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The global vinyl flooring market size reached US$ 50.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 112.0 Billion by 2032, exhibiting a growth rate (CAGR) of 9.01% during 2024-2032.
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Global Vinyl Flooring Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved
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Report Highlight and Description • According to the latest report by IMARC Group, titled "Vinyl Flooring Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,“The global vinyl flooring market size reached US$ 50.9 Billion in 2023. • Vinyl flooring is an indispensable flooring material formulated by blending natural and synthetic polymer ingredients. It is manufactured by rolling, layering, and extruding the product with several compositions, including pigments, plasticizers, and polyvinyl chloride resin, to offer a long-lasting covering. As compared to conventional higher-maintenance floorings, such as carpets, vinyl flooring is more cost-effective, durable, easy to install, versatile, and moisture-resistant, and requires lower maintenance. Apart from this, the protective coating safeguards the product from dirt and scratches and enhances the overall appearance of the space. At present, it is mainly available in several looks, patterns, and color combinations. • Looking forward, IMARC Group expects the market to reach US$ 112.0 Billion by 2032, exhibiting a growth rate (CAGR) of 9.01% during 2024-2032. • Request for a PDF sample of this report: • https://www.imarcgroup.com/vinyl-flooring-market/requestsample
Report Description • Global Vinyl Flooring Market Trends: • One of the major factors driving the global vinyl flooring market growth is the ongoing construction activities across the globe. Such activities have facilitated the demand for lightweight, slip and stain-resistant, and aesthetically appealing floor covering for interiors. This is further supported by rapid urbanization, changing consumer preferences, a rising number of luxurious housing projects, and significant investments in infrastructure development, renovation, and remodeling of existing spaces. In line with this, rising environmental concerns have prompted governments to promote the uptake of sustainable construction resources, such as bio-based vinyl flooring, to mitigate volatile organic compounds (VOCs), which is acting as another growth-inducing factor. • Additionally, the widespread adoption of upgraded solutions by manufacturers to optimize vinyl flooring production procedures and introduce self-adhesive flooring solutions in different designs, textures, and dimensions, are contributing to the market growth. The market growth is also influenced by the extensive uptake of diverse printing solutions, which further enables easy texture printing on tiles. Other factors, including the growing need for multifamily houses and strategic collaborations amongst key players to enhance vinyl flooring comfort and noise-controlling efficacy, are creating a positive outlook for the market. • View Report, TOC, Figures and Tables: https://www.imarcgroup.com/vinyl-flooring-market
Report Segmentation • Breakup by Product Type: • Vinyl Sheet • Luxury Vinyl Tile (LVT) • Vinyl Composition Tile (VCT) • Breakup by Sector: • Residential • Commercial
Report Segmentation Breakup by Region: • Asia Pacific • North America • Western Europe • Eastern Europe • Latin America • Middle East and Africa
Competitive Landscape • Mohawk Industries Inc. • Tarkett Group • Armstrong World Industries Inc. • Shaw Industries, Inc. • Mannington Mills, Inc. • Beaulieu International Group • Gerflor Group • Forbo Group
Key Questions Answered in the Report What was the size of the global vinyl flooring market in 2023? What is the expected growth rate of the global vinyl flooring market during 2024-2032? What has been the impact of COVID-19 on the global vinyl flooring market? What are the key factors driving the global vinyl flooring market? What is the breakup of the global vinyl flooring market based on the product type? What is the breakup of the global vinyl flooring market based on the sector?
Key Questions Answered in the Report What are the key regions in the global vinyl flooring market? Who are the key players/companies in the global vinyl flooring market?
