There’s a lot of ground to cover in the world of flooring. Vinyl has been a popular choice for its durability and wide range of styles for many years. Vinyl tile is a flooring material that is generally inexpensive, easy to install, and easy to maintain. Made primarily from polyvinyl chloride resins and plasticizers, these flooring tiles are waterproof and very durable.
There are many types of vinyl tile: vinyl composition tile or reinforced vinyl tile (VCT), luxury vinyl tile (LVT), and solid vinyl tile (SVT).
LPI (LP Information)' newest research report, the “Vinyl Tile Industry Forecast” looks at past sales and reviews total world Vinyl Tile sales in 2022, providing a comprehensive analysis by region and market sector of projected Vinyl Tile sales for 2023 through 2029. With Vinyl Tile sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vinyl Tile industry.
This Insight Report provides a comprehensive analysis of the global Vinyl Tile landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vinyl Tile portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vinyl Tile market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vinyl Tile and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vinyl Tile.
The global Vinyl Tile market size is projected to grow from US$ 3375.9 million in 2022 to US$ 4582.1 million in 2029; it is expected to grow at a CAGR of 4582.1 from 2023 to 2029.
Global Vinyl Tile key players include Armstrong, Tarkett, Mannington Mills, NOX Corporation, Hanwha, etc. Global top five manufacturers hold a share about 40%. USA is the largest market, with a share about 50%, followed by Asia-Pacific and Europe, both have a share about 20 percent. In terms of product, Luxury Vinyl Tile is the largest segment, with a share about 60%. And in terms of application, the largest application is Residential Use, followed by Commercial Use.
This report presents a comprehensive overview, market shares, and growth opportunities of Vinyl Tile market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Vinyl Tile Includes:
Tarkett
Gerflor
Armstrong
Mannington Mills
NOX
Shaw
Hanwha
LG Hausys
Mohawk
Polyflor
Congoleum
Forbo
TOLI
Beaulieu
Tajima
Metroflor
Interface
RiL
Karndean
Roppe
Milliken
Kraus
Parterre
Kingdomfloor
Snmo LVT
Hailide New Material
Taide Plastic Flooring
Market Segment by Type, covers:
Luxury Vinyl Tile (LVT)
Vinyl Composite Tile (VCT)
Others
Market Segment by Applications, can be divided into:
Commercial Use
Residential Use
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vinyl Tile market?
What factors are driving Vinyl Tile market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vinyl Tile market opportunities vary by end market size?
How does Vinyl Tile break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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https://www.lpinformationdata.com/reports/457409/vinyl-tile-2029
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