The global LVT Flooring market size is predicted to grow from US$ 8630 million in 2025 to US$ 19050 million in 2031; it is expected to grow at a CAGR of 14.1% from 2025 to 2031.
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.
Global LVT Flooring key players include Tarkett, Armstrong, Mohawk, etc. Global top three manufacturers hold a share about 30%.
European Union is the largest market, with a share about 45%, followed by USA and China, both have a share over 40 percent.
In terms of product, Flexible Luxury Vinyl Tile (LVT) is the largest segment, with a share about 70%. And in terms of application, the largest application is Residential Use, followed by Commercial Use.
The 鈥淟VT Flooring Industry Forecast鈥 looks at past sales and reviews total world LVT Flooring sales in 2024, providing a comprehensive analysis by region and market sector of projected LVT Flooring sales for 2025 through 2031. With LVT Flooring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LVT Flooring industry.
This Insight Report provides a comprehensive analysis of the global LVT Flooring 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 LVT Flooring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global LVT Flooring market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LVT Flooring 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 LVT Flooring.
This report presents a comprehensive overview, market shares, and growth opportunities of LVT Flooring market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Flexible LVT Flooring
Rigid LVT Flooring
Segmentation by Application:
Commercial Use
Residential Use
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Tarkett
Armstrong
Mannington Mills
Mohawk
Congoleum
Gerflor
Forbo
Novalis
LG Hausys
Karndean
Shaw Floors
CFL Flooring
Beaulieu
NOX Corporation
Metroflor
Milliken
Polyflor
Snmo LVT
Key Questions Addressed in this Report
What is the 10-year outlook for the global LVT Flooring market?
What factors are driving LVT Flooring market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LVT Flooring market opportunities vary by end market size?
How does LVT Flooring break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global LVT Flooring Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for LVT Flooring by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for LVT Flooring by Country/Region, 2020, 2024 & 2031
2.2 LVT Flooring Segment by Type
2.2.1 Flexible LVT Flooring
2.2.2 Rigid LVT Flooring
2.3 LVT Flooring Sales by Type
2.3.1 Global LVT Flooring Sales 麻豆原创 Share by Type (2020-2025)
2.3.2 Global LVT Flooring Revenue and 麻豆原创 Share by Type (2020-2025)
2.3.3 Global LVT Flooring Sale Price by Type (2020-2025)
2.4 LVT Flooring Segment by Application
2.4.1 Commercial Use
2.4.2 Residential Use
2.5 LVT Flooring Sales by Application
2.5.1 Global LVT Flooring Sale 麻豆原创 Share by Application (2020-2025)
2.5.2 Global LVT Flooring Revenue and 麻豆原创 Share by Application (2020-2025)
2.5.3 Global LVT Flooring Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global LVT Flooring Breakdown Data by Company
3.1.1 Global LVT Flooring Annual Sales by Company (2020-2025)
3.1.2 Global LVT Flooring Sales 麻豆原创 Share by Company (2020-2025)
3.2 Global LVT Flooring Annual Revenue by Company (2020-2025)
3.2.1 Global LVT Flooring Revenue by Company (2020-2025)
3.2.2 Global LVT Flooring Revenue 麻豆原创 Share by Company (2020-2025)
3.3 Global LVT Flooring Sale Price by Company
3.4 Key Manufacturers LVT Flooring Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers LVT Flooring Product Location Distribution
3.4.2 Players LVT Flooring Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 麻豆原创 M&A Activity & Strategy
4 World Historic Review for LVT Flooring by Geographic Region
4.1 World Historic LVT Flooring 麻豆原创 Size by Geographic Region (2020-2025)
4.1.1 Global LVT Flooring Annual Sales by Geographic Region (2020-2025)
4.1.2 Global LVT Flooring Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic LVT Flooring 麻豆原创 Size by Country/Region (2020-2025)
4.2.1 Global LVT Flooring Annual Sales by Country/Region (2020-2025)
4.2.2 Global LVT Flooring Annual Revenue by Country/Region (2020-2025)
4.3 Americas LVT Flooring Sales Growth
4.4 APAC LVT Flooring Sales Growth
4.5 Europe LVT Flooring Sales Growth
4.6 Middle East & Africa LVT Flooring Sales Growth
5 Americas
5.1 Americas LVT Flooring Sales by Country
5.1.1 Americas LVT Flooring Sales by Country (2020-2025)
5.1.2 Americas LVT Flooring Revenue by Country (2020-2025)
5.2 Americas LVT Flooring Sales by Type (2020-2025)
5.3 Americas LVT Flooring Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC LVT Flooring Sales by Region
6.1.1 APAC LVT Flooring Sales by Region (2020-2025)
6.1.2 APAC LVT Flooring Revenue by Region (2020-2025)
6.2 APAC LVT Flooring Sales by Type (2020-2025)
6.3 APAC LVT Flooring Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe LVT Flooring by Country
7.1.1 Europe LVT Flooring Sales by Country (2020-2025)
7.1.2 Europe LVT Flooring Revenue by Country (2020-2025)
7.2 Europe LVT Flooring Sales by Type (2020-2025)
7.3 Europe LVT Flooring Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa LVT Flooring by Country
8.1.1 Middle East & Africa LVT Flooring Sales by Country (2020-2025)
8.1.2 Middle East & Africa LVT Flooring Revenue by Country (2020-2025)
8.2 Middle East & Africa LVT Flooring Sales by Type (2020-2025)
8.3 Middle East & Africa LVT Flooring Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of LVT Flooring
