The Global Luxury Vinyl Tile LVT Market Size was estimated at USD 8170.98 million in 2023 and is projected to reach USD 18751.80 million by 2030, exhibiting a CAGR of 13.60% during the forecast period 2024-2030.
Luxury vinyl tiles-LVT are a type of tile that is designed to mimic natural flooring. LVT is a great way to enhance the look of any building. It also has properties like durability, comfort and protection against extreme weather conditions. LVT flooring is also used in residential constructions to enhance the aesthetic appeal, durability, and comfort. The waterproof nature of LVT makes it ideal for basements, bathrooms, laundry, kitchens and kitchens. They have an adhesive on one side so they can be adhered to the floor. It is expected that the main driver will be an increase in renovation and remodeling projects, as well as construction.
The Luxury Vinyl Tile LVT Market report provides a qualitative analysis, which includes drivers and opportunities, difficulties, and trends to better know the current market dynamics. It also outlines the most important strategy for organic or inorganic use by market players. The section on company profiles will focus on strategic changes that include mergers, acquisitions, and product launches as well as joint ventures, partnerships, and collaborations, as well as investment in research and development, as well as the expansion of top firms operating on both the global and regional levels.
To gain a complete understanding of the market, it is crucial to comprehend the entire value chain. To aid in that, Market Report Service collects data from C-level executives, the vice president’s national sales head as well as product managers and distributors. Trends and issues in technical areas are collected from technical symposia, surveys, and trade journals. Additionally, data on technical aspects is collected from an intellectual property perspective, with a focus on the white areas and free movement.
MRS is also involved in conducting various analyses using macro and micro-economic variables. Based on the vertical of the industry and the industry vertical, we determine the metric. For markets with different types we chart the sales and production across all countries. For each of the countries, we track the progress made by the various players in order to comprehend the current developments and trends in technology.
We also conduct thorough mapping of each product or service category. This allows us to comprehend the latest trends and futuristic technological benchmarking. The information that is created has a broad range of original data which is also authenticated and cross-validated against the published sources.
To validate a handful of market statistics or trends, the top companies, and their market share We conduct phone-based interviews with experts in the field to verify data collected from other sources and gain valuable insights to a particular market.
COVID-19 Impact Analysis
COVID-19 had a huge influence on those affected and the general public and the economy. The report gives a brief review of the evolution of the coronavirus epidemic. It also includes the micro- and macro-economic impact analysis.
The report also highlights the size and share of the market that is impacted by COVID-19. In addition, it offers an overview of the effects that COVID-19 has on the Luxury Vinyl Tile LVT Market supply chain. The number of COVID-19 patients in the near future and safety precautions being adopted by government agencies and the vaccinations being administered rapidly to limit the spread of coronavirus is expected to slowly reduce the impact of COVID-19 on the world keyword market for Luxury Vinyl Tile LVT. It also highlights the main strategies that players have adopted in the current worldwide health emergency. The report also provides the post-COVID-19 impact analysis and pre-COVID-19 impact studies.
The Report includes the following Key Details
• Which is the potential business segment?
• Which is the highest revenue generating stream?
• How much is the demand at regional and country level?
• Strategies adopted by key players to sustain in this pandemic
• Major players and their detailed analysis
• Industry and value chain analysis
Reasons to Purchase this Report
• Analysing quantitative and qualitative aspects of the market, based on segmentation that includes both economic and non-economic elements
• Market worth (USD Billion) information in each sub-segment and segment
• Identifies the region and segment expected to see the highest expansion and dominate the market
• Analysis of geography that highlights the demand for the product/service within the region as well in highlighting the elements that influence the market in each region.
• Competitive landscape that includes the market position of the most prominent players, in addition to new product launches partnership, business expansions, partnerships and acquisitions within the last five years for the companies that are profiled.
• Comprehensive company profiles consisting of company overviews as well as company and product information, benchmarking and SWOT analysis of the biggest market players
• The present and the future market forecast for the sector in relation to the latest developments that involve drivers and growth opportunities as also challenges and limitations of emerging and developed regions.
