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Report
Global Vinyl Flooring Market Report and Forecast 2023-2028
Market Report I 2023-10-05 I 134 Pages I EMR Inc.
Global Vinyl Flooring Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global vinyl flooring market is projected to grow at a CAGR of 5% between 2023 and 2028. Aided by the increasing demand for durable and cost-effective flooring options and the versatile applications of vinyl flooring across various sectors, the market is expected to grow significantly by 2028.
Vinyl flooring is a popular choice among consumers due to its durability, water-resistance, and ease of installation. It plays a vital role in both residential and commercial spaces, offering a variety of design options. Vinyl flooring is popular for its outstanding resilience and low care requirements in addition to its visual appeal, making it a practical option for high-traffic areas.
The increasing consumer preference for durable and cost-effective flooring is driving the global vinyl flooring market growth. As consumers become more aware of the long-term benefits associated with durable flooring, there has been a significant shift towards vinyl flooring options. Additionally, the increasing trend of home renovations and interior decoration has further contributed to the increasing popularity of vinyl flooring, as it offers a wide range of designs and styles to choose from.
The broad applications of vinyl flooring across various sectors also play a significant role in fuelling the vinyl flooring market expansion. Due to its water resistance and low care requirements, vinyl flooring is frequently utilised in homes' kitchens, bathrooms, and living spaces. Vinyl flooring is used in the commercial sector in places like offices, shops, and hotels since it is long-lasting and versatile in terms of appearance.
Additionally, there is a greater emphasis on vinyl flooring as a result of the growing demand for eco-friendly flooring solutions in the building and construction sector. The vinyl flooring market has increased as a result of manufacturers' ability to make vinyl flooring with less environmental effect due to developments in technology and production methods.
Technological innovations in vinyl flooring production are expected to further stimulate the vinyl flooring market development. Developments in printing technology have allowed for more realistic designs and textures on vinyl flooring, improving its aesthetic appeal. Furthermore, improvements in the composition of vinyl flooring have led to enhanced durability and resilience, adding to its overall value proposition.
Market Segmentation
The market can be divided based on product type, sector, and region.
Market Breakup by Product Type
- Vinyl Sheet
- Luxury Vinyl Tile (LVT)
- Vinyl Composition Tile (VCT)
Market Breakup by Sector
- Residential
- Commercial
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global vinyl flooring companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Mohawk Industries, Inc.
- Tarkett S.A.
- AFI Licensing LLC
- Shaw Industries Group, Inc.
- Mannington Mills, Inc.
- Gerflor
- Others
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*We at Expert Market Research always strive to provide you with 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 Flooring Market Overview
8.1 Key Industry Highlights
8.2 Global Flooring Historical Market (2018-2022)
8.3 Global Flooring Market Forecast (2023-2028)
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 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 Global Vinyl Flooring Market Analysis
9.1 Key Industry Highlights
9.2 Global Vinyl Flooring Historical Market (2018-2022)
9.3 Global Vinyl Flooring Market Forecast (2023-2028)
9.4 Global Vinyl Flooring Market by Product Type
9.4.1 Vinyl Sheet
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Luxury Vinyl Tile (LVT)
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Vinyl Composition Tile (VCT)
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.5 Global Vinyl Flooring Market by Sector
9.5.1 Residential
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Commercial
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.6 Global Vinyl Flooring Market by Region
9.6.1 Market Share
9.6.1.1 North America
9.6.1.2 Europe
9.6.1.3 Asia Pacific
9.6.1.4 Latin America
9.6.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.2.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.3.2 Market Forecast (2023-2028)
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 (2018-2022)
10.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.5.2 Forecast Trend (2023-2028)
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 (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
