Title: Vinyl Flooring Market
1Vinyl Flooring MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Vinyl Flooring Market is forecast to reach 78.55
billion by 2025, after growing at a CAGR of 11
during 2020-2025. - Due to the rise in renovation and remodeling
activities resulting from rapid industrialization
and urbanization, the market is projected to
witness steady growth in the upcoming years.
Rising expenditure in the construction industry,
increasing population and raising emphasis on
interior decoration are also key factors driving
the flooring market's development.
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- Key Takeaways
- Asia-Pacific dominates the vinyl flooring market
owing to increasing new housing units, investment
in infrastructural projects, remodeling and
maintenance activities. - The increasing number of DIY projects would fuel
market growth due to reduced price of home
improvement, the availability of necessary
technical skills, and the expansion of supply of
DIY products. -
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By Distribution Channel- Segment Analysis Luxury
Vinyl Tile held the largest share in the vinyl
flooring market in 2019. Luxury vinyl tiles (LVT)
developments has similar aesthetics to stone,
wood, and ceramic tiles. In addition, the stream
in remodeling and renovation activities supported
by low lending rates and the change in green
building regulations fuel the business expansion
from residential applications.
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- Vinyl Flooring Market Industry Outlook
- Armstrong World Industries, Inc.,
- Berkshire Hathaway Inc.,
- CBC Flooring,
- Congoleum Corporation,
- Forbo Holding AG
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Vinyl Flooring Market - Forecast (2019 To
2024) Learn More About the Report _at_
https//www.industryarc.com/Research/Vinyl-Floorin
g-Market-Research-501480
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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