1 Preface 2 Scope and Methodology 2.1 Objectives of the study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Flooring Market 5.1 Market Overview 5.2 Market Performance 5.2.1 Volume Trends 5.2.2 Value Trends 5.3 Market Breakup by Region 5.4 Market Breakup by Segment 5.4.1 Hard Flooring 5.4.1.1 Stone 5.4.1.2 Ceramic 5.4.1.3 Hardwood 5.4.1.4 Vinyl 5.4.1.5 Wooden Laminates 5.4.2 Soft Flooring 5.4.2.1 Carpets 5.4.2.2 Mats 5.4.2.3 Rugs Table of Contents
5.5 Market Breakup by Sector 5.6 Market Forecast 6 Global Vinyl Flooring Market 6.1 Market Overview 6.2 Market Performance 6.2.1 Volume Trends 6.2.2 Value Trends 6.3 Impact of COVID-19 6.4 Price Analysis 6.4.1 Key Price Indicators 6.4.2 Price Structure 6.4.3 Price Trends 6.5 Market Breakup by Region 6.6 Market Breakup by Product Type 6.7 Market Breakup by Sector 6.8 Market Forecast 6.9 Value Chain Analysis 6.9.1 Raw Material Procurement 6.9.2 Manufacturing 6.9.3 Marketing 6.9.4 Distribution 6.9.5 Export 6.9.6 End-Use 6.10 SWOT Analysis 6.10.1 Overview 6.10.2 Strengths 6.10.3 Weaknesses 6.10.4 Opportunities 6.10.5 Threats 6.11 Porters Five Forces Analysis 6.11.1 Overview 6.11.2 Bargaining Power of Buyers Table of Contents
6.11.3 Bargaining Power of Suppliers 6.11.4 Degree of Rivalry 6.11.5 Threat of New Entrants 6.11.6 Threat of Substitutes 6.12 Key Market Drivers and Success Factors 7 Performance of Key Regions 7.1 Asia-Pacific 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 North America 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Western Europe 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Eastern Europe 7.4.1 Market Trends 7.4.2 Market Forecast 7.5 Latin America 7.5.1 Market Trends 7.5.2 Market Forecast 7.6 Middle East and Africa 7.6.1 Market Trends 7.6.2 Market Forecast 8 Performance by Product Type 8.1 Vinyl Sheet 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Luxury Vinyl Tile (LVT) 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Vinyl Composition Tile (VCT) Table of Contents
8.3.1 Market Trends 8.3.2 Market Forecast 9 Performance by Sector 9.1 Residential 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Commercial 9.2.1 Market Trends 9.2.2 Market Forecast 10 Competitive Landscape 10.1 Competitive Structure 10.2 Production Capacities of Key Players 11 Vinyl Flooring Manufacturing Process 11.1 Product Overview 11.2 Detailed Process Flow 11.3 Various Types of Units Operations Involved 11.4 Mass Balance and Raw Material Requirements 12 Project Details, Requirements and Costs Involved 12.1 Land Requirements and Expenditures 12.2 Construction Requirements and Expenditures 12.3 Plant Machinery 12.4 Machinery Pictures 12.5 Raw Materials Requirements and Expenditures 12.6 Raw Material and Final Product Pictures 12.7 Packaging Requirements and Expenditures 12.8 Transportation Requirements and Expenditures 12.9 Utilities Requirements and Expenditures 12.10 Manpower Requirements and Expenditures 12.11 Other Capital Investments 13 Vinyl Flooring Manufacturing Plant: Loans and Financial Assistance Table of Contents
14 Vinyl Flooring Manufacturing Plant: Project Economics 14.1 Capital Cost of the Project 14.2 Techno-Economic Parameters 14.3 Product Pricing and Margins Across Various Levels of the Supply Chain 14.4 Taxation and Depreciation 14.5 Income Projections 14.6 Expenditure Projections 14.7 Financial Analysis 14.8 Profit Analysis 15 Key Players Profiles 15.1 Mohawk Industries Inc. 15.2 Tarkett 15.3 Armstrong World Industries, Inc. 15.4 Shaw Industries, Inc. 15.5 Mannington Mills, Inc. 15.6 Beaulieu International Group 15.7 Gerflor 15.8 Forbo • For more information, visit: https://www.imarcgroup.com/vinyl-flooring-market/toc Table of Contents
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