Cover Page-Global Polyvinyl Chloride (PVC) Floor Market

Global Polyvinyl Chloride (PVC) Floor Market By Product Type (Sheets, Vinyl Tiles (VT), Luxury Vinyl Tiles (LVT)), By Composition (Homogenous, Heterogeneous), By End-Use (Commercial, Residential), By Sales Channel (Manufacturer/Distributor/Service Provider, Aftermarket) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)

  • Report ID: CM-90
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 35
  • No. Of Pages: 175
  • Format:
  • Pub. Date: 2020-02-17
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Market Outlook:

The global polyvinyl chloride (PVC) floor market was valued at USD 13,752.0 million in 2019 and is projected to reach USD 20,250.9 million by 2027, expanding at a CAGR of 5.4% during the forecast period. In terms of volume, the market is projected to expand at a CAGR of 4.8% during the forecast period. PVC flooring, also known as vinyl flooring, is one of the most important end-uses of PVC. It is made from synthetic materials such as fiberglass, PVC, and plasticizer. It is highly durable as it is composed of multiple layers and has a thick core to keep the user comfortable when walking. PVC floors are readily available in either sheet or tile form for residential and commercial uses. Introduction of new printing and manufacturing technologies in the last few years has improved PVC floorings performance especially durability against gouges, rips, and tears. These floors are longer-lasting, easier to maintain, and moisture-resistant as compared to many alternative materials; therefore, PVC floors are preferred for usage in bathrooms and residential kitchens, healthcare facilities, and commercial & retail establishments.

Global Polyvinyl Chloride (PVC) Floor Market Key Takeaways

Market Dynamics
The PVC floor market is majorly driven by factors such as rise in population and rapid urbanization. According to data published by the United Nations Department of Economic and Social Affairs (UN DESA) in 2018, around 55% of the world’s total population lived in urban areas. This population is anticipated to rise to 68% by 2050. Moreover, the gradual shift in the residence of humans from rural to urban areas and the overall increase of the world’s population can complement 2.5 billion people more to urban areas by the year 2050.

Other factors such as the development of large-scale infrastructural projects in developing countries of regions Europe, South East Asia Pacific, and the Middle East are further boosting the market growth. Additionally, rise in construction of new malls, transport infrastructure, and restaurant renovation activities in countries such as India and China are anticipated to fuel market growth in Asia Pacific.

PVC floor is prone to gouges, scratches, and dents; therefore, it is important to avoid dragging of chairs and heavy furniture over the surface and walking with pointed heel shoes on the floor. Moreover, dogs with long nails can damage the surface.

Growth in the disposable income of consumers is enabling them to enhance their lifestyle and invest in a high-quality luxurious home. Furthermore, it is commonly believed by the consumers that a well-decorated home is a symbol of social status, as a result, consumers are exploring various flooring options, including PVC flooring, to improve and maintain their social image. These factors are expected to offer ample opportunities for the PVC flooring market players in the coming years.

Segmental Outlook

Based on product types, the global polyvinyl chloride (PVC) floor market has been segmented into sheets, vinyl tiles (VT), and luxury vinyl tiles (LVT). The LVT segment is anticipated to remain the most popular category of vinyl flooring solutions. LVT has high durability and provides better performance as compared to other types of PVC flooring. The demand for LVT flooring has increased in the last few years, as it is available in numerous designs and textures. The introduction of new technologies such as digital printing to the flooring industry is expected to boost market growth during the forecasted period. Digital printing allows easy texture printing on PVC tiles. Two types of LVT are available in the market namely flexible LVT and rigid LVT. Flexible LVT is used widely across the world, as it is cost-effective and suitable for almost all type of End-uses such as commercial and residential.

Global Polyvinyl Chloride (PVC) Floor Market By Product Type

Based on compositions, the market has been classified as homogeneous and heterogeneous. The market is anticipated to dominate by heterogeneous PVC floor sheets. Heterogeneous flooring also offers excellent sound reduction properties because it can be installed from wall to wall. These flooring offer firm grip on wet areas such as showers, sinks, and swimming pools. As a result of all these factors, heterogeneous flooring is widely used in residential and commercial applications.

