Sale

Vinyl Flooring Market

Global Vinyl Flooring Market Trends, Analysis, Report: By Product Type: Vinyl Sheet, Luxury Vinyl Tile (LVT), Vinyl Composition Tile (VCT); By Sector: Residential, Commercial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Value Chain Analysis; Price Analysis; Competitive Landscape; 2024-2032

Global Vinyl Flooring Market Outlook

The global vinyl flooring market reached a volume of about 1288.43 million square metres in 2023. The market is further expected to grow at a CAGR of around 5% between 2024 and 2032 to reach a volume of nearly 1998.75 million square metres by 2032.

 

Global Vinyl Flooring Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

North America has a strong dominant position in the industry, accounting for a majority of the industry share. This is due to the increased construction activities and recognition of the benefits provided by vinyl flooring, including simple installation, low maintenance costs, as well as the availability of new designs. The industry is being dominated by the residential sector due to an increase in the demand for modified residential construction material. Luxury vinyl tiles account for the largest segment because they are a low-cost option for tiles or planks.

 

Properties and Applications

Vinyl flooring, also referred to as robust floors, is built by mixing natural and synthetic polymer materials put in structural units. This is a durable synthetic flooring material that is water as well as stain-resistant. Vinyl floors are cost-effective and have many qualities, like longevity, robust handling, and design capabilities that make them perfect in hospitals, schools, offices, and homes. Moreover, vinyl floors are easy to walk on and decrease impact noise because they also serve as an alternative to higher maintenance floors. Presently, advanced printing and texture techniques are available, allowing vinyl floors to mimic a variety of flooring choices, including hardwood, marble, stone, and others.

 

Global Vinyl Flooring Market By Sector

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on product type, the industry can be segmented as follows:

  • Vinyl SheetLuxury Vinyl Tile (LVT)
  • Vinyl Composition Tile (VCT)

On the basis of sector, the market can be divided as follows:

  • Residential
  • Commercial

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Vinyl Flooring Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

The worldwide recovery of the economy has boosted the overall construction market, aiding the growth of the global vinyl flooring market in the historical period. The current poor infrastructure has furthermore driven the growth of the industry, especially in developing regions, such as Africa, Asia, Eastern Europe, and Latin America. To survive the market competition, businesses are broadening their consumer base and using advancements in technology to print and launch groundbreaking graphical film layers as well as flexible vinyl flooring designs. Other factors that are promoting the growth on the vinyl flooring market include population growth, rapid urbanization and industrialization, growing availability of revenue, and increased customer interest in home decor.

 

Competitive Landscape

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

  • Mohawk Industries Inc. 
  • Tarkett S.A.
  • AFI Licensing LLC
  • Shaw Industries Group, Inc. 
  • Mannington Mills, Inc. 
  • Gerflor
  • Others

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

 

Key Highlights of the Report

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:

  • Product Type
  • Sector
  • Region
Breakup by Product Type
  • Vinyl Sheet
  • Luxury Vinyl Tile (LVT)
  • Vinyl Composition Tile (VCT)
Breakup by Sector
  • Residential
  • Commercial
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Mohawk Industries Inc. 
  • Tarkett S.A.
  • AFI Licensing LLC
  • Shaw Industries Group, Inc. 
  • Mannington Mills, Inc. 
  • Gerflor
  • Others
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Flooring Market Overview

