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Luxury Vinyl Tile (LVT)-Global Market Insights and Sales Trends 2025

Luxury Vinyl Tile (LVT)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1816359

No of Pages : 117

Synopsis
LVT is an acronym for "luxury vinyl tile." It is a marketing term used by numerous companies to describe their vinyl flooring that is decoratively patterned to emulate the look of natural wood, granite or other types of flooring. There is no exact definition of the term, only generalities. It is not actually a separate category of tiling, simply a way of describing standard vinyl tiling that has been designed to match natural flooring.
The global Luxury Vinyl Tile (LVT) market size is expected to reach US$ 21300 million by 2029, growing at a CAGR of 12.6% from 2023 to 2029. The market is mainly driven by the significant applications of Luxury Vinyl Tile (LVT) in various end use industries. The expanding demands from the Commercial Use and Residential Use, are propelling Luxury Vinyl Tile (LVT) market. Loose-lay LVT, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Dry-back LVT segment is estimated at % CAGR for the next seven-year period.
Luxury Vinyl Tile (LVT) downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.95% of total downstream consumption volume of Luxury Vinyl Tile (LVT) in global in 2019. According to the type, it can be divided into Loose-lay LVT, Dry-back LVT, SPC, WPC, etc. Dry-back LVT is the main product, capturing about 55.55% of global consumption of Luxury Vinyl Tile (LVT) in 2019. Today’s industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Luxury Vinyl Tile (LVT), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Luxury Vinyl Tile (LVT) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Luxury Vinyl Tile (LVT) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Luxury Vinyl Tile (LVT) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Luxury Vinyl Tile (LVT) covered in this report include Tarkett, Armstrong, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors and Metroflor, etc.
The global Luxury Vinyl Tile (LVT) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tarkett
Armstrong
Mohawk
Mannington Mills
Congoleum
Gerflor
Forbo
Shaw Floors
Metroflor
Karndean
Beaulieu
LG Hausys
Milliken
NOX Corporation
Novalis
Polyflor
Global Luxury Vinyl Tile (LVT) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Luxury Vinyl Tile (LVT) market, Segment by Type:
Loose-lay LVT
Dry-back LVT
SPC
WPC
Others
Global Luxury Vinyl Tile (LVT) market, by Application
Commercial Use
Residential Use
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Luxury Vinyl Tile (LVT) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Luxury Vinyl Tile (LVT) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Luxury Vinyl Tile (LVT) Market Overview
1.1 Luxury Vinyl Tile (LVT) Product Overview
1.2 Luxury Vinyl Tile (LVT) Market Segment by Type
1.2.1 Loose-lay LVT
1.2.2 Dry-back LVT
1.2.3 SPC
1.2.4 WPC
1.2.5 Others
1.3 Global Luxury Vinyl Tile (LVT) Market Size by Type
1.3.1 Global Luxury Vinyl Tile (LVT) Market Size Overview by Type (2018-2029)
1.3.2 Global Luxury Vinyl Tile (LVT) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Luxury Vinyl Tile (LVT) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2018-2023)
2 Global Luxury Vinyl Tile (LVT) Market Competition by Company
2.1 Global Top Players by Luxury Vinyl Tile (LVT) Sales (2018-2023)
2.2 Global Top Players by Luxury Vinyl Tile (LVT) Revenue (2018-2023)
2.3 Global Top Players by Luxury Vinyl Tile (LVT) Price (2018-2023)
2.4 Global Top Manufacturers Luxury Vinyl Tile (LVT) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Luxury Vinyl Tile (LVT) Market Competitive Situation and Trends
2.5.1 Luxury Vinyl Tile (LVT) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Luxury Vinyl Tile (LVT) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Luxury Vinyl Tile (LVT) as of 2022)
2.7 Date of Key Manufacturers Enter into Luxury Vinyl Tile (LVT) Market
2.8 Key Manufacturers Luxury Vinyl Tile (LVT) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Luxury Vinyl Tile (LVT) Status and Outlook by Region
3.1 Global Luxury Vinyl Tile (LVT) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Luxury Vinyl Tile (LVT) Historic Market Size by Region
