Industry: Chemical & Material
Published Date: 2025-02-07
Pages: 166 Pages
Report ld: 3426825
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Vinyl Plank Flooring Market Size(US$)

CAGR 2025-2031
6.2%
Market Size,2031
USD 13,280
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Vinyl Plank Flooring was estimated to be worth US$ 8765 million in 2024 and is forecast to a readjusted size of US$ 13280 million by 2031 with a CAGR of 6.2% during the forecast period 2025-2031.
Vinyl plank flooring, also called luxury vinyl flooring (LVF), is also 100 percent synthetic, but in these products, the core layer is a thicker, multi-layer PVC vinyl. Luxury vinyl comes in planks or tiles, sometimes called LVP and LVT, respectively. There are glue-down and loose-fit versions available, but also interlocking styles that join together in much the same way as laminate flooring planks.
The global top three vinyl plank flooring manufacturers include CFL Flooring, Zhejiang Bamboo Technology, and Tarkett, with a total market share of about 20%. The largest producer among them is CFL Flooring, with a market share of over 8%. China is the global leading vinyl plank flooring producing region, with a market share of over 60%. In terms of type, the market share of SPC reaches more than 45%. In the application field, the market share for residential use exceeds 70%.
This report aims to provide a comprehensive presentation of the global market for Vinyl Plank Flooring, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Vinyl Plank Flooring by region & country, by Type, and by Application.
The Vinyl Plank Flooring market size, estimations, and forecasts are provided in terms of sales volume (K Sqm) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vinyl Plank Flooring.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Vinyl Plank Flooring manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Vinyl Plank Flooring in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Vinyl Plank Flooring in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Market Overview
1.1 Vinyl Plank Flooring Product Introduction
1.2 Global Vinyl Plank Flooring Market Size Forecast
1.2.1 Global Vinyl Plank Flooring Sales Value (2020-2031)
1.2.2 Global Vinyl Plank Flooring Sales Volume (2020-2031)
1.2.3 Global Vinyl Plank Flooring Sales Price (2020-2031)
1.3 Vinyl Plank Flooring Market Trends & Drivers
1.3.1 Vinyl Plank Flooring Industry Trends
1.3.2 Vinyl Plank Flooring Market Drivers & Opportunity
1.3.3 Vinyl Plank Flooring Market Challenges
1.3.4 Vinyl Plank Flooring Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Vinyl Plank Flooring Players Revenue Ranking (2024)
2.2 Global Vinyl Plank Flooring Revenue by Company (2020-2025)
2.3 Global Vinyl Plank Flooring Players Sales Volume Ranking (2024)
2.4 Global Vinyl Plank Flooring Sales Volume by Company Players (2020-2025)
2.5 Global Vinyl Plank Flooring Average Price by Company (2020-2025)
2.6 Key Manufacturers Vinyl Plank Flooring Manufacturing Base and Headquarters
2.7 Key Manufacturers Vinyl Plank Flooring Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Vinyl Plank Flooring
2.9 Vinyl Plank Flooring Market Competitive Analysis
2.9.1 Vinyl Plank Flooring Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Vinyl Plank Flooring Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Vinyl Plank Flooring as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Loose-lay LVT
3.1.2 Dry-back LVT
3.1.3 SPC
3.1.4 WPC
3.2 Global Vinyl Plank Flooring Sales Value by Type
3.2.1 Global Vinyl Plank Flooring Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Vinyl Plank Flooring Sales Value, by Type (2020-2031)
3.2.3 Global Vinyl Plank Flooring Sales Value, by Type (%) (2020-2031)
3.3 Global Vinyl Plank Flooring Sales Volume by Type
3.3.1 Global Vinyl Plank Flooring Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Vinyl Plank Flooring Sales Volume, by Type (2020-2031)
3.3.3 Global Vinyl Plank Flooring Sales Volume, by Type (%) (2020-2031)
3.4 Global Vinyl Plank Flooring Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Vinyl Plank Flooring Sales Value by Application
4.2.1 Global Vinyl Plank Flooring Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Vinyl Plank Flooring Sales Value, by Application (2020-2031)
4.2.3 Global Vinyl Plank Flooring Sales Value, by Application (%) (2020-2031)
4.3 Global Vinyl Plank Flooring Sales Volume by Application
4.3.1 Global Vinyl Plank Flooring Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Vinyl Plank Flooring Sales Volume, by Application (2020-2031)
4.3.3 Global Vinyl Plank Flooring Sales Volume, by Application (%) (2020-2031)
4.4 Global Vinyl Plank Flooring Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Vinyl Plank Flooring Sales Value by Region
