Title: Vinyl Flooring Market
1Vinyl Flooring Market Product (Luxury Vinyl Tile
And Vinyl Sheets Vinyl Composite Tile),
End-user Industry (Residential, Health Care,
Retail, Education, Sport, Hospitality, Office,
Industrial, And Automotive) - Global Forecast
2019 To 2024
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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 from this Report
- 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. - Adoption of premium products to enhance the
overall building structure's esthetic appearance
will support the expansion of the flooring
business. Increasing disposable incomes and
increased socialization are also prompting
consumers to spend more on improving their homes
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- By Distribution Channel- Segment Analysis
- Residential sector accounts for the highest
market share in the global market. The vinyl
flooring has ability to imitate expensive
flooring types and less effort makes it a
favorable flooring type. The vinyl flooring
industry in 2017 continued a steady growth with
3.85 gain in terms of value and 3.2 in terms of
volume. The residential replacement sales in 2017
was one of the primary factor responsible for the
upsurge of vinyl flooring. In 2017, the household
floor coverings spending increased by an
estimated 5.5 percent.
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- Vinyl Flooring Market Industry Outlook
- Armstrong World Industries, Inc.,
- Berkshire Hathaway Inc.,
- CBC Flooring,
- Congoleum Corporation,
- Forbo Holding AG,
- Tarkett S.A., and Mannington Mills, Inc,
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Vinyl Flooring Market Product (Luxury Vinyl Tile
And Vinyl Sheets Vinyl Composite Tile),
End-user Industry (Residential, Health Care,
Retail, Education, Sport, Hospitality, Office,
Industrial, And Automotive) - Global Forecast
2019 To 2024 Learn More About the Report _at_
https//www.industryarc.com/Research/Vinyl-Floori
ng-Market-Research-501480
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Email sales_at_industryarc.com
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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
- Purchase Full Report _at_ https//www.industryarc.com
/purchasereport.php?id501480
Inquiry Before Buying
Email sales_at_industryarc.com
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com