• Provides in-depth study of market from diverse perspectives by Porter's Five forces analysis
• Provides an insight into the market via Value Chain
• Market dynamics and scenario and growth opportunities for the market over the coming years
• Support for post-sales analysts for 6 months
Luxury Vinyl Tile LVT Market Scope:
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Report Data
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Luxury Vinyl Tile LVT Market
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Luxury Vinyl Tile LVT Market Forecast 2024
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XX million/billion (2024-2030)
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Luxury Vinyl Tile LVT Market CAGR 2024 - 2030
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13.60%
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Luxury Vinyl Tile LVT Market Analysis Period
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2024 - 2030
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Luxury Vinyl Tile LVT Market Base Year
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2023
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Luxury Vinyl Tile LVT Market Forecast Data
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2024 - 2030
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Segments Covered
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By Type, By Application, And by Regions
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Key Companies Profiled
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Tarkett, Armstrong, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors, Metroflor, Karndean, Beaulieu, LG Hausys, Milliken, NOX Corporation, Novalis, Polyflor.
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Key Segments
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By Type
Loose-lay LVT
Dry-back LVT
SPC
WPC
Others
By Applications
Commercial Use
Residential Use
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Report Coverage
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Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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Frequently Asked Questions
What is the future market value of the Luxury Vinyl Tile LVT Market?
The current market value for Luxury Vinyl Tile LVT Market is expected USD XX million/billion by 2023.
What is the CAGR of the Market?
The Luxury Vinyl Tile LVT Market is to grow at a CAGR of 13.60% during the forecast by 2030.
What is the Market segment?
On the basis of type, the Luxury Vinyl Tile LVT Market is segmented into Loose-lay LVT
Dry-back LVT
SPC
WPC
Others.
Who are the key players operating in the Luxury Vinyl Tile LVT Market?
The major players operating in the Luxury Vinyl Tile LVT Market are Tarkett, Armstrong, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors, Metroflor, Karndean, Beaulieu, LG Hausys, Milliken, NOX Corporation, Novalis, Polyflor.
TABLE OF CONTENTS
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Luxury Vinyl Tile LVT
1.2 Key Market Segments
1.2.1 Luxury Vinyl Tile LVT Segment by Type
1.2.2 Luxury Vinyl Tile LVT Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Luxury Vinyl Tile LVT Market Overview
2.1 Global Market Overview
2.1.1 Global Luxury Vinyl Tile LVT Market Size (M USD) Estimates and Forecasts (2018-2030)
2.1.2 Global Luxury Vinyl Tile LVT Sales Estimates and Forecasts (2018-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Luxury Vinyl Tile LVT Market Competitive Landscape
3.1 Global Luxury Vinyl Tile LVT Sales by Manufacturers (2018-2023)
3.2 Global Luxury Vinyl Tile LVT Revenue Market Share by Manufacturers (2018-2023)
3.3 Luxury Vinyl Tile LVT Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Luxury Vinyl Tile LVT Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Luxury Vinyl Tile LVT Sales Sites, Area Served, Product Type
3.6 Luxury Vinyl Tile LVT Market Competitive Situation and Trends
3.6.1 Luxury Vinyl Tile LVT Market Concentration Rate
3.6.2 Global 5 and 10 Largest Luxury Vinyl Tile LVT Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Luxury Vinyl Tile LVT Industry Chain Analysis
4.1 Luxury Vinyl Tile LVT Industry Chain Analysis