Global Polyvinyl Chloride (PVC) Floor Market By Composition

Based on end-uses, the into market has been bifurcated commercial and residential. The commercial segment dominated the PVC flooring market in 2019 and is projected to expand at a CAGR of 4.6% during the forecast period. The commercial construction segments include shopping malls and hotels is anticipated to be the main users of these tiles, as they are cost-effective and provide superior esthetics. The growing influence of architects and designers for the use of PC flooring in a commercial application is anticipated to increase product demand. Effortless cleaning & sterilization coupled with stylish designs offered by this flooring are expected to drive their demand in commercial applications during the forecast period. Rapidly increasing consumer disposable income and high rate of urbanization in developing economies are anticipated to propel the growth of the residential segment.

Global Polyvinyl Chloride (PVC) Floor Market By End-Use

Based on sales channels, the market has been segmented into manufacturer/distributor/service provider and aftermarket. The manufacturer/distributor/service provider segment held a significant market share in 2019 and is projected to expand at a substantial CAGR during the forecast period. Market players are anticipated to launch products with less ecological impact and superior durability to garner the attention of consumers. Moreover, major manufacturers are offering customized product solutions in various colors, textures, design patterns, and dimensions to attract the more customers.

Regional Outlook

On the basis of regions, the market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is projected to account for a considerable share of the PVC floor market during the forecast period owing to the rising number of renovation and maintenance activities in residential and commercial buildings. Additionally, rise in the number of new housing units and growing investments in the infrastructural sector are expected to boost market growth in the region.

Global Polyvinyl Chloride (PVC) Floor Market By Region

Competitive Landscape

  • Key players in the market include Armstrong Flooring, Shaw Industries Group, Inc., Tarkett, Hyundai L&C, and Gerflor among others. These companies are considered as key manufacturers of PVC floor based on their revenue, research & development (R&D) activities, regional presence, and supply chain management system.
  • The players are adopting key strategies such as merger, acquisition, and geographical expansion in order to strengthen their market position.
  • For instance, on January 17, 2019, Gerflor launched its latest collections of LVT - Luxury Vinyl Tiles & Planks namely Creation 30 and Creation 55. The collection included 35 new designs and colors and 10 formats of planks and tiles.
  • On December 3, 2018, Hyundai Department Store Group completed the acquisition of Hanwa L&C, one of the key manufacturers of building materials. Post-acquisition, the business name was changed to Hyundai L&C, where 'L&C' stands for 'Living and Culture'.

