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.
This report aims to provide a comprehensive presentation of the global market for Vinyl Plank Flooring study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Vinyl Plank Flooring Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Vinyl Plank Flooring Market Sales, 2017-2022, 2023-2028, (K Sqm)
Global top five Vinyl Plank Flooring companies in 2021 (%)
The global Vinyl Plank Flooring market was valued at 7748.3 million in 2021 and is projected to reach US$ 11600 million by 2028, at a CAGR of 5.9% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Loose-lay LVT Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vinyl Plank Flooring include CFL Flooring, Taizhou Huali New Materials, Tianzhen Bamboo Flooring, NOX Corporation, Zhejiang Walrus New Material, Tarkett, Zhangjiagang Yihua Rundong, Zhejiang Kingdom and Mohawk, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Vinyl Plank Flooring 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.
Segmental Outline:
Global Vinyl Plank Flooring Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Vinyl Plank Flooring Market Segment Percentages, by Type, 2021 (%)
Loose-lay LVT
Dry-back LVT
SPC
WPC
Global Vinyl Plank Flooring Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Vinyl Plank Flooring Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Global Vinyl Plank Flooring Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Vinyl Plank Flooring 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 Vinyl Plank Flooring revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Vinyl Plank Flooring revenues share in global market, 2021 (%)
Key companies Vinyl Plank Flooring sales in global market, 2017-2022 (Estimated), (K Sqm)
Key companies Vinyl Plank Flooring sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
CFL Flooring
Taizhou Huali New Materials
Tianzhen Bamboo Flooring
NOX Corporation
Zhejiang Walrus New Material
Tarkett
Zhangjiagang Yihua Rundong
Zhejiang Kingdom
Mohawk
Jinka Flooring
Novalis
Zhangjiagang Elegant Plastics
Zhejiang GIMIG Technology
Dongshin Polymer
Armstrong
Mannington Mills
LG Hausys
Metroflor
Shaw Floors
Gerflor
Forbo
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Vinyl Plank Flooring Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Vinyl Plank Flooring Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Vinyl Plank Flooring Overall Market Size
2.1 Global Vinyl Plank Flooring Market Size: 2021 VS 2028
2.2 Global Vinyl Plank Flooring Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Vinyl Plank Flooring Sales: 2017-2028
3 Company Landscape
3.1 Top Vinyl Plank Flooring Players in Global Market
3.2 Top Global Vinyl Plank Flooring Companies Ranked by Revenue
3.3 Global Vinyl Plank Flooring Revenue by Companies
3.4 Global Vinyl Plank Flooring Sales by Companies
3.5 Global Vinyl Plank Flooring Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Vinyl Plank Flooring Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Vinyl Plank Flooring Product Type
3.8 Tier 1, Tier 2 and Tier 3 Vinyl Plank Flooring Players in Global Market
3.8.1 List of Global Tier 1 Vinyl Plank Flooring Companies
3.8.2 List of Global Tier 2 and Tier 3 Vinyl Plank Flooring Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Vinyl Plank Flooring Market Size Markets, 2021 & 2028
4.1.2 Loose-lay LVT
4.1.3 Dry-back LVT
4.1.4 SPC
4.1.5 WPC
4.2 By Type - Global Vinyl Plank Flooring Revenue & Forecasts
4.2.1 By Type - Global Vinyl Plank Flooring Revenue, 2017-2022
4.2.2 By Type - Global Vinyl Plank Flooring Revenue, 2023-2028
4.2.3 By Type - Global Vinyl Plank Flooring Revenue Market Share, 2017-2028
4.3 By Type - Global Vinyl Plank Flooring Sales & Forecasts
4.3.1 By Type - Global Vinyl Plank Flooring Sales, 2017-2022
4.3.2 By Type - Global Vinyl Plank Flooring Sales, 2023-2028
4.3.3 By Type - Global Vinyl Plank Flooring Sales Market Share, 2017-2028
4.4 By Type - Global Vinyl Plank Flooring Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Vinyl Plank Flooring Market Size, 2021 & 2028
5.1.2 Residential
5.1.3 Commercial
5.2 By Application - Global Vinyl Plank Flooring Revenue & Forecasts
5.2.1 By Application - Global Vinyl Plank Flooring Revenue, 2017-2022
5.2.2 By Application - Global Vinyl Plank Flooring Revenue, 2023-2028
5.2.3 By Application - Global Vinyl Plank Flooring Revenue Market Share, 2017-2028
5.3 By Application - Global Vinyl Plank Flooring Sales & Forecasts
5.3.1 By Application - Global Vinyl Plank Flooring Sales, 2017-2022
5.3.2 By Application - Global Vinyl Plank Flooring Sales, 2023-2028
