The Global Luxury Vinyl Tiles and LVT Floorings Market was valued at USD 18.45 Billion in 2024 and is projected to reach USD 28.67 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period (2024–2030). The U.S. market alone accounts for USD 4.98 Billion in 2024, expected to reach USD 7.51 Billion by 2030 at a CAGR of 7.1%. This expansion stems from rising demand for waterproof, durable flooring that combines the aesthetics of natural materials with advanced functionality.

As commercial and residential sectors prioritize flooring solutions that withstand heavy foot traffic while offering design versatility, LVT manufacturers are innovating in digital printing, sustainable materials, and installation technologies. Below is an analysis of the Top 10 Companies in the Luxury Vinyl Tiles and LVT Floorings Industry—market leaders setting new benchmarks for performance and design.

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🔟 1. Tarkett S.A.

Headquarters: Nanterre, France
Key Offering: Vinyl composition tiles (VCT), Luxury Vinyl Planks (LVP), Heterogeneous LVT

Tarkett leads the global LVT market with comprehensive commercial and residential flooring solutions. Their patented iD Revolution technology achieves photo-realistic wood/stone visuals with enhanced scratch resistance through advanced digital printing.

Sustainability Leadership:

• Operating closed-loop recycling programs across 12 countries
• 30% recycled content target across vinyl products by 2025
• First flooring manufacturer to achieve Cradle-to-Cradle certification

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9️⃣ 2. Armstrong Flooring, Inc.

Headquarters: Lancaster, Pennsylvania, USA
Key Offering: Rigid Core LVT, Modular LVT, Hybrid Flooring

Armstrong’s Luxury Plank collections feature proprietary Diamond 10 Technology™ wear layers that extend product life in high-traffic areas. The company maintains one of the largest North American distribution networks for LVT products.

Technical Advantages:

• Scratch resistance outperforming conventional LVT by 3x
• 100% phthalate-free material formulations
• Million square feet installed annually in healthcare facilities

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8️⃣ 3. Mannington Mills

Headquarters: Salem, New Jersey, USA
Key Offering: Aria Rigid Core, Restoration Collection, Commercial LVT

This 100+ year-old manufacturer combines artisan design with engineered durability. Their ArmorMax urethane coating delivers 10x better scratch resistance than standard commercial LVT finishes.

Sustainable Operations:

• Zero-VOC adhesive systems certified by FloorScore
• Solar-powered manufacturing reducing carbon footprint by 40%
• Water-based printing processes eliminating solvent use

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7️⃣ 4. Mohawk Industries

Headquarters: Calhoun, Georgia, USA
Key Offering: SolidTech Rigid Core, Pergo Extreme, Commercial LVT

Mohawk dominates volume production through strategic acquisitions including IVC (2015). Their Uniclic jointing system enables floating installations across all product categories without adhesives.

Market Position:

• Operates 7 dedicated LVT facilities across North America and Europe
• 20% global market share in rigid core segment
• Distributes to 12,000+ retail locations

Download FREE Sample Report: Global Luxury Vinyl Tiles and LVT Floorings Market – View in Detailed Research Report

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6️⃣ 5. Shaw Industries

Headquarters: Dalton, Georgia, USA
Key Offering: Floorté Pro, Repel, Coretec Plus

A Berkshire Hathaway subsidiary, Shaw revolutionized waterproof flooring with HydroCore technology—an impervious rigid core substrate that maintains dimensional stability during prolonged water exposure.

Circular Economy:

• Annual recycling of 300M+ lbs of vinyl material
• Eco-Cushion backing with 85% post-consumer content
• Closed-loop takeback program for commercial installations

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5️⃣ 6. LG Hausys

Headquarters: Seoul, South Korea
Key Offering: Hi-Mats LVT, ArtViV Laminates, Commercial Heterogeneous Tiles

LG’s technological leadership shines in Digital Grain embossing that synchronizes surface textures with high-definition printed patterns for unprecedented realism in wood/stone simulations.

Manufacturing Excellence:

• UV-cured wear layers with 50-micron protection
• Automated optical inspection ensuring 99.9% defect-free output
• R&D investment representing 4% of annual revenue

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4️⃣ 7. Forbo Flooring Systems

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

Forbo pioneers bio-based alternatives with Marmoleum—containing 97% natural materials including linseed oil, wood flour and jute, while matching conventional LVT’s waterproof performance.

Eco-Innovations:

• Cradle to Cradle Gold certification across collections
• Carbon-neutral manufacturing commitment by 2030
• Biodegradable backing options for residential applications

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3️⃣ 8. Karndean Designflooring

Headquarters: Nottingham, UK
Key Offering: Korlok, Art Select, Van Gogh Collections

This UK innovator created the industry’s first glue-free Korlok loose-lay system. Their patented Karlyn Sync technology aligns grain patterns across planks for seamless visuals.

Installation Breakthroughs:

• Micro-bevel edges preventing dirt accumulation
• 0.7mm wear layers optimized for residential use
• 30% faster installation versus traditional LVT

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2️⃣ 9. Beaulieu International Group

Headquarters: Waregem, Belgium
Key Offering: Repel Plus, Urban Loft, Commercial Homogeneous

Beaulieu’s UltraScape asymmetric locking enables installations on subfloor variances up to 5mm—solving a key renovation challenge in European retrofit markets.

Market Reach:

• Products distributed across 120+ countries
• Six specialized LVT production facilities in Europe
• 30% revenue growth in commercial segment (2020-2024)

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1️⃣ 10. Gerflor Group

Headquarters: Château-Thierry, France
Key Offering: Taraflex, Mipolam, Creatif Collections

Gerflor specializes in healthcare/education flooring with Bio-Care antimicrobial LVT that reduces surface bacteria by 99%. Their Revyon process achieves zero-waste production.

Sector Specialization:

• 1 billion square feet installed in healthcare facilities globally
• Seamless heat-welded joints meeting infection control standards
• 70% market share in European hospital flooring

Get Full Report Here: Global Luxury Vinyl Tiles and LVT Floorings Market – View in Detailed Research Report

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🏢 Outlook: Resilient Growth Through Technological Advancement

The LVT market transformation centers on overcoming historical limitations through material science and digital fabrication. New rigid core constructions now provide stone-/wood-like flooring with superior dimensional stability and easier installation.

📈 Market-Shaping Trends:

• Commercial adoption of 20mm+ thick seamless LVT systems
• Bio-based material penetration reaching 15% of new products
• Smart flooring with embedded sensors for space utilization tracking
• Direct-to-consumer customization through augmented reality platforms

Get Full Report Here: Global Luxury Vinyl Tiles and LVT Floorings Market – View in Detailed Research Report

These industry leaders are redefining surface solutions through continuous innovation—delivering premium aesthetics, unparalleled durability, and sustainable performance for modern built environments.