    8.1    Key Industry Highlights
    8.2    Global Flooring Historical Market (2018-2023) 
    8.3    Global Flooring Market Forecast (2024-2032)
    8.4    Global Flooring Market by Segment
        8.4.1    Hard Flooring 
            8.4.1.1    Stone
            8.4.1.2    Ceramic
            8.4.1.3    Hardwood
            8.4.1.4    Vinyl
            8.4.1.5    Wooden Laminates
        8.4.2    Soft Flooring
            8.4.2.1    Carpets
            8.4.2.2    Mats
            8.4.2.3    Rugs
    8.5    Global Flooring Market by Sector
    8.6    Global Flooring Market by Region
        8.6.1    North America
        8.6.2    Europe
        8.6.3    Asia Pacific
        8.6.4    Latin America
        8.6.5    Middle East and Africa
9    Global Vinyl Flooring Market Analysis
    9.1    Key Industry Highlights
    9.2    Global Vinyl Flooring Historical Market (2018-2023) 
    9.3    Global Vinyl Flooring Market Forecast (2024-2032)
    9.4    Global Vinyl Flooring Market by Product Type
        9.4.1    Vinyl Sheet
            9.4.1.1    Historical Trend (2018-2023)
            9.4.1.2    Forecast Trend (2024-2032)
        9.4.2    Luxury Vinyl Tile (LVT)
            9.4.2.1    Historical Trend (2018-2023)
            9.4.2.2    Forecast Trend (2024-2032)
        9.4.3    Vinyl Composition Tile (VCT)
            9.4.3.1    Historical Trend (2018-2023)
            9.4.3.2    Forecast Trend (2024-2032)
    9.5    Global Vinyl Flooring Market by Sector
        9.5.1    Residential
            9.5.1.1    Historical Trend (2018-2023)
            9.5.1.2    Forecast Trend (2024-2032)
        9.5.2    Commercial
            9.5.2.1    Historical Trend (2018-2023)
            9.5.2.2    Forecast Trend (2024-2032)
    9.6    Global Vinyl Flooring Market by Region
        9.6.1    North America
        9.6.2    Europe
        9.6.3    Asia Pacific
        9.6.4    Latin America
        9.6.5    Middle East and Africa
10    Regional Analysis
    10.1    North America
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
        10.1.3    Breakup by Country
            10.1.3.1    United States of America 
            10.1.3.2    Canada
    10.2    Europe
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
        10.2.3    Breakup by Country
            10.2.3.1    United Kingdom
            10.2.3.2    Germany
            10.2.3.3    France
            10.2.3.4    Italy
            10.2.3.5    Others
    10.3    Asia Pacific
        10.3.1    Historical Market (2018-2023)
        10.3.2    Market Forecast (2024-2032)
        10.3.3    Breakup by Country
            10.3.3.1    China
            10.3.3.2    Japan
            10.3.3.3    India
            10.3.3.4    ASEAN
            10.3.3.5    Australia
            10.3.3.6    Others
    10.4    Latin America
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
        10.4.3    Breakup by Country
            10.4.3.1    Brazil
            10.4.3.2    Argentina
            10.4.3.3    Mexico
            10.4.3.4    Others
    10.5    Middle East and Africa
        10.5.1    Historical Trend (2018-2023)
        10.5.2    Forecast Trend (2024-2032)
        10.5.3    Breakup by Country
            10.5.3.1    Saudi Arabia
            10.5.3.2    United Arab Emirates
            10.5.3.3    Nigeria
            10.5.3.4    South Africa
            10.5.3.5    Others
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    Key Indicators for Demand
    11.4    Key Indicators for Price
12    Value Chain Analysis
13    Price Analysis

    13.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
14    Manufacturing Process
    14.1    Detailed Process Flow
    14.2    Operations Involved
    14.3    Mass Balance and Raw Material
15    Project Details and Cost Analysis
    15.1    Land, Location and Site Development
    15.2    Construction
    15.3    Plant Layout
    15.4    Plant Machinery
    15.5    Raw Material Requirement
    15.6    Packaging
    15.7    Transportation
    15.8    Utilities
    15.9    Manpower
    15.10    Other Capital Investment
16    Loans and Financial Assistance
17    Project Economics

