Vinyl Flooring Market: Global Industry Analysis and Opportunity Assessment 2015-2025 by Future Market Insights

Global Vinyl Flooring
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
Future Market Insights
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Report
Description
Report Description
Vinyl, a synthetic material, made from chlorine and ethylene is mostly used in
construction activities especially in flooring. Vinyl flooring is a type of robust flooring
which is more and easy to maintain durable. Vinyl flooring are manufactured in many
parts of the world and is the most popular item these days. Scratch free, easy to maintain
and wear resistant are some of the major advantages vinyl flooring over other floorings
that are keeping it at a competitive edge. Also vinyl flooring has its availability in several
colours, designs, and patterns which has made it more striking and tempting.
Growing consumer attention in decorating their houses. Increasing preferences towards
environment friendly products are also responsible for driving this market. Can be used in
kitchen, bathroom, laundry room, anywhere since it is easy to fix and maintain.
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Vinyl Flooring Market: Drivers & Restraints
Growing consumer demand of residential floorings and increasing purchasing power is
raising the global vinyl flooring market. Its cost effectiveness and environment friendly
nature of the consumers is inducing more and more consumers, ultimately increasing the
global vinyl flooring market.Nominal maintenance and increased strength and durability
are some of the major reasons why these surface floorings are also preferred in nonresidential market. Technological advancement also playing an enormous role to stay
ahead in the competition.
Report
Description
Report Description
The major challenge of the global vinyl flooring market is that it needs a higher level of
skill to install it which needs a specific training. The manufacturers are responsible to
offer extensive factory training for professional installers. If not installed properly it can
lead to some problems like wrong patching, irregular surface and cracking.
Vinyl Flooring Market: Segmentation
On the basis of component type the global vinyl flooring market can be broadly
segmented into Polyvinyl Chloride (or vinyl) Resins, Plasticizers, a Carrier sheet or
Backing, Pigments & Trace Stabilizers.
On the basis of product type the global vinyl flooring market can be broadly segmented
into Printed Vinyl and Inlaid Vinyl
On the basis of format type global vinyl flooring market is broadly segmented into
includes Vinyl Sheet; Vinyl Tile; and Luxury Vinyl Tile, which is comparatively new and the
most high end vinyl flooring
Vinyl Flooring Market: Region-wise Outlook
Global Vinyl flooring market is expected to register a favourable growth which is backed
by the growth of global decorative paints market that has grown noticeably in the last
few years. APAC is considered to be one of the fastest growing market amongst others.
The growing demand for vinyl flooring due to the rise in infrastructural projects,
increasing growth in automobile industry, and urbanisation is responsible for raising the
global vinyl flooring market.
Report
Description
Report Description
The growth in global vinyl flooring market is mostly affected by developing countries due
to the increasing purchasing power. Also the increased commercial consumption of vinyl
flooring in automotive, healthcare, manufacturing, retail and education is growing the
global vinyl flooring market immensely.
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Price sensitive consumers of Asia are also very responsive to this affordable product
which is directly raising the global vinyl flooring market. APAC is expected to be followed
by Europe and North America.
Vinyl Flooring Market: Key Players
The market participants such as material suppliers, manufacturers and distributors play a
key role in the supply chain of the industry. Some of the key market competitors are
Mohawk, Gerflor, Armstrong, Mannington Mills Inc, and Shaw flor, Among many others.
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Vinyl, a synthetic material, made from chlorine and ethylene is mostly used in construction activities especially in flooring. Vinyl flooring is a type of robust flooring which is more and easy to maintain durable. Vinyl flooring are manufactured in many parts of the world and is the most popular item these days. Scratch free, easy to maintain and wear resistant are some of the major advantages vinyl flooring over other floorings that are keeping it at a competitive edge. Also vinyl flooring has its availability in several colours, designs, and patterns which has made it more striking and tempting.