4.2 Market Overview and Market Concentration Analysis of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Luxury Vinyl Tile LVT Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Luxury Vinyl Tile LVT Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Luxury Vinyl Tile LVT Sales Market Share by Type (2018-2023)
6.3 Global Luxury Vinyl Tile LVT Market Size Market Share by Type (2018-2023)
6.4 Global Luxury Vinyl Tile LVT Price by Type (2018-2023)
7 Luxury Vinyl Tile LVT Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Luxury Vinyl Tile LVT Market Sales by Application (2018-2023)
7.3 Global Luxury Vinyl Tile LVT Market Size (M USD) by Application (2018-2023)
7.4 Global Luxury Vinyl Tile LVT Sales Growth Rate by Application (2018-2023)
8 Luxury Vinyl Tile LVT Market Segmentation by Region
8.1 Global Luxury Vinyl Tile LVT Sales by Region
8.1.1 Global Luxury Vinyl Tile LVT Sales by Region
8.1.2 Global Luxury Vinyl Tile LVT Sales Market Share by Region
8.2 North America
8.2.1 North America Luxury Vinyl Tile LVT Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Luxury Vinyl Tile LVT Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Luxury Vinyl Tile LVT Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Luxury Vinyl Tile LVT Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Luxury Vinyl Tile LVT Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profiled
9.1 Tarkett
9.1.1 Tarkett Luxury Vinyl Tile LVT Basic Information
9.1.2 Tarkett Luxury Vinyl Tile LVT Product Overview
9.1.3 Tarkett Luxury Vinyl Tile LVT Product Market Performance
9.1.4 Tarkett Business Overview
9.1.5 Tarkett Luxury Vinyl Tile LVT SWOT Analysis
9.1.6 Tarkett Recent Developments
9.2 Armstrong
9.2.1 Armstrong Luxury Vinyl Tile LVT Basic Information
9.2.2 Armstrong Luxury Vinyl Tile LVT Product Overview
9.2.3 Armstrong Luxury Vinyl Tile LVT Product Market Performance
9.2.4 Armstrong Business Overview
9.2.5 Armstrong Luxury Vinyl Tile LVT SWOT Analysis
9.2.6 Armstrong Recent Developments
9.3 Mohawk
9.3.1 Mohawk Luxury Vinyl Tile LVT Basic Information
9.3.2 Mohawk Luxury Vinyl Tile LVT Product Overview
9.3.3 Mohawk Luxury Vinyl Tile LVT Product Market Performance
9.3.4 Mohawk Business Overview
9.3.5 Mohawk Luxury Vinyl Tile LVT SWOT Analysis
9.3.6 Mohawk Recent Developments
9.4 Mannington Mills
9.4.1 Mannington Mills Luxury Vinyl Tile LVT Basic Information
9.4.2 Mannington Mills Luxury Vinyl Tile LVT Product Overview
9.4.3 Mannington Mills Luxury Vinyl Tile LVT Product Market Performance
9.4.4 Mannington Mills Business Overview
9.4.5 Mannington Mills Luxury Vinyl Tile LVT SWOT Analysis
9.4.6 Mannington Mills Recent Developments
9.5 Congoleum
9.5.1 Congoleum Luxury Vinyl Tile LVT Basic Information
9.5.2 Congoleum Luxury Vinyl Tile LVT Product Overview
9.5.3 Congoleum Luxury Vinyl Tile LVT Product Market Performance
9.5.4 Congoleum Business Overview
9.5.5 Congoleum Luxury Vinyl Tile LVT SWOT Analysis
9.5.6 Congoleum Recent Developments
9.6 Gerflor
9.6.1 Gerflor Luxury Vinyl Tile LVT Basic Information
9.6.2 Gerflor Luxury Vinyl Tile LVT Product Overview
9.6.3 Gerflor Luxury Vinyl Tile LVT Product Market Performance
9.6.4 Gerflor Business Overview
9.6.5 Gerflor Recent Developments
9.7 Forbo
9.7.1 Forbo Luxury Vinyl Tile LVT Basic Information
9.7.2 Forbo Luxury Vinyl Tile LVT Product Overview
9.7.3 Forbo Luxury Vinyl Tile LVT Product Market Performance
9.7.4 Forbo Business Overview
9.7.5 Forbo Recent Developments
9.8 Shaw Floors
9.8.1 Shaw Floors Luxury Vinyl Tile LVT Basic Information
9.8.2 Shaw Floors Luxury Vinyl Tile LVT Product Overview
9.8.3 Shaw Floors Luxury Vinyl Tile LVT Product Market Performance
9.8.4 Shaw Floors Business Overview
9.8.5 Shaw Floors Recent Developments
9.9 Metroflor
9.9.1 Metroflor Luxury Vinyl Tile LVT Basic Information
9.9.2 Metroflor Luxury Vinyl Tile LVT Product Overview
9.9.3 Metroflor Luxury Vinyl Tile LVT Product Market Performance
9.9.4 Metroflor Business Overview
9.9.5 Metroflor Recent Developments
9.10 Karndean
9.10.1 Karndean Luxury Vinyl Tile LVT Basic Information
9.10.2 Karndean Luxury Vinyl Tile LVT Product Overview
9.10.3 Karndean Luxury Vinyl Tile LVT Product Market Performance
9.10.4 Karndean Business Overview
9.10.5 Karndean Recent Developments
9.11 Beaulieu
