Vinyl Flooring Market Analysis, Revenue Analysis, PEST, Region & Country Forecast, 2022–2030
Vinyl Flooring Market The global vinyl flooring market is growing at a rapid pace. The market growth attributes to the augmented demand from the residential floorings segment and increasing purchasing power led by the improving economy worldwide. Vinyl is a proven long-lasting and practical solution, attracting more consumers and hence perceiving a wide uptake. Also, easy-to-fix and maintenance-free vinyl flooring find diversified uptake across the non-residential segment. According to Market Research Future (MRFR), the vinyl flooring market is poised to garner exponential traction by 2022, registering an impressive CAGR during the review period (2020–2028). Additionally, benefitting vinyl flooring properties, such as waterproofing, microbial protection, and decorative finishing, push the growth of the market. Rising urbanization and increasing commercial facilities in developing economies, such as India and China, generate growth opportunities for market players. However, vinyl...