Vinyl Flooring Market Size, Growth, Opportunity and Forecast 2022-2027

 According to IMARC Group’s latest report, titled  “Vinyl Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” the global vinyl flooring market reached a value of US$ 42.47 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 72.89 Billion by 2027, exhibiting a CAGR of 9.20% during 2022-2027.

Vinyl flooring refers to a flooring material comprised of multiple layers of synthetic and natural polymers glued together. It is manufactured using polyvinyl chloride (PVC) resin, fiberglass, and plasticizer. Vinyl flooring is widely used in the dining room, basement, kitchen, bathroom, and bedroom as it is cost-effective, easy to install, and provides superior comfort and noise control. Vinyl flooring is moisture-resistant, shock-absorbent, and eco-friendly and offers versatile designs, durability, and an extended lifespan. As a result, it is widely used in industrial, residential, retail, and hospitality sectors.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Vinyl Flooring Market Trends and Drivers:

The global vinyl flooring market is primarily being driven by significant growth in the construction industry. Vinyl flooring is widely used to enhance the aesthetic appeal and provide durability and comfort due to the increasing demand for luxurious housing projects, renovation, and remodeling of existing houses. Additionally, the introduction of vinyl flooring with higher resolutions and sharper textures and various advancements in the installation process is acting as another growth-inducing factor. Moreover, the increasing demand for low-maintenance flooring solutions and extensive research and development (R&D) activities toward improving the design, texture, and colors of vinyl flooring are anticipated to drive the market toward growth.


Vinyl Flooring Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

  • Mohawk Industries Inc.
  • Tarkett
  • Armstrong World Industries, Inc.
  • Shaw Industries, Inc.
  • Mannington Mills, Inc.
  • Beaulieu International Group
  • Gerflor
  • Forbo

Key Market Segmentation:

Performance by Product Type:

  • Vinyl Sheet
  • Luxury Vinyl Tile (LVT)
  • Vinyl Composition Tile (VCT)

Performance by Sector:

  • Residential
  • Commercial

Performance of Key Regions:

  • Asia Pacific
  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Middle East and Africa

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/vinyl-flooring-market

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group
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