유럽의 고급 비닐 타일(LVT) 바닥재 시장 예측(-2031년) : 지역별 분석 - 유형별, 최종사용자별

The Europe luxury vinyl tile (LVT) flooring market was valued at US$ 6,528.69 million in 2023 and is expected to reach US$ 12,428.08 million by 2031; it is estimated to register at a CAGR of 8.4% from 2023 to 2031.

Expansion of Commercial Sector Drives Europe Luxury Vinyl Tile (LVT) Flooring Market

Luxury vinyl tile (LVT) flooring has emerged as a favored choice for commercial spaces such as offices, retail outlets, and hospitality establishments due to its exceptional durability, low maintenance requirements, and design versatility. In bustling commercial environments, where foot traffic can be intense and continuous, durability is paramount. Luxury vinyl tiles (LVT)'s robust construction ensures it can withstand the rigors of high-traffic areas without succumbing to damage or wear, maintaining its aesthetic appeal and structural integrity over time. Businesses appreciate the low maintenance nature of luxury vinyl tiles (LVT), as its smooth surface is easy to clean, requiring only routine sweeping and occasional mopping to keep it looking pristine. This translates to reduced operational costs and minimal downtime, enhancing the overall efficiency of commercial operations.

Luxury vinyl tiles (LVT) offers unparalleled design flexibility, with a vast array of colors, patterns, and textures to suit diverse aesthetic preferences and interior design themes. Furthermore, the cost-effectiveness of luxury vinyl tiles (LVT), considering its long-term durability and low maintenance requirements, makes it a sound investment for commercial applications, offering significant savings over its lifespan.

Europe Luxury Vinyl Tile (LVT) Flooring Market Overview

Europe luxury vinyl tiles (LVT) flooring market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. European consumers have shown a growing inclination toward LVT flooring due to its durability, ease of maintenance, and aesthetic appeal. This trend is particularly pronounced in Germany, the UK, France, and the Nordic countries, where homeowners, renovators, and businesses seek high-quality, long-lasting flooring solutions. For instance, according to the European Commission, the value of residential renovation in Europe reached approximately US$ 498.5 billion in the year 2023. Additionally, the construction revenue in Europe was valued at approximately US$ 1.45 trillion in 2023. The versatility of LVT, which can replicate the look of natural materials such as hardwood and stone, appeals to European consumers who value both style and practicality in their flooring choices. Regulatory standards and environmental concerns also influence the Europe LVT flooring market. With the EU placing greater emphasis on sustainability and eco-friendliness, manufacturers are under pressure to produce LVT flooring that meets stringent environmental standards. This has led to the development of eco-friendly LVT products made from recycled materials and featuring low VOC emissions, catering to environmentally conscious consumers in Europe.

Economic factors such as urbanization, renovation activities, and housing market trends contribute to the growth of the LVT flooring market in Europe. Urbanization drives demand for flooring solutions in commercial spaces and residential developments, while renovation projects in existing homes and buildings provide opportunities for LVT flooring installation. Additionally, raw material price fluctuations in the housing market impact consumer spending on home improvement projects, including flooring upgrades, influencing the demand for LVT flooring across Europe.

Europe Luxury Vinyl Tile (LVT) Flooring Market Revenue and Forecast to 2031 (US$ Million)

Europe Luxury Vinyl Tile (LVT) Flooring Market Segmentation

The Europe luxury vinyl tile (LVT) flooring market is segmented based on type, end user, and country.

Based on type, the Europe luxury vinyl tile (LVT) flooring market is bifurcated into rigid and flexible. The rigid segment held a larger share in 2023.

In terms of end user, the Europe luxury vinyl tile (LVT) flooring market is segmented into residential, commercial, and institutional. The residential segment held the largest share in 2023.

Based on country, the Europe luxury vinyl tile (LVT) flooring market is categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. The Rest of Europe dominated the Europe luxury vinyl tile (LVT) flooring market in 2023.