5.1.1 Global Vinyl Plank Flooring Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Vinyl Plank Flooring Sales Value by Region (2020-2025)
5.1.3 Global Vinyl Plank Flooring Sales Value by Region (2026-2031)
5.1.4 Global Vinyl Plank Flooring Sales Value by Region (%), (2020-2031)
5.2 Global Vinyl Plank Flooring Sales Volume by Region
5.2.1 Global Vinyl Plank Flooring Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Vinyl Plank Flooring Sales Volume by Region (2020-2025)
5.2.3 Global Vinyl Plank Flooring Sales Volume by Region (2026-2031)
5.2.4 Global Vinyl Plank Flooring Sales Volume by Region (%), (2020-2031)
5.3 Global Vinyl Plank Flooring Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Vinyl Plank Flooring Sales Value, 2020-2031
5.4.2 North America Vinyl Plank Flooring Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Vinyl Plank Flooring Sales Value, 2020-2031
5.5.2 Europe Vinyl Plank Flooring Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Vinyl Plank Flooring Sales Value, 2020-2031
5.6.2 Asia Pacific Vinyl Plank Flooring Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Vinyl Plank Flooring Sales Value, 2020-2031
5.7.2 South America Vinyl Plank Flooring Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Vinyl Plank Flooring Sales Value, 2020-2031
5.8.2 Middle East & Africa Vinyl Plank Flooring Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Vinyl Plank Flooring Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Vinyl Plank Flooring Sales Value
6.2.1 Key Countries/Regions Vinyl Plank Flooring Sales Value, 2020-2031
6.2.2 Key Countries/Regions Vinyl Plank Flooring Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Vinyl Plank Flooring Sales Value, 2020-2031
6.3.2 United States Vinyl Plank Flooring Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Vinyl Plank Flooring Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Vinyl Plank Flooring Sales Value, 2020-2031
6.4.2 Europe Vinyl Plank Flooring Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Vinyl Plank Flooring Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Vinyl Plank Flooring Sales Value, 2020-2031
6.5.2 China Vinyl Plank Flooring Sales Value by Type (%), 2024 VS 2031
6.5.3 China Vinyl Plank Flooring Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Vinyl Plank Flooring Sales Value, 2020-2031
6.6.2 Japan Vinyl Plank Flooring Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Vinyl Plank Flooring Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Vinyl Plank Flooring Sales Value, 2020-2031
6.7.2 South Korea Vinyl Plank Flooring Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Vinyl Plank Flooring Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Vinyl Plank Flooring Sales Value, 2020-2031
6.8.2 Southeast Asia Vinyl Plank Flooring Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Vinyl Plank Flooring Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Vinyl Plank Flooring Sales Value, 2020-2031
6.9.2 India Vinyl Plank Flooring Sales Value by Type (%), 2024 VS 2031
6.9.3 India Vinyl Plank Flooring Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 CFL Flooring
7.1.1 CFL Flooring Company Information
7.1.2 CFL Flooring Introduction and Business Overview
7.1.3 CFL Flooring Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 CFL Flooring Vinyl Plank Flooring Product Offerings
7.1.5 CFL Flooring Recent Development
7.2 Taizhou Huali New Materials
7.2.1 Taizhou Huali New Materials Company Information
7.2.2 Taizhou Huali New Materials Introduction and Business Overview
7.2.3 Taizhou Huali New Materials Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Taizhou Huali New Materials Vinyl Plank Flooring Product Offerings
7.2.5 Taizhou Huali New Materials Recent Development
7.3 Tianzhen Bamboo Flooring
7.3.1 Tianzhen Bamboo Flooring Company Information
7.3.2 Tianzhen Bamboo Flooring Introduction and Business Overview
7.3.3 Tianzhen Bamboo Flooring Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Tianzhen Bamboo Flooring Vinyl Plank Flooring Product Offerings
7.3.5 Tianzhen Bamboo Flooring Recent Development
7.4 NOX Corporation
7.4.1 NOX Corporation Company Information
7.4.2 NOX Corporation Introduction and Business Overview
7.4.3 NOX Corporation Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 NOX Corporation Vinyl Plank Flooring Product Offerings
7.4.5 NOX Corporation Recent Development
7.5 Zhejiang Walrus New Material
7.5.1 Zhejiang Walrus New Material Company Information
7.5.2 Zhejiang Walrus New Material Introduction and Business Overview
7.5.3 Zhejiang Walrus New Material Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Zhejiang Walrus New Material Vinyl Plank Flooring Product Offerings
7.5.5 Zhejiang Walrus New Material Recent Development
7.6 Tarkett
7.6.1 Tarkett Company Information
7.6.2 Tarkett Introduction and Business Overview