3.2.1 Global Luxury Vinyl Tile (LVT) Sales in Volume by Region (2018-2023)
3.2.2 Global Luxury Vinyl Tile (LVT) Sales in Value by Region (2018-2023)
3.2.3 Global Luxury Vinyl Tile (LVT) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Luxury Vinyl Tile (LVT) Forecasted Market Size by Region
3.3.1 Global Luxury Vinyl Tile (LVT) Sales in Volume by Region (2024-2029)
3.3.2 Global Luxury Vinyl Tile (LVT) Sales in Value by Region (2024-2029)
3.3.3 Global Luxury Vinyl Tile (LVT) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Luxury Vinyl Tile (LVT) by Application
4.1 Luxury Vinyl Tile (LVT) Market Segment by Application
4.1.1 Commercial Use
4.1.2 Residential Use
4.2 Global Luxury Vinyl Tile (LVT) Market Size by Application
4.2.1 Global Luxury Vinyl Tile (LVT) Market Size Overview by Application (2018-2029)
4.2.2 Global Luxury Vinyl Tile (LVT) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Luxury Vinyl Tile (LVT) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2018-2023)
5 North America Luxury Vinyl Tile (LVT) by Country
5.1 North America Luxury Vinyl Tile (LVT) Historic Market Size by Country
5.1.1 North America Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Luxury Vinyl Tile (LVT) Sales in Volume by Country (2018-2023)
5.1.3 North America Luxury Vinyl Tile (LVT) Sales in Value by Country (2018-2023)
5.2 North America Luxury Vinyl Tile (LVT) Forecasted Market Size by Country
5.2.1 North America Luxury Vinyl Tile (LVT) Sales in Volume by Country (2024-2029)
5.2.2 North America Luxury Vinyl Tile (LVT) Sales in Value by Country (2024-2029)
6 Europe Luxury Vinyl Tile (LVT) by Country
6.1 Europe Luxury Vinyl Tile (LVT) Historic Market Size by Country
6.1.1 Europe Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Luxury Vinyl Tile (LVT) Sales in Volume by Country (2018-2023)
6.1.3 Europe Luxury Vinyl Tile (LVT) Sales in Value by Country (2018-2023)
6.2 Europe Luxury Vinyl Tile (LVT) Forecasted Market Size by Country
6.2.1 Europe Luxury Vinyl Tile (LVT) Sales in Volume by Country (2024-2029)
6.2.2 Europe Luxury Vinyl Tile (LVT) Sales in Value by Country (2024-2029)
7 Asia-Pacific Luxury Vinyl Tile (LVT) by Region
7.1 Asia-Pacific Luxury Vinyl Tile (LVT) Historic Market Size by Region
7.1.1 Asia-Pacific Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Luxury Vinyl Tile (LVT) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Luxury Vinyl Tile (LVT) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Luxury Vinyl Tile (LVT) Forecasted Market Size by Region
7.2.1 Asia-Pacific Luxury Vinyl Tile (LVT) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Luxury Vinyl Tile (LVT) Sales in Value by Region (2024-2029)
8 Latin America Luxury Vinyl Tile (LVT) by Country
8.1 Latin America Luxury Vinyl Tile (LVT) Historic Market Size by Country
8.1.1 Latin America Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Luxury Vinyl Tile (LVT) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Luxury Vinyl Tile (LVT) Sales in Value by Country (2018-2023)
8.2 Latin America Luxury Vinyl Tile (LVT) Forecasted Market Size by Country
8.2.1 Latin America Luxury Vinyl Tile (LVT) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Luxury Vinyl Tile (LVT) Sales in Value by Country (2024-2029)
9 Middle East and Africa Luxury Vinyl Tile (LVT) by Country
9.1 Middle East and Africa Luxury Vinyl Tile (LVT) Historic Market Size by Country
9.1.1 Middle East and Africa Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Luxury Vinyl Tile (LVT) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Luxury Vinyl Tile (LVT) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Luxury Vinyl Tile (LVT) Forecasted Market Size by Country
9.2.1 Middle East and Africa Luxury Vinyl Tile (LVT) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Luxury Vinyl Tile (LVT) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tarkett
10.1.1 Tarkett Company Information
10.1.2 Tarkett Introduction and Business Overview
10.1.3 Tarkett Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tarkett Luxury Vinyl Tile (LVT) Products Offered
10.1.5 Tarkett Recent Development
10.2 Armstrong
10.2.1 Armstrong Company Information
10.2.2 Armstrong Introduction and Business Overview
10.2.3 Armstrong Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Armstrong Luxury Vinyl Tile (LVT) Products Offered
