Luxury Vinyl Tile (LVT) Flooring Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2028
Future Market Insights’ newly published market report, “ Luxury Vinyl Tile (LVT) Flooring Market : Global Industry Analysis and Forecast, 2022-2028 ,” examines the vinyl flooring market and offers crucial market insights for the next ten years. Valuable insights encapsulated in the report highlights that the plank segment is expected to remain a leading segment in the market in terms of format, recording a CAGR of 7.1% during the forecast period (2022 – 2028). In addition, the segment is expected to account for around 40.0% share of the overall market value throughout forecast period. Globally, the vinyl flooring market is projected to reach US$ 41,578.7 Mn by the end of 2028. Global Luxury Vinyl Tile (LVT) Flooring Market: Key Dynamics Increasing number of infrastructural activities in both developing and developed countries have continued to contribute towards growth of the global luxury vinyl tile (LVT) flooring market. To offer versatile, water-proof and stain-resistant fl