Vinyl Flooring Industry 2023 Executive Summary, Segmentation, Review, Trends, Opportunities, Growth, Demand, and Forecast to 2030
Vinyl Flooring Industry vinyl flooring market value is registered as USD 32.37 billion and is estimated to grow at a significant rate of 6.8% CAGR along with the vinyl flooring market size of USD 58,685.1 Million during the forecast period 2022-2030 Expanding infrastructural development activities along with improving economic conditions worldwide majorly drive market growth. Moreover, properties that Vinyl Flooring offers like waterproofing, and microbial protection adding a dash to the decorative finish are pushing the market growth. This is backed by the rising urbanization in developing economies like India and China coupled with increasing commercial facilities are generating growth opportunities for the Vinyl Flooring Industry . Vinyl is a proven economical long-lasting solution for flooring attracting more consumers and hence perceiving a wide uptake. Easy to fix & maintenance-free vinyl flooring finds diversified uptake across the non-residential segment. Consumers are incr...