What is PVC Floor?
PVC Flooring is a type of strong flooring. PVC stands for polyvinyl chloride, a multipurpose material, which is used in the manufacture of many household fixtures such as floors, windows, pipe fittings, and doors. PVC flooring is used for residential as well as commercial use. PVC is resistant to water and is recognized for its long-wearing strength. Increasing standard of living as well as Growing of urbanization are also expanding the PVC flooring market
The market study is broken down by Type (Homogeneous, Heterogeneous, Vinyl tiles (VT) and Luxury vinyl tiles (LVT)) and major geographies with country level break-up. and may see market size of USD1.8 Billion by 2026.
Analysts at AMA Research estimates that Manufacturers from Chinese will contribute to the maximum growth of Global PVC Floor market throughout the predicted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LG Hausys (South Korea), Armstrong (United States), Gerflor (United Kingdom), Polyflor (James Halstead) (United Kingdom), Bonie (China), Takiron (Japan), HANWHA (South Korea), Forbo (Switzerland), Dajulong (China) and Mannington (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Suzhou Huatai (China), Taoshi (China) and Serfleks (Turkey).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global PVC Floor market by Type, Application and Region.
On the basis of geography, the market of PVC Floor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Coiled Floor will boost the PVC Floor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Residential will boost the PVC Floor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 16th August 2018, Armstrong World Industries, Inc. has acquired Steel Ceilings, Inc. (SCI), a manufacturer of standard and custom aluminum and stainless metal ceilings. and On 17th May 2018, Gerflor SAS group has acquired the linoleum activities of the insolvent DLW Flooring GmbH. Deal included the takeover by Gerflor of the manufacturing plant in Delmenhorst (Germany) as well as a part of the company’s sales force and support functions.
In The United States, The U.S. Green Building Council, the nation's largest green building organization, released a report on PVC building materials. The report included that PVC is not a healthy building material because PVC leads to the discharge of hazardous quantities of dioxin and other carcinogens.
Market Trend
- Upsurging Popularity Due To Resistant To Water and Dirt
- Rising Demand Due to New Style and Design
Market Drivers
- Increasing Economic Development
- Growth in Number of Constructions
- Changing Lifestyle
Opportunities
- Technological Advancement in PVC Floor
Restraints
- Rising Environmental Awareness
- High Cost of PVC Flooring
Key Target Audience
PVC Floor Manufacturers, Row Material Provider, PVC Floor Distributors/Traders/Wholesalers, Industry Association, Downstream Vendors, Potential Investors, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.