| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 15.88 Billion |
| Market Size (2030) | USD 23.22 Billion |
| CAGR (2025 - 2030) | 7.89% |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Luxury Vinyl Tile Market Analysis
The North America Luxury Vinyl Tile Market size is estimated at USD 15.88 billion in 2025, and is expected to reach USD 23.22 billion by 2030, at a CAGR of 7.89% during the forecast period (2025-2030).
Luxury vinyl tile demand is anticipated to be driven by the expanding building sector, an increase in remodeling and renovation projects, and the growing appeal of tiles. The building sector has expanded due to a rise in real estate investments. The growth in constructing commercial structures, including offices, commercial complexes, and educational facilities, drives the market's desire for high-end vinyl tiles. The demand for premium vinyl tiles will rise as more housing projects are built globally. In addition, the market for vinyl flooring has expanded in terms of performance, installation, and design due to growing technological developments in the manufacturing process. The market is positively impacted by variables, including rising costs for remodeling and construction projects.
Furthermore, government changes and regulations aimed at bolstering the expansion of their infrastructure and real estate sectors may boost the growth of the building sector and increase demand for high-end vinyl tiles. The need for luxury vinyl tiles is driven by customers' inclination towards improved interior design and aesthetics, particularly regarding flooring, as living standards rise.
North America Luxury Vinyl Tile Market Trends
The Residential Segment Leads the Market
LVTs have several qualities, including resilience to harsh weather, comfort, and durability, in addition to improving a building's visual attractiveness. During the forecast period, these factors are anticipated to propel the residential segment of the market. Furthermore, the rising number of existing home remodeling and restoration projects is being driven by rising per capita income and fast urbanization. Luxury vinyl tile demand in the residential market is also anticipated to be driven by rising maintenance costs. Because luxury vinyl tiles are waterproof, they are ideal for basements, laundry rooms, kitchens, and bathrooms. Moreover, LVTs in bedrooms don't collect dust or pet dander.
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Increasing Luxury Vinyl Tile Market in United States
The luxury vinyl tile (LVT) market in the United States has been experiencing significant growth in recent years. LVT has gained popularity among consumers and commercial sectors due to its durability, affordability, and aesthetic versatility. Resilient flooring, including LVT, has become increasingly popular among consumers in the United States. LVT's versatility makes it suitable for various applications in both residential and commercial settings. It is suitable for installation in commercial spaces like retail stores, healthcare facilities, and offices, as well as high-traffic areas like kitchens, bathrooms, and corridors. The commercial sector has been significantly used in Industries such as hospitality, healthcare, retail, and offices, which have embraced LVT for its durability, design flexibility, and ease of maintenance. As commercial construction and renovation projects continue to rise, the demand for LVT in these sectors is expected to increase.
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North America Luxury Vinyl Tile Industry Overview
The luxury vinyl tile (LVT) market in North America needs to be more cohesive. Major foreign companies involved in the LVT market in North America are included in the research. In terms of market share, a select group of large enterprises now dominate the market, including Mohawk Industries, LG Hausys, Tarkett, Interface, and Gerflor. But with product and technology advances, by expanding market share, mid-size and smaller businesses win new business and break into untapped sectors.
North America Luxury Vinyl Tile Market Leaders
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Mohawk Industries
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LG Hausys
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Tarkett
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Interface
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Gerflor
- *Disclaimer: Major Players sorted in no particular order
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North America Luxury Vinyl Tile Market News
- In December 2023, Galleher, the third-biggest flooring distributor and the largest in the western United States was acquired by operations-focused middle market private equity company transom capital, allowing it to enter the premium flooring industry.
- In September 2023, AHF Products, a residential and commercial flooring manufacturer based in Mountville, and Spartan Surfaces signed a distribution agreement for parterre flooring.
North America Luxury Vinyl Tile Industry Segmentation
Vinyl tiles that mimic natural materials like stone and wood are known as luxury vinyl tiles. A complete background analysis of the North American LVT market, which includes an assessment of the significant changes in market dynamics, a competitive landscape, and a market overview, is covered in the report. The market is segmented by product category, which includes rigid and flexible; end users including residential and commercial; distribution channel including home centers, flagship stores, specialty stores, online stores, and other distribution channels; and country, including United States, Canada, and rest of North America. The report offers market size and forecasts for the North American luxury vinyl tile market regarding revenue (USD) for all the above segments.
| By Product Type | Rigid |
| Flexible | |
| By End User | Residential |
| Commercial | |
| By Distribution Channel | Home Centers |
| Flagship Stores | |
| Specialty Stores | |
| Online Stores | |
| Other Distribution Channels | |
| By Country | United States |
| Canada | |
| Rest of North America |
By Product Type
| Rigid |
| Flexible |
By End User
| Residential |
| Commercial |
By Distribution Channel
| Home Centers |
| Flagship Stores |
| Specialty Stores |
| Online Stores |
| Other Distribution Channels |
By Country
| United States |
| Canada |
| Rest of North America |
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North America Luxury Vinyl Tile Market Research FAQs
How big is the North America Luxury Vinyl Tile Market?
The North America Luxury Vinyl Tile Market size is expected to reach USD 15.88 billion in 2025 and grow at a CAGR of 7.89% to reach USD 23.22 billion by 2030.
What is the current North America Luxury Vinyl Tile Market size?
In 2025, the North America Luxury Vinyl Tile Market size is expected to reach USD 15.88 billion.
Who are the key players in North America Luxury Vinyl Tile Market?
Mohawk Industries, LG Hausys, Tarkett, Interface and Gerflor are the major companies operating in the North America Luxury Vinyl Tile Market.
What years does this North America Luxury Vinyl Tile Market cover, and what was the market size in 2024?
In 2024, the North America Luxury Vinyl Tile Market size was estimated at USD 14.63 billion. The report covers the North America Luxury Vinyl Tile Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Luxury Vinyl Tile Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Page last updated on: June 16, 2024
North America Luxury Vinyl Tile (LVT) Industry Report
Statistics for the 2025 North America Luxury Vinyl Tile (LVT) market share, size and revenue growth rate, created by Mordor Intelligenceâ„¢ Industry Reports. North America Luxury Vinyl Tile (LVT) analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
