“Increasing Construction Activity”
- A significant and accelerating trend in the global luxury vinyl tiles market is the rise in residential and commercial construction, driven by urbanization, infrastructure development, and real estate investments across emerging and developed economies
- For instance, large-scale residential housing projects and commercial facilities in regions such as Asia-Pacific and the Middle East are fueling demand for affordable, durable, and visually appealing flooring materials such as luxury vinyl tiles, which offers high performance in high-traffic areas
- luxury vinyl tiles products are increasingly specified in both new constructions and remodeling projects due to their water resistance, ease of installation, and ability to replicate natural materials such as wood and stone, without the cost and maintenance associated with traditional materials
- Manufacturers are introducing enhanced luxury vinyl tiles collections with improved surface coatings, acoustics, and design authenticity, making them a preferred flooring solution for applications in offices, hospitality, education, and healthcare environments
- This growing application in diverse sectors is creating strong momentum for luxury vinyl tiles adoption, pushing companies such as Tarkett and Shaw Industries to expand their portfolios with purpose-driven solutions tailored to specific commercial and institutional needs
- The demand for resilient and stylish flooring that supports faster project timelines and cost efficiency is expected to keep luxury vinyl tiles at the forefront of flooring trends across global construction sectors