Wedge Industries Ltd; Mohawk Industries, Inc.; Tarkett; Shaw Industries Group, Inc.; Interface Inc; AWI Licensing, LLC; Gerflor Group; Mannington Mills, Inc.; and Forbo Holding AG are some of the leading companies operating in the Europe luxury vinyl tile (LVT) flooring market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research
• 3.4 Limitations and Assumptions

4. Europe Luxury Vinyl Tile (LVT) Flooring Market Landscape

• 4.1 Overview
• 4.2 Porter's Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.1 Threat of New Entrants
  • 4.2.2 Intensity of Competitive Rivalry
  • 4.2.3 Threat of Substitutes
• 4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers
  • 4.3.2 Manufacturers
  • 4.3.3 Distributors/Suppliers
  • 4.3.4 End Users
  • 4.3.5 List of Vendors in the Value Chain

5. Europe Luxury Vinyl Tile (LVT) Flooring Market - Key Market Dynamics

• 5.1 Europe Luxury Vinyl Tile (LVT) Flooring Market - Key Market Dynamics
• 5.2 Market Drivers
  • 5.2.1 Growing Residential Construction
  • 5.2.2 Cost-Effectiveness of Luxury Vinyl Tiles (LVT) Flooring
• 5.3 Market Restraints
  • 5.3.1 Environmental Concerns
• 5.4 Market Opportunities
  • 5.4.1 Expansion of Commercial Sector
• 5.5 Future Trends
  • 5.5.1 Technological Advancements
• 5.6 Impact of Drivers and Restraints:

6. Luxury Vinyl Tile (LVT) Flooring Market - Europe Market Analysis

• 6.1 Europe Luxury Vinyl Tile (LVT) Flooring Market Volume (Million Sq. Meter), 2020-2031
• 6.2 Europe Luxury Vinyl Tile (LVT) Flooring Market Volume Forecast and Analysis (Million Sq. Meter)
• 6.3 Europe Luxury Vinyl Tile (LVT) Flooring Market Revenue (US$ Million), 2020-2031
• 6.4 Europe Luxury Vinyl Tile (LVT) Flooring Market Forecast and Analysis

7. Europe Luxury Vinyl Tile (LVT) Flooring Market Volume and Revenue Analysis - by Type

• 7.1 Rigid
  • 7.1.1 Overview
  • 7.1.2 Rigid: Europe Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
  • 7.1.3 Rigid: Europe Luxury Vinyl Tile (LVT) Flooring Market - Volume and Forecast to 2031 (Million Sq. Meter)
• 7.2 Flexible
  • 7.2.1 Overview
  • 7.2.2 Flexible: Europe Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
  • 7.2.3 Flexible: Europe Luxury Vinyl Tile (LVT) Flooring Market - Volume and Forecast to 2031 (Million Sq. Meter)

8. Europe Luxury Vinyl Tile (LVT) Flooring Market Revenue Analysis - by End User

• 8.1 Residential
  • 8.1.1 Overview
  • 8.1.2 Residential: Europe Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
• 8.2 Commercial
  • 8.2.1 Overview
  • 8.2.2 Commercial: Europe Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
• 8.3 Institutional
  • 8.3.1 Overview
  • 8.3.2 Institutional: Europe Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)

