APO RESEARCH · REPORT
Luxury Vinyl Tile (LVT)
LVT is an acronym for "luxury vinyl tile." It is a marketing term used by numerous companies to describe their vinyl flooring that is decoratively patterned to emulate the look of natural wood, granite or other types of flooring. There is no exact definition of the term, only generalities. It is not actually a separate category of tiling, simply a way of describing standard vinyl tiling that has been designed to match natural flooring.
Product & engineering
Understand the product.
LVT is an acronym for "luxury vinyl tile." It is a marketing term used by numerous companies to describe their vinyl flooring that is decoratively patterned to emulate the look of natural wood, granite or other types of flooring. There is no exact definition of the term, only generalities. It is not actually a separate category of tiling, simply a way of describing standard vinyl tiling that has been designed to match natural flooring.
Selected research
Industry Growth & Trends
Global Luxury Vinyl Tile (LVT) Industry Growth and Trends Forecast to 2032
Market perspective
LVT is an acronym for "luxury vinyl tile." It is a marketing term used by numerous companies to describe their vinyl flooring that is decoratively patterned to emulate the look of natural wood, granite or other types of flooring. There is no exact definition of the term, only generalities. It is not actually a separate category of tiling, simply a way of describing standard vinyl tiling that has been designed to match natural flooring.
Luxury Vinyl Tile (LVT) downstream is wide and the main application fields are residential and commercial use. Globally, residential use accounts for nearly 66.95% of total downstream consumption volume of Luxury Vinyl Tile (LVT) in global in 2019. According to the type, it can be divided into Loose-lay LVT, Dry-back LVT, SPC, WPC, etc. Dry-back LVT is the main product, capturing about 55.55% of global consumption of Luxury Vinyl Tile (LVT) in 2019. Today’s industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.
Report Scope
Read the full market overview
This report provides a structured, data-driven view of the global Luxury Vinyl Tile (LVT) market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Luxury Vinyl Tile (LVT) market size, estimates, and forecasts are presented in terms of sales volume (K Sq.m.) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Luxury Vinyl Tile (LVT) market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant toLuxury Vinyl Tile (LVT).
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Luxury Vinyl Tile (LVT) market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Luxury Vinyl Tile (LVT) Market by Company
Tarkett
Armstrong
Mohawk
Mannington Mills
Congoleum
Gerflor
Forbo
Shaw Floors
Metroflor
Karndean
Beaulieu
LG Hausys
Milliken
NOX Corporation
Novalis
Polyflor
Luxury Vinyl Tile (LVT) Segment by Type
Loose-lay LVT
Dry-back LVT
SPC
WPC
Others
Luxury Vinyl Tile (LVT) Segment by Application
Commercial Use
Residential Use
Luxury Vinyl Tile (LVT) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Luxury Vinyl Tile (LVT) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Luxury Vinyl Tile (LVT) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Luxury Vinyl Tile (LVT).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Luxury Vinyl Tile (LVT) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Luxury Vinyl Tile (LVT) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Loose-lay LVT
- Dry-back LVT
- SPC
- WPC
- Others
Applications
- Commercial Use
- Residential Use
Companies covered
- Tarkett
- Armstrong
- Mohawk
- Mannington Mills
- Congoleum
- Gerflor
- Forbo
- Shaw Floors
- Metroflor
- Karndean
- Beaulieu
- LG Hausys
- Milliken
- NOX Corporation
- Novalis
- Polyflor
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Luxury Vinyl Tile (LVT) Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Luxury Vinyl Tile (LVT) Sales Estimates and Forecasts (2021-2032)
- 1.3 Luxury Vinyl Tile (LVT) Market by Type
- 1.3.1 Loose-lay LVT
- 1.3.2 Dry-back LVT
- 1.3.3 SPC
- 1.3.4 WPC
- 1.3.5 Others
- 1.4 Global Luxury Vinyl Tile (LVT) Market Size by Type
- 1.4.1 Global Luxury Vinyl Tile (LVT) Market Size Overview by Type (2021-2032)
- 1.4.2 Global Luxury Vinyl Tile (LVT) Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Luxury Vinyl Tile (LVT) Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Luxury Vinyl Tile (LVT) Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Luxury Vinyl Tile (LVT) Industry Trends
- 2.2 Luxury Vinyl Tile (LVT) Industry Drivers
- 2.3 Luxury Vinyl Tile (LVT) Industry Opportunities and Challenges
