Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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 (2016-2026); 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 2020. The vinyl flooring industry within the region is further expected to grow at a CAGR of 6.5% between 2021 and 2026 to reach a volume of almost 474.5 million square metres by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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 (2016-2020)
8.3 Global Vinyl Flooring Market Forecast (2021-2026)
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 (2016-2020)
9.3 North America Vinyl Flooring Market Forecast (2021-2026)
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 (2016-2020)
9.4.1.3 Forecast Trend (2021-2026)
9.4.2 Luxury Vinyl Tile (LVT)
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2016-2020)
9.4.2.3 Forecast Trend (2021-2026)
9.4.3 Vinyl Composition Tile (VCT)
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2016-2020)
9.4.3.3 Forecast Trend (2021-2026)
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 (2016-2020)
9.5.1.3 Forecast Trend (2021-2026)
9.5.2 Commercial
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2016-2020)
9.5.2.3 Forecast Trend (2021-2026)
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 (2016-2020)
10.1.2 Forecast Trend (2021-2026)
10.1.3 Breakup by Product Type
10.1.4 Breakup by Sector
10.2 Canada
10.2.1 Historical Trend (2016-2020)
10.2.2 Forecast Trend (2021-2026)
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, 2016 and 2026
2. Global Vinyl Flooring Historical Market: Breakup by Product Type (Million Square Metres), 2016-2020
3. Global Vinyl Flooring Market Forecast: Breakup by Product Type (Million Square Metres), 2021-2026
4. Global Vinyl Flooring Historical Market: Breakup by Sector (Million Square Metres), 2016-2020
5. Global Vinyl Flooring Market Forecast: Breakup by Sector (Million Square Metres), 2021-2026
6. Global Vinyl Flooring Historical Market: Breakup by Region (Million Square Metres), 2016-2020
7. Global Vinyl Flooring Market Forecast: Breakup by Region (Million Square Metres), 2021-2026
8. North America Vinyl Flooring Market: Key Industry Highlights, 2016 and 2026
9. North America Vinyl Flooring Historical Market: Breakup by Product Type (Million Square Metres), 2016-2020
10. North America Vinyl Flooring Market Forecast: Breakup by Product Type (Million Square Metres), 2021-2026
11. North America Vinyl Flooring Historical Market: Breakup by Sector (Million Square Metres), 2016-2020
12. North America Vinyl Flooring Market Forecast: Breakup by Sector (Million Square Metres), 2021-2026
13. North America Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2016-2020
14. North America Vinyl Flooring Market Forecast: Breakup by Country (Million Square Metres), 2021-2026
15. United States Vinyl Flooring Historical Market: Breakup by Product Type (Million Square Metres), 2016-2020
16. United States Vinyl Flooring Market Forecast: Breakup by Product Type (Million Square Metres), 2021-2026
17. United States Vinyl Flooring Historical Market: Breakup by Sector (Million Square Metres), 2016-2020
18. United States Vinyl Flooring Market Forecast: Breakup by Sector (Million Square Metres), 2021-2026
19. Canada Vinyl Flooring Historical Market: Breakup by Product Type (Million Square Metres), 2016-2020
20. Canada Vinyl Flooring Market Forecast: Breakup by Product Type (Million Square Metres), 2021-2026
21. Canada Vinyl Flooring Historical Market: Breakup by Sector (Million Square Metres), 2016-2020
22. Canada Vinyl Flooring Market Forecast: Breakup by Sector (Million Square Metres), 2021-2026
23. North America Vinyl Flooring Market Structure
Key Questions Answered in the Report
In 2020, the North America vinyl flooring market reached a volume of 325.2 million square metres.
In the forecast period of 2021-2026, the market in North America is projected to grow at a CAGR of 6.5%.
By 2026, 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 2020 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 2021-2026, growing at a CAGR of 6.5%. The market is projected to reach 474.5 million square metres by 2026.
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.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global concrete floor coatings market was driven by the growing residential construction industry in recent years. Aided by rapid industrialisation and the increasing logistics and distribution in...
The global laminate flooring market attained a volume of 975.2 million sq. metres in 2020. The market is further projected to grow during the forecast period of 2021-2026 at a CAGR of 1.8% to reach a ...
The India vinyl flooring market reached a volume of 42 million square metres in 2020 while growing at a CAGR of about 5% between 2016 and 2020. The market is further expected to grow at a positive rat...
The global vinyl flooring market reached a volume of about 1113 million square metres in 2020. The market is further expected to grow at a CAGR of around 5% between 2021 and 2026 to reach a volume of ...
The North America laminate flooring market attained a volume of 118 million square metres in 2020. The industry is further expected to grow at a CAGR of 3.5% between 2021 and 2026 to reach a volume of...
NEWSLETTER