Lucintel Blog: Vinyl sheet is expected to remain the largest segment in the global vinyl flooring market

Wednesday, May 17, 2023

Vinyl sheet is expected to remain the largest segment in the global vinyl flooring market

An exciting new study from the team of Lucintel found that vinyl flooring market is expected to reach $20.1 billion by 2028 with a CAGR of 3.8%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/vinyl-flooring-market.aspx.

The vinyl flooring market is segmented based on product, end use, and region. In this market, vinyl sheet is expected to remain the largest product, and non-residential segment is expected to remain the largest end use. Players can benefit from the available opportunities like the growth in the construction industry and changing lifestyle. North America is expected to witness the highest growth over the forecast period due to rising investments in single-family constructions in this region.

Growing adoption of loose lay flooring - an innovative form of luxury vinyl tile and increasing demand for phthalate-free vinyl flooring are emerging trends having impact on dynamics of the industry.

Shaw Industries, Tarkett, Mohawk Industries, Gerflor, and Mannington Mills are some of the major players profiled in this 189 page report.

Request Sample Pages by clicking on https://www.lucintel.com/vinyl-flooring-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the vinyl flooring market by product (vinyl sheet, luxury vinyl tile, and vinyl composite tile), end use (residential and non-residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the vinyl flooring market?

Q.4 What are some changing demands of customers in the vinyl flooring market?

Q.5 What are the new developments in the vinyl flooring market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this vinyl flooring area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this vinyl flooring market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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