9.11.1 Beaulieu Luxury Vinyl Tile LVT Basic Information
9.11.2 Beaulieu Luxury Vinyl Tile LVT Product Overview
9.11.3 Beaulieu Luxury Vinyl Tile LVT Product Market Performance
9.11.4 Beaulieu Business Overview
9.11.5 Beaulieu Recent Developments
9.12 LG Hausys
9.12.1 LG Hausys Luxury Vinyl Tile LVT Basic Information
9.12.2 LG Hausys Luxury Vinyl Tile LVT Product Overview
9.12.3 LG Hausys Luxury Vinyl Tile LVT Product Market Performance
9.12.4 LG Hausys Business Overview
9.12.5 LG Hausys Recent Developments
9.13 Milliken
9.13.1 Milliken Luxury Vinyl Tile LVT Basic Information
9.13.2 Milliken Luxury Vinyl Tile LVT Product Overview
9.13.3 Milliken Luxury Vinyl Tile LVT Product Market Performance
9.13.4 Milliken Business Overview
9.13.5 Milliken Recent Developments
9.14 NOX Corporation
9.14.1 NOX Corporation Luxury Vinyl Tile LVT Basic Information
9.14.2 NOX Corporation Luxury Vinyl Tile LVT Product Overview
9.14.3 NOX Corporation Luxury Vinyl Tile LVT Product Market Performance
9.14.4 NOX Corporation Business Overview
9.14.5 NOX Corporation Recent Developments
9.15 Novalis
9.15.1 Novalis Luxury Vinyl Tile LVT Basic Information
9.15.2 Novalis Luxury Vinyl Tile LVT Product Overview
9.15.3 Novalis Luxury Vinyl Tile LVT Product Market Performance
9.15.4 Novalis Business Overview
9.15.5 Novalis Recent Developments
9.16 Polyflor
9.16.1 Polyflor Luxury Vinyl Tile LVT Basic Information
9.16.2 Polyflor Luxury Vinyl Tile LVT Product Overview
9.16.3 Polyflor Luxury Vinyl Tile LVT Product Market Performance
9.16.4 Polyflor Business Overview
9.16.5 Polyflor Recent Developments
10 Luxury Vinyl Tile LVT Market Forecast by Region
10.1 Global Luxury Vinyl Tile LVT Market Size Forecast
10.2 Global Luxury Vinyl Tile LVT Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Luxury Vinyl Tile LVT Market Size Forecast by Country
10.2.3 Asia Pacific Luxury Vinyl Tile LVT Market Size Forecast by Region
10.2.4 South America Luxury Vinyl Tile LVT Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Luxury Vinyl Tile LVT by Country
11 Forecast Market by Type and by Application (2022-2028)
11.1 Global Luxury Vinyl Tile LVT Market Forecast by Type (2022-2028)
11.1.1 Global Forecasted Sales of Luxury Vinyl Tile LVT by Type (2022-2028)
11.1.2 Global Luxury Vinyl Tile LVT Market Size Forecast by Type (2022-2028)
11.1.3 Global Forecasted Price of Luxury Vinyl Tile LVT by Type (2022-2028)
11.2 Global Luxury Vinyl Tile LVT Market Forecast by Application (2022-2028)
11.2.1 Global Luxury Vinyl Tile LVT Sales (K MT) Forecast by Application
11.2.2 Global Luxury Vinyl Tile LVT Market Size (M USD) Forecast by Application (2022-2028)
12 Conclusion and Key Findings
Luxury Vinyl Tile LVT Market Scope:
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Report Data
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Luxury Vinyl Tile LVT Market
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|
Luxury Vinyl Tile LVT Market Forecast 2024
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XX million/billion (2024-2030)
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|
Luxury Vinyl Tile LVT Market CAGR 2024 - 2030
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13.60%
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Luxury Vinyl Tile LVT Market Analysis Period
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2024 - 2030
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Luxury Vinyl Tile LVT Market Base Year
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2023
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Luxury Vinyl Tile LVT Market Forecast Data
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2024 - 2030
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|
Segments Covered
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By Type, By Application, And by Regions
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|
Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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|
Key Companies Profiled
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Tarkett, Armstrong, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors, Metroflor, Karndean, Beaulieu, LG Hausys, Milliken, NOX Corporation, Novalis, Polyflor.