Global Polyvinyl Chloride (PVC) Floor Market By Key Players

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global PVC floor Market
  • Historical, Current and Projected Market Size in terms of Value and Volume (Tons)
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global PVC floor Market Performance
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyvinyl Chloride (PVC) Floor Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Polyvinyl Chloride (PVC) Floor Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Polyvinyl Chloride (PVC) Floor Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Polyvinyl Chloride (PVC) Floor Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Polyvinyl Chloride (PVC) Floor Market Size and Volume& Forecast, 2017-2027
      4.5.1 Polyvinyl Chloride (PVC) Floor Market Size and Volumeand Y-o-Y Growth
      4.5.2 Polyvinyl Chloride (PVC) Floor Market Absolute $ Opportunity
Chapter 5 Global Polyvinyl Chloride (PVC) Floor Market Analysis and Forecast By Product Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Product Type
      5.1.2 Basis Point Share (BPS) Analysis By Product Type
      5.1.3 Absolute $ Opportunity Assessment By Product Type
   5.2 Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Product Type
      5.2.1 Sheets
      5.2.2 Vinyl Tiles (VT)
      5.2.3 Luxury Vinyl Tiles (LVT)
   5.3 Market Attractiveness Analysis By Product Type
Chapter 6 Global Polyvinyl Chloride (PVC) Floor Market Analysis and Forecast By Composition
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Composition
      6.1.2 Basis Point Share (BPS) Analysis By Composition
      6.1.3 Absolute $ Opportunity Assessment By Composition
   6.2 Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Composition
      6.2.1 Homogenous
      6.2.2 Heterogeneous
   6.3 Market Attractiveness Analysis By Composition
Chapter 7 Global Polyvinyl Chloride (PVC) Floor Market Analysis and Forecast BY End-Use
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities BY End-Use
      7.1.2 Basis Point Share (BPS) Analysis BY End-Use
      7.1.3 Absolute $ Opportunity Assessment BY End-Use
   7.2 Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by End-Use
      7.2.1 Commercial
      7.2.2 Residential
   7.3 Market Attractiveness Analysis BY End-Use
Chapter 8 Global Polyvinyl Chloride (PVC) Floor Market Analysis and Forecast By Sales Channel
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Sales Channel
      8.1.2 Basis Point Share (BPS) Analysis By Sales Channel
      8.1.3 Absolute $ Opportunity Assessment By Sales Channel
   8.2 Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Sales Channel
      8.2.1 Manufacturer/Distributor/Service Provider
      8.2.2 Aftermarket
   8.3 Market Attractiveness Analysis By Sales Channel
Chapter 9 Global Polyvinyl Chloride (PVC) Floor Market Analysis and Forecast by Region
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities by Region
      9.1.2 Basis Point Share (BPS) Analysis by Region
      9.1.3 Absolute $ Opportunity Assessment by Region
   9.2 Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Region
      9.2.1 North America
      9.2.2 Europe
      9.2.3 Asia Pacific
      9.2.4 Latin America
      9.2.5 Middle East & Africa (MEA)
   9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
   10.1 Introduction
   10.2 Current & Future Impact Analysis
   10.3 Economic Impact Analysis
   10.4 Government Policies
   10.5 Investment Scenario
Chapter 11 North America Polyvinyl Chloride (PVC) Floor Analysis and Forecast
   11.1 Introduction
   11.2 North America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Country
      11.2.1 U.S.
      11.2.2 Canada
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 North America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Product Type
      11.6.1 Sheets
      11.6.2 Vinyl Tiles (VT)
      11.6.3 Luxury Vinyl Tiles (LVT)
   11.7 Basis Point Share (BPS) Analysis By Product Type
   11.8 Absolute $ Opportunity Assessment By Product Type
   11.9 Market Attractiveness Analysis By Product Type
   11.10 North America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Composition
      11.10.1 Homogenous
      11.10.2 Heterogeneous
   11.11 Basis Point Share (BPS) Analysis By Composition
   11.12 Absolute $ Opportunity Assessment By Composition
   11.13 Market Attractiveness Analysis By Composition
   11.14 North America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by End-Use
      11.14.1 Commercial
      11.14.2 Residential
   11.15 Basis Point Share (BPS) Analysis BY End-Use
   11.16 Absolute $ Opportunity Assessment BY End-Use
   11.17 Market Attractiveness Analysis BY End-Use
   11.18 North America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Sales Channel
      11.18.1 Manufacturer/Distributor/Service Provider
      11.18.2 Aftermarket
   11.19 Basis Point Share (BPS) Analysis By Sales Channel
   11.20 Absolute $ Opportunity Assessment By Sales Channel
   11.21 Market Attractiveness Analysis By Sales Channel
Chapter 12 Europe Polyvinyl Chloride (PVC) Floor Analysis and Forecast
   12.1 Introduction
   12.2 Europe Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Country
      12.2.1 Germany
      12.2.2 France
      12.2.3 Italy
      12.2.4 U.K.
      12.2.5 Spain
      12.2.6 Russia
      12.2.7 Rest of Europe
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Europe Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Product Type
      12.6.1 Sheets
      12.6.2 Vinyl Tiles (VT)
      12.6.3 Luxury Vinyl Tiles (LVT)
   12.7 Basis Point Share (BPS) Analysis By Product Type
   12.8 Absolute $ Opportunity Assessment By Product Type
   12.9 Market Attractiveness Analysis By Product Type
   12.10 Europe Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Composition
      12.10.1 Homogenous
      12.10.2 Heterogeneous
   12.11 Basis Point Share (BPS) Analysis By Composition
   12.12 Absolute $ Opportunity Assessment By Composition
   12.13 Market Attractiveness Analysis By Composition
   12.14 Europe Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by End-Use
      12.14.1 Commercial
      12.14.2 Residential
   12.15 Basis Point Share (BPS) Analysis BY End-Use
   12.16 Absolute $ Opportunity Assessment BY End-Use
   12.17 Market Attractiveness Analysis BY End-Use