- 2.4 Luxury Vinyl Tile (LVT) Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Luxury Vinyl Tile (LVT) Revenue (2021-2026)
- 3.2 Global Top Players by Luxury Vinyl Tile (LVT) Sales (2021-2026)
- 3.3 Global Top Players by Luxury Vinyl Tile (LVT) Price (2021-2026)
- 3.4 Global Luxury Vinyl Tile (LVT) Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Luxury Vinyl Tile (LVT) Major Company Production Sites & Headquarters
- 3.6 Global Luxury Vinyl Tile (LVT) Company, Product Type & Application
- 3.7 Global Luxury Vinyl Tile (LVT) Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Luxury Vinyl Tile (LVT) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Luxury Vinyl Tile (LVT) Players Market Share by Revenue in 2025
- 3.8.3 2025 Luxury Vinyl Tile (LVT) Tier 1, Tier 2, and Tier 3
4 Luxury Vinyl Tile (LVT) Regional Status and Outlook
- 4.1 Global Luxury Vinyl Tile (LVT) Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Luxury Vinyl Tile (LVT) Historic Market Size by Region
- 4.2.1 Global Luxury Vinyl Tile (LVT) Sales in Volume by Region (2021-2026)
- 4.2.2 Global Luxury Vinyl Tile (LVT) Sales in Value by Region (2021-2026)
- 4.2.3 Global Luxury Vinyl Tile (LVT) Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Luxury Vinyl Tile (LVT) Forecasted Market Size by Region
- 4.3.1 Global Luxury Vinyl Tile (LVT) Sales in Volume by Region (2027-2032)
- 4.3.2 Global Luxury Vinyl Tile (LVT) Sales in Value by Region (2027-2032)
- 4.3.3 Global Luxury Vinyl Tile (LVT) Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Luxury Vinyl Tile (LVT) by Application
- 5.1 Luxury Vinyl Tile (LVT) Market by Application
- 5.1.1 Commercial Use
- 5.1.2 Residential Use
- 5.2 Global Luxury Vinyl Tile (LVT) Market Size by Application
- 5.2.1 Global Luxury Vinyl Tile (LVT) Market Size Overview by Application (2021-2032)
- 5.2.2 Global Luxury Vinyl Tile (LVT) Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Luxury Vinyl Tile (LVT) Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Luxury Vinyl Tile (LVT) Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Tarkett
- 6.1.1 Tarkett Company Information
- 6.1.2 Tarkett Business Overview
- 6.1.3 Tarkett Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Tarkett Luxury Vinyl Tile (LVT) Product Portfolio
- 6.1.5 Tarkett Recent Developments
- 6.2 Armstrong
- 6.2.1 Armstrong Company Information
- 6.2.2 Armstrong Business Overview
- 6.2.3 Armstrong Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Armstrong Luxury Vinyl Tile (LVT) Product Portfolio
- 6.2.5 Armstrong Recent Developments
- 6.3 Mohawk
- 6.3.1 Mohawk Company Information
- 6.3.2 Mohawk Business Overview
- 6.3.3 Mohawk Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Mohawk Luxury Vinyl Tile (LVT) Product Portfolio
- 6.3.5 Mohawk Recent Developments
- 6.4 Mannington Mills
- 6.4.1 Mannington Mills Company Information
- 6.4.2 Mannington Mills Business Overview
- 6.4.3 Mannington Mills Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Mannington Mills Luxury Vinyl Tile (LVT) Product Portfolio
- 6.4.5 Mannington Mills Recent Developments
- 6.5 Congoleum
- 6.5.1 Congoleum Company Information
- 6.5.2 Congoleum Business Overview
- 6.5.3 Congoleum Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Congoleum Luxury Vinyl Tile (LVT) Product Portfolio
- 6.5.5 Congoleum Recent Developments
- 6.6 Gerflor
- 6.6.1 Gerflor Company Information
- 6.6.2 Gerflor Business Overview
- 6.6.3 Gerflor Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Gerflor Luxury Vinyl Tile (LVT) Product Portfolio
- 6.6.5 Gerflor Recent Developments
- 6.7 Forbo
- 6.7.1 Forbo Company Information
- 6.7.2 Forbo Business Overview
- 6.7.3 Forbo Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Forbo Luxury Vinyl Tile (LVT) Product Portfolio
- 6.7.5 Forbo Recent Developments
- 6.8 Shaw Floors
- 6.8.1 Shaw Floors Company Information
- 6.8.2 Shaw Floors Business Overview
- 6.8.3 Shaw Floors Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Shaw Floors Luxury Vinyl Tile (LVT) Product Portfolio
- 6.8.5 Shaw Floors Recent Developments
- 6.9 Metroflor
- 6.9.1 Metroflor Company Information
- 6.9.2 Metroflor Business Overview
- 6.9.3 Metroflor Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Metroflor Luxury Vinyl Tile (LVT) Product Portfolio
- 6.9.5 Metroflor Recent Developments
- 6.10 Karndean
- 6.10.1 Karndean Company Information
- 6.10.2 Karndean Business Overview
- 6.10.3 Karndean Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Karndean Luxury Vinyl Tile (LVT) Product Portfolio
- 6.10.5 Karndean Recent Developments
- 6.11 Beaulieu
- 6.11.1 Beaulieu Company Information
- 6.11.2 Beaulieu Business Overview
- 6.11.3 Beaulieu Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Beaulieu Luxury Vinyl Tile (LVT) Product Portfolio
