Vinyl plank flooring, also called luxury vinyl flooring (LVF), is also 100 percent synthetic, but in these products, the core layer is a thicker, multi-layer PVC vinyl. Luxury vinyl comes in planks or tiles, sometimes called LVP and LVT, respectively. There are glue-down and loose-fit versions available, but also interlocking styles that join together in much the same way as laminate flooring planks.
According to our (Global Info Research) latest study, the global Vinyl Plank Flooring market size was valued at US$ 8542 million in 2023 and is forecast to a readjusted size of USD 12830 million by 2030 with a CAGR of 6.1% during review period.
The global top three vinyl plank flooring manufacturers include CFL Flooring, Zhejiang Bamboo Technology, and Tarkett, with a total market share of about 20%. The largest producer among them is CFL Flooring, with a market share of over 8%. China is the global leading vinyl plank flooring producing region, with a market share of over 60%. In terms of type, the market share of SPC reaches more than 45%. In the application field, the market share for residential use exceeds 70%.
This report is a detailed and comprehensive analysis for global Vinyl Plank Flooring market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Vinyl Plank Flooring market size and forecasts, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sqm), 2019-2030
Global Vinyl Plank Flooring market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sqm), 2019-2030
Global Vinyl Plank Flooring market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sqm), 2019-2030
Global Vinyl Plank Flooring market shares of main players, shipments in revenue ($ Million), sales quantity (K Sqm), and ASP (US$/Sqm), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Vinyl Plank Flooring
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Vinyl Plank Flooring market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CFL Flooring, Taizhou Huali New Materials, Tianzhen Bamboo Flooring, NOX Corporation, Zhejiang Walrus New Material, Tarkett, Zhangjiagang Yihua Rundong, Zhejiang Kingdom, Mohawk, Jinka Flooring, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Vinyl Plank Flooring market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Loose-lay LVT
Dry-back LVT
SPC
WPC
Market segment by Application
Residential
Commercial
Major players covered
CFL Flooring
Taizhou Huali New Materials
Tianzhen Bamboo Flooring
NOX Corporation
Zhejiang Walrus New Material
Tarkett
Zhangjiagang Yihua Rundong
Zhejiang Kingdom
Mohawk
Jinka Flooring
Novalis
Zhangjiagang Elegant Plastics
Zhejiang GIMIG Technology
Dongshin Polymer
Armstrong
Mannington Mills
LG Hausys
Metroflor
Shaw Floors
Gerflor
Forbo
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vinyl Plank Flooring product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vinyl Plank Flooring, with price, sales quantity, revenue, and global market share of Vinyl Plank Flooring from 2019 to 2024.
Chapter 3, the Vinyl Plank Flooring competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vinyl Plank Flooring breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Vinyl Plank Flooring market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Vinyl Plank Flooring.
Chapter 14 and 15, to describe Vinyl Plank Flooring sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Vinyl Plank Flooring. Industry analysis & Market Report on Vinyl Plank Flooring is a syndicated market report, published as Global Vinyl Plank Flooring Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Vinyl Plank Flooring market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.