Residential Vinyl Flooring Market Seeks to Expand Size in Overseas Market
This press release was originally issued by SBWire
New Jersey, United States — (SBWIRE) – 07/08/2022 – A new business intelligence report released by AMA with the title “Residential Vinyl Flooring Market” has the capabilities to become the most important market in the world as it continues to play a remarkable role in establishing progressive impacts on the universal economy. The Global Residential Vinyl Flooring Market report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived from primary and secondary statistical sources and includes qualitative and quantitative detail. Some of the major players profiled in the study are Armstrong Flooring, Inc (USA), Forbo Flooring Systems (Netherlands), Shaw Industries Group, Inc. (USA), Shaw Industries Group (USA), Mannington Mills (USA), Berkshire Hathaway Inc (USA), Mohawk Industries, Inc. (USA), LG Hausys (South Korea), Greflor (France) and Congoleum Corporation (USA).
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Vinyl flooring is a popular flooring option in residential and commercial spaces. It is made from artificial and natural polymer materials and placed in a recurring structural unit. Residential vinyl flooring has advantages such as great replica designs for wood, cost effectiveness, low maintenance and moisture resistance. One of the major factors positively influencing the demand for luxury vinyl flooring across the globe is rising consumer spending in home improvement business.
Growing demand for residential vinyl flooring in high traffic construction areas
Growing demand for commercial flooring
Growing penetration towards urban accommodation and accommodation facilities
Emerging opportunity in the housing sector
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Market leaders and development strategies
On December 9, 2020, Cali launched Builder’s Choice XL, a wider and longer vinyl plank with commercial-grade durability. BCXL is ideal for professional orders with the competitive price suitable for large scale installation
On January 14, 2021, Mohawk Industries announced the expansion of its production facility in Carroll County. The company will add 19,000 square feet. feet at its Hillsville plant and installing new extrusion and loom equipment to increase production speed.
In addition, the years considered for the study are as follows:
Historic year – 2017-2021
Reference year – 2021
Forecast period** – 2022 to 2027 [** unless otherwise stated]
Highlighted segments and sub-segments of the Global Residential Vinyl Flooring Market:
Market by Key Players: Armstrong Flooring, Inc (US), Forbo Flooring Systems (Netherlands), Shaw Industries Group, Inc. (US), Shaw Industries Group (US), Mannington Mills (US) United States), Berkshire Hathaway Inc. (United States), Mohawk Industries, Inc. (United States), LG Hausys (South Korea), Greflor (France) and Congoleum Corporation (United States)
Market By: By Type (Vinyl Sheet Flooring, Luxury Vinyl Tile), Application (Commercial, Residential), End Users (Healthcare, Hospitality, Retail, Others) Players and Region – Market Outlook worldwide until 2027
Market by Geography: Americas, USA, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Middle -East and Africa, Egypt, South Africa, Israel, Turkey and GCC countries
The study is a source of reliable data on: Market segments and sub-segments, Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological innovations Value chain and investor analysis.
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Market Interpretation Tools: The report incorporates the fully examined and assessed information of major players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter’s five forces analysis, and ROI review have been utilized while breaking down the development of major players operating in the market.
Key Growths in the Market: This section of the report incorporates essential marker improvements that contains assertions, coordinated efforts, R&D, dispatch of new items, joint ventures, and associations of key players working in the market.
Market Key Points: Key features of this Residential Vinyl Flooring market report include production, production rate, revenue, price, cost, market share, capacity, sales rate capacity utilization, import/export, supply/demand and gross margin. Key market dynamics along with market segments and sub-segments are covered.
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Detailed TOC of Residential Vinyl Flooring Market Research Report-
Chapter One: Global Residential Vinyl Flooring Market Overview
1.1 Residential Vinyl Flooring Industry
1.1.2 Large Company Products
1.2 Residential Vinyl Flooring Market Segment
1.2.1 Industrial Chain
1.2.2 Breakdown of consumers
1.3 Overview of prices and costs
Chapter Two: Global Residential Vinyl Flooring Market Demand
2.1 Overview of segments
2.1.1 APP 1
2.1.2 APP 2
2.2 Global Residential Vinyl Flooring Market Size by Demand
2.3 Global Residential Vinyl Flooring Market Forecast by Demand
Chapter Three: Global Residential Vinyl Flooring Market by Type
3.1 By type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Residential Vinyl Flooring Market Size by Type
3.3 Residential Vinyl Flooring Market Forecast by Type
Chapter Four: Major Region of Residential Vinyl Flooring Market
4.1 Market sales
4.2 Market Revenue and Market Share
Chapter Five: List of Major Companies
Chapter Six: Conclusion
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