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Vinyl Tile Market Projected to Exhibit Growth at a CAGR of 4582.1 by 2029

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Jenny
Vinyl Tile Market Projected to Exhibit Growth at a CAGR of 4582.1 by 2029

There’s a lot of ground to cover in the world of flooring. Vinyl has been a popular choice for its durability and wide range of styles for many years. Vinyl tile is a flooring material that is generally inexpensive, easy to install, and easy to maintain. Made primarily from polyvinyl chloride resins and plasticizers, these flooring tiles are waterproof and very durable.

 

There are many types of vinyl tile: vinyl composition tile or reinforced vinyl tile (VCT), luxury vinyl tile (LVT), and solid vinyl tile (SVT).

 

LPI (LP Information)' newest research report, the “Vinyl Tile Industry Forecast” looks at past sales and reviews total world Vinyl Tile sales in 2022, providing a comprehensive analysis by region and market sector of projected Vinyl Tile sales for 2023 through 2029. With Vinyl Tile sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vinyl Tile industry.

 

This Insight Report provides a comprehensive analysis of the global Vinyl Tile landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vinyl Tile portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vinyl Tile market.

 

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vinyl Tile and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vinyl Tile.

 

The global Vinyl Tile market size is projected to grow from US$ 3375.9 million in 2022 to US$ 4582.1 million in 2029; it is expected to grow at a CAGR of 4582.1 from 2023 to 2029.

 

Global Vinyl Tile key players include Armstrong, Tarkett, Mannington Mills, NOX Corporation, Hanwha, etc. Global top five manufacturers hold a share about 40%. USA is the largest market, with a share about 50%, followed by Asia-Pacific and Europe, both have a share about 20 percent. In terms of product, Luxury Vinyl Tile is the largest segment, with a share about 60%. And in terms of application, the largest application is Residential Use, followed by Commercial Use.

 

This report presents a comprehensive overview, market shares, and growth opportunities of Vinyl Tile market by product type, application, key manufacturers and key regions and countries.

 

Top Manufactures in Global Vinyl Tile Includes:

    Tarkett

    Gerflor

    Armstrong

    Mannington Mills

    NOX

    Shaw

    Hanwha

    LG Hausys

    Mohawk

    Polyflor

    Congoleum

    Forbo

    TOLI

    Beaulieu

    Tajima

    Metroflor

    Interface

    RiL

    Karndean

    Roppe

    Milliken

    Kraus

    Parterre

    Kingdomfloor

    Snmo LVT

    Hailide New Material

    Taide Plastic Flooring

 

Market Segment by Type, covers:

    Luxury Vinyl Tile (LVT)

    Vinyl Composite Tile (VCT)

    Others

 

Market Segment by Applications, can be divided into:

    Commercial Use

    Residential Use

 

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vinyl Tile market?

What factors are driving Vinyl Tile market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vinyl Tile market opportunities vary by end market size?

How does Vinyl Tile break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

 

Request Sample Report and Full Report TOC:

https://www.lpinformationdata.com/reports/457409/vinyl-tile-2029

 

LP INFORMATION (LPI) is a professional market report publisher based in America, providing high quality market research reports with competitive prices to help decision makers make informed decisions and take strategic actions to achieve excellent outcomes.We have an extensive library of reports on hundreds of technologies.Search for a specific term, or click on an industry to browse our reports by subject. Narrow down your results using our filters or sort by what’s important to you, such as publication date, price, or name.

 

LP INFORMATION

E-mail: [email protected]

Add: 17890 Castleton St. Suite 369 City of Industry, CA 91748 US

Website: https://www.lpinformationdata.com

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