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Global Luxury Vinyl Plank (LVP) Market Growth 2025-2031

Published Sep 04, 2025
Length 153 Pages
SKU # LPI20365923

Description

The global Luxury Vinyl Plank (LVP) market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

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.

United States market for Luxury Vinyl Plank (LVP) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Luxury Vinyl Plank (LVP) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Luxury Vinyl Plank (LVP) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Luxury Vinyl Plank (LVP) players cover Tarkett, Armstrong, Mannington Mills, Mohawk, Congoleum, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Luxury Vinyl Plank (LVP) Industry Forecast” looks at past sales and reviews total world Luxury Vinyl Plank (LVP) sales in 2024, providing a comprehensive analysis by region and market sector of projected Luxury Vinyl Plank (LVP) sales for 2025 through 2031. With Luxury Vinyl Plank (LVP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luxury Vinyl Plank (LVP) industry.

This Insight Report provides a comprehensive analysis of the global Luxury Vinyl Plank (LVP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Luxury Vinyl Plank (LVP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Luxury Vinyl Plank (LVP) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luxury Vinyl Plank (LVP) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Luxury Vinyl Plank (LVP).

This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Vinyl Plank (LVP) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Flexible Luxury Vinyl Tile(LVT)
Rigid Luxury Vinyl Tile(LVT)

Segmentation by Application:
Commercial Use
Residential Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Luxury Vinyl Plank (LVP) market?

What factors are driving Luxury Vinyl Plank (LVP) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Luxury Vinyl Plank (LVP) market opportunities vary by end market size?

How does Luxury Vinyl Plank (LVP) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

153 Pages
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Luxury Vinyl Plank (LVP) by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Luxury Vinyl Plank (LVP) by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
How Do Licenses Work?
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