Global Luxury Vinyl Tile (LVT) Market Size, Share and Trends Analysis

The global Luxury Vinyl Tile (LVT) Market is expected to experience a robust growth trajectory with an approximate compound annual growth rate (CAGR) of 8.45% over the forecast period spanning from 2023 to 2031. This remarkable growth trajectory is primarily attributed to Growing demand for waterproof flooring, renovation projects and aesthetic appeal, a key market driver that is propelling the industry forward.