Vinyl Flooring Market Global Size (US$ 79.2 Billion) and Growth Rate (CAGR of 9.1%)


Published August 14, 2023

IMARC Group, a leading market research company, has recently released a report titled “Vinyl Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global vinyl flooring market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Vinyl Flooring Market?

The global vinyl flooring market size reached US$ 46.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 79.2 Billion by 2028, exhibiting a growth rate (CAGR) of 9.1% during 2023-2028.

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What is Vinyl Flooring?

Vinyl flooring is a type of resilient flooring made from synthetic materials like polyvinyl chloride (PVC), which imitates the look of natural materials such as wood, stone, or ceramic. It is widely used in commercial, residential, and industrial settings due to its durability and versatility. Vinyl flooring is characterized by its exceptional durability, resistance to moisture and scratches, and ease of maintenance. It offers a wide range of design possibilities, from mimicking natural materials to vibrant colours and complex patterns. The flooring is often softer and warmer underfoot compared to hard surfaces like stone or ceramic. Key features of vinyl flooring include its ease of installation and the ability to withstand high foot traffic. Some types of vinyl flooring are waterproof, making them ideal for use in bathrooms or kitchens. Modern vinyl flooring often includes a wear layer for added durability, and luxury vinyl tiles (LVT) provide high-end finishes with realistic textures. Additionally, vinyl flooring is often more affordable compared to many other types of flooring. Vinyl flooring finds its application in various industries such as construction, hospitality, and healthcare.

Ceramic Roof Tiles and Terracotta Roof Tile Comparison

When considering roofing materials, two popular options that often come to mind are ceramic roof tiles and terracotta roof tiles. Both these options provide a classic and aesthetically pleasing appearance to roofs, while also offering their own unique characteristics.

Ceramic Roof Tiles: Ceramic roof tiles are made from natural clay that is fired at high temperatures. These tiles are known for their durability and longevity, often lasting for decades without significant wear. They come in a variety of shapes, sizes, and colors, allowing for customization to match different architectural styles. Ceramic tiles are resistant to fire, insects, and rot, making them a reliable choice for roofing. They also provide good insulation, helping to regulate indoor temperatures and potentially reducing energy costs. However, ceramic tiles can be heavy, requiring a strong roof structure for support. Additionally, professional installation is recommended to ensure proper sealing and secure placement.

Terracotta Roof Tiles: Terracotta roof tiles are a type of ceramic tile, but they are specifically made from a reddish-brown clay. These tiles have a distinct rustic charm and are often associated with Mediterranean or Spanish-style architecture. Like ceramic tiles, terracotta tiles are durable and fire-resistant. They also offer good insulation, helping to keep homes cooler in hot weather. The natural earthy tones of terracotta tiles can enhance the overall curb appeal of a property. However, they may require occasional maintenance to prevent moss or algae growth. Similar to ceramic tiles, terracotta tiles are relatively heavy and should be installed by professionals.

In summary, both ceramic roof tiles and terracotta roof tiles offer unique benefits and contribute to the visual appeal of a building. The choice between the two depends on factors such as architectural style, climate, and budget. Whether opting for the timeless elegance of ceramic or the warm, earthy tones of terracotta, these roofing options can add character and value to any structure.

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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Who are the Key Players Operating in the Vinyl Flooring Market?

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are:

  • Tarkett
  • Mohawk
  • Armstrong World Industries Inc.
  • Shaw Industries Inc.
  • Mannington Mills Inc.
  • Beaulieu International Group
  • Gerflor
  • Forbo

What is Included in Market Segmentation?

The report has categorized the market based on product type, sector and region.

Breakup by Sector:

Based on Product Type:

  • Vinyl Sheet 
  • Luxury Vinyl Tile (LVT)  
  • Vinyl Composition Tile (VCT)

Regional Insights:

  • Asia-Pacific
  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Middle East and Africa

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Key Highlights of the Report:                                                    

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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