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Join date: Dec 10, 2021

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The global vinyl flooring market size was estimated at USD 25.6 billion in 2018 and is expected to expand at a CAGR of 7.4% from 2019 to 2025. Rising demand for low maintenance, cost-efficient, and lightweight construction materials in residential construction is likely to drive the market for vinyl floorings over the forecast period. Rising demand for the product in high-traffic area construction segments such as offices and commercial spaces is likely to support market growth. The product is considered to be a cost-effective alternative for wood and carpet tiles. Furthermore, superior comfort and noise control offered by these floors are expected to propel their demand in multistory buildings over the projected period.

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