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The North America vinyl flooring market attained a volume of 392.83 million square metres in 2023. The vinyl flooring industry within the region is further expected to grow at a CAGR of 6.5% between 2024 and 2032 to reach a volume of almost 692.36 million square metres by 2032.
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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.
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.
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The North America vinyl flooring market is divided on the basis of product type into:
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:
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.
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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.
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:
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.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Sector |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
North America Vinyl Flooring Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the North America vinyl flooring market reached a volume of 392.83 million square metres.
In the forecast period of 2024-2032, the market in North America is projected to grow at a CAGR of 6.5%.
By 2032, the market is estimated to reach a volume of nearly 692.36 million square metres.
The major drivers of the market are rising disposable incomes, thriving construction sector, increasing renovation activities, and cost-effectiveness of vinyl flooring.
Technological advancements in the manufacturing process and customised design solutions offered by various manufacturers are the key trends of the market.
The leading countries for vinyl flooring in North America are the United States and Canada.
Luxury vinyl tile (LVT), vinyl sheet, and vinyl composition tile (VCT) are the various product types of vinyl flooring in the market.
The primary sectors of vinyl flooring in the market are residential and commercial.
The major players in the North America vinyl flooring market are Armstrong Flooring Inc., Mannington Mills, Inc., American Biltrite Ltd., Adore Floors, Inc., and Tarkett USA & Canada, among others.
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