The North America vinyl flooring market reached a volume of 314.3 Million Sq. Meters in 2018. Vinyl flooring, also known as resilient flooring, is made from a combination of natural and synthetic polymer materials. It is water and stain-resistant, and a versatile synthetic flooring material which is widely suitable for kitchens and bathrooms. Vinyl flooring is available in two types, namely, sheet flooring and tile flooring. While sheet flooring offers enhanced water resistance and ease of installation, vinyl tile is mostly preferred by consumers for its better aesthetic value. Moreover, the ability of vinyl flooring to sustain high foot traffic has made it a popular flooring material for use in commercial settings. The availability of advanced print and textural techniques further allows vinyl flooring to achieve the look of a variety of other flooring options, such as hardwood, marble, and stone.
North America vinyl flooring market is currently being driven by several factors. The demand in the region is spurred by numerous advantages of vinyl flooring, such as easy installation and maintenance, cost-effectiveness, and moisture-resistance. Apart from this, rising technological advancements in the manufacturing process have also led to a growth in the vinyl flooring market in terms of the performance, installation and design. Additionally, due to the rising per capita incomes and standards of living, the demand for vinyl flooring products has increased in the region. Moreover, the rising renovation activities have induced growth in the vinyl flooring market. Looking forward, IMARC Group expects the market to reach a volume of 454.2 Million Sq. Meters by 2024, registering a CAGR of 6.3% during 2019-2024.
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Report Customization: Although IMARC has tried to cover everything in the North America vinyl flooring market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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