5.3.3 By Application - Global Vinyl Plank Flooring Sales Market Share, 2017-2028
5.4 By Application - Global Vinyl Plank Flooring Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Vinyl Plank Flooring Market Size, 2021 & 2028
6.2 By Region - Global Vinyl Plank Flooring Revenue & Forecasts
6.2.1 By Region - Global Vinyl Plank Flooring Revenue, 2017-2022
6.2.2 By Region - Global Vinyl Plank Flooring Revenue, 2023-2028
6.2.3 By Region - Global Vinyl Plank Flooring Revenue Market Share, 2017-2028
6.3 By Region - Global Vinyl Plank Flooring Sales & Forecasts
6.3.1 By Region - Global Vinyl Plank Flooring Sales, 2017-2022
6.3.2 By Region - Global Vinyl Plank Flooring Sales, 2023-2028
6.3.3 By Region - Global Vinyl Plank Flooring Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Vinyl Plank Flooring Revenue, 2017-2028
6.4.2 By Country - North America Vinyl Plank Flooring Sales, 2017-2028
6.4.3 US Vinyl Plank Flooring Market Size, 2017-2028
6.4.4 Canada Vinyl Plank Flooring Market Size, 2017-2028
6.4.5 Mexico Vinyl Plank Flooring Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Vinyl Plank Flooring Revenue, 2017-2028
6.5.2 By Country - Europe Vinyl Plank Flooring Sales, 2017-2028
6.5.3 Germany Vinyl Plank Flooring Market Size, 2017-2028
6.5.4 France Vinyl Plank Flooring Market Size, 2017-2028
6.5.5 U.K. Vinyl Plank Flooring Market Size, 2017-2028
6.5.6 Italy Vinyl Plank Flooring Market Size, 2017-2028
6.5.7 Russia Vinyl Plank Flooring Market Size, 2017-2028
6.5.8 Nordic Countries Vinyl Plank Flooring Market Size, 2017-2028
6.5.9 Benelux Vinyl Plank Flooring Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Vinyl Plank Flooring Revenue, 2017-2028
6.6.2 By Region - Asia Vinyl Plank Flooring Sales, 2017-2028
6.6.3 China Vinyl Plank Flooring Market Size, 2017-2028
6.6.4 Japan Vinyl Plank Flooring Market Size, 2017-2028
6.6.5 South Korea Vinyl Plank Flooring Market Size, 2017-2028
6.6.6 Southeast Asia Vinyl Plank Flooring Market Size, 2017-2028
6.6.7 India Vinyl Plank Flooring Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Vinyl Plank Flooring Revenue, 2017-2028
6.7.2 By Country - South America Vinyl Plank Flooring Sales, 2017-2028
6.7.3 Brazil Vinyl Plank Flooring Market Size, 2017-2028
6.7.4 Argentina Vinyl Plank Flooring Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Vinyl Plank Flooring Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Vinyl Plank Flooring Sales, 2017-2028
6.8.3 Turkey Vinyl Plank Flooring Market Size, 2017-2028
6.8.4 Israel Vinyl Plank Flooring Market Size, 2017-2028
6.8.5 Saudi Arabia Vinyl Plank Flooring Market Size, 2017-2028
6.8.6 UAE Vinyl Plank Flooring Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 CFL Flooring
7.1.1 CFL Flooring Corporate Summary
7.1.2 CFL Flooring Business Overview
7.1.3 CFL Flooring Vinyl Plank Flooring Major Product Offerings
7.1.4 CFL Flooring Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.1.5 CFL Flooring Key News
7.2 Taizhou Huali New Materials
7.2.1 Taizhou Huali New Materials Corporate Summary
7.2.2 Taizhou Huali New Materials Business Overview
7.2.3 Taizhou Huali New Materials Vinyl Plank Flooring Major Product Offerings
7.2.4 Taizhou Huali New Materials Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.2.5 Taizhou Huali New Materials Key News
7.3 Tianzhen Bamboo Flooring
7.3.1 Tianzhen Bamboo Flooring Corporate Summary
7.3.2 Tianzhen Bamboo Flooring Business Overview
7.3.3 Tianzhen Bamboo Flooring Vinyl Plank Flooring Major Product Offerings
7.3.4 Tianzhen Bamboo Flooring Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.3.5 Tianzhen Bamboo Flooring Key News
7.4 NOX Corporation
7.4.1 NOX Corporation Corporate Summary
7.4.2 NOX Corporation Business Overview
7.4.3 NOX Corporation Vinyl Plank Flooring Major Product Offerings
7.4.4 NOX Corporation Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.4.5 NOX Corporation Key News
7.5 Zhejiang Walrus New Material
7.5.1 Zhejiang Walrus New Material Corporate Summary
7.5.2 Zhejiang Walrus New Material Business Overview
7.5.3 Zhejiang Walrus New Material Vinyl Plank Flooring Major Product Offerings
7.5.4 Zhejiang Walrus New Material Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.5.5 Zhejiang Walrus New Material Key News
7.6 Tarkett
7.6.1 Tarkett Corporate Summary
7.6.2 Tarkett Business Overview
7.6.3 Tarkett Vinyl Plank Flooring Major Product Offerings
7.6.4 Tarkett Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.6.5 Tarkett Key News
7.7 Zhangjiagang Yihua Rundong
7.7.1 Zhangjiagang Yihua Rundong Corporate Summary
7.7.2 Zhangjiagang Yihua Rundong Business Overview