9. Europe Luxury Vinyl Tile (LVT) Flooring Market -Country Analysis

• 9.1 Europe Luxury Vinyl Tile (LVT) Flooring Market Overview
  • 9.1.1 Europe Luxury Vinyl Tile (LVT) Flooring Market Revenue and Forecast and Analysis - by Country
    • 9.1.1.1 Europe Luxury Vinyl Tile (LVT) Flooring Market Volume and Forecast and Analysis - by Country
    • 9.1.1.2 Europe Luxury Vinyl Tile (LVT) Flooring Market Revenue and Forecast and Analysis -by Country
    • 9.1.1.3 Germany Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
      • 9.1.1.3.1 Germany Luxury Vinyl Tile (LVT) Flooring Market Breakdown by Type
      • 9.1.1.3.2 Germany Luxury Vinyl Tile (LVT) Flooring Market Breakdown by End User
    • 9.1.1.4 France Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
      • 9.1.1.4.1 France Luxury Vinyl Tile (LVT) Flooring Market Breakdown by Type
      • 9.1.1.4.2 France Luxury Vinyl Tile (LVT) Flooring Market Breakdown by End User
    • 9.1.1.5 United Kingdom Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
      • 9.1.1.5.1 United Kingdom Luxury Vinyl Tile (LVT) Flooring Market Breakdown by Type
      • 9.1.1.5.2 United Kingdom Luxury Vinyl Tile (LVT) Flooring Market Breakdown by End User
    • 9.1.1.6 Italy Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
      • 9.1.1.6.1 Italy Luxury Vinyl Tile (LVT) Flooring Market Breakdown by Type
      • 9.1.1.6.2 Italy Luxury Vinyl Tile (LVT) Flooring Market Breakdown by End User
    • 9.1.1.7 Russia Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
      • 9.1.1.7.1 Russia Luxury Vinyl Tile (LVT) Flooring Market Breakdown by Type
      • 9.1.1.7.2 Russia Luxury Vinyl Tile (LVT) Flooring Market Breakdown by End User
    • 9.1.1.8 Rest of Europe Luxury Vinyl Tile (LVT) Flooring Market - Revenue and Forecast to 2031 (US$ Million)
      • 9.1.1.8.1 Rest of Europe Luxury Vinyl Tile (LVT) Flooring Market Breakdown by Type
      • 9.1.1.8.2 Rest of Europe Luxury Vinyl Tile (LVT) Flooring Market Breakdown by End User

10. Competitive Landscape

• 10.1 Heat Map Analysis by Key Players
• 10.2 Company Positioning & Concentration

11. Industry Landscape

• 11.1 Overview
• 11.2 New Product Development
• 11.3 Merger and Acquisition

12. Company Profiles

• 12.1 Wedge Industries Ltd
  • 12.1.1 Key Facts
  • 12.1.2 Business Description
  • 12.1.3 Products and Services
  • 12.1.4 Financial Overview
  • 12.1.5 SWOT Analysis
  • 12.1.6 Key Developments
• 12.2 Mohawk Industries Inc
  • 12.2.1 Key Facts
  • 12.2.2 Business Description
  • 12.2.3 Products and Services
  • 12.2.4 Financial Overview
  • 12.2.5 SWOT Analysis
  • 12.2.6 Key Developments
• 12.3 Tarkett
  • 12.3.1 Key Facts
  • 12.3.2 Business Description
  • 12.3.3 Products and Services
  • 12.3.4 Financial Overview
  • 12.3.5 SWOT Analysis
  • 12.3.6 Key Developments
• 12.4 Shaw Industries Group Inc
  • 12.4.1 Key Facts
  • 12.4.2 Business Description
  • 12.4.3 Products and Services
  • 12.4.4 Financial Overview
  • 12.4.5 SWOT Analysis
  • 12.4.6 Key Developments
• 12.5 Interface Inc
  • 12.5.1 Key Facts
  • 12.5.2 Business Description
  • 12.5.3 Products and Services
  • 12.5.4 Financial Overview
  • 12.5.5 SWOT Analysis
  • 12.5.6 Key Developments
• 12.6 AHF LLC
  • 12.6.1 Key Facts
  • 12.6.2 Business Description
  • 12.6.3 Products and Services
  • 12.6.4 Financial Overview
  • 12.6.5 SWOT Analysis
  • 12.6.6 Key Developments
• 12.7 Gerflor SAS
  • 12.7.1 Key Facts
  • 12.7.2 Business Description
  • 12.7.3 Products and Services
  • 12.7.4 Financial Overview
  • 12.7.5 SWOT Analysis
  • 12.7.6 Key Developments
• 12.8 Mannington Mills Inc
  • 12.8.1 Key Facts
  • 12.8.2 Business Description
  • 12.8.3 Products and Services
  • 12.8.4 Financial Overview
  • 12.8.5 SWOT Analysis
  • 12.8.6 Key Developments
• 12.9 Forbo Holding AG
  • 12.9.1 Key Facts
  • 12.9.2 Business Description
  • 12.9.3 Products and Services
  • 12.9.4 Financial Overview
  • 12.9.5 SWOT Analysis
  • 12.9.6 Key Developments

13. Appendix

• 13.1 About The Insight Partners