APO RESEARCH · REPORT
LVT Flooring
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
Market Structure
Global LVT Flooring Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
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.
Global LVT Flooring key players include Tarkett, Armstrong, Mohawk, etc. Global top three manufacturers hold a share about 30%.
European Union is the largest market, with a share about 45%, followed by USA and China, both have a share over 40 percent.
Read the full market overview
In terms of product, Flexible Luxury Vinyl Tile (LVT) is the largest segment, with a share about 70%. And in terms of application, the largest application is Residential Use, followed by Commercial Use.
This report provides an overview of the global LVT Flooring market in terms of sales, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of LVT Flooring and sales in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents LVT Flooring sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by Type and Application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the LVT Flooring market size, projected growth trends, production technologies, key applications, and end-use industries.
LVT Flooring Segment by Company
Tarkett
Armstrong
Mannington Mills
Mohawk
Congoleum
Gerflor
Forbo
Novalis
LG Hausys
Karndean
Shaw Floors
CFL Flooring
Beaulieu
NOX Corporation
Metroflor
Milliken
Polyflor
Snmo LVT
LVT Flooring Segment by Type
Flexible LVT Flooring
Rigid LVT Flooring
LVT Flooring Segment by Application
Commercial Use
Residential Use
LVT Flooring 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
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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 LVT Flooring 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 LVT Flooring 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 LVT Flooring.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the LVT Flooring market, including product definition, global market growth prospects, market size, sales, and average price forecasts (2021-2032).
Chapter 2: Provides 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 LVT Flooring manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LVT Flooring in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Revenue of LVT Flooring in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report
More report detail
Tables and figures
Scope & coverage.
Types
- Flexible LVT Flooring
- Rigid LVT Flooring
Applications
- Commercial Use
- Residential Use
Companies covered
- Tarkett
- Armstrong
- Mannington Mills
- Mohawk
- Congoleum
- Gerflor
- Forbo
- Novalis
- LG Hausys
- Karndean
- Shaw Floors
- CFL Flooring
- Beaulieu
- NOX Corporation
- Metroflor
- Milliken
- Polyflor
- Snmo LVT
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global LVT Flooring Market Size, 2021 VS 2025 VS 2032
- 1.3 Global LVT Flooring Market Size Estimates and Forecasts (2021-2032)
- 1.4 Global LVT Flooring Sales Estimates and Forecasts (2021-2032)
- 1.5 Global LVT Flooring Market Average Price (2021-2032)
- 1.6 Assumptions and Limitations
- 1.7 Study Goals and Objectives
2 Global LVT Flooring Market Dynamics
- 2.1 LVT Flooring Industry Trends
- 2.2 LVT Flooring Industry Drivers
- 2.3 LVT Flooring Industry Opportunities and Challenges
- 2.4 LVT Flooring Industry Restraints
3 LVT Flooring Market by Manufacturers
- 3.1 Global LVT Flooring Revenue by Manufacturers (2021-2026)
- 3.2 Global LVT Flooring Sales by Manufacturers (2021-2026)
- 3.3 Global LVT Flooring Average Sales Price by Manufacturers (2021-2026)
- 3.4 Global LVT Flooring Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global LVT Flooring Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global LVT Flooring Manufacturers, Product Type & Application
- 3.7 Global LVT Flooring Manufacturers Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global LVT Flooring Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 LVT Flooring Players Market Share by Revenue in 2025
- 3.8.3 2025 LVT Flooring Tier 1, Tier 2, and Tier 3
4 LVT Flooring Market by Type
- 4.1 LVT Flooring Type Introduction
- 4.1.1 Flexible LVT Flooring
- 4.1.2 Rigid LVT Flooring
- 4.2 Global LVT Flooring Sales by Type
- 4.2.1 Global LVT Flooring Sales by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global LVT Flooring Sales by Type (2021-2032)
- 4.2.3 Global LVT Flooring Sales Market Share by Type (2021-2032)
- 4.3 Global LVT Flooring Revenue by Type
- 4.3.1 Global LVT Flooring Revenue by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global LVT Flooring Revenue by Type (2021-2032)
- 4.3.3 Global LVT Flooring Revenue Market Share by Type (2021-2032)
5 LVT Flooring Market by Application
- 5.1 LVT Flooring Application Introduction
- 5.1.1 Commercial Use
- 5.1.2 Residential Use
- 5.2 Global LVT Flooring Sales by Application
- 5.2.1 Global LVT Flooring Sales by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global LVT Flooring Sales by Application (2021-2032)
- 5.2.3 Global LVT Flooring Sales Market Share by Application (2021-2032)
- 5.3 Global LVT Flooring Revenue by Application
- 5.3.1 Global LVT Flooring Revenue by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global LVT Flooring Revenue by Application (2021-2032)
- 5.3.3 Global LVT Flooring Revenue Market Share by Application (2021-2032)
6 Global LVT Flooring Sales by Region
- 6.1 Global LVT Flooring Sales by Region: 2021 VS 2025 VS 2032
- 6.2 Global LVT Flooring Sales by Region (2021-2032)
- 6.2.1 Global LVT Flooring Sales by Region (2021-2026)
- 6.2.2 Global LVT Flooring Sales Forecasted by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America LVT Flooring Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America LVT Flooring Sales by Country (2021-2032)
- 6.3.3 U.S.