   12.18 Europe Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Sales Channel
      12.18.1 Manufacturer/Distributor/Service Provider
      12.18.2 Aftermarket
   12.19 Basis Point Share (BPS) Analysis By Sales Channel
   12.20 Absolute $ Opportunity Assessment By Sales Channel
   12.21 Market Attractiveness Analysis By Sales Channel
Chapter 13 Asia Pacific Polyvinyl Chloride (PVC) Floor Analysis and Forecast
   13.1 Introduction
   13.2 Asia Pacific Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Country
      13.2.1 China
      13.2.2 Japan
      13.2.3 South Korea
      13.2.4 India
      13.2.5 Australia
      13.2.6 South East Asia (SEA)
      13.2.7 Rest of Asia Pacific (APAC)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Asia Pacific Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Product Type
      13.6.1 Sheets
      13.6.2 Vinyl Tiles (VT)
      13.6.3 Luxury Vinyl Tiles (LVT)
   13.7 Basis Point Share (BPS) Analysis By Product Type
   13.8 Absolute $ Opportunity Assessment By Product Type
   13.9 Market Attractiveness Analysis By Product Type
   13.10 Asia Pacific Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Composition
      13.10.1 Homogenous
      13.10.2 Heterogeneous
   13.11 Basis Point Share (BPS) Analysis By Composition
   13.12 Absolute $ Opportunity Assessment By Composition
   13.13 Market Attractiveness Analysis By Composition
   13.14 Asia Pacific Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by End-Use
      13.14.1 Commercial
      13.14.2 Residential
   13.15 Basis Point Share (BPS) Analysis BY End-Use
   13.16 Absolute $ Opportunity Assessment BY End-Use
   13.17 Market Attractiveness Analysis BY End-Use
   13.18 Asia Pacific Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Sales Channel
      13.18.1 Manufacturer/Distributor/Service Provider
      13.18.2 Aftermarket
   13.19 Basis Point Share (BPS) Analysis By Sales Channel
   13.20 Absolute $ Opportunity Assessment By Sales Channel
   13.21 Market Attractiveness Analysis By Sales Channel
Chapter 14 Latin America Polyvinyl Chloride (PVC) Floor Analysis and Forecast
   14.1 Introduction
   14.2 Latin America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Country
      14.2.1 Brazil
      14.2.2 Mexico
      14.2.3 Rest of Latin America (LATAM)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Latin America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Product Type
      14.6.1 Sheets
      14.6.2 Vinyl Tiles (VT)
      14.6.3 Luxury Vinyl Tiles (LVT)
   14.7 Basis Point Share (BPS) Analysis By Product Type
   14.8 Absolute $ Opportunity Assessment By Product Type
   14.9 Market Attractiveness Analysis By Product Type
   14.10 Latin America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Composition
      14.10.1 Homogenous
      14.10.2 Heterogeneous
   14.11 Basis Point Share (BPS) Analysis By Composition
   14.12 Absolute $ Opportunity Assessment By Composition
   14.13 Market Attractiveness Analysis By Composition
   14.14 Latin America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by End-Use
      14.14.1 Commercial
      14.14.2 Residential
   14.15 Basis Point Share (BPS) Analysis BY End-Use
   14.16 Absolute $ Opportunity Assessment BY End-Use
   14.17 Market Attractiveness Analysis BY End-Use
   14.18 Latin America Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Sales Channel
      14.18.1 Manufacturer/Distributor/Service Provider
      14.18.2 Aftermarket
   14.19 Basis Point Share (BPS) Analysis By Sales Channel
   14.20 Absolute $ Opportunity Assessment By Sales Channel
   14.21 Market Attractiveness Analysis By Sales Channel
Chapter 15 Middle East & Africa (MEA) Polyvinyl Chloride (PVC) Floor Analysis and Forecast
   15.1 Introduction
   15.2 Middle East & Africa (MEA) Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Country
      15.2.1 Saudi Arabia
      15.2.2 South Africa
      15.2.3 UAE
      15.2.4 Rest of Middle East & Africa (MEA)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Middle East & Africa (MEA) Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Product Type
      15.6.1 Sheets
      15.6.2 Vinyl Tiles (VT)
      15.6.3 Luxury Vinyl Tiles (LVT)
   15.7 Basis Point Share (BPS) Analysis By Product Type
   15.8 Absolute $ Opportunity Assessment By Product Type
   15.9 Market Attractiveness Analysis By Product Type
   15.10 Middle East & Africa (MEA) Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Composition
      15.10.1 Homogenous
      15.10.2 Heterogeneous
   15.11 Basis Point Share (BPS) Analysis By Composition
   15.12 Absolute $ Opportunity Assessment By Composition
   15.13 Market Attractiveness Analysis By Composition
   15.14 Middle East & Africa (MEA) Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by End-Use
      15.14.1 Commercial
      15.14.2 Residential
   15.15 Basis Point Share (BPS) Analysis BY End-Use
   15.16 Absolute $ Opportunity Assessment BY End-Use
   15.17 Market Attractiveness Analysis BY End-Use
   15.18 Middle East & Africa (MEA) Polyvinyl Chloride (PVC) Floor Market Size and Volume Forecast by Sales Channel
      15.18.1 Manufacturer/Distributor/Service Provider
      15.18.2 Aftermarket
   15.19 Basis Point Share (BPS) Analysis By Sales Channel
   15.20 Absolute $ Opportunity Assessment By Sales Channel
   15.21 Market Attractiveness Analysis By Sales Channel
Chapter 16 Competition Landscape
   16.1 Polyvinyl Chloride (PVC) Floor Market: Competitive Dashboard
   16.2 Global Polyvinyl Chloride (PVC) Floor Market: Market Share Analysis, 2019
   16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      16.3.1 Armstrong Flooring
      16.3.2 Forbo Flooring Systems
      16.3.3 Gerflor
      16.3.4 Hyundai L&C
      16.3.5 LG HAUSYS
      16.3.6 Mannington Mills, Inc.
      16.3.7 Mohawk Industries, Inc.
      16.3.8 Polyflor Ltd
      16.3.9 Shaw Industries Group, Inc.
      16.3.10 Tarkett
Key Segments Covered
By Product Type
  • Sheets
  • Vinyl Tiles (VT)
  • Luxury Vinyl Tiles (LVT)
By Composition
  • Homogenous
  • Heterogeneous
By End-Use
  • Commercial
  • Residential
By Sales Channel
  • Manufacturer/Distributor/Service Provider
  • Aftermarket
By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Spain
    • Russia
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA

