Global Top 16 Companies Accounted for 18% of total Luxury Vinyl Flooring (LVT) market (Business Opportunities - Home Business)

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Global Top 16 Companies Accounted for 18% of total Luxury Vinyl Flooring (LVT) market


For gorgeous, elevated luxury in the home, the sophistication and timelessness of hardwood flooring is often a first choice among homeowners. In addition to lasting for decades with proper care, homes with wood flooring retain their value better, sell more quickly, and tend to sell for more. But wood flooring has drawbacks. That’s why luxury vinyl flooring is becoming increasingly popular with homeowners.
Note: The data of the manufacturer in this report is based on the data of the terminal brand. At present, a large number of LVT factories are located in China and South Korea. A large number of factories in this region export LVT to the world, but most of them are sold through the trademarks of other companies. Leading players such as Tarkett, Armstrong, Mohawk and Mannington Mills have products made by Chinese players. Therefore, for statistical purposes, the data in this report is based on the final sales brand or the player’s own brand.
The global key manufacturers of Luxury Vinyl Flooring (LVT) include Tarkett, Armstrong, Mannington Mills, Mohawk, Congoleum, Gerflor, Metroflor, NOX Corporation, Karndean, Shaw Floors, etc. In 2021, the global top five players had a share approximately 18.0% in terms of revenue.

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Last Update : May 09, 2024 1:50 AM
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2024-06-01 (0.432 sec)