A report by Metastat Insight on the Global LVT Floor market has shed light on a fast-growing and changing sector. Meaning Luxury Vinyl Tile, LVT is becoming the favorite kind of flooring. By way of aesthetic appeal, durability, and versatility, LVT draws considerable market attention.
LVT Floor Market Size & Share, Analysis 2031
LVT FLOOR MARKET
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Table of
contents
• MARKET INTRODUCTION
• RESEARCH
METHODOLOGY
• MARKET OVERVIEW
• TYPES OVERVIEW
• APPLICATION OVERVIEW
• COMPANY PROFILE
• MARKET SIZE &
FORECAST
MARKET VALUES
Global LVT Floor market is
estimated to reach $56,852.3
Million by 2031; growing at a CAGR
of 10.7% from 2024 to 2031.
MARKET
OVERVIEW
A report by Metastat Insight on the Global LVT Floor market has shed light on a fast-growing and
changing sector. Meaning Luxury Vinyl Tile, LVT is becoming the favorite kind of flooring. By way of
aesthetic appeal, durability, and versatility, LVT draws considerable market attention. The various
trends and underlying developments driving growth place this market as an indispensable part within
the general flooring industry. The growing adoption of LVT flooring in residential and commercial
spaces underlines its relevance and rising demand across multiple geographies.
LVT has been at the forefront in imitating natural materials, from wood to stone, with an almost cost-
effective substitute that does not bring losses to quality or aestheticism. This feature alone has been
one of the key attraction factors for consumers who wish to achieve budgetary control without
sacrificing interior finishes of a high order of quality. The technological leap in the production of LVT
flooring has allowed manufacturers to throw products into the market that combine effectual appeal
with very high levels of durability, together with ease of maintenance. It is this mix of aesthetic and
functional performance that is at the heart of growth in the market.
Key LVT Floor Industry Players
• Armstrong Flooring, Inc.
• Forbo Flooring Systems
• Mohawk Industries, Inc.
• Tarkett S.A.
• Mannington Mills, Inc.
• Shaw Industries Group, Inc.
• LG Hausys
• Gerflor
• Fatra A.S.
• Beaulieu International Group
• Polyflor Ltd.
• Interface, Inc.
• Congoleum Corporation
• Metroflor Corporation
• NOX Corporation
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