- 6.11.5 Beaulieu Recent Developments
- 6.12 LG Hausys
- 6.12.1 LG Hausys Company Information
- 6.12.2 LG Hausys Business Overview
- 6.12.3 LG Hausys Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 LG Hausys Luxury Vinyl Tile (LVT) Product Portfolio
- 6.12.5 LG Hausys Recent Developments
- 6.13 Milliken
- 6.13.1 Milliken Company Information
- 6.13.2 Milliken Business Overview
- 6.13.3 Milliken Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Milliken Luxury Vinyl Tile (LVT) Product Portfolio
- 6.13.5 Milliken Recent Developments
- 6.14 NOX Corporation
- 6.14.1 NOX Corporation Company Information
- 6.14.2 NOX Corporation Business Overview
- 6.14.3 NOX Corporation Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 NOX Corporation Luxury Vinyl Tile (LVT) Product Portfolio
- 6.14.5 NOX Corporation Recent Developments
- 6.15 Novalis
- 6.15.1 Novalis Company Information
- 6.15.2 Novalis Business Overview
- 6.15.3 Novalis Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Novalis Luxury Vinyl Tile (LVT) Product Portfolio
- 6.15.5 Novalis Recent Developments
- 6.16 Polyflor
- 6.16.1 Polyflor Company Information
- 6.16.2 Polyflor Business Overview
- 6.16.3 Polyflor Luxury Vinyl Tile (LVT) Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Polyflor Luxury Vinyl Tile (LVT) Product Portfolio
- 6.16.5 Polyflor Recent Developments
7 North America by Country
- 7.1 North America Luxury Vinyl Tile (LVT) Sales by Country
- 7.1.1 North America Luxury Vinyl Tile (LVT) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Luxury Vinyl Tile (LVT) Sales by Country (2021-2026)
- 7.1.3 North America Luxury Vinyl Tile (LVT) Sales Forecast by Country (2027-2032)
- 7.2 North America Luxury Vinyl Tile (LVT) Market Size by Country
- 7.2.1 North America Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Luxury Vinyl Tile (LVT) Market Size by Country (2021-2026)
- 7.2.3 North America Luxury Vinyl Tile (LVT) Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Luxury Vinyl Tile (LVT) Sales by Country
- 8.1.1 Europe Luxury Vinyl Tile (LVT) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Luxury Vinyl Tile (LVT) Sales by Country (2021-2026)
- 8.1.3 Europe Luxury Vinyl Tile (LVT) Sales Forecast by Country (2027-2032)
- 8.2 Europe Luxury Vinyl Tile (LVT) Market Size by Country
- 8.2.1 Europe Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Luxury Vinyl Tile (LVT) Market Size by Country (2021-2026)
- 8.2.3 Europe Luxury Vinyl Tile (LVT) Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Luxury Vinyl Tile (LVT) Sales by Country
- 9.1.1 Asia-Pacific Luxury Vinyl Tile (LVT) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Luxury Vinyl Tile (LVT) Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Luxury Vinyl Tile (LVT) Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Luxury Vinyl Tile (LVT) Market Size by Country
- 9.2.1 Asia-Pacific Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Luxury Vinyl Tile (LVT) Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Luxury Vinyl Tile (LVT) Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Luxury Vinyl Tile (LVT) Sales by Country
- 10.1.1 South America Luxury Vinyl Tile (LVT) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Luxury Vinyl Tile (LVT) Sales by Country (2021-2026)
- 10.1.3 South America Luxury Vinyl Tile (LVT) Sales Forecast by Country (2027-2032)
- 10.2 South America Luxury Vinyl Tile (LVT) Market Size by Country
- 10.2.1 South America Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Luxury Vinyl Tile (LVT) Market Size by Country (2021-2026)
- 10.2.3 South America Luxury Vinyl Tile (LVT) Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Luxury Vinyl Tile (LVT) Sales by Country
- 11.1.1 Middle East and Africa Luxury Vinyl Tile (LVT) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Luxury Vinyl Tile (LVT) Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Luxury Vinyl Tile (LVT) Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Luxury Vinyl Tile (LVT) Market Size by Country
- 11.2.1 Middle East and Africa Luxury Vinyl Tile (LVT) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Luxury Vinyl Tile (LVT) Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Luxury Vinyl Tile (LVT) Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Luxury Vinyl Tile (LVT) Value Chain Analysis
- 12.1.1 Luxury Vinyl Tile (LVT) Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Luxury Vinyl Tile (LVT) Production Mode & Process
- 12.2 Luxury Vinyl Tile (LVT) Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Luxury Vinyl Tile (LVT) Distributors
- 12.2.3 Luxury Vinyl Tile (LVT) Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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