Luxury Vinyl Flooring (LVT) market to showcase 11.5% CAGR between 2019 - 2025

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Global Luxury Vinyl Flooring (LVT) market is on track to garner significant returns during 2019-2025, showcasing a yearly growth rate of 11.5 % during the stipulated timeframe, and subsequently amassing 14240 Million USD by 2025, surge from 9219.9 Million USD in 2019.

Luxury Vinyl Flooring (LVT) Market

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The Luxury Vinyl Flooring (LVT) market research report covers all crucial aspects such as key trends and factors governing the growth and slowdown of this industry vertical. Moreover, it offers valuable insights about the future growth trajectory of this domain meticulous evaluation of past and present business scenario. Besides, the research literature thoroughly defines the size and shares of the market and its segment while unveiling the opportunities that promise high returns in the coming years.

Luxury Vinyl Flooring (LVT) Market Report Coverage
Report Covrage Details
Base Year: 2019
Market Size in 2019: 9219.9 Million (USD)
Forecast Year: 2025
Forecast Value: 14240 Million (USD)
CAGR: 11.5%
By Application: Commercial Use, Residential Use
By Product: Dry-back LVT, Loose-lay LVT, SPC, WPC, Others
By Key Players: Tarkett, Zhejiang Kingdom, Mohawk, Armstrong, Novalis, NOX Corporation, Zhangjiagang Elegant Plastics, Congoleum, Mannington Mills, Tianzhen Bamboo Flooring, LG Hausys, Gerflor, CFL Flooring, Snmo LVT, Jinka Flooring, Zhejiang Walrus New Material, Zhejiang GIMIG Technology, Forbo, Shaw Floors, Metroflor, Beaulieu, Zhengfu Plastic, Hailide New Material, Taizhou Huali New Materials, Mingart (Lutai) Technology, Zhangjiagang Yihua Rundong

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The latest Luxury Vinyl Flooring (LVT) market report aims to unearth the best opportunities and foster efficient information for businesses to thrive in this vertical during the forecast period 2019-2025. Moreover, it endeavors to provide appropriate solutions to complex challenges and initiates an effortless decision-making process.

As per expert analysts, the industry is anticipated to accrue substantial returns, exhibiting 11.5% CAGR over the stipulated timeframe.

Proceeding further, the research literature encompasses wide-ranging and comprehensive insights on the various sub-markets. It then proceeds to delineate the competitive landscape with respect to the leading players, emerging contenders, and new entrants in the industry. Apart from this, in view of the disruptions caused by the Covid-19 pandemic, the study makes inclusion of various plans to effectively navigate these uncertain times.

Key highlights from the Luxury Vinyl Flooring (LVT) market report:

  • Impact of Covid-19 on market remuneration scope
  • Records of the sales volume and revenue
  • Prevalent and upcoming industry trends
  • Positives and negatives of direct and indirect sales channels
  • A citation of the top distributors, traders, and dealers

Luxury Vinyl Flooring (LVT) market segments covered in the report:

  • Country-wise analysis of each regional market
  • Total sales, returns, and market share held by each region
  • Projections for the growth rate and revenue of each region over the forecast duration

Product types: Dry-back LVT, Loose-lay LVT, SPC, WPC, Others

  • Pricing of each product type
  • Estimated market share of each product segment based on the sales and revenue garnered

Application spectrum: Commercial Use, Residential Use

  • Product pricing based on their application reach
  • Sales and revenue of each application segment over during the assessment period

Competitive dashboard: Tarkett, Zhejiang Kingdom, Mohawk, Armstrong, Novalis, NOX Corporation, Zhangjiagang Elegant Plastics, Congoleum, Mannington Mills, Tianzhen Bamboo Flooring, LG Hausys, Gerflor, CFL Flooring, Snmo LVT, Jinka Flooring, Zhejiang Walrus New Material, Zhejiang GIMIG Technology, Forbo, Shaw Floors, Metroflor, Beaulieu, Zhengfu Plastic, Hailide New Material, Taizhou Huali New Materials, Mingart (Lutai) Technology, Zhangjiagang Yihua Rundong

  • Basic details of each company.
  • Product and service catalogue of the listed companies
  • Tallies of pricing model, sales, gross margins and industry share of each contender
  • SWOT analysis of the mentioned firms
  • Conclusive data on the commercialization rate, market concentration ratio, marketing strategies, and other business centric aspects

Frequently Asked Questions (FAQ) :

Overall Luxury Vinyl Flooring (LVT) market would be pegged at a valuation of 14240 Million USD in 2025.
Luxury Vinyl Flooring (LVT) market is likely to depict a CAGR of 11.5 % over 2019-2025.
The Luxury Vinyl Flooring (LVT) market in 2019 exhibited a revenue of 9219.9 Million USD .

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