Dublin, Jan. 04, 2018 (GLOBE NEWSWIRE) -- The "Growth Opportunities for Vinyl Flooring in the Global Construction Market" report has been added to Research and Markets' offering.
The global vinyl flooring market is expected to reach an estimated $16.2 billion by 2023, and it is forecast to grow at a CAGR of 4.4% from 2018 to 2023.
The future of the global vinyl flooring market looks good with opportunities in residential and non-residential floorings. The major drivers for growth are increasing new construction and renovation activities.
Emerging trends that have a direct impact on the dynamics of the vinyl flooring in the global construction industry include increasing demand for loose lay flooring and phthalate-free vinyl flooring. The non-residential segment is expected to show above average growth during the forecast period.
Within the global vinyl flooring market, the non-residential segment is expected to be the largest segment. Increase in demand for luxury vinyl tiles in non-residential buildings, such as offices, hotels, educational institutions, and hospitals, is expected to drive the global vinyl flooring market in the future.
APAC is expected to remain the largest market during the forecast period mainly due to a large construction base and increasing penetration level of vinyl flooring in this region. The awareness regarding the attractive features of vinyl flooring, particularly its ease of installation, low maintenance, and variety of modern designs, are also expected to drive the demand for the vinyl flooring market in the future.
Vinyl flooring in the global construction companies profiled in this market include Shaw Industries, Tarkett, Mohwak Industries, Armstrong World Industries, and Gerflor are among the major suppliers of vinyl floorings.
Scope of the Report
Vinyl Flooring in the Global Construction Market by Product Type [Value ($ Million) from 2012 to 2023]:
- Vinyl Sheet
- Luxury Vinyl Tile (LVT)
- Vinyl Composition Tile (VCT)
Vinyl Flooring in the Global Construction Market by End Use [Value ($ Million) from 2012 to 2023]:
- Residential
- Non-Residential
- Healthcare
- Education
- Hospitality
- Retail
- Office
- Others
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2012 to 2023
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Cost Structure Analysis
7. Growth Opportunities and Strategic Analysis
8. Company Profiles of Leading Players
- Shaw Industries, Inc.
- Tarkett
- Armstrong World Industries, Inc.
- Mannington Mills, Inc.
- Forbo Holding AG
- Mohawk Industries, Inc.
- Gerflor
- Polyflor
- LG Hausys
- Beaulieu International Group
For more information about this report visit https://www.researchandmarkets.com/research/ndw3ml/16_2_billion?w=12