The vinyl flooring market will register a CAGR of over 5% by way of 2022.
The introduction of augmented truth in floors enterprise to help the market develop for the duration of the forecast length. With the creation of AR ground visualizer applications in the flooring enterprise, consumers can regulate the design of rooms or houses without the need to view samples physically.
Low fee and easy maintenance
LVT is payment effective via nearly three times the cost of hardwood flooring. To preserve hardwood assets, one must spend a significant quantity in treating and refinishing the material. Thus, business and residential builders decide upon LVT over different hardwood floors.
Shortage of professional labor
The vinyl flooring marketplace is dealing with a severe shortage of labor. Due to the lack of energies the producers are forced to turn down the tasks and are paying greater to preserve the existing hard workforce.
For the unique list of things with a purpose to pressure and challenge the growth of the vinyl flooring marketplace all through the 2018-2022, view the record.
The market seems to be fragmented, and with the presence of numerous corporations including Mohawk Industries and Tarkett, the aggressive surroundings are quite extreme. Factors such as the appearance of augmented reality in the flooring industry and the low value and smooth renovation will provide good sized boom possibilities to vinyl flooring manufactures.
Armstrong Flooring, Berkshire Hathaway, Interface, Mohawk Industries, and Tarkett are some of the principal organizations blanketed on this document.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market segmentation analysis
PART 05: MARKET SIZING
Market sizing 2017
The market length and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining energy of customers
Bargaining electricity of suppliers
The threat of new entrants
Threat of substitutes
Risk of rivalry
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
Segmentation by using give up-consumer
Comparison through cease-consumer
Residential – Market length and forecast 2017-2022
Commercial – Market size and forecast 2017-2022
Market possibility via cease-consumer
PART 09: REGIONAL LANDSCAPE
Americas – Market size and forecast 2017-2022
EMEA – Market length and forecast 2017-2022
APAC – Market size and forecast 2017-2022
Key main international locations
PART 10: DECISION FRAMEWORK
PART eleven: DRIVERS AND CHALLENGES
Market demanding situations
PART 12: MARKET TRENDS
Innovative LVT services
Vinyl planks making a return
Augmented Reality (AR) in the flooring industry
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
Market positioning of vendors