ProcureHub · Direct Materials · Global
Vinyl Flooring - LVT: Market Size & Forecast 2026
The global luxury vinyl tile (LVT) flooring market stands at approximately USD 28.5 billion in 2025 (base year), growing at a 6.8 percent CAGR through 2032 to reach roughly USD 45 billion. Rigid core formats (SPC and WPC) now command 52 percent of product volume, having displaced flexible glue-down LVT as the default specification for mid-range residential and commercial projects. The category sits in a structurally tight demand-supply position: North American and European replacement demand runs ahead of incremental manufacturing additions, while Chinese-origin supply faces stacked Section 301 and Section 122 duties that have re-routed import flows and lifted landed costs by 15 to 30 percent depending on origin. > **Analyst Take.** The consensus 6.8 percent CAGR looks aggressive on the out-year math: a 6.8 percent CAGR implies the market roughly doubles between 2025 and 2032 in a mature
Official data · Claight AnalysisForecast
Market size and CAGR extracted from the published Claight report; figures match the report..
2025 base: $30.4bn2032 est: $41.9bn
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Connect to an analyst →Market size and forecast are Claight Analysis, informed by public research and industry data. Historical years before 2025 and all forecast years are Claight estimates at the stated CAGR. Retrieved 2026.