Luxury Vinyl Flooring Segmentation
Installation Type (Glue-Down, Floating)
In terms of installation type, the glue-down segment in luxury vinyl flooring market is anticipated to dominate the revenue by the end of 2037. Glue-down luxury vinyl flooring installation has become increasingly popular because of its many benefits. It provides a durable and seamless flooring solution that is perfect for high-traffic areas in homes and businesses. The adhesive used in the installation creates a strong bond, ensuring that the flooring remains secure even in busy environments.
End User (Residential, Commercial)
Based on end users, the commercial segment in luxury vinyl flooring market is poised to hold the fastest share during the forecast period. Hotels are increasingly turning to luxury vinyl flooring (LVF) due to its many benefits. With a variety of design options, including lifelike wood and stone appearances, LVF enables hotels to craft visually appealing spaces that reflect their brand image.
In addition, LVF is exceptionally durable and can withstand scratches, stains, and water damage, making it well-suited for high-traffic areas for example hotel lobbies, hallways, and guest rooms. Furthermore, LVF is easy to upkeep, requiring only simple cleaning procedures, which is advantageous for hotel staff.
Our in-depth analysis of the global market includes the following segments:
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