Global Vinyl Tile Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

There’s a lot of ground to cover in the world of flooring. Vinyl has been a popular choice for its durability and wide range of styles for many years. Vinyl tile is a flooring material that is generally inexpensive, easy to install, and easy to maintain. Made primarily from polyvinyl chloride resins and plasticizers, these flooring tiles are waterproof and very durable.
In the world wide, North America, Europe, Japan, Korea and China are the major manufacturing regions. North America is the leader in vinyl tile market, whose consumption volume occupied 31.23% market share in 2016. Armstrong, Mannington Mills, Tarkett, NOX , Hanwha and Shaw are the global leading manufacturers of vinyl tile.

Vinyl tile downstream is wide and the main application fields are residential and commercial use. Globally, in 2016 Commercial Use accounts for nearly 64.88% of total downstream consumption of vinyl tile in global.

According to the type, it can be divided into LVT and VCT. Vinyl Composition Tile (VCT) is the main product, capturing about 59.44% of global consumption of vinyl tile in 2016.

According to our research and analysis, manufacturers from North America and Europe are the major leaders in the international market of vinyl tile. North America is the largest production and consumption region. In 2016, the North America consumption of vinyl tile is 171.71 million Sq.m. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price. With lower human cost, raw materials and strong market demand, many big international brands have set up factories in China.

Global market is expected to witness significant growth on account of rising applications, so in the next few years, vinyl tile consumption will show a trend of steady growth.

Market Analysis and Insights: Global Vinyl Tile Market
In 2019, the global Vinyl Tile market size was US$ 8073.3 million and it is expected to reach US$ 10880 million by the end of 2026, with a CAGR of 4.3% during 2021-2026.
Global Vinyl Tile Scope and Market Size
Vinyl Tile market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Vinyl Tile market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Vinyl Tile market is segmented into
Luxury Vinyl Tile (LVT)
Vinyl Composite Tile (VCT)
Others

Segment by Application, the Vinyl Tile market is segmented into
Commercial Use
Residential Use

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Vinyl Tile Market Share Analysis
Vinyl Tile market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Vinyl Tile product introduction, recent developments, Vinyl Tile sales by region, type, application and by sales channel.

The major companies include:
Tarkett
Gerflor
Armstrong
Mannington Mills
NOX
Shaw
Hanwha
LG Hausys
Mohawk
Polyflor
Congoleum
Forbo
TOLI
Beaulieu
Tajima
Metroflor
Interface
RiL
Karndean
Roppe
Milliken
Kraus
Parterre
Kingdomfloor
Snmo LVT
Hailide New Material
Taide Plastic Flooring