Luxury vinyl plank look and feel like hardwood boards and are extremely durable.It's layered.The top layer is vinyl, the middle is high-density core board, and has a strong high-density fiberboard core.It is waterproof, versatile and flexible.
This report contains market size and forecasts of Luxury Vinyl Plank (LVP) in global, including the following market information:
Global Luxury Vinyl Plank (LVP) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Luxury Vinyl Plank (LVP) Market Sales, 2017-2022, 2023-2028, (K Sqm)
Global top five Luxury Vinyl Plank (LVP) companies in 2021 (%)
The global Luxury Vinyl Plank (LVP) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Flexible Luxury Vinyl Tile(LVT) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Luxury Vinyl Plank (LVP) include Tarkett, Armstrong, Mannington Mills, Mohawk, Congoleum, Gerflor, Forbo, Novalis and LG Hausys, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Luxury Vinyl Plank (LVP) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Luxury Vinyl Plank (LVP) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Luxury Vinyl Plank (LVP) Market Segment Percentages, by Type, 2021 (%)
Flexible Luxury Vinyl Tile(LVT)
Rigid Luxury Vinyl Tile(LVT)
Global Luxury Vinyl Plank (LVP) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Luxury Vinyl Plank (LVP) Market Segment Percentages, by Application, 2021 (%)
Commercial Use
Residential Use
Global Luxury Vinyl Plank (LVP) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Luxury Vinyl Plank (LVP) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Luxury Vinyl Plank (LVP) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Luxury Vinyl Plank (LVP) revenues share in global market, 2021 (%)
Key companies Luxury Vinyl Plank (LVP) sales in global market, 2017-2022 (Estimated), (K Sqm)
Key companies Luxury Vinyl Plank (LVP) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tarkett
Armstrong
Mannington Mills
Mohawk
Congoleum
Gerflor
Forbo
Novalis
LG Hausys
Karndean
Shaw Floors
CFL Flooring
Beaulieu
NOX Corporation
Metroflor
Milliken
Polyflor
Snmo LVT
Interface
Dinarsu
IVC US
Dixie Group
Merino