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe LVT Flooring Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe LVT Flooring Sales by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Netherlands
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific LVT Flooring Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific LVT Flooring Sales by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 Southeast Asia
- 6.5.7 India
- 6.5.8 Australia
- 6.6 South America, Middle East and Africa
- 6.6.1 South America, Middle East and Africa LVT Flooring Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East and Africa LVT Flooring Sales by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 South Africa
- 6.6.5 Saudi Arabia
- 6.6.6 Turkey
- 6.6.6 Argentina
- 6.6.6 UAE
- 6.6.6 Egypt
- 6.6.6 Chile
7 Global LVT Flooring Revenue by Region
- 7.1 Global LVT Flooring Revenue by Region
- 7.1.1 Global LVT Flooring Revenue by Region: 2021 VS 2025 VS 2032
- 7.1.2 Global LVT Flooring Revenue by Region (2021-2026)
- 7.1.3 Global LVT Flooring Revenue by Region (2027-2032)
- 7.1.4 Global LVT Flooring Revenue Market Share by Region (2021-2032)
- 7.2 North America
- 7.2.1 North America LVT Flooring Revenue (2021-2032)
- 7.2.2 North America LVT Flooring Revenue Share by Country: 2021 VS 2025 VS 2032
- 7.3 Europe
- 7.3.1 Europe LVT Flooring Revenue (2021-2032)
- 7.3.2 Europe LVT Flooring Revenue Share by Country: 2021 VS 2025 VS 2032
- 7.4 Asia-Pacific
- 7.4.1 Asia-Pacific LVT Flooring Revenue (2021-2032)
- 7.4.2 Asia-Pacific LVT Flooring Revenue Share by Country: 2021 VS 2025 VS 2032
- 7.5 South America, Middle East and Africa
- 7.5.1 South America, Middle East and Africa LVT Flooring Revenue (2021-2032)
- 7.5.2 South America, Middle East and Africa LVT Flooring Revenue Share by Country: 2021 VS 2025 VS 2032
8 Company Profiles
- 8.1 Tarkett
- 8.1.1 Tarkett Company Information
- 8.1.2 Tarkett Business Overview
- 8.1.3 Tarkett LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.1.4 Tarkett LVT Flooring Product Portfolio
- 8.1.5 Tarkett Recent Developments
- 8.2 Armstrong
- 8.2.1 Armstrong Company Information
- 8.2.2 Armstrong Business Overview
- 8.2.3 Armstrong LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.2.4 Armstrong LVT Flooring Product Portfolio
- 8.2.5 Armstrong Recent Developments
- 8.3 Mannington Mills
- 8.3.1 Mannington Mills Company Information
- 8.3.2 Mannington Mills Business Overview
- 8.3.3 Mannington Mills LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.3.4 Mannington Mills LVT Flooring Product Portfolio
- 8.3.5 Mannington Mills Recent Developments
- 8.4 Mohawk
- 8.4.1 Mohawk Company Information
- 8.4.2 Mohawk Business Overview
- 8.4.3 Mohawk LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.4.4 Mohawk LVT Flooring Product Portfolio
- 8.4.5 Mohawk Recent Developments
- 8.5 Congoleum
- 8.5.1 Congoleum Company Information
- 8.5.2 Congoleum Business Overview
- 8.5.3 Congoleum LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.5.4 Congoleum LVT Flooring Product Portfolio
- 8.5.5 Congoleum Recent Developments
- 8.6 Gerflor
- 8.6.1 Gerflor Company Information
- 8.6.2 Gerflor Business Overview
- 8.6.3 Gerflor LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.6.4 Gerflor LVT Flooring Product Portfolio
- 8.6.5 Gerflor Recent Developments
- 8.7 Forbo
- 8.7.1 Forbo Company Information
