Reports

North America Vinyl Flooring Market: By Product Type: Vinyl Sheet, Luxury Vinyl Tile (LVT), Vinyl Composition Tile (VCT); By Sector: Residential, Commercial; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Value Chain Analysis; Price Analysis; Competitive Landscape; Industry Events and Developments

North America Vinyl Flooring Market Outlook

The North America vinyl flooring market attained a volume of 325.2 million square metres in 2019. The vinyl flooring industry within the region is further expected to grow at a CAGR of 6.5% between 2020 and 2025 to reach a volume of almost 474.5 million square metres by 2025.

The North America market is leading the regional market for the product owing to the thriving construction industry within the region. Vinyl flooring is a kind of resilient flooring that is extensively used in the construction sector. It acts as a cost-effective alternative for natural floors like concrete, ceramic, marble, and wood. Furthermore, it is generally used in commercial settings as it exhibits the potential to endure high foot traffic. It is easy-to-maintain, durable, shock-absorbent, moisture-resistant, and has a service life of approximately 40 years. Due to its cost-effectiveness, easy installation, superior comfort, and noise control, vinyl flooring is widely used in the residential and commercial sectors in the North American region.

 

North America Vinyl Flooring Market Report and Forecast 2020-2025

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Properties and Applications

Vinyl flooring, also called resilient flooring, is made from an amalgamation of natural and synthetic polymer materials. It is stain and water-resistant and offers a versatile synthetic flooring, which is widely suitable for kitchens and bathrooms.

The North America vinyl flooring market is divided on the basis of product type into:

  • Vinyl Sheet
  • Luxury Vinyl Tile (LVT)
  • Vinyl Composition Tile (VCT)

Amongst these, luxury vinyl tile (LVT) holds a considerable market share in the industry in North America.

Based on sectors, the industry is bifurcated into:

  • Residential
  • Commercial

Currently, the commercial sector accounts for a significant share in the industry due to the cost-effectiveness and quality aesthetics of these tiles.

The report also covers the regional markets for the products in North America like the United States and Canada.

 

Market Analysis

The North America vinyl flooring market is driven by the accelerating urbanisation and industrialisation, rising disposable incomes, and the growing interest of consumers towards home décor. The industry is further accelerated by the several advantages that vinyl flooring offers, such as cost-effectiveness, easy installation and maintenance, and moisture-resistance. Increasing technological advancements in the manufacturing process have led to enhanced performance, installation, and design, thereby propelling the industry growth of vinyl flooring. Further, the increasing renovation activities in the region have induced the growth of the industry.

The industry in the region is further expanding due to the rise in the demand for low maintenance and lightweight materials within the residential sector in the North America region. Apart from this, the rising preference for luxury vinyl tiles is attributed to the increasing income levels of the individuals. Several manufacturers within this industry are offering customisation in terms of patterns, colours, textures, and dimensions of the product to increase their consumer base. Also, they are initiating innovations, such as digital printing technology and self-adhesive floorings, which are predicted to invigorate the industry growth in the region in the coming years.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the vinyl flooring market in North America, covering their market share, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Armstrong Flooring Inc. (NYSE: AFI)
  • Mannington Mills, Inc.
  • American Biltrite Ltd. 
  • Adore Floors, Inc.
  • Tarkett USA & Canada. 
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Vinyl Flooring Market Overview

    8.1    Key Industry Highlights
    8.2    Global Vinyl Flooring Historical Market (2015-2019) 
    8.3    Global Vinyl Flooring Market Forecast (2020-2025)
    8.4    Global Vinyl Flooring Market by Product Type
    8.5    Global Vinyl Flooring Market by Sector
    8.6    Global Vinyl Flooring Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    North America Vinyl Flooring Market Analysis
    9.1    Key Industry Highlights
    9.2    North America Vinyl Flooring Historical Market (2015-2019) 
    9.3    North America Vinyl Flooring Market Forecast (2020-2025)
    9.4    North America Vinyl Flooring Market by Product Type
        9.4.1    Vinyl Sheet
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2015-2019)
            9.4.1.3    Forecast Trend (2020-2025)
        9.4.2    Luxury Vinyl Tile (LVT)
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2015-2019)
            9.4.2.3    Forecast Trend (2020-2025)
        9.4.3    Vinyl Composition Tile (VCT)
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2015-2019)
            9.4.3.3    Forecast Trend (2020-2025)
    9.5    North America Vinyl Flooring Market by Sector
        9.5.1    Residential
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2015-2019)
            9.5.1.3    Forecast Trend (2020-2025)
        9.5.2    Commercial
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2015-2019)
            9.5.2.3    Forecast Trend (2020-2025)
    9.6    North America Vinyl Flooring Market by Country
        9.6.1    Market Share
            9.6.1.1    United States
            9.6.1.2    Canada
10    Regional Analysis
    10.1    United States
        10.1.1    Historical Trend (2015-2019)
        10.1.2    Forecast Trend (2020-2025)
        10.1.3    Breakup by Product Type
        10.1.4    Breakup by Sector
    10.2    Canada
        10.2.1    Historical Trend (2015-2019)
        10.2.2    Forecast Trend (2020-2025)
        10.2.3    Breakup by Product Type
        10.2.4    Breakup by Sector
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyers Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    EMR’s Key Indicators for Demand
    11.4    EMR’s Key Indicators for Price
12    Value Chain Analysis
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players' Market Share
    14.3    Company Profiles
        14.3.1    Armstrong Flooring Inc. (NYSE: AFI)
            14.3.1.1    Company Overview
            14.3.1.2    Product Portfolio
            14.3.1.3    Demographic Reach and Achievements
            14.3.1.4    Financial Summary
            14.3.1.5    Certifications
        14.3.2    Mannington Mills, Inc.
            14.3.2.1    Company Overview
            14.3.2.2    Product Portfolio
            14.3.2.3    Demographic Reach and Achievements
            14.3.2.4    Financial Summary
            14.3.2.5    Certifications
        14.3.3    American Biltrite Ltd. (OTCMKTS: ABLT)
            14.3.3.1    Company Overview
            14.3.3.2    Product Portfolio
            14.3.3.3    Demographic Reach and Achievements
            14.3.3.4    Financial Summary
            14.3.3.5    Certifications
        14.3.4    Adore Floors, Inc.
            14.3.4.1    Company Overview
            14.3.4.2    Product Portfolio
            14.3.4.3    Demographic Reach and Achievements
            14.3.4.4    Financial Summary
            14.3.4.5    Certifications
        14.3.5    Tarkett USA & Canada. 
            14.3.5.1    Company Overview
            14.3.5.2    Product Portfolio
            14.3.5.3    Demographic Reach and Achievements
            14.3.5.4    Financial Summary
            14.3.5.5    Certifications
        14.3.6    Others
15    Industry Events and Developments


