Insights on the Luxury Vinyl Tiles (LVT) Flooring Global Market to 2027 - Featuring Armstrong, Beaulieu and CFL Flooring Among Others
Dublin, April 16, 2021 (GLOBE NEWSWIRE) -- The "Luxury Vinyl Tiles (LVT) Flooring - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Luxury Vinyl Tiles (LVT) Flooring estimated at US$19.6 Billion in the year 2020, is projected to reach a revised size of US$38.9 Billion by 2027, growing at a CAGR of 10.3% over the period 2020-2027.
Flexible, one of the segments analyzed in the report, is projected to record 10.6% CAGR and reach US$23.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rigid segment is readjusted to a revised 9.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 13.6% CAGR
The Luxury Vinyl Tiles (LVT) Flooring market in the U.S. is estimated at US$5.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.3 Billion by the year 2027 trailing a CAGR of 13.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 8.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.
Select Competitors (Total 42 Featured):
Armstrong
Beaulieu
CFL Flooring
Congoleum
Forbo
Gerflor
Interface
Karndean
LG Hausys
Mannington Mills
Metroflor
Milliken
Mohawk
Mohawk Industries
Novalis
NOX Corporation
Polyflor
Responsive Industries
Shaw Floors
Shaw Industries
Snmo LVT
Tarkett
The Dixie Group
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/7qfd2k
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