7.6.3 Tarkett Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Tarkett Vinyl Plank Flooring Product Offerings
7.6.5 Tarkett Recent Development
7.7 Zhangjiagang Yihua Rundong
7.7.1 Zhangjiagang Yihua Rundong Company Information
7.7.2 Zhangjiagang Yihua Rundong Introduction and Business Overview
7.7.3 Zhangjiagang Yihua Rundong Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Zhangjiagang Yihua Rundong Vinyl Plank Flooring Product Offerings
7.7.5 Zhangjiagang Yihua Rundong Recent Development
7.8 Zhejiang Kingdom
7.8.1 Zhejiang Kingdom Company Information
7.8.2 Zhejiang Kingdom Introduction and Business Overview
7.8.3 Zhejiang Kingdom Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Zhejiang Kingdom Vinyl Plank Flooring Product Offerings
7.8.5 Zhejiang Kingdom Recent Development
7.9 Mohawk
7.9.1 Mohawk Company Information
7.9.2 Mohawk Introduction and Business Overview
7.9.3 Mohawk Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Mohawk Vinyl Plank Flooring Product Offerings
7.9.5 Mohawk Recent Development
7.10 Jinka Flooring
7.10.1 Jinka Flooring Company Information
7.10.2 Jinka Flooring Introduction and Business Overview
7.10.3 Jinka Flooring Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Jinka Flooring Vinyl Plank Flooring Product Offerings
7.10.5 Jinka Flooring Recent Development
7.11 Novalis
7.11.1 Novalis Company Information
7.11.2 Novalis Introduction and Business Overview
7.11.3 Novalis Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Novalis Vinyl Plank Flooring Product Offerings
7.11.5 Novalis Recent Development
7.12 Zhangjiagang Elegant Plastics
7.12.1 Zhangjiagang Elegant Plastics Company Information
7.12.2 Zhangjiagang Elegant Plastics Introduction and Business Overview
7.12.3 Zhangjiagang Elegant Plastics Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Zhangjiagang Elegant Plastics Vinyl Plank Flooring Product Offerings
7.12.5 Zhangjiagang Elegant Plastics Recent Development
7.13 Zhejiang GIMIG Technology
7.13.1 Zhejiang GIMIG Technology Company Information
7.13.2 Zhejiang GIMIG Technology Introduction and Business Overview
7.13.3 Zhejiang GIMIG Technology Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Zhejiang GIMIG Technology Vinyl Plank Flooring Product Offerings
7.13.5 Zhejiang GIMIG Technology Recent Development
7.14 Dongshin Polymer
7.14.1 Dongshin Polymer Company Information
7.14.2 Dongshin Polymer Introduction and Business Overview
7.14.3 Dongshin Polymer Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Dongshin Polymer Vinyl Plank Flooring Product Offerings
7.14.5 Dongshin Polymer Recent Development
7.15 Armstrong
7.15.1 Armstrong Company Information
7.15.2 Armstrong Introduction and Business Overview
7.15.3 Armstrong Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Armstrong Vinyl Plank Flooring Product Offerings
7.15.5 Armstrong Recent Development
7.16 Mannington Mills
7.16.1 Mannington Mills Company Information
7.16.2 Mannington Mills Introduction and Business Overview
7.16.3 Mannington Mills Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Mannington Mills Vinyl Plank Flooring Product Offerings
7.16.5 Mannington Mills Recent Development
7.17 LG Hausys
7.17.1 LG Hausys Company Information
7.17.2 LG Hausys Introduction and Business Overview
7.17.3 LG Hausys Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 LG Hausys Vinyl Plank Flooring Product Offerings
7.17.5 LG Hausys Recent Development
7.18 Metroflor
7.18.1 Metroflor Company Information
7.18.2 Metroflor Introduction and Business Overview
7.18.3 Metroflor Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Metroflor Vinyl Plank Flooring Product Offerings
7.18.5 Metroflor Recent Development
7.19 Shaw Floors
7.19.1 Shaw Floors Company Information
7.19.2 Shaw Floors Introduction and Business Overview
7.19.3 Shaw Floors Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Shaw Floors Vinyl Plank Flooring Product Offerings
7.19.5 Shaw Floors Recent Development
7.20 Gerflor
7.20.1 Gerflor Company Information
7.20.2 Gerflor Introduction and Business Overview
7.20.3 Gerflor Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 Gerflor Vinyl Plank Flooring Product Offerings
7.20.5 Gerflor Recent Development
7.21 Forbo
7.21.1 Forbo Company Information
7.21.2 Forbo Introduction and Business Overview
7.21.3 Forbo Vinyl Plank Flooring Sales, Revenue, Price and Gross Margin (2020-2025)
7.21.4 Forbo Vinyl Plank Flooring Product Offerings
7.21.5 Forbo Recent Development
8 Industry Chain Analysis
8.1 Vinyl Plank Flooring Industrial Chain
8.2 Vinyl Plank Flooring Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Vinyl Plank Flooring Sales Model
8.5.2 Sales Channel
8.5.3 Vinyl Plank Flooring Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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