NEW YORK , Aug. 30, 2024 /PRNewswire/ -- Report with market evolution powered by AI- The global resilient vinyl flooring market size is estimated to grow by USD 18.89 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 6.36% during the forecast period. Increase in building and construction activities is driving market growth, with a trend towards emergence of hybrid resilient vinyl flooring.
However, installation and maintenance issues of resilient vinyl flooring poses a challenge. Key market players include AAMTAC Co. Ltd.
, AHF LLC., American Biltrite Inc., AWI Licensing LLC, Beaulieu International Group, Berkshire Hathaway Inc.
, Bostik Ltd., Congoleum Corp., Forbo Management SA, Gerflor Group, Interface Inc.
, IVC Group, LX Hausys Ltd, Lowes Co. Inc., Mannington Mills Inc.
, Metroflor Corp, Milliken and Co., Mohawk Industries Inc., Novalis Flooring GmbH, Parterre Flooring and Surface Systems LLC, REGUPOL Germany GmbH and Co.
KG, Responsive Industries Ltd., Roppe Corp., and Tarkett Group.
Get a detailed analysis on regions, market segments, customer landscape, and companies - Click for the snapshot of this report Key Market Trends Fueling Growth The resilient vinyl flooring market continues to grow, driven by its durability and affordability. Businesses and homeowners value its easy maintenance and resistance to wear and tear. Vinyl flooring's versatility, available in various designs and colors, caters to diverse consumer preferences.
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