7.7.3 Zhangjiagang Yihua Rundong Vinyl Plank Flooring Major Product Offerings
7.7.4 Zhangjiagang Yihua Rundong Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.7.5 Zhangjiagang Yihua Rundong Key News
7.8 Zhejiang Kingdom
7.8.1 Zhejiang Kingdom Corporate Summary
7.8.2 Zhejiang Kingdom Business Overview
7.8.3 Zhejiang Kingdom Vinyl Plank Flooring Major Product Offerings
7.8.4 Zhejiang Kingdom Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.8.5 Zhejiang Kingdom Key News
7.9 Mohawk
7.9.1 Mohawk Corporate Summary
7.9.2 Mohawk Business Overview
7.9.3 Mohawk Vinyl Plank Flooring Major Product Offerings
7.9.4 Mohawk Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.9.5 Mohawk Key News
7.10 Jinka Flooring
7.10.1 Jinka Flooring Corporate Summary
7.10.2 Jinka Flooring Business Overview
7.10.3 Jinka Flooring Vinyl Plank Flooring Major Product Offerings
7.10.4 Jinka Flooring Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.10.5 Jinka Flooring Key News
7.11 Novalis
7.11.1 Novalis Corporate Summary
7.11.2 Novalis Vinyl Plank Flooring Business Overview
7.11.3 Novalis Vinyl Plank Flooring Major Product Offerings
7.11.4 Novalis Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.11.5 Novalis Key News
7.12 Zhangjiagang Elegant Plastics
7.12.1 Zhangjiagang Elegant Plastics Corporate Summary
7.12.2 Zhangjiagang Elegant Plastics Vinyl Plank Flooring Business Overview
7.12.3 Zhangjiagang Elegant Plastics Vinyl Plank Flooring Major Product Offerings
7.12.4 Zhangjiagang Elegant Plastics Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.12.5 Zhangjiagang Elegant Plastics Key News
7.13 Zhejiang GIMIG Technology
7.13.1 Zhejiang GIMIG Technology Corporate Summary
7.13.2 Zhejiang GIMIG Technology Vinyl Plank Flooring Business Overview
7.13.3 Zhejiang GIMIG Technology Vinyl Plank Flooring Major Product Offerings
7.13.4 Zhejiang GIMIG Technology Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.13.5 Zhejiang GIMIG Technology Key News
7.14 Dongshin Polymer
7.14.1 Dongshin Polymer Corporate Summary
7.14.2 Dongshin Polymer Business Overview
7.14.3 Dongshin Polymer Vinyl Plank Flooring Major Product Offerings
7.14.4 Dongshin Polymer Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.14.5 Dongshin Polymer Key News
7.15 Armstrong
7.15.1 Armstrong Corporate Summary
7.15.2 Armstrong Business Overview
7.15.3 Armstrong Vinyl Plank Flooring Major Product Offerings
7.15.4 Armstrong Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.15.5 Armstrong Key News
7.16 Mannington Mills
7.16.1 Mannington Mills Corporate Summary
7.16.2 Mannington Mills Business Overview
7.16.3 Mannington Mills Vinyl Plank Flooring Major Product Offerings
7.16.4 Mannington Mills Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.16.5 Mannington Mills Key News
7.17 LG Hausys
7.17.1 LG Hausys Corporate Summary
7.17.2 LG Hausys Business Overview
7.17.3 LG Hausys Vinyl Plank Flooring Major Product Offerings
7.17.4 LG Hausys Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.17.5 LG Hausys Key News
7.18 Metroflor
7.18.1 Metroflor Corporate Summary
7.18.2 Metroflor Business Overview
7.18.3 Metroflor Vinyl Plank Flooring Major Product Offerings
7.18.4 Metroflor Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.18.5 Metroflor Key News
7.19 Shaw Floors
7.19.1 Shaw Floors Corporate Summary
7.19.2 Shaw Floors Business Overview
7.19.3 Shaw Floors Vinyl Plank Flooring Major Product Offerings
7.19.4 Shaw Floors Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.19.5 Shaw Floors Key News
7.20 Gerflor
7.20.1 Gerflor Corporate Summary
7.20.2 Gerflor Business Overview
7.20.3 Gerflor Vinyl Plank Flooring Major Product Offerings
7.20.4 Gerflor Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.20.5 Gerflor Key News
7.21 Forbo
7.21.1 Forbo Corporate Summary
7.21.2 Forbo Business Overview
7.21.3 Forbo Vinyl Plank Flooring Major Product Offerings
7.21.4 Forbo Vinyl Plank Flooring Sales and Revenue in Global (2017-2022)
7.21.5 Forbo Key News
8 Global Vinyl Plank Flooring Production Capacity, Analysis
8.1 Global Vinyl Plank Flooring Production Capacity, 2017-2028
8.2 Vinyl Plank Flooring Production Capacity of Key Manufacturers in Global Market
8.3 Global Vinyl Plank Flooring Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Vinyl Plank Flooring Supply Chain Analysis
10.1 Vinyl Plank Flooring Industry Value Chain
10.2 Vinyl Plank Flooring Upstream Market
10.3 Vinyl Plank Flooring Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Vinyl Plank Flooring Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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