Global Industry Trends, Size, Growth, Opportunities and Forecast 2022-2027 – Brits in Kenya

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According to the latest report from the IMARC group, entitled “Vinyl Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” the global vinyl flooring market reached a value of US$42.47 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$72.89 billion from by 2027, posting a CAGR of 9.20% in 2022-2027.

Vinyl flooring refers to a flooring material made up of multiple layers of synthetic and natural polymers bonded together. It is made from polyvinyl chloride (PVC) resin, fiberglass and plasticizer. Vinyl flooring is widely used in dining room, basement, kitchen, bathroom and bedroom because it is economical, easy to install and provides superior comfort and noise control . Vinyl flooring is moisture resistant, shock absorbent and environmentally friendly and offers versatile designs, durability and extended life. As a result, it is widely used in industrial, residential, commercial and hospitality sectors.

We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Request a free sample PDF of the report: https://www.imarcgroup.com/vinyl-flooring-market/requestsample

Vinyl Flooring Market Trends and Drivers:

The global vinyl flooring market is mainly driven by the significant growth in the construction sector. Vinyl flooring is widely used to enhance aesthetic appeal and provide durability and comfort due to the increasing demand for luxury housing projects, remodeling and remodeling of existing homes. Additionally, the introduction of vinyl flooring with higher resolutions and sharper textures and various advancements in the installation process act as another growth driver. Additionally, growing demand for low maintenance flooring solutions and extensive research and development (R&D) activities aimed at improving the design, texture and colors of vinyl flooring is expected to drive the market towards the growth.

Competitive Analysis and Segmentation of the Vinyl Flooring Market 2022-2027:

Competitive landscape with key players:

  • Mohawk Industries Inc.
  • Tarkett
  • Armstrong World Industries, Inc.
  • Shaw Industries, Inc.
  • Mannington Mills, Inc.
  • Beaulieu International Group
  • Gerflor
  • Forbo

Key Market Segmentation:

Performance by product type:

  • vinyl sheet
  • Luxury Vinyl Tile (LVT)
  • Vinyl Composition Tile (VCT)

Performance by sector:

Performance of key regions:

  • Asia Pacific
  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Middle East and Africa

Ask the analyst to customize and explore the full report with table of contents and list of figures: https://www.imarcgroup.com/request?type=report&id=818&flag=C

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

Our offerings include comprehensive market information in the form of research reports, production cost reports, feasibility studies and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our client base, ranging from small and medium-sized businesses to Fortune 1000 companies.

Contact us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, United States
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe and Africa: +44-753-713-2163 | Asia: +91-120-433-0800

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