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Global luxury vinyl tile market is expected to witness 10.0% CAGR during the forecast period, it is expected to be valued at USD 32.0 billion by the end of the forecast period.The Global Luxury Vinyl Tile Market is expected to witness sustainable growth during the forecast period owing to the growing construction industry and the rising standard of living of consumers.
Rising consumer demand for luxury vinyl tiles from emerging economies is an opportunity for the market players.Key PlayersThe prominent players in the global luxury vinyl tiles market are Interface, Inc. (US), Tarkett (France), Gerflor (France), Shaw Industries Group, Inc., (US), Mannington Mills, Inc. (US), Armstrong Flooring, Inc. (US), James Halstead plc (UK), Mohawk Industries (US), and Forbo Group (Switzerland).Vinylasa (Mexico), The Dixie Group, Inc. (US), Adore Floors, Inc. (US), American Biltrite (Canada) Ltd. (Canada), Milliken & Company (US), and Responsive Industries Limited (India) are some other key players operating in the global luxury vinyl tiles market.Request Free Sample Copy With TOC @ https://www.marketresearchfuture.com/sample_request/8263Asia-Pacific to dominate the global luxury vinyl tiles market during the forecast periodOn the basis of region, the global luxury vinyl tiles market is segmented as North America, Asia-Pacific, Europe, and the rest of the world.
Asia-Pacific dominated the global market, followed by North America, primarily due to the growth in construction industry, mainly in China and India.
The increasing real estate investment and growing number of Special Economic Zones (SEZ) in developing countries, mainly in India, are the other major factors driving the market growth in Asia-PacificNorth America has witnessed significant growth in the construction industry, owing to the increased home improvement and renovation projects in the region.
Moreover, the US is home for the key companies operating in the market such as Mohawk Industries, Shaw Industries Group, Inc., Interface, Inc., Armstrong Flooring, Inc., and Mannington Mills, Inc.The flexible segment is set to occupy a large share of the global luxury vinyl tiles marketThe global market is segmented on the basis of type as flexible and rigid.
Scope of the ReportThis study provides an overview of the global luxury vinyl tiles market, tracking two market segments across four geographic regions.
The Global Rigid Luxury Vinyl Tile Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Rigid Luxury Vinyl Tile Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/26356-rigid-luxury-vinyl-tile-market-reportThe report also covers the complete competitive landscape of the global Rigid Luxury Vinyl Tile market with company profiles of key players such as:TarkettArmstrongMannington MillsNOX CorporationLG HausysCongoleumMohawkGerflorForboBeaulieuRiLMetroflorMillikenPolyflorKarndeanParterreThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By ProductDecorative Luxury Vinyl Flooring (LVT)Functional Luxury Vinyl Flooring (LVT)By ApplicationsCommercial UseResidential UseBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Rigid Luxury Vinyl Tile Market @ https://www.decisiondatabases.com/contact/download-sample-26356The Global Rigid Luxury Vinyl Tile Market has been exhibited in detail in the following chapters –Chapter 1 Rigid Luxury Vinyl Tile Market Preface Chapter 2 Executive SummaryChapter 3 Rigid Luxury Vinyl Tile Industry AnalysisChapter 4 Rigid Luxury Vinyl Tile Market Value Chain AnalysisChapter 5 Rigid Luxury Vinyl Tile Market Analysis By ProductChapter 6 Rigid Luxury Vinyl Tile Market Analysis By ApplicationsChapter 7 Rigid Luxury Vinyl Tile Market Analysis By GeographyChapter 8 Competitive Landscape Of Rigid Luxury Vinyl Tile CompaniesChapter 9 Company Profiles Of Rigid Luxury Vinyl Tile IndustryPurchase the complete Global Rigid Luxury Vinyl Tile Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-26356Other Reports by DecisionDatabases.com:Global Ceramic and Porcelain Tiles Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Ceramic Tiles Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Ceiling Tiles Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
