Market Forecast by Countries (United States, Canada), By Product (Vinyl Sheets, Vinyl Tiles, Luxury Vinyl Tiles), By Application (Residential, Commercial) And Competitive Landscape
Product Code: ETC075371 | Publication Date: Aug 2021 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Vinyl Flooring Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 6.9% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Product, By Application |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
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North America Vinyl Flooring Market thoroughly covers the market by country, by product and by application. The outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Vinyl Flooring Market is anticipated to grow in the forecast period on account of increasing demand for cost-effective and durable flooring solutions. Vinyl flooring provides an affordable alternative to traditional hardwood or stone flooring, which makes it an alluring option for both residential and commercial domains.
According to 6Wresearch, North America Vinyl Flooring Market size is anticipated to grow at a CAGR of 6.9% to reach a volume of 538.49 million square metres during 2023-2029. The versatility of vinyl flooring is the main reason for the growth of the market. Vinyl flooring comes in various designs, textures, and colours, which allows consumers to achieve various aesthetic preferences. The vinyl flooring is known for its ease of installation, which appeals to both DIY enthusiasts and professional installers, reducing labour costs and installation time. Environmental sustainability is another crucial driver of the vinyl flooring market. Many vinyl flooring products have made strides in manufacturing eco-friendly and low-VOC (volatile organic compound) flooring options, which has heavily appealed to environmentally conscious consumers. Certain challenges exist in the North America Vinyl Flooring Industry. One of the primary challenges of the market is volatility in raw material prices. Vinyl flooring production is heavily dependent on petrochemical-based materials, and fluctuations in oil prices can lead to uncertainty in production costs.
The COVID-19 pandemic had a remarkable impact on the North America wireless charging market, In the early stages of the pandemic, the market experienced major disruptions in supply chains, manufacturing, and distribution due to the imposition of lockdowns and restrictions by the government. These disruptions led to delays in the launches of the product and restrained the growth trajectory of the market. As the pandemic progressed, certain aspects of the wireless charging market saw accelerated growth on account of the emergence of remote work, there was a rise in demand for convenient charging solutions. Wireless charging technology, offering a touchless and hassle-free way to keep devices powered up, gained popularity and led to a tremendous increase in North America Vinyl Flooring Market Share.
These are the leading players in the Vinyl Flooring Market In North America leading to the significant growth of the market.
According to Dhaval, Research Manager, 6Wresearch, the United States is expected to have a major share in the North America vinyl flooring market due to its wide use in commercial and residential domains.
Based on product, the market is divided into Vinyl Sheets, Vinyl Tiles and Luxury Vinyl Tiles. The Vinyl Sheets segment is expected to dominate the market due to its cost-effectiveness and durability.
Based on application, the residential sector will contribute majorly to the North America Viynl Flooring Market Growth due to its affordability and ease of maintenance and usage of various designs in home and living spaces.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Vinyl Flooring Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Vinyl Flooring Market Revenues & Volume, 2022 & 2029F |
3.3 North America Vinyl Flooring Market - Industry Life Cycle |
3.4 North America Vinyl Flooring Market - Porter's Five Forces |
3.5 North America Vinyl Flooring Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 North America Vinyl Flooring Market Revenues & Volume Share, By Product, 2022 & 2029F |
3.7 North America Vinyl Flooring Market Revenues & Volume Share, By Application, 2022 & 2029F |
4 North America Vinyl Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Vinyl Flooring Market Trends |
6 North America Vinyl Flooring Market, 2019 - 2029 |
6.1 North America Vinyl Flooring Market, Revenues & Volume, By Product, 2019 - 2029 |
6.2 North America Vinyl Flooring Market, Revenues & Volume, By Application, 2019 - 2029 |
7 United States Vinyl Flooring Market, 2019 - 2029 |
7.1 United States Vinyl Flooring Market, Revenues & Volume, By Product, 2019 - 2029 |
7.2 United States Vinyl Flooring Market, Revenues & Volume, By Application, 2019 - 2029 |
8 Canada Vinyl Flooring Market, 2019 - 2029 |
8.1 Canada Vinyl Flooring Market, Revenues & Volume, By Product, 2019 - 2029 |
8.2 Canada Vinyl Flooring Market, Revenues & Volume, By Application, 2019 - 2029 |
9 North America Vinyl Flooring Market Key Performance Indicators |
10 North America Vinyl Flooring Market - Opportunity Assessment |
10.1 North America Vinyl Flooring Market Opportunity Assessment, By Countries, 2022 & 2029F |
10.2 North America Vinyl Flooring Market Opportunity Assessment, By Product, 2022 & 2029F |
10.3 North America Vinyl Flooring Market Opportunity Assessment, By Application, 2022 & 2029F |
11 North America Vinyl Flooring Market - Competitive Landscape |
11.1 North America Vinyl Flooring Market Revenue Share, By Companies, 2022 |
11.2 North America Vinyl Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |