According to the latest report by IMARC Group, titled “India Vinyl Flooring Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the India vinyl flooring market reached a volume of 44 Million Sq. Metres in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026.
India Vinyl Flooring Market Overview:
Vinyl flooring, or resilient flooring, is a fusion of natural and synthetic polymer materials pressed together in repeating structural units. It is commercially available in sheet and tile flooring variants. Amongst these, sheet flooring offers the ease of installation and enhanced water resistance, whereas vinyl tile is usually preferred for its aesthetic value. As compared to other floorings, vinyl flooring is more cost-effective, durable, and stain-proof. It can be manufactured in various textures, colors, designs, and styles, such as marble, wood, stone, and hardwood.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The positive growth of the India vinyl flooring market can be attributed to rapid urbanization, increasing purchasing power, and improving living standards of consumers. The establishment of smart cities and the rise in construction and renovation projects in urban areas are further catalyzing the market growth.
Additionally, the escalating demand for lightweight, low maintenance, and cost-effective construction materials in residential projects is driving the market growth. Moreover, manufacturers are increasingly employing advanced production techniques, which is attracting numerous investors, thus creating a positive outlook for the market in the country.
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Important Note: If the link is not clickable please open it in a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Key Market Segmentation Breakup by:
Sector:
- Residential
- Commercial
Segment:
- Organized
- Unorganized
Imports Vs Domestic Manufacturing:
- Imports
- Domestic Manufacturing
Product Type:
- Vinyl Sheet
- Luxury Vinyl Tile (LVT)
- Vinyl Composition Tile (VCT)
LVT Market Breakup by Type:
- Traditional LVT
- WPC
- SPC
LVT Market Breakup by Application Sector:
- Commercial
- Healthcare
- Education
- Hospitality
- Retail
- Corporate
- Sports
- Others
- Residential
Vinyl Sheet Market Breakup by Contract Type:
- Semi-Contract Sheet Vinyl
- Contract Sheet Vinyl
- Others
The Vinyl Sheet Market Breakup by Application Sector:
- Commercial
- Healthcare
- Hospitality
- Transport
- Education
- Sports
- Retail
- Others
- Residential
Competitive Landscape:
India Vinyl Flooring Market is fragmented in nature with the presence of numerous small and large manufacturers who compete in terms of prices and quality. The report provides the competitive structure of the industry and market shares of the leading manufacturers in the domestic as well as import market.
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Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Also Read: India Crane Market Research Report 2022-2027: https://shiftscraft.com/india-crane-market-size-top-brands-share-report-2022-2027/