Vinyl Flooring Market Size 2021 latest application trend and better investment opportunities by forecast to 2027
global 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 51.45 billion during the forecast period 2021–2028. Vinyl is a proven long-lasting and practical solution, attracting more consumers and hence a perceiving a wide uptake. Also, easy to fix and maintenance-free vinyl flooring finds diversified uptake across the non-residential segment. Today, consumers are increasingly paying more attention to aesthetic interior value while preferring low maintenance products. Carpets and flooring featuring in several government buildings and facilities across the globe demonstrate improved aesthetic value. Moreover, expanding infrastructural development activities escalate the market growth to furthered height. According to Market Research Future (MRFR), the vinyl flooring market is poised to garner exponential traction by 2022, registering an impressive CAGR during the ...