Vinyl Tile flooring for commercial purpose is the best choice of flooring that provides the grace, beauty and comfort by various features.
056-600-9626
https://vinylflooring.ae/commercial-vinyl-tile/
Global luxury vinyl tile market is expected to witness 10.0% CAGR during the forecast period, it is expected to be valued at USD 32.0 billion by the end of the forecast period.The Global Luxury Vinyl Tile Market is expected to witness sustainable growth during the forecast period owing to the growing construction industry and the rising standard of living of consumers.
Rising consumer demand for luxury vinyl tiles from emerging economies is an opportunity for the market players.Key PlayersThe prominent players in the global luxury vinyl tiles market are Interface, Inc. (US), Tarkett (France), Gerflor (France), Shaw Industries Group, Inc., (US), Mannington Mills, Inc. (US), Armstrong Flooring, Inc. (US), James Halstead plc (UK), Mohawk Industries (US), and Forbo Group (Switzerland).Vinylasa (Mexico), The Dixie Group, Inc. (US), Adore Floors, Inc. (US), American Biltrite (Canada) Ltd. (Canada), Milliken & Company (US), and Responsive Industries Limited (India) are some other key players operating in the global luxury vinyl tiles market.Request Free Sample Copy With TOC @ https://www.marketresearchfuture.com/sample_request/8263Asia-Pacific to dominate the global luxury vinyl tiles market during the forecast periodOn the basis of region, the global luxury vinyl tiles market is segmented as North America, Asia-Pacific, Europe, and the rest of the world.
Asia-Pacific dominated the global market, followed by North America, primarily due to the growth in construction industry, mainly in China and India.
The increasing real estate investment and growing number of Special Economic Zones (SEZ) in developing countries, mainly in India, are the other major factors driving the market growth in Asia-PacificNorth America has witnessed significant growth in the construction industry, owing to the increased home improvement and renovation projects in the region.
Moreover, the US is home for the key companies operating in the market such as Mohawk Industries, Shaw Industries Group, Inc., Interface, Inc., Armstrong Flooring, Inc., and Mannington Mills, Inc.The flexible segment is set to occupy a large share of the global luxury vinyl tiles marketThe global market is segmented on the basis of type as flexible and rigid.
Scope of the ReportThis study provides an overview of the global luxury vinyl tiles market, tracking two market segments across four geographic regions.