The Global Luxury Vinyl Floor Tile (LVT) Market was valued at USD 32.75 billion in 2023 and is projected to reach USD 53.48 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2024-2032). This expansion is fueled by urbanization trends, demand for waterproof flooring, and the commercial sector’s shift toward durable, design-flexible solutions.

As digital printing and rigid core technologies transform the industry, we examine the Top 10 Companies in the Luxury Vinyl Floor Tile Industry—leaders merging aesthetics with performance through innovative material engineering.

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🔟 1. Shaw Industries Group, Inc.

Headquarters: Dalton, Georgia, USA
Key Offering: Floorté Pro, Repel HydroLoc

This Berkshire Hathaway subsidiary accounts for 22% of North American LVT capacity. Their HydroLoc waterproof technology incorporates 10 patented layers, including a military-grade wear surface.

Sustainability Initiatives:

• Cradle to Cradle Certified Gold for 12 product lines

• Recycles 300 million pounds of material annually

• Zero-waste-to-landfill at all US manufacturing sites

Download FREE Sample Report: Luxury Vinyl Floor Tile Market – View in Detailed Research Report

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9️⃣ 2. Tarkett S.A.

Headquarters: Paris, France
Key Offering: Tarkett Omnisports, iD Inspiration

Generating €3.2 billion annually, Tarkett dominates 18% of the European commercial LVT market. Their heterogeneous tile technology reduces installation time by 40% in large-scale projects.

Sustainability Initiatives:

• Closed-loop recycling at 7 global sites
• 45% reduction in greenhouse gas emissions since 2010

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8️⃣ 3. Mohawk Industries

Headquarters: Calhoun, Georgia, USA
Key Offering: Pergo Extreme, SolidTech Plus

Mohawk’s SmartLock installation system has been specified in over 25 million square feet of commercial spaces. Their proprietary urethane wear layer lasts 50% longer than industry standards.

Sustainability Initiatives:

• 34% recycled content across all product lines
• Zero-VOC adhesives certified by FloorScore®

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7️⃣ 4. Mannington Mills

Headquarters: Salem, New Jersey, USA
Key Offering: Adura Max, Commercial LVT

Mannington’s ArmorMAX coating technology achieves 35% better scratch resistance than competing products. Their healthcare-grade LVT features permanent Microban® antimicrobial protection.

Sustainability Initiatives:

• 100% renewable energy at primary production facility
• NSF 332 Gold Certified sustainable products

Download FREE Sample Report: Luxury Vinyl Floor Tile Market – View in Detailed Research Report

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6️⃣ 5. Karndean Designflooring

Headquarters: High Wycombe, UK
Key Offering: Korlok Select, Art Select

The UK market leader uses 16-bit HD printing to achieve wood and stone reproductions with 99% visual accuracy. Their patented loose-lay systems require no adhesives for temporary installations.

Sustainability Initiatives:

• Pthalate-free formulations since 2015
• ISO 14001 certified manufacturing

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5️⃣ 6. Armstrong Flooring

Headquarters: Lancaster, Pennsylvania, USA
Key Offering: Luxe Plank, STRONG technologies

Armstrong’s Diamond 10 technology creates wear layers that withstand 10+ years of heavy commercial traffic. Their bio-based plasticizers reduce VOC emissions by 78% versus conventional LVT.

Sustainability Initiatives:

• 53% post-industrial recycled content
• Declare labels for material transparency

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4️⃣ 7. Forbo Flooring Systems

Headquarters: Baar, Switzerland
Key Offering: Marmoleum LVT, Flotex Hybrid

Forbo’s linseed oil-based LVT achieves 99% natural composition. Their patented UniFit interlock system allows 400% faster installation versus traditional glue-down methods.

Sustainability Initiatives:

• Cradle to Cradle Platinum certification
• Carbon neutral since 2016

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3️⃣ 8. LG Hausys

Headquarters: Seoul, South Korea
Key Offering: Hi-Macs Stone, Viatera

LG’s proprietary surface hardening technology produces LVT with 3X the abrasion resistance of standard products. Their Asia-Pacific market share grew 28% year-over-year in 2023.

Sustainability Initiatives:

• 25% bio-based plasticizer content
• REACH and RoHS compliant formulations

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2️⃣ 9. Gerflor Group

Headquarters: Mions, France
Key Offering: Taralay Impression, Creation Collection

Gerflor’s 3D embossing technology creates texture depths up to 0.5mm for ultra-realistic surfaces. Their specialized sports flooring meets 92 international athletic federation standards.

Sustainability Initiatives:

• 38% renewable raw materials
• EPD-certified sustainable production

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1️⃣ 10. Beaulieu International Group

Headquarters: Wielsbeke, Belgium
Key Offering: Modul’up, UltraFloor Click

Beaulieu’s modular replacement system lets users swap damaged tiles without full floor removal. Their 100% virgin vinyl formulation ensures color consistency across production batches.

Sustainability Initiatives:

• 100% renewable electricity at Belgian plants
• Zero volatile organic compound emissions

Read Full Report: Luxury Vinyl Floor Tile Market – View in Detailed Research Report

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🏭 Outlook: Next-Generation LVT Innovations

The luxury vinyl tile sector is evolving beyond aesthetics to address circular economy demands and smart building integration.

📈 Emerging Industry Trends:

• Chip-less digital printing enabling infinite design customization
• 50% faster installation through enhanced interlock systems
• Conductive LVT for underfloor heating compatibility
• Antimicrobial formulations for healthcare applications

Read Full Report: Luxury Vinyl Floor Tile Market – View in Detailed Research Report

These market leaders continue redefining flooring performance through material science breakthroughs that blend sustainability with cutting-edge design.