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North America Vinyl Flooring Market to Exhibit Moderate Growth During 2020-2025, Propelled by the Increasing Renovation Activities

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North America Vinyl Flooring Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The North America vinyl flooring market reached a volume of 324.4 Million Sq. Meters in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.4% during 2021-2026. 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, 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.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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. 

Report Scope:

  • North America Vinyl Flooring Market
     
  • Key Regions Analysed
    • United States
    • Canada
    • Mexico
       
  • Analysis for Each Country
     
  • Market by Product Type
    • Vinyl Sheet
    • Luxury Vinyl Tile (LVT)
    • Vinyl Composition Tile (VCT)
       
  • Market by Sector
    • Residential
    • Commercial
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles

 

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units Million Sq. Meters
Segment Coverage Product Type, Sector, Region
Countries Covered United States, Canada, Mexico
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License $ 2499
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1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Vinyl Flooring Market
    5.1    Market Performance
    5.2    Market Breakup by Product Type
    5.3    Market Breakup by Sector 
    5.4    Market Breakup by Region 
    5.5    Market Forecast 
6    North America Vinyl Flooring Market
    6.1    Market Performance
    6.2    Impact of COVID-19
    6.3    Market Forecast 
7    North America Vinyl Flooring Market: Breakup by Product Type 
    7.1    Vinyl Sheet
    7.2    Luxury Vinyl Tile (LVT)
    7.3    Vinyl Composition Tile (VCT)
8    North America Vinyl Flooring Market: Breakup by Sector
    8.1    Residential
    8.2    Commercial
9    North America Vinyl Flooring Market: Breakup by Country 
    9.1   United States
     9.1.1    Historical Market Trends
     9.1.2    Market Breakup by Product Type
     9.1.3    Market Breakup by Sector
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical Market Trends
     9.2.2    Market Breakup by Product Type 
     9.2.3    Market Breakup by Sector
     9.2.4    Market Forecast
    9.3   Mexico
     9.3.1    Historical Market Trends
     9.3.2    Market Breakup by Product Type 
     9.3.3    Market Breakup by Sector
     9.3.4    Market Forecast
10    SWOT Analysis 
    10.1    Overview 
    10.2    Strengths
    10.3    Weaknesses 
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis 
    11.1    Overview
    11.2    Raw Material Procurement
    11.3    Manufacturer
    11.4    Marketing
    11.5    Distributor/Retailer
    11.6    Exporter
    11.7    End-User
12    Porter’s Five Forces Analysis 
    12.1     Overview
    12.2     Bargaining Power of Buyers
    12.3     Bargaining Power of Suppliers
    12.4     Degree of Rivalry
    12.5     Threat of New Entrants
    12.6     Threat of Substitutes
13    Price Analysis 
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: Global: Vinyl Flooring Market: Volume Trends (in Million Sq. Meters), 2015-2020
Figure 2: Global: Vinyl Flooring Market: Breakup by Product Type (in %), 2020
Figure 3: Global: Vinyl Flooring Market: Breakup by Sector (in %), 2020
Figure 4: Global: Vinyl Flooring Market: Breakup by Region (in %), 2020
Figure 5: Global: Vinyl Flooring Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 6: North America: Vinyl Flooring Market: Volume Trends (in Million Sq. Meters), 2015-2020
Figure 7: North America: Vinyl Flooring Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 8: North America: Vinyl Flooring Market: Breakup by Product Type (in %), 2020
Figure 9: North America: Vinyl Flooring (Vinyl Sheet) Market: Volume Trends (in Million Sq. Meters), 2015 & 2020
Figure 10: North America: Vinyl Flooring (Vinyl Sheet) Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 11: North America: Vinyl Flooring (Luxury Vinyl Tile) Market: Volume Trends (in Million Sq. Meters), 2015 & 2020
Figure 12: North America: Vinyl Flooring (Luxury Vinyl Tile) Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 13: North America: Vinyl Flooring (Vinyl Composition Tile) Market: Volume Trends (in Million Sq. Meters), 2015 & 2020
Figure 14: North America: Vinyl Flooring (Vinyl Composition Tile) Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 15: North America: Vinyl Flooring Market: Breakup by Sector (in %), 2020
Figure 16: North America: Vinyl Flooring (Residential) Market: Volume Trends (in Million Sq. Meters), 2015 & 2020
Figure 17: North America: Vinyl Flooring (Residential) Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 18: North America: Vinyl Flooring (Commercial) Market: Volume Trends (in Million Sq. Meters), 2015 & 2020
Figure 19: North America: Vinyl Flooring (Commercial) Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 20: North America: Vinyl Flooring Market: Breakup by Country (in %), 2020
Figure 21: United States: Vinyl Flooring Market: Volume Trends (in Million Sq. Meters), 2015-2020
Figure 22: United States: Vinyl Flooring Market: Breakup by Product Type (in %), 2020
Figure 23: United States: Vinyl Flooring Market: Breakup by Sector (in %), 2020
Figure 24: United States: Vinyl Flooring Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 25: Canada: Vinyl Flooring Market: Volume Trends (in Million Sq. Meters), 2015-2020
Figure 26: Canada: Vinyl Flooring Market: Breakup by Product Type (in %), 2020
Figure 27: Canada: Vinyl Flooring Market: Breakup by Sector (in %), 2020
Figure 28: Canada: Vinyl Flooring Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 29: Mexico: Vinyl Flooring Market: Volume Trends (in Million Sq. Meters), 2015-2020
Figure 30: Mexico: Vinyl Flooring Market: Breakup by Product Type (in %), 2020
Figure 31: Mexico: Vinyl Flooring Market: Breakup by Sector (in %), 2020
Figure 32: Mexico: Vinyl Flooring Market Forecast: Volume Trends (in Million Sq. Meters), 2021-2026
Figure 33: North America: Vinyl Flooring Industry: SWOT Analysis
Figure 34: North America: Vinyl Flooring Industry: Value Chain Analysis
Figure 35: North America: Vinyl Flooring Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: North America: Vinyl Flooring Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Vinyl Flooring Market Forecast: Breakup by Product Type (in Million Sq. Meters), 2021-2026
Table 3: North America: Vinyl Flooring Market Forecast: Breakup by Sector (in Million Sq. Meters), 2021-2026
Table 4: North America: Vinyl Flooring Market Forecast: Breakup by Country (in Million Sq. Meters), 2021-2026
Table 5: North America: Vinyl Flooring Market: Competitive Structure
Table 6: North America: Vinyl Flooring Market: Key Players

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Key Questions Answered in This Report

The North America vinyl flooring market reached a volume of 324.4 Million Sq. Meters in 2020.

We expect the North America vinyl flooring market to exhibit a CAGR of 6.4% during 2021-2026.

The growing product adoption based on its easy installation and maintenance, cost-effectiveness, and high moisture-resistance, is currently driving the North America vinyl flooring market. 

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the region resulting in the temporary halt in numerous construction activities, thereby limiting the overall demand for vinyl flooring. 

Based on the product type, the North America vinyl flooring market has been segmented into vinyl sheets, luxury vinyl tiles (LVT), and vinyl composition tiles (VCT). Among these, luxury vinyl tiles (LVT) hold the majority of the total market share.

Based on the sector, the North America vinyl flooring market can be divided into residential and commercial. Currently, the residential sector exhibits a clear dominance in the market.

On a regional level, the market has been classified into United States, Canada, and Mexico, where United States currently dominates the North America market.

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