10.3 Manufacturing Process Analysis of LVT Flooring
10.4 Industry Chain Structure of LVT Flooring
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 LVT Flooring Distributors
11.3 LVT Flooring Customer
12 World Forecast Review for LVT Flooring by Geographic Region
12.1 Global LVT Flooring 麻豆原创 Size Forecast by Region
12.1.1 Global LVT Flooring Forecast by Region (2026-2031)
12.1.2 Global LVT Flooring Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global LVT Flooring Forecast by Type (2026-2031)
12.7 Global LVT Flooring Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Tarkett
13.1.1 Tarkett Company Information
13.1.2 Tarkett LVT Flooring Product Portfolios and Specifications
13.1.3 Tarkett LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Tarkett Main Business Overview
13.1.5 Tarkett Latest Developments
13.2 Armstrong
13.2.1 Armstrong Company Information
13.2.2 Armstrong LVT Flooring Product Portfolios and Specifications
13.2.3 Armstrong LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Armstrong Main Business Overview
13.2.5 Armstrong Latest Developments
13.3 Mannington Mills
13.3.1 Mannington Mills Company Information
13.3.2 Mannington Mills LVT Flooring Product Portfolios and Specifications
13.3.3 Mannington Mills LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Mannington Mills Main Business Overview
13.3.5 Mannington Mills Latest Developments
13.4 Mohawk
13.4.1 Mohawk Company Information
13.4.2 Mohawk LVT Flooring Product Portfolios and Specifications
13.4.3 Mohawk LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Mohawk Main Business Overview
13.4.5 Mohawk Latest Developments
13.5 Congoleum
13.5.1 Congoleum Company Information
13.5.2 Congoleum LVT Flooring Product Portfolios and Specifications
13.5.3 Congoleum LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Congoleum Main Business Overview
13.5.5 Congoleum Latest Developments
13.6 Gerflor
13.6.1 Gerflor Company Information
13.6.2 Gerflor LVT Flooring Product Portfolios and Specifications
13.6.3 Gerflor LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Gerflor Main Business Overview
13.6.5 Gerflor Latest Developments
13.7 Forbo
13.7.1 Forbo Company Information
13.7.2 Forbo LVT Flooring Product Portfolios and Specifications
13.7.3 Forbo LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Forbo Main Business Overview
13.7.5 Forbo Latest Developments
13.8 Novalis
13.8.1 Novalis Company Information
13.8.2 Novalis LVT Flooring Product Portfolios and Specifications
13.8.3 Novalis LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Novalis Main Business Overview
13.8.5 Novalis Latest Developments
13.9 LG Hausys
13.9.1 LG Hausys Company Information
13.9.2 LG Hausys LVT Flooring Product Portfolios and Specifications
13.9.3 LG Hausys LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 LG Hausys Main Business Overview
13.9.5 LG Hausys Latest Developments
13.10 Karndean
13.10.1 Karndean Company Information
13.10.2 Karndean LVT Flooring Product Portfolios and Specifications
13.10.3 Karndean LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Karndean Main Business Overview
13.10.5 Karndean Latest Developments
13.11 Shaw Floors
13.11.1 Shaw Floors Company Information
13.11.2 Shaw Floors LVT Flooring Product Portfolios and Specifications
13.11.3 Shaw Floors LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Shaw Floors Main Business Overview
13.11.5 Shaw Floors Latest Developments
13.12 CFL Flooring
13.12.1 CFL Flooring Company Information
13.12.2 CFL Flooring LVT Flooring Product Portfolios and Specifications
13.12.3 CFL Flooring LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 CFL Flooring Main Business Overview
13.12.5 CFL Flooring Latest Developments
13.13 Beaulieu
13.13.1 Beaulieu Company Information
13.13.2 Beaulieu LVT Flooring Product Portfolios and Specifications
13.13.3 Beaulieu LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Beaulieu Main Business Overview
13.13.5 Beaulieu Latest Developments
13.14 NOX Corporation
13.14.1 NOX Corporation Company Information
13.14.2 NOX Corporation LVT Flooring Product Portfolios and Specifications
13.14.3 NOX Corporation LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 NOX Corporation Main Business Overview
13.14.5 NOX Corporation Latest Developments
13.15 Metroflor
13.15.1 Metroflor Company Information
13.15.2 Metroflor LVT Flooring Product Portfolios and Specifications
13.15.3 Metroflor LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Metroflor Main Business Overview
13.15.5 Metroflor Latest Developments
13.16 Milliken
13.16.1 Milliken Company Information
13.16.2 Milliken LVT Flooring Product Portfolios and Specifications
13.16.3 Milliken LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Milliken Main Business Overview
13.16.5 Milliken Latest Developments
13.17 Polyflor
13.17.1 Polyflor Company Information
13.17.2 Polyflor LVT Flooring Product Portfolios and Specifications
13.17.3 Polyflor LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Polyflor Main Business Overview
13.17.5 Polyflor Latest Developments
13.18 Snmo LVT
13.18.1 Snmo LVT Company Information
13.18.2 Snmo LVT LVT Flooring Product Portfolios and Specifications
13.18.3 Snmo LVT LVT Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Snmo LVT Main Business Overview
13.18.5 Snmo LVT Latest Developments
14 Research Findings and Conclusion
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*If Applicable.