According to the latest report by IMARC Group, titled “North America Vinyl Flooring Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the north america vinyl flooring market reached a volume of 324.4 Million Sq. Meters in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.4% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Vinyl flooring, also known as resilient flooring, refers to a construction material made by combining natural and synthetic polymer materials. The flooring is placed in repeating structural units and offers resistance against water and stains. Vinyl flooring provides various benefits over conventional flooring materials, including cost-effectiveness, higher durability, flexible handling, etc. As a result, it is commonly installed across hospitals, schools, offices, houses, etc.
The expanding construction sector and the rising number of modern housing projects are primarily driving the North America vinyl flooring market. Moreover, the increasing availability of advanced print and textural techniques is also propelling the market growth. In addition to this, numerous key manufacturers are focusing on simplifying the installation and maintenance process, which is further catalyzing the product demand. Besides this, elevating technological advancements in the manufacturing process of vinyl flooring are also bolstering the growth of the North America market. Additionally, the inflating disposable income levels and improving living standards of the consumer are further escalating the demand for high-end and aesthetically-appealing flooring products. This, in turn, is projected to cater to the growth of the North America vinyl flooring market in the coming years.
North America Vinyl Flooring Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the north america vinyl flooring market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the north america vinyl flooring market on the basis of product type, sector and country.
Breakup by Product Type:
- Vinyl Sheet
- Luxury Vinyl Tile (LVT)
- Vinyl Composition Tile (VCT)
Breakup by Sector:
- Residential
- Commercial
Breakup by Country:
- United States
- Canada
- Mexico
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/north-america-vinyl-flooring-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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