    17.1    Capital Cost of Project
    17.2    Techno-Economic Parameters
    17.3    Product Pricing and Margins
    17.4    Taxation and Depreciation
    17.5    Income Projections
    17.6    Expenditure Projections
    17.7    Financial Analysis
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Mohawk Industries, Inc.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Financial Summary
            18.2.1.5    Certifications
        18.2.2    Tarkett S.A.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Financial Summary
            18.2.2.5    Certifications
        18.2.3    AFI Licensing LLC
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Financial Summary
            18.2.3.5    Certifications
        18.2.4    Shaw Industries Group, Inc.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Financial Summary
            18.2.4.5    Certifications
        18.2.5    Mannington Mills, Inc.
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Financial Summary
            18.2.5.5    Certifications
        18.2.6    Gerflor
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Financial Summary
            18.2.6.5    Certifications
        18.2.7    Others
19    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Flooring Market: Key Industry Highlights, 2018 and 2032
2.    Global Flooring Historical Market: Breakup by Segment (Million Square Metres), 2018-2023
3.    Global Flooring Market Forecast: Breakup by Segment (Million Square Metres), 2024-2032
4.    Global Flooring Historical Market: Breakup by Sector (Million Square Metres), 2018-2023
5.    Global Flooring Market Forecast: Breakup by Sector (Million Square Metres), 2024-2032
6.    Global Flooring Historical Market: Breakup by Region (Million Square Metres), 2018-2023
7.    Global Flooring Market Forecast: Breakup by Region (Million Square Metres), 2024-2032
8.    Global Vinyl Flooring Market: Key Industry Highlights, 2018 and 2032
9.    Global Vinyl Flooring Historical Market: Breakup by Product Type (Million Square Metres), 2018-2023
10.    Global Vinyl Flooring Market Forecast: Breakup by Product Type (Million Square Metres), 2024-2032
11.    Global Vinyl Flooring Historical Market: Breakup by Sector (Million Square Metres), 2018-2023
12.    Global Vinyl Flooring Market Forecast: Breakup by Sector (Million Square Metres), 2024-2032
13.    Global Vinyl Flooring Historical Market: Breakup by Region (Million Square Metres), 2018-2023
14.    Global Vinyl Flooring Market Forecast: Breakup by Region (Million Square Metres), 2024-2032
15.    North America Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2023
16.    North America Vinyl Flooring Market Forecast: Breakup by Country (Million Square Metres), 2024-2032
17.    Europe Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2023
18.    Europe Vinyl Flooring Market Forecast: Breakup by Country (Million Square Metres), 2024-2032
19.    Asia Pacific Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2023
20.    Asia Pacific Vinyl Flooring Market Forecast: Breakup by Country (Million Square Metres), 2024-2032
21.    Latin America Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2023
22.    Latin America Vinyl Flooring Market Forecast: Breakup by Country (Million Square Metres), 2024-2032
23.    Middle East and Africa Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2023
24.    Middle East and Africa Vinyl Flooring Forecast: Breakup by Country (Million Square Metres), 2024-2032
25.    North America Historical Price Trends and Forecast 2018-2032
26.    Europe Historical Price Trends and Forecast 2018-2032
27.    Asia Pacific Historical Price Trends and Forecast 2018-2032
28.    Latin America Historical Price Trends and Forecast 2018-2032
29.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
30.    Global Vinyl Flooring Market Structure

Key Questions Answered in the Report

In 2023, the global vinyl flooring market attained a volume of nearly 1288.43 million square metres.

The market is projected to grow at a CAGR of 5% between 2024 and 2032.

The market is estimated to observe a healthy growth in the forecast period of 2024-2032 to reach a volume of around 1998.75 million square metres by 2032. 

The major drivers of the market are increasing construction activities, growing consumer interest in home décor, and the rising awareness of the benefits of vinyl flooring like simple installation and low maintenance costs.

The key trends guiding the growth of the market include the availability of new designs, increasing remodelling activities, and a rise in the demand for modified residential construction material.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Luxury vinyl tile (LVT), vinyl sheet, and vinyl composition tile (VCT) are the various product types in the market.

Residential and commercial are the leading sectors for vinyl flooring in the market.

The major players in the global vinyl flooring market are Mohawk Industries Inc., Tarkett S.A., AFI Licensing LLC, Shaw Industries Group, Inc., Mannington Mills, Inc., and Gerflor, among others.

Analyst Review

The global vinyl flooring market attained a volume of nearly 1288.43 million square metres in 2023 driven by the growing construction activities and rising customer interest towards home décor, along with growing disposable incomes. Aided by the increasing availability and launch of new designs, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5%. The vinyl flooring market is projected to reach a volume of 1998.75 million square metres by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the vinyl flooring industry can be segmented into vinyl sheet, luxury vinyl tile (LVT), and vinyl composition tile (VCT), with luxury vinyl tile type accounting for the largest market share. Based on sectors, the residential segment accounts for the leading share in the industry. The major regional markets for vinyl flooring are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Mohawk Industries Inc., Tarkett S.A., AFI Licensing LLC, Shaw Industries Group, Inc., Mannington Mills, Inc., Gerflor, and 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 Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • 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

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
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.

NEWSLETTER