Vinyl flooring offers durability, low maintenance and multiple design possibilities. Of all the different segments of today's flooring industry, there is no doubt that vinyl flooring is proving to be the most popular - even among industry standards such as tile, SPC Flooring, solid wood laminate and laminate flooring.
It also continues to supplant itself as the flooring industry leader, second only to carpet in terms of market share, according to a report by Floor Covering News. Vinyl flooring, also known as resilient flooring, has earned its reputation as the venerable flooring system for a host of reasons. Here are a few of those reasons.
Luxury vinyl tile is leading the way
As one of the many subcategories of vinyl flooring (vinyl flooring comes in sheets, tiles and planks), LVT has a sizable share of the overall Vinyl Flooring pie at $949 million, or 43% of the overall resilient flooring category. That's because LVT is user-friendly, which means it's easy to install and can be laid on any terrain. In particular, LVT contains more vinyl, which in turn creates a better performing flooring system that looks more realistic.
The popularity of vinyl flooring has a lot to do with the real estate market
Another reason vinyl flooring manufacturers have been so busy is the continued growth of the commercial and residential markets. The residential market in particular is proving to be a big boon for vinyl flooring. According to Floor Covering News, the residential market accounts for almost half of the vinyl flooring market in terms of replacement flooring. Business growth in various industries has also proven to help the vinyl flooring sector. More and more companies are turning to durable and practical vinyl flooring products to outