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Chemical & Material Global Luxury Vinyl Tile (LVT) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4656071
    • |
  • 05 December, 2025
    • |
  • Global
    • |
  • 133 Pages
    • |
  • GIR
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Luxury Vinyl Tile (LVT) market size was valued at US$ 11970 million in 2024 and is forecast to a readjusted size of USD 26740 million by 2031 with a CAGR of 12.3% during review period.
LVT is an acronym for "luxury vinyl tile." It is a marketing term used by numerous companies to describe their vinyl flooring that is decoratively patterned to emulate the look of natural wood, granite or other types of flooring. There is no exact definition of the term, only generalities. It is not actually a separate category of tiling, simply a way of describing standard vinyl tiling that has been designed to match natural flooring.
Luxury Vinyl Tile (LVT) downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.95% of total downstream consumption volume of Luxury Vinyl Tile (LVT) in global in 2019. According to the type, it can be divided into Loose-lay LVT, Dry-back LVT, SPC, WPC, etc. Dry-back LVT is the main product, capturing about 55.55% of global consumption of Luxury Vinyl Tile (LVT) in 2019. Today’s industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.
This report is a detailed and comprehensive analysis for global Luxury Vinyl Tile (LVT) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Luxury Vinyl Tile (LVT) market size and forecasts, in consumption value ($ Million), sales quantity (K Sq.m.), and average selling prices (USD/Sq.m), 2020-2031
Global Luxury Vinyl Tile (LVT) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sq.m.), and average selling prices (USD/Sq.m), 2020-2031
Global Luxury Vinyl Tile (LVT) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sq.m.), and average selling prices (USD/Sq.m), 2020-2031
Global Luxury Vinyl Tile (LVT) market shares of main players, shipments in revenue ($ Million), sales quantity (K Sq.m.), and ASP (USD/Sq.m), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Luxury Vinyl Tile (LVT)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Luxury Vinyl Tile (LVT) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tarkett, Armstrong, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors, Metroflor, Karndean, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Luxury Vinyl Tile (LVT) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Loose-lay LVT
Dry-back LVT
SPC
WPC
Others
Market segment by Application
Commercial Use
Residential Use
Major players covered
Tarkett
Armstrong
Mohawk
Mannington Mills
Congoleum
Gerflor
Forbo
Shaw Floors
Metroflor
Karndean
Beaulieu
LG Hausys
Milliken
NOX Corporation
Novalis
Polyflor
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Luxury Vinyl Tile (LVT) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Luxury Vinyl Tile (LVT), with price, sales quantity, revenue, and global market share of Luxury Vinyl Tile (LVT) from 2020 to 2025.
Chapter 3, the Luxury Vinyl Tile (LVT) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Luxury Vinyl Tile (LVT) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Luxury Vinyl Tile (LVT) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Luxury Vinyl Tile (LVT).
Chapter 14 and 15, to describe Luxury Vinyl Tile (LVT) sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Luxury Vinyl Tile (LVT) Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Loose-lay LVT
    • 1.3.3 Dry-back LVT
    • 1.3.4 SPC
    • 1.3.5 WPC
    • 1.3.6 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Luxury Vinyl Tile (LVT) Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Commercial Use
    • 1.4.3 Residential Use
  • 1.5 Global Luxury Vinyl Tile (LVT) Market Size & Forecast
    • 1.5.1 Global Luxury Vinyl Tile (LVT) Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Luxury Vinyl Tile (LVT) Sales Quantity (2020-2031)
    • 1.5.3 Global Luxury Vinyl Tile (LVT) Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Tarkett
    • 2.1.1 Tarkett Details
    • 2.1.2 Tarkett Major Business
    • 2.1.3 Tarkett Luxury Vinyl Tile (LVT) Product and Services
    • 2.1.4 Tarkett Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Tarkett Recent Developments/Updates
  • 2.2 Armstrong
    • 2.2.1 Armstrong Details
    • 2.2.2 Armstrong Major Business
    • 2.2.3 Armstrong Luxury Vinyl Tile (LVT) Product and Services
    • 2.2.4 Armstrong Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Armstrong Recent Developments/Updates
  • 2.3 Mohawk
    • 2.3.1 Mohawk Details
    • 2.3.2 Mohawk Major Business
    • 2.3.3 Mohawk Luxury Vinyl Tile (LVT) Product and Services
    • 2.3.4 Mohawk Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Mohawk Recent Developments/Updates
  • 2.4 Mannington Mills
    • 2.4.1 Mannington Mills Details
    • 2.4.2 Mannington Mills Major Business
    • 2.4.3 Mannington Mills Luxury Vinyl Tile (LVT) Product and Services
    • 2.4.4 Mannington Mills Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Mannington Mills Recent Developments/Updates
  • 2.5 Congoleum
    • 2.5.1 Congoleum Details
    • 2.5.2 Congoleum Major Business
    • 2.5.3 Congoleum Luxury Vinyl Tile (LVT) Product and Services
    • 2.5.4 Congoleum Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Congoleum Recent Developments/Updates
  • 2.6 Gerflor
    • 2.6.1 Gerflor Details
    • 2.6.2 Gerflor Major Business
    • 2.6.3 Gerflor Luxury Vinyl Tile (LVT) Product and Services
    • 2.6.4 Gerflor Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Gerflor Recent Developments/Updates
  • 2.7 Forbo
    • 2.7.1 Forbo Details
    • 2.7.2 Forbo Major Business
    • 2.7.3 Forbo Luxury Vinyl Tile (LVT) Product and Services
    • 2.7.4 Forbo Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Forbo Recent Developments/Updates
  • 2.8 Shaw Floors
    • 2.8.1 Shaw Floors Details
    • 2.8.2 Shaw Floors Major Business
    • 2.8.3 Shaw Floors Luxury Vinyl Tile (LVT) Product and Services
    • 2.8.4 Shaw Floors Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Shaw Floors Recent Developments/Updates
  • 2.9 Metroflor
    • 2.9.1 Metroflor Details
    • 2.9.2 Metroflor Major Business
    • 2.9.3 Metroflor Luxury Vinyl Tile (LVT) Product and Services
    • 2.9.4 Metroflor Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Metroflor Recent Developments/Updates
  • 2.10 Karndean
    • 2.10.1 Karndean Details
    • 2.10.2 Karndean Major Business
    • 2.10.3 Karndean Luxury Vinyl Tile (LVT) Product and Services
    • 2.10.4 Karndean Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Karndean Recent Developments/Updates
  • 2.11 Beaulieu
    • 2.11.1 Beaulieu Details
    • 2.11.2 Beaulieu Major Business
    • 2.11.3 Beaulieu Luxury Vinyl Tile (LVT) Product and Services
    • 2.11.4 Beaulieu Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Beaulieu Recent Developments/Updates
  • 2.12 LG Hausys
    • 2.12.1 LG Hausys Details
    • 2.12.2 LG Hausys Major Business
    • 2.12.3 LG Hausys Luxury Vinyl Tile (LVT) Product and Services
    • 2.12.4 LG Hausys Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 LG Hausys Recent Developments/Updates
  • 2.13 Milliken
    • 2.13.1 Milliken Details
    • 2.13.2 Milliken Major Business
    • 2.13.3 Milliken Luxury Vinyl Tile (LVT) Product and Services
    • 2.13.4 Milliken Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Milliken Recent Developments/Updates
  • 2.14 NOX Corporation
    • 2.14.1 NOX Corporation Details
    • 2.14.2 NOX Corporation Major Business
    • 2.14.3 NOX Corporation Luxury Vinyl Tile (LVT) Product and Services
    • 2.14.4 NOX Corporation Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 NOX Corporation Recent Developments/Updates
  • 2.15 Novalis
    • 2.15.1 Novalis Details
    • 2.15.2 Novalis Major Business
    • 2.15.3 Novalis Luxury Vinyl Tile (LVT) Product and Services
    • 2.15.4 Novalis Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Novalis Recent Developments/Updates
  • 2.16 Polyflor
    • 2.16.1 Polyflor Details
    • 2.16.2 Polyflor Major Business
    • 2.16.3 Polyflor Luxury Vinyl Tile (LVT) Product and Services
    • 2.16.4 Polyflor Luxury Vinyl Tile (LVT) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Polyflor Recent Developments/Updates

3 Competitive Environment: Luxury Vinyl Tile (LVT) by Manufacturer

  • 3.1 Global Luxury Vinyl Tile (LVT) Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Luxury Vinyl Tile (LVT) Revenue by Manufacturer (2020-2025)