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 Key Players' Market Share
18.3 Company Profiles
18.3.1 Mohawk Industries, Inc.
18.3.1.1 Company Overview
18.3.1.2 Product Portfolio
18.3.1.3 Demographic Reach and Achievements
18.3.1.4 Financial Summary
18.3.1.5 Certifications
18.3.2 Tarkett S.A.
18.3.2.1 Company Overview
18.3.2.2 Product Portfolio
18.3.2.3 Demographic Reach and Achievements
18.3.2.4 Financial Summary
18.3.2.5 Certifications
18.3.3 AFI Licensing LLC
18.3.3.1 Company Overview
18.3.3.2 Product Portfolio
18.3.3.3 Demographic Reach and Achievements
18.3.3.4 Financial Summary
18.3.3.5 Certifications
18.3.4 Shaw Industries Group, Inc.
18.3.4.1 Company Overview
18.3.4.2 Product Portfolio
18.3.4.3 Demographic Reach and Achievements
18.3.4.4 Financial Summary
18.3.4.5 Certifications
18.3.5 Mannington Mills, Inc.
18.3.5.1 Company Overview
18.3.5.2 Product Portfolio
18.3.5.3 Demographic Reach and Achievements
18.3.5.4 Financial Summary
18.3.5.5 Certifications
18.3.6 Gerflor
18.3.6.1 Company Overview
18.3.6.2 Product Portfolio
18.3.6.3 Demographic Reach and Achievements
18.3.6.4 Financial Summary
18.3.6.5 Certifications
18.3.7 Others
19 Industry Events and Developments
List of Key Figures and Tables
1. Global Flooring Market: Key Industry Highlights, 2018 and 2028
2. Global Flooring Historical Market: Breakup by Segment (Million Square Metres), 2018-2022
3. Global Flooring Market Forecast: Breakup by Segment (Million Square Metres), 2023-2028
4. Global Flooring Historical Market: Breakup by Sector (Million Square Metres), 2018-2022
5. Global Flooring Market Forecast: Breakup by Sector (Million Square Metres), 2023-2028
6. Global Flooring Historical Market: Breakup by Region (Million Square Metres), 2018-2022
7. Global Flooring Market Forecast: Breakup by Region (Million Square Metres), 2023-2028
8. Global Vinyl Flooring Market: Key Industry Highlights, 2018 and 2028
9. Global Vinyl Flooring Historical Market: Breakup by Product Type (Million Square Metres), 2018-2022
10. Global Vinyl Flooring Market Forecast: Breakup by Product Type (Million Square Metres), 2023-2028
11. Global Vinyl Flooring Historical Market: Breakup by Sector (Million Square Metres), 2018-2022
12. Global Vinyl Flooring Market Forecast: Breakup by Sector (Million Square Metres), 2023-2028
13. Global Vinyl Flooring Historical Market: Breakup by Region (Million Square Metres), 2018-2022
14. Global Vinyl Flooring Market Forecast: Breakup by Region (Million Square Metres), 2023-2028
15. North America Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2022
16. North America Vinyl Flooring Market Forecast: Breakup by Country (Million Square Metres), 2023-2028
17. Europe Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2022
18. Europe Vinyl Flooring Market Forecast: Breakup by Country (Million Square Metres), 2023-2028
19. Asia Pacific Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2022
20. Asia Pacific Vinyl Flooring Market Forecast: Breakup by Country (Million Square Metres), 2023-2028
21. Latin America Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2022
22. Latin America Vinyl Flooring Market Forecast: Breakup by Country (Million Square Metres), 2023-2028
23. Middle East and Africa Vinyl Flooring Historical Market: Breakup by Country (Million Square Metres), 2018-2022
24. Middle East and Africa Vinyl Flooring Forecast: Breakup by Country (Million Square Metres), 2023-2028
25. North America Historical Price Trends and Forecast 2018-2028
26. Europe Historical Price Trends and Forecast 2018-2028
27. Asia Pacific Historical Price Trends and Forecast 2018-2028
28. Latin America Historical Price Trends and Forecast 2018-2028
29. Middle East and Africa Historical Price Trends and Forecast 2018-2028
30. Global Vinyl Flooring Market Structure
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