10.2.5 Armstrong Recent Development
10.3 Mohawk
10.3.1 Mohawk Company Information
10.3.2 Mohawk Introduction and Business Overview
10.3.3 Mohawk Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Mohawk Luxury Vinyl Tile (LVT) Products Offered
10.3.5 Mohawk Recent Development
10.4 Mannington Mills
10.4.1 Mannington Mills Company Information
10.4.2 Mannington Mills Introduction and Business Overview
10.4.3 Mannington Mills Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mannington Mills Luxury Vinyl Tile (LVT) Products Offered
10.4.5 Mannington Mills Recent Development
10.5 Congoleum
10.5.1 Congoleum Company Information
10.5.2 Congoleum Introduction and Business Overview
10.5.3 Congoleum Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Congoleum Luxury Vinyl Tile (LVT) Products Offered
10.5.5 Congoleum Recent Development
10.6 Gerflor
10.6.1 Gerflor Company Information
10.6.2 Gerflor Introduction and Business Overview
10.6.3 Gerflor Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Gerflor Luxury Vinyl Tile (LVT) Products Offered
10.6.5 Gerflor Recent Development
10.7 Forbo
10.7.1 Forbo Company Information
10.7.2 Forbo Introduction and Business Overview
10.7.3 Forbo Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Forbo Luxury Vinyl Tile (LVT) Products Offered
10.7.5 Forbo Recent Development
10.8 Shaw Floors
10.8.1 Shaw Floors Company Information
10.8.2 Shaw Floors Introduction and Business Overview
10.8.3 Shaw Floors Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Shaw Floors Luxury Vinyl Tile (LVT) Products Offered
10.8.5 Shaw Floors Recent Development
10.9 Metroflor
10.9.1 Metroflor Company Information
10.9.2 Metroflor Introduction and Business Overview
10.9.3 Metroflor Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Metroflor Luxury Vinyl Tile (LVT) Products Offered
10.9.5 Metroflor Recent Development
10.10 Karndean
10.10.1 Karndean Company Information
10.10.2 Karndean Introduction and Business Overview
10.10.3 Karndean Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Karndean Luxury Vinyl Tile (LVT) Products Offered
10.10.5 Karndean Recent Development
10.11 Beaulieu
10.11.1 Beaulieu Company Information
10.11.2 Beaulieu Introduction and Business Overview
10.11.3 Beaulieu Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Beaulieu Luxury Vinyl Tile (LVT) Products Offered
10.11.5 Beaulieu Recent Development
10.12 LG Hausys
10.12.1 LG Hausys Company Information
10.12.2 LG Hausys Introduction and Business Overview
10.12.3 LG Hausys Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 LG Hausys Luxury Vinyl Tile (LVT) Products Offered
10.12.5 LG Hausys Recent Development
10.13 Milliken
10.13.1 Milliken Company Information
10.13.2 Milliken Introduction and Business Overview
10.13.3 Milliken Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Milliken Luxury Vinyl Tile (LVT) Products Offered
10.13.5 Milliken Recent Development
10.14 NOX Corporation
10.14.1 NOX Corporation Company Information
10.14.2 NOX Corporation Introduction and Business Overview
10.14.3 NOX Corporation Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 NOX Corporation Luxury Vinyl Tile (LVT) Products Offered
10.14.5 NOX Corporation Recent Development
10.15 Novalis
10.15.1 Novalis Company Information
10.15.2 Novalis Introduction and Business Overview
10.15.3 Novalis Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Novalis Luxury Vinyl Tile (LVT) Products Offered
10.15.5 Novalis Recent Development
10.16 Polyflor
10.16.1 Polyflor Company Information
10.16.2 Polyflor Introduction and Business Overview
10.16.3 Polyflor Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Polyflor Luxury Vinyl Tile (LVT) Products Offered
10.16.5 Polyflor Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Luxury Vinyl Tile (LVT) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Luxury Vinyl Tile (LVT) Industrial Chain Analysis
11.4 Luxury Vinyl Tile (LVT) Market Dynamics
11.4.1 Luxury Vinyl Tile (LVT) Industry Trends
11.4.2 Luxury Vinyl Tile (LVT) Market Drivers
11.4.3 Luxury Vinyl Tile (LVT) Market Challenges
11.4.4 Luxury Vinyl Tile (LVT) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Luxury Vinyl Tile (LVT) Distributors
12.3 Luxury Vinyl Tile (LVT) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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