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Global PVC Floor Market Research Report 2021
SKU ID : QYR-17254020 | Publishing Date : 25-Jan-2021 | No. of pages : 91
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PVC Flooring is a new type of resilient flooring in the market. PVC stands for polyvinyl chloride, a versatile substance that can be used in the production of many household fixtures, including doors, windows, pipe fittings and floors. PVC floors are used in commercial and residential buildings around the world and are relatively inexpensive to install.
In terms of sales volume, the total sales of PVC flooring in the United States had increased to 60354 K Sqm in 2016 from 38797 K Sqm in 2012, and it is expected to increase from 67449 K Sqm by 2017 to 125548 K Sqm by 2022.
Nowadays, the top three companies make up more than 41.80% market share of the PVC flooring market, in terms of revenue. The top three manufacturers are Armstrong, Bonie and LG Hausys. They respectively with market share as 20.70%, 11.06%, and 10.04% in 2016.
The PVC flooring market has been increased in accordance with the economy development and the higher life level of the people. Meanwhile, the environmental awareness is an important factor of the increase of the industry. With the fierce competition of the market, the manufacturers are had better make sure that their product with high performance and quality, with the good services level. Following the market trends, access to greater competitive advantage, concerning more on their R&D and services to get a bigger market share.
Although sales of electrical switches brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.
Market Analysis and Insights: Global PVC Floor Market
The global PVC Floor market was valued at US$ 954.8 million in 2019 and it is expected to reach US$ 1922.9 million by the end of 2026, growing at a CAGR of 10.4% during 2021-2026.
Global PVC Floor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global PVC Floor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Homogenous
Heterogeneous
Vinyl tiles (VT)
Luxury vinyl tiles (LVT)
Segment by Application
Commercial
Residential
By Company
Armstrong
Bonie
LG Hausys
Gerflor
Forbo
Mohawk(including IVC)
Mannington
Tarkett
Polyflor
HANWHA
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
In terms of sales volume, the total sales of PVC flooring in the United States had increased to 60354 K Sqm in 2016 from 38797 K Sqm in 2012, and it is expected to increase from 67449 K Sqm by 2017 to 125548 K Sqm by 2022.
Nowadays, the top three companies make up more than 41.80% market share of the PVC flooring market, in terms of revenue. The top three manufacturers are Armstrong, Bonie and LG Hausys. They respectively with market share as 20.70%, 11.06%, and 10.04% in 2016.
The PVC flooring market has been increased in accordance with the economy development and the higher life level of the people. Meanwhile, the environmental awareness is an important factor of the increase of the industry. With the fierce competition of the market, the manufacturers are had better make sure that their product with high performance and quality, with the good services level. Following the market trends, access to greater competitive advantage, concerning more on their R&D and services to get a bigger market share.
Although sales of electrical switches brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.
Market Analysis and Insights: Global PVC Floor Market
The global PVC Floor market was valued at US$ 954.8 million in 2019 and it is expected to reach US$ 1922.9 million by the end of 2026, growing at a CAGR of 10.4% during 2021-2026.
Global PVC Floor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global PVC Floor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Homogenous
Heterogeneous
Vinyl tiles (VT)
Luxury vinyl tiles (LVT)
Segment by Application
Commercial
Residential
By Company
Armstrong
Bonie
LG Hausys
Gerflor
Forbo
Mohawk(including IVC)
Mannington
Tarkett
Polyflor
HANWHA
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