Key Market Players Profiled in the Report
  • Armstrong Flooring
  • Forbo Flooring Systems
  • Gerflor
  • Hyundai L&C
  • LG HAUSYS
  • Mannington Mills, Inc.
  • Mohawk Industries, Inc.
  • Polyflor Ltd
  • Shaw Industries Group
  • Tarkett

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report covers product specific information such as Sheets, Vinyl Tiles (VT), and Luxury Vinyl Tiles (LVT).

According to the Growth Market Reports report, the market from PVC floor is likely to register a CAGR of 5.4% during forecast period 2020-2027, with an anticipated valuation of USD 20,250.9 million by the end of the 2027.

The global PVC floor market provides company market share analysis and volume data for PVC floor.

Rise in population and rapid urbanization, development of large-scale infrastructural projects in developing countries of regions Europe, South East Asia Pacific, and the Middle East, and rising construction of new malls, transport infrastructure, and restaurant renovation activities are some of the factors that will drive the growth of PVC floor market.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to witness decrease of around 4.7% in 2020 as compared to its previous year owing to the negative impact of COVID-19 pandemic on the PVC floor market.

The base year considered for the global PVC floor market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Hospitals, schools, colleges, offices, hotel lobbies are the key end-users that are driving the PVC floor market.

Major Manufactures include Armstrong Flooring, Shaw Industries Group, Inc., Tarkett, Hyundai L&C, and Gerflor.