Global Luxury Vinyl Plank Flooring Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Luxury Vinyl Plank Flooring market size was valued at US$ 5855 million in 2024 and is forecast to a readjusted size of USD 8520 million by 2031 with a CAGR of 5.6% during review period.
Vinyl plank flooring, also called luxury vinyl flooring (LVF), is also 100 percent synthetic, but in these products, the core layer is a thicker, multi-layer PVC vinyl. Luxury vinyl comes in planks or tiles, sometimes called LVP and LVT, respectively. There are glue-down and loose-fit versions available, but also interlocking styles that join together in much the same way as laminate flooring planks.
Luxury Vinyl Plank Flooring, also known as LVP flooring, has gained significant traction in the market in recent years as a popular flooring material. This type of flooring is appreciated for its exceptional wood-like textures and durability. Luxury Vinyl Plank Flooring replicates the texture and feel of real wood in its appearance, but comes with the added benefits of being waterproof and wear-resistant, making it an ideal choice for kitchens, bathrooms, and other damp environments. In comparison to traditional hardwood flooring, LVP flooring is more cost-effective and easier to install. With continuous technological advancements, the printing and texturing of this flooring have become increasingly realistic, making it difficult to distinguish from genuine wood with the naked eye. Consequently, Luxury Vinyl Plank Flooring holds expansive prospects for application in both commercial and residential settings, driven by its remarkable characteristics and evolving aesthetic appeal.
This report is a detailed and comprehensive analysis for global Luxury Vinyl Plank Flooring 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 Plank Flooring market size and forecasts, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sqm), 2020-2031
Global Luxury Vinyl Plank Flooring market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sqm), 2020-2031
Global Luxury Vinyl Plank Flooring market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sqm), 2020-2031
Global Luxury Vinyl Plank Flooring market shares of main players, shipments in revenue ($ Million), sales quantity (K Sqm), and ASP (US$/Sqm), 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 Plank Flooring
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 Plank Flooring 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, Congoleum, Gerflor, Forbo, Novalis, LG Hausys, Karndean, CFL Flooring, Beaulieu, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Luxury Vinyl Plank Flooring 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
Flexible Vinyl Plank Flooring
Rigid Vinyl Plank Flooring
Market segment by Application
Residential Use
Commercial Use
Major players covered
Tarkett
Armstrong
Congoleum
Gerflor
Forbo
Novalis
LG Hausys
Karndean
CFL Flooring
Beaulieu
NOX Corporation
Metroflor
Milliken
Polyflor
Snmo LVT
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 Plank Flooring product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Luxury Vinyl Plank Flooring, with price, sales quantity, revenue, and global market share of Luxury Vinyl Plank Flooring from 2020 to 2025.
Chapter 3, the Luxury Vinyl Plank Flooring competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Luxury Vinyl Plank Flooring 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 Plank Flooring 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 Plank Flooring.
Chapter 14 and 15, to describe Luxury Vinyl Plank Flooring sales channel, distributors, customers, research findings and conclusion.
Vinyl plank flooring, also called luxury vinyl flooring (LVF), is also 100 percent synthetic, but in these products, the core layer is a thicker, multi-layer PVC vinyl. Luxury vinyl comes in planks or tiles, sometimes called LVP and LVT, respectively. There are glue-down and loose-fit versions available, but also interlocking styles that join together in much the same way as laminate flooring planks.
Luxury Vinyl Plank Flooring, also known as LVP flooring, has gained significant traction in the market in recent years as a popular flooring material. This type of flooring is appreciated for its exceptional wood-like textures and durability. Luxury Vinyl Plank Flooring replicates the texture and feel of real wood in its appearance, but comes with the added benefits of being waterproof and wear-resistant, making it an ideal choice for kitchens, bathrooms, and other damp environments. In comparison to traditional hardwood flooring, LVP flooring is more cost-effective and easier to install. With continuous technological advancements, the printing and texturing of this flooring have become increasingly realistic, making it difficult to distinguish from genuine wood with the naked eye. Consequently, Luxury Vinyl Plank Flooring holds expansive prospects for application in both commercial and residential settings, driven by its remarkable characteristics and evolving aesthetic appeal.
This report is a detailed and comprehensive analysis for global Luxury Vinyl Plank Flooring 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 Plank Flooring market size and forecasts, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sqm), 2020-2031
Global Luxury Vinyl Plank Flooring market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sqm), 2020-2031
Global Luxury Vinyl Plank Flooring market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sqm), 2020-2031
Global Luxury Vinyl Plank Flooring market shares of main players, shipments in revenue ($ Million), sales quantity (K Sqm), and ASP (US$/Sqm), 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 Plank Flooring
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 Plank Flooring 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, Congoleum, Gerflor, Forbo, Novalis, LG Hausys, Karndean, CFL Flooring, Beaulieu, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Luxury Vinyl Plank Flooring 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
Flexible Vinyl Plank Flooring
Rigid Vinyl Plank Flooring
Market segment by Application
Residential Use
Commercial Use
Major players covered
Tarkett
Armstrong
Congoleum
Gerflor
Forbo
Novalis
LG Hausys
Karndean
CFL Flooring
Beaulieu
NOX Corporation
Metroflor
Milliken
Polyflor
Snmo LVT
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 Plank Flooring product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Luxury Vinyl Plank Flooring, with price, sales quantity, revenue, and global market share of Luxury Vinyl Plank Flooring from 2020 to 2025.
Chapter 3, the Luxury Vinyl Plank Flooring competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Luxury Vinyl Plank Flooring 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 Plank Flooring 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 Plank Flooring.
Chapter 14 and 15, to describe Luxury Vinyl Plank Flooring sales channel, distributors, customers, research findings and conclusion.
Table of Contents
117 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Luxury Vinyl Plank Flooring by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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