The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Luxury Vinyl Tiles (LVT) Flooring Market.

It was estimated prior to this unanticipated outbreak that the Luxury Vinyl Tiles (LVT) Flooring Market will grow at 11.5% CAGR. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

For a more detailed breakdown of the COVID-19 impact on the Luxury Vinyl Tiles (LVT) Flooring Market, request a free sample of the report here: https://www.stratviewresearch.com/Request-Sample/674/luxury-vinyl-tiles-flooring-market.html

Luxury Vinyl Tiles (LVT) Flooring Market Segment Analysis:

Based on the flooring type, the market is segmented as rigid and flexible. The flexible segment held the larger share in 2019, and is estimated to be the faster-growing segment of the market during the forecast period. The segment is also likely to remain dominant in the coming years owing to its various properties, such as cost effectiveness, improved aesthetic appearance, and durability.

Based on the end-use sector type, the luxury vinyl tiles (LVT) flooring market is segmented as residential and non-residential. The non-residential segment leads the market.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest growing luxury vinyl tiles (LVT) flooring market during the forecast period, owing to investment and construction activities in the infrastructural sector and presence of a large number of manufactures in the region.

Some of the major luxury vinyl tiles (LVT) flooring manufacturers are Mohawk Industries, Tarkett, Forbo, Shaw Industries, Inc., Interface, Armstrong Flooring, and Gerflor.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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