- 8.7.2 Forbo Business Overview
- 8.7.3 Forbo LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.7.4 Forbo LVT Flooring Product Portfolio
- 8.7.5 Forbo Recent Developments
- 8.8 Novalis
- 8.8.1 Novalis Company Information
- 8.8.2 Novalis Business Overview
- 8.8.3 Novalis LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.8.4 Novalis LVT Flooring Product Portfolio
- 8.8.5 Novalis Recent Developments
- 8.9 LG Hausys
- 8.9.1 LG Hausys Company Information
- 8.9.2 LG Hausys Business Overview
- 8.9.3 LG Hausys LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.9.4 LG Hausys LVT Flooring Product Portfolio
- 8.9.5 LG Hausys Recent Developments
- 8.10 Karndean
- 8.10.1 Karndean Company Information
- 8.10.2 Karndean Business Overview
- 8.10.3 Karndean LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.10.4 Karndean LVT Flooring Product Portfolio
- 8.10.5 Karndean Recent Developments
- 8.11 Shaw Floors
- 8.11.1 Shaw Floors Company Information
- 8.11.2 Shaw Floors Business Overview
- 8.11.3 Shaw Floors LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.11.4 Shaw Floors LVT Flooring Product Portfolio
- 8.11.5 Shaw Floors Recent Developments
- 8.12 CFL Flooring
- 8.12.1 CFL Flooring Company Information
- 8.12.2 CFL Flooring Business Overview
- 8.12.3 CFL Flooring LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.12.4 CFL Flooring LVT Flooring Product Portfolio
- 8.12.5 CFL Flooring Recent Developments
- 8.13 Beaulieu
- 8.13.1 Beaulieu Company Information
- 8.13.2 Beaulieu Business Overview
- 8.13.3 Beaulieu LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.13.4 Beaulieu LVT Flooring Product Portfolio
- 8.13.5 Beaulieu Recent Developments
- 8.14 NOX Corporation
- 8.14.1 NOX Corporation Company Information
- 8.14.2 NOX Corporation Business Overview
- 8.14.3 NOX Corporation LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.14.4 NOX Corporation LVT Flooring Product Portfolio
- 8.14.5 NOX Corporation Recent Developments
- 8.15 Metroflor
- 8.15.1 Metroflor Company Information
- 8.15.2 Metroflor Business Overview
- 8.15.3 Metroflor LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.15.4 Metroflor LVT Flooring Product Portfolio
- 8.15.5 Metroflor Recent Developments
- 8.16 Milliken
- 8.16.1 Milliken Company Information
- 8.16.2 Milliken Business Overview
- 8.16.3 Milliken LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.16.4 Milliken LVT Flooring Product Portfolio
- 8.16.5 Milliken Recent Developments
- 8.17 Polyflor
- 8.17.1 Polyflor Company Information
- 8.17.2 Polyflor Business Overview
- 8.17.3 Polyflor LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.17.4 Polyflor LVT Flooring Product Portfolio
- 8.17.5 Polyflor Recent Developments
- 8.18 Snmo LVT
- 8.18.1 Snmo LVT Company Information
- 8.18.2 Snmo LVT Business Overview
- 8.18.3 Snmo LVT LVT Flooring Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.18.4 Snmo LVT LVT Flooring Product Portfolio
- 8.18.5 Snmo LVT Recent Developments
9 Value Chain and Sales Channels Analysis
- 9.1 LVT Flooring Value Chain Analysis
- 9.1.1 LVT Flooring Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 LVT Flooring Production Mode & Process
- 9.2 LVT Flooring Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 LVT Flooring Distributors
- 9.2.3 LVT Flooring Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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