Gerflor LVT Floor Products Offered
10.8.5 Gerflor Recent Development
10.9 Forbo
10.9.1 Forbo Company Information
10.9.2 Forbo Introduction and Business Overview
10.9.3 Forbo LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Forbo LVT Floor Products Offered
10.9.5 Forbo Recent Development
10.10 Beaulieu
10.10.1 Beaulieu Company Information
10.10.2 Beaulieu Introduction and Business Overview
10.10.3 Beaulieu LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Beaulieu LVT Floor Products Offered
10.10.5 Beaulieu Recent Development
10.11 RiL
10.11.1 RiL Company Information
10.11.2 RiL Introduction and Business Overview
10.11.3 RiL LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.11.4 RiL LVT Floor Products Offered
10.11.5 RiL Recent Development
10.12 Metroflor
10.12.1 Metroflor Company Information
10.12.2 Metroflor Introduction and Business Overview
10.12.3 Metroflor LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Metroflor LVT Floor Products Offered
10.12.5 Metroflor Recent Development
10.13 Milliken
10.13.1 Milliken Company Information
10.13.2 Milliken Introduction and Business Overview
10.13.3 Milliken LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Milliken LVT Floor Products Offered
10.13.5 Milliken Recent Development
10.14 Polyflor
10.14.1 Polyflor Company Information
10.14.2 Polyflor Introduction and Business Overview
10.14.3 Polyflor LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Polyflor LVT Floor Products Offered
10.14.5 Polyflor Recent Development
10.15 Karndean
10.15.1 Karndean Company Information
10.15.2 Karndean Introduction and Business Overview
10.15.3 Karndean LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Karndean LVT Floor Products Offered
10.15.5 Karndean Recent Development
10.16 Parterre
10.16.1 Parterre Company Information
10.16.2 Parterre Introduction and Business Overview
10.16.3 Parterre LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Parterre LVT Floor Products Offered
10.16.5 Parterre Recent Development
10.17 Snmo LVT
10.17.1 Snmo LVT Company Information
10.17.2 Snmo LVT Introduction and Business Overview
10.17.3 Snmo LVT LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Snmo LVT LVT Floor Products Offered
10.17.5 Snmo LVT Recent Development
10.18 Hailide New Material
10.18.1 Hailide New Material Company Information
10.18.2 Hailide New Material Introduction and Business Overview
10.18.3 Hailide New Material LVT Floor Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Hailide New Material LVT Floor Products Offered
10.18.5 Hailide New Material Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 LVT Floor Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 LVT Floor Industrial Chain Analysis
11.4 LVT Floor Market Dynamics
11.4.1 LVT Floor Industry Trends
11.4.2 LVT Floor Market Drivers
11.4.3 LVT Floor Market Challenges
11.4.4 LVT Floor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 LVT Floor Distributors
12.3 LVT Floor Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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