Market report Vinyl plank flooring Provides information from key players, geography, segmentation, competitor analysis, sales, revenue, price, gross profit, market share, trends and forecast 2022-2027. Market research Vinyl plank flooring is an intelligent report with careful efforts to learn accurate and valuable information. Well-explained SWOT analysis, revenue sharing and shared contact information in the analysis of this report. It also provides information about the market in terms of its development and capability
The vinyl flooring market is expected to record a CAGR of 4.9% in the 2022-2027 forecast period.
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The leading key suppliers of this vinyl plank flooring market are:
Tarkett, Armstrong, Mannington Mills, Mohawk, Congoleum, Gerflor, Forbo, Novalis, LG Hausys, Karndean, CFL Flooring, Beaulieu, NOX Corporation, Metroflor, Milliken, Polyflor, Snmo LVT
Industry News:
- Tarkett Made 3 purchases and one investment. Tarkett has invested in a number of sectors such as and more. Tarkett Acquired 4 companies, one of them in the last 5 years. A total of 4 acquisitions came from private capital companies. Tarkett’s biggest acquisition to date was when it acquired Desso Group BV for $ 180 million. Tarkett has acquired in one state in the US and in 2 states. The company’s most focused sectors include building materials (67%) and manufacturing (34%).
The main types covered are:
- Flexible vinyl plank flooring
- Hard vinyl plank flooring
The main applications covered are:
- Residential use
- commercial use
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Asia Pacific dominates the market
Asia region Pacific Has witnessed a growing number of renovation and maintenance activities in residential and non-residential construction sectors and held a larger market share. In addition, the LVT flooring market in this area is expected to grow at the highest CAGR in the forecast period, both in terms of values and in terms of volume.
Regional analysis of the vinyl plank flooring market (regional output, demand and forecast by countries):
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Africa Middle East (Egypt, Turkey, Saudi Arabia, Iran) and more.
The investigation report regarding the vinyl plank flooring market refers to past display and future execution of the global market. The report promotes investigations that present competitive situations, dominant commercial models and possible progress in the proposals of critical players in the coming years.
Some important points in the table of contents:
- Detailed overview of the parent market of vinyl plank flooring
- Changing market dynamics in industry
- Market segmentation Deep vinyl plank flooring
- Historical, current and predicted market size in terms of volume and value
- Recent trends and developments in the industry
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche sectors, geographical areas that demonstrate promising growth
- Neutral point of view on the market performance of vinyl plank flooring
COVID 19 effect:
The vinyl plank flooring market report took into account the impact analysis of the epidemic and expanded the trends that will be essential to the upcoming competitive landscape. The research reports of the vinyl plank flooring market provide industry players with crucial support in expanding the customer base in specific market spaces.
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