  • 3.3 Global Luxury Vinyl Tile (LVT) Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Luxury Vinyl Tile (LVT) by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Luxury Vinyl Tile (LVT) Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Luxury Vinyl Tile (LVT) Manufacturer Market Share in 2024
  • 3.5 Luxury Vinyl Tile (LVT) Market: Overall Company Footprint Analysis
    • 3.5.1 Luxury Vinyl Tile (LVT) Market: Region Footprint
    • 3.5.2 Luxury Vinyl Tile (LVT) Market: Company Product Type Footprint
    • 3.5.3 Luxury Vinyl Tile (LVT) Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Luxury Vinyl Tile (LVT) Market Size by Region
    • 4.1.1 Global Luxury Vinyl Tile (LVT) Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Luxury Vinyl Tile (LVT) Consumption Value by Region (2020-2031)
    • 4.1.3 Global Luxury Vinyl Tile (LVT) Average Price by Region (2020-2031)
  • 4.2 North America Luxury Vinyl Tile (LVT) Consumption Value (2020-2031)
  • 4.3 Europe Luxury Vinyl Tile (LVT) Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Luxury Vinyl Tile (LVT) Consumption Value (2020-2031)
  • 4.5 South America Luxury Vinyl Tile (LVT) Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Luxury Vinyl Tile (LVT) Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Luxury Vinyl Tile (LVT) Sales Quantity by Type (2020-2031)
  • 5.2 Global Luxury Vinyl Tile (LVT) Consumption Value by Type (2020-2031)
  • 5.3 Global Luxury Vinyl Tile (LVT) Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Luxury Vinyl Tile (LVT) Sales Quantity by Application (2020-2031)
  • 6.2 Global Luxury Vinyl Tile (LVT) Consumption Value by Application (2020-2031)
  • 6.3 Global Luxury Vinyl Tile (LVT) Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Luxury Vinyl Tile (LVT) Sales Quantity by Type (2020-2031)
  • 7.2 North America Luxury Vinyl Tile (LVT) Sales Quantity by Application (2020-2031)
  • 7.3 North America Luxury Vinyl Tile (LVT) Market Size by Country
    • 7.3.1 North America Luxury Vinyl Tile (LVT) Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Luxury Vinyl Tile (LVT) Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Luxury Vinyl Tile (LVT) Sales Quantity by Type (2020-2031)
  • 8.2 Europe Luxury Vinyl Tile (LVT) Sales Quantity by Application (2020-2031)
  • 8.3 Europe Luxury Vinyl Tile (LVT) Market Size by Country
    • 8.3.1 Europe Luxury Vinyl Tile (LVT) Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Luxury Vinyl Tile (LVT) Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Luxury Vinyl Tile (LVT) Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Luxury Vinyl Tile (LVT) Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Luxury Vinyl Tile (LVT) Market Size by Region
    • 9.3.1 Asia-Pacific Luxury Vinyl Tile (LVT) Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Luxury Vinyl Tile (LVT) Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Luxury Vinyl Tile (LVT) Sales Quantity by Type (2020-2031)
  • 10.2 South America Luxury Vinyl Tile (LVT) Sales Quantity by Application (2020-2031)
  • 10.3 South America Luxury Vinyl Tile (LVT) Market Size by Country
    • 10.3.1 South America Luxury Vinyl Tile (LVT) Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Luxury Vinyl Tile (LVT) Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Luxury Vinyl Tile (LVT) Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Luxury Vinyl Tile (LVT) Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Luxury Vinyl Tile (LVT) Market Size by Country
    • 11.3.1 Middle East & Africa Luxury Vinyl Tile (LVT) Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Luxury Vinyl Tile (LVT) Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Luxury Vinyl Tile (LVT) Market Drivers
  • 12.2 Luxury Vinyl Tile (LVT) Market Restraints
  • 12.3 Luxury Vinyl Tile (LVT) Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Luxury Vinyl Tile (LVT) and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Luxury Vinyl Tile (LVT)
  • 13.3 Luxury Vinyl Tile (LVT) Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Luxury Vinyl Tile (LVT) Typical Distributors
  • 14.3 Luxury Vinyl Tile (LVT) Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Luxury Vinyl Tile (LVT). Industry analysis & Market Report on Luxury Vinyl Tile (LVT) is a syndicated market report, published as Global Luxury Vinyl Tile (LVT) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Luxury Vinyl Tile (LVT) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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