List of Figures and Tables

1.    Global Vinyl Flooring Market: Key Industry Highlights, 2015 and 2025
2.    Global Vinyl Flooring Historical Market: Breakup by Product Type (USD Billion), 2015-2019
3.    Global Vinyl Flooring Market Forecast: Breakup by Product Type (USD Billion), 2020-2025
4.    Global Vinyl Flooring Historical Market: Breakup by Sector (USD Billion), 2015-2019
5.    Global Vinyl Flooring Market Forecast: Breakup by Sector (USD Billion), 2020-2025
6.    Global Vinyl Flooring Historical Market: Breakup by Region (USD Billion), 2015-2019
7.    Global Vinyl Flooring Market Forecast: Breakup by Region (USD Billion), 2020-2025
8.    North America Vinyl Flooring Market: Key Industry Highlights, 2015 and 2025
9.    North America Vinyl Flooring Historical Market: Breakup by Product Type (USD Billion), 2015-2019
10.    North America Vinyl Flooring Market Forecast: Breakup by Product Type (USD Billion), 2020-2025
11.    North America Vinyl Flooring Historical Market: Breakup by Sector (USD Billion), 2015-2019
12.    North America Vinyl Flooring Market Forecast: Breakup by Sector (USD Billion), 2020-2025
13.    North America Vinyl Flooring Historical Market: Breakup by Country (USD Billion), 2015-2019
14.    North America Vinyl Flooring Market Forecast: Breakup by Country (USD Billion), 2020-2025
15.    United States Vinyl Flooring Historical Market: Breakup by Product Type (USD Billion), 2015-2019
16.    United States Vinyl Flooring Market Forecast: Breakup by Product Type (USD Billion), 2020-2025
17.    United States Vinyl Flooring Historical Market: Breakup by Sector (USD Billion), 2015-2019
18.    United States Vinyl Flooring Market Forecast: Breakup by Sector (USD Billion), 2020-2025
19.    Canada Vinyl Flooring Historical Market: Breakup by Product Type (USD Billion), 2015-2019
20.    Canada Vinyl Flooring Market Forecast: Breakup by Product Type (USD Billion), 2020-2025
21.    Canada Vinyl Flooring Historical Market: Breakup by Sector (USD Billion), 2015-2019
22.    Canada Vinyl Flooring Market Forecast: Breakup by Sector (USD Billion), 2020-2025
23.    North America Vinyl Flooring Market Structure

Key Questions Answered in the Report

In 2019, the North America vinyl flooring market reached a volume of 325.2 million square metres.

In the forecast period of 2020-2025, the market in North America is projected to grow at a CAGR of 6.5%.

By 2025, the market is estimated to reach a volume of nearly 474.5 million square metres.

The major drivers of the industry such as rising disposable incomes, increasing population, thriving construction sector, rising renovation activities, and cost-effectiveness of the material in the industry are expected to aid the market growth.

Technological advancements in the manufacturing process and customised design solutions offered by various manufacturers are the key trends guiding the growth of the market.

The leading regions for the product in North America are the United States and Canada.

Luxury vinyl tile (LVT) is the most significant product type in the industry.

The largest sector in market is the commercial sector.

The major players in the industry are Armstrong Flooring Inc., Mannington Mills, Inc., American Biltrite Ltd., Adore Floors, Inc., and Tarkett USA & Canada, among others.

Analyst Review

The North America vinyl flooring market attained a volume of 325.2 million square metres in 2019 driven by the growing construction industry. Aided by the advent of technologies like self-adhesive floorings in the region, the market is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 6.5%. The market is projected to reach 474.5 million square metres by 2025.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its product types, the industry can be segmented into vinyl sheet, luxury vinyl tile (LVT), and vinyl composition tile (VCT), with the luxury vinyl tile (LVT) accounting for the largest market share. On the basis of sectors, the commercial sector accounts for the largest share in the regional market. The major regional markets for the product are the United States and Canada. The key players in the above industry include Armstrong Flooring Inc., Mannington Mills, Inc., American Biltrite Ltd., Adore Floors, Inc., and Tarkett USA & Canada, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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