Luxury Vinyl Tiles Market is Expected to grow at a robust CAGR of 5.75% through 2030F

The increasing global Luxury Vinyl Tiles market is driven by Surge in Demand for Rigid Core LVT (SPC & WPC), Integration of Acoustic and Antimicrobial Technologies during the forecast period 2026-2030F.

According to TechSci Research report, “Luxury Vinyl Tiles Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2020-2030F”, The Global Luxury Vinyl Tiles Market was valued at USD 25.28 Billion in 2024 and is expected to reach USD 35.67 Billion by 2030 with a CAGR of 5.75% during the forecast period. Rigid Core LVT — including Stone Plastic Composite (SPC) and Wood Plastic Composite (WPC) — has rapidly gained market traction due to its enhanced performance characteristics. These products offer dimensional stability, dent resistance, and waterproof capabilities, making them ideal for both residential and commercial use. SPC, in particular, is favored for its strength and thinner profile, while WPC is appreciated for added comfort and insulation. Rigid core LVT eliminates many of the installation issues found in flexible LVT formats, offering click-lock systems that are easy to install and suitable for uneven subfloors. As consumer demand shifts toward high-performance flooring with minimal maintenance, rigid core formats are capturing increasing market share. Manufacturers are expanding SPC/WPC portfolios to include soundproofing, thermal resistance, and antimicrobial layers, addressing both functional and health-conscious buyer concerns.

The post-pandemic focus on health, hygiene, and comfort has significantly influenced consumer behavior in the LVT market. LVT manufacturers are now embedding antimicrobial coatings and acoustic backing layers into their products. Acoustic LVT is particularly in demand in multi-story buildings, hospitals, hotels, and schools, where noise reduction is critical. At the same time, antimicrobial surfaces help inhibit bacterial and fungal growth, making LVT ideal for healthcare settings. These features have become major decision-making criteria, especially in public tenders and large institutional projects. Moreover, multi-layered LVT products now offer up to 22dB sound reduction, meeting international noise insulation standards. Leading brands are collaborating with chemical companies to embed silver ion-based antimicrobial technologies into wear layers, expanding LVT’s relevance in health-sensitive environments.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the " Global Luxury Vinyl Tiles Market"

Based on product type, Rigid LVT is the fastest growing segment in the global Luxury Vinyl Tiles market during the forecast period, due to its enhanced structural stability, durability, and installation convenience. Unlike flexible LVT, rigid formats feature a dense, multi-layer core that offers superior dimensional stability, even in areas with temperature fluctuations or high moisture exposure. These characteristics make it highly suitable for both residential and commercial spaces, especially in kitchens, bathrooms, and basements. SPC and WPC flooring have rapidly gained market traction due to their DIY-friendly click-lock systems, which eliminate the need for adhesives and significantly reduce labor costs. Additionally, rigid LVT’s improved sound insulation, underfoot comfort, and scratch resistance appeal to a broader consumer base. With growing consumer expectations for performance and aesthetic versatility, manufacturers are increasingly offering rigid LVT with embossed-in-register (EIR) textures, enhanced wear layers, and realistic digital-printed visuals that mimic natural wood and stone.

The segment is also benefiting from expansion into non-traditional markets, such as healthcare, hospitality, and multi-family housing, where product longevity and easy maintenance are critical. Moreover, the rising preference for zero-VOC, phthalate-free materials aligns with rigid LVT's eco-friendly manufacturing capabilities, enabling it to meet green building standards like LEED and BREEAM. Major brands such as Mohawk, Shaw, Karndean, and Gerflor are expanding their rigid core offerings to meet growing demand, while Asian manufacturers are ramping up exports to North America and Europe. As consumers increasingly prioritize flooring that combines aesthetic realism, performance, and installation efficiency, rigid LVT is positioned to lead product category growth in the forecast period.

Based on region, Asia Pacific is the fastest growing region in the Global Luxury Vinyl Tiles Market during the forecast period driven by rapid urbanization, economic development, and infrastructure expansion across countries like China, India, Vietnam, and Indonesia. The rising demand for affordable, durable, and easy-to-install flooring solutions in both residential and commercial sectors is fueling regional market growth. With increasing investments in real estate, hospitality, education, and healthcare, developers are seeking flooring materials that offer cost-efficiency, water resistance, and design flexibility, all of which LVT delivers. China remains a production powerhouse and key exporter of LVT, supporting the region’s dominance in supply. At the same time, India and Southeast Asian countries are seeing rapid domestic consumption due to rising disposable incomes and growing middle-class populations. The boom in home renovation and demand for DIY-friendly flooring solutions, especially in metropolitan cities, has accelerated the adoption of click-lock and rigid core LVT formats.

Governments in countries like Japan and South Korea are also investing in eco-conscious building materials, which aligns with the growing trend of low-VOC and recyclable LVT. Moreover, multinational LVT companies are establishing manufacturing and R&D hubs across Asia to take advantage of lower production costs, proximity to raw materials, and access to skilled labor. Retail expansion and e-commerce penetration have further boosted market accessibility, enabling consumers to browse and buy LVT products with convenience. Design-conscious consumers in Asia Pacific are increasingly drawn to the aesthetic realism of digitally printed LVT, available in wood, stone, and custom visuals. With strong construction activity, favorable demographic trends, and cost-effective manufacturing infrastructure, Asia Pacific is well-positioned to lead the global LVT market growth during the forecast period.

Key market players in the Global Luxury Vinyl Tiles market are: -

• Mohawk Industries, Inc.             
• Shaw Industries Group, Inc.
• Tarkett S.A.
• Armstrong Flooring, Inc.
• Gerflor Group
• Interface, Inc.
• Forbo Flooring Systems
• Mannington Mills, Inc.
• Beaulieu International Group
• Karndean Designflooring             

Download Free Sample Report

Customers can also request for 10% free customization on this report.

“The global Luxury Vinyl Tiles (LVT) market presents robust opportunities driven by urbanization, rising renovation trends, and demand for durable, aesthetic flooring across residential and commercial sectors. Advancements in rigid core technology, digital printing, and eco-friendly manufacturing open avenues for premium product offerings. Emerging markets in Asia Pacific, Latin America, and Africa provide untapped potential due to growing construction and modernization. Additionally, rising e-commerce adoption and the popularity of DIY installation formats create new distribution and consumer engagement models. As green building standards tighten, LVT's sustainable variants can further penetrate institutional and government-funded infrastructure projects worldwide.Top of Form” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.

“Luxury Vinyl Tiles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Flexible LVT, Rigid LVT, Glue-down LVT, Loose Lay LVT), By Installation Type (Glue Down, Click (Floating), Loose Lay), By End User (Residential, Commercial, Others), By Region & Competition, 2020-2030F,” has evaluated the future growth potential of Global Luxury Vinyl Tiles Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Luxury Vinyl Tiles Market.

Contact

TechSci Research LLC

420 Lexington Avenue,

Suite 300, New York,

United States- 10170

M: +13322586602

Email: [email protected]

Website: https://www.techsciresearch.com