Vinyl Flooring Market Size 2020 | Top Manufactures Overview, Specification Forecast 2027

Vinyl Flooring Market Size – USD 29.66 Billion in 2019, Market Growth - CAGR of 6.6%, Market Trends – The rise in the trend of customer's high standard lifestyle.
By: Reports And Data
NEW CITY, N.Y. - Aug. 6, 2020 - PRLog -- The Vinyl Flooring market is projected to reach USD 49.79 Billion by 2027. Rising demand is anticipated by factors such as High strength, excellent water resistance, and the lightweight properties offered by the product are expected to drive its demand over the forecast period in residential and commercial construction projects. These products are commercially available in several colors, textures, and design patterns and have attracted the attention of consumers for the past couple of years. In addition, the product is gaining recognition among middle-class consumers due to its visual resemblance to products made from concrete, natural stone, and wood flooring and significantly low cost. Luxury Vinyl Tiles is projected to witness a remarkable rate of growth due to the product's affordability, low maintenance, excellent water resistance, and easy to clean properties.

Key participants include Armstrong World Industries Inc., Mannington Mills Inc., Forbo, Boral Limited, Brumark Corporation, Mohawk Industries, Inc., Beaulieu International Group, Tarkett, Shaw Industries Group, Gerflor Group Inc., Interface, among others.

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John Watson
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