|
|
Key Segments
|
By Type
Loose-lay LVT
Dry-back LVT
SPC
WPC
Others
By Applications
Commercial Use
Residential Use
|
|
Report Coverage
|
Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
|
Frequently Asked Questions
What is the future market value of the Luxury Vinyl Tile LVT Market?
The current market value for Luxury Vinyl Tile LVT Market is expected USD XX million/billion by 2023.
What is the CAGR of the Market?
The Luxury Vinyl Tile LVT Market is to grow at a CAGR of 13.60% during the forecast by 2030.
What is the Market segment?
On the basis of type, the Luxury Vinyl Tile LVT Market is segmented into Loose-lay LVT
Dry-back LVT
SPC
WPC
Others.
Who are the key players operating in the Luxury Vinyl Tile LVT Market?
The major players operating in the Luxury Vinyl Tile LVT Market are Tarkett, Armstrong, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors, Metroflor, Karndean, Beaulieu, LG Hausys, Milliken, NOX Corporation, Novalis, Polyflor.
Luxury Vinyl Tile LVT Market Scope:
|
Report Data
|
Luxury Vinyl Tile LVT Market
|
|
Luxury Vinyl Tile LVT Market Forecast 2024
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XX million/billion (2024-2030)
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|
Luxury Vinyl Tile LVT Market CAGR 2024 - 2030
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13.60%
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Luxury Vinyl Tile LVT Market Analysis Period
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2024 - 2030
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Luxury Vinyl Tile LVT Market Base Year
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2023
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Luxury Vinyl Tile LVT Market Forecast Data
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2024 - 2030
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|
Segments Covered
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By Type, By Application, And by Regions
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|
Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
|
|
Key Companies Profiled
|
Tarkett, Armstrong, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors, Metroflor, Karndean, Beaulieu, LG Hausys, Milliken, NOX Corporation, Novalis, Polyflor.
|
|
Key Segments
|
By Type
Loose-lay LVT
Dry-back LVT
SPC
WPC
Others
By Applications
Commercial Use
Residential Use
|
|
Report Coverage
|
Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
|
Frequently Asked Questions
What is the future market value of the Luxury Vinyl Tile LVT Market?
The current market value for Luxury Vinyl Tile LVT Market is expected USD XX million/billion by 2023.
What is the CAGR of the Market?
The Luxury Vinyl Tile LVT Market is to grow at a CAGR of 13.60% during the forecast by 2030.
What is the Market segment?
On the basis of type, the Luxury Vinyl Tile LVT Market is segmented into Loose-lay LVT
Dry-back LVT
SPC
WPC
Others.
Who are the key players operating in the Luxury Vinyl Tile LVT Market?
The major players operating in the Luxury Vinyl Tile LVT Market are Tarkett, Armstrong, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors, Metroflor, Karndean, Beaulieu, LG Hausys, Milliken, NOX Corporation, Novalis, Polyflor.
