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The India vinyl flooring market size reached US$ 1,065.9 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,693.6 Million by 2027, exhibiting a growth rate (CAGR) of 7.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Vinyl flooring or resilient flooring is manufactured using a combination of synthetic and natural polymer materials, which are placed in repeating structural units. This versatile synthetic flooring material is water and stain resistant, and has numerous features including flexible handling, durability, design variations, etc. Owing to such favorable properties, it is widely used in schools, hospitals, offices and residential complexes. Additionally, vinyl flooring is cost-effective, comfortable to walk on and reduces the impact noise, owing to which it is frequently used as an alternative to carpet flooring that requires a higher-maintenance cost. Currently, advanced print and textural techniques are available in the market, which make it possible for vinyl flooring to duplicate the look of different flooring options such as hardwood, marble and stone.
IMARC Group provides an analysis of the key trends in each sub-segment of the India vinyl flooring market report, along with forecasts for the period 2022-2027. Our report has categorized the market based on sector, segment, imports and domestic manufacturing, product type, LVT market breakup by type, LVT market breakup by application sector, Vinyl Sheet market breakup by contract type and Vinyl Sheet market breakup by application.
Breakup by Sector:
Breakup by Segment:
Currently, unorganized segment dominates the vinyl flooring market in the country.
Breakup by Imports and Domestic Manufacturing:
Currently, imported products dominate the Indian vinyl flooring market.
Breakup by Product Type:
Based on product type, the market has been segregated into vinyl sheet, luxury vinyl tile (LVT) and vinyl composition tile (VCT). Amongst these, vinyl sheet represents the largest segment.
LVT Market Breakup by Type:
Vinyl Sheet Market Breakup by Contract Type:
Vinyl Sheet Market Breakup by Application:
The market is fragmented in nature with the presence of numerous small and large manufacturers who compete in terms of prices and quality. The report provides the competitive structure of the industry and market shares of the leading manufacturers in the domestic as well as imports market.
IMARC Group’s latest report provides a deep insight into the Indian vinyl flooring market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a vinyl flooring manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian vinyl flooring industry in any manner.
The India vinyl flooring market was valued at US$ 1,065.9 Million in 2021.
We expect the India vinyl flooring market to exhibit a CAGR of 7.8% during 2022-2027.
The rising development of modern housing facilities, along with the introduction of vinyl flooring with
high aesthetic value and sharper textures, is currently driving the India vinyl flooring market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across the nation resulting in the temporary halt in numerous construction activities,
thereby negatively impacting the demand for vinyl flooring.
Based on the sector, the India vinyl flooring market has been segmented into residential and
Based on the segment, the India vinyl flooring market can be divided into organized and unorganized,
where unorganized segment currently exhibits a clear dominance in the market.
Based on the imports and domestic manufacturing, the India vinyl flooring market has been categorized into imports and domestic manufacturing. Currently, imports account for the majority of the total market share.
Based on the product type, the India vinyl flooring market can be segregated into vinyl sheet, Luxury
Vinyl Tile (LVT), and Vinyl Composition Tile (VCT). Among these, vinyl sheet currently holds the largest
Carpet Cleaner Market by Product (Upright, Canister, Handheld), Cleaning Methods (Carpet Extractor, Carpet Steamers), Distribution (Offline, Online), End User (Commercial, Residential, Contract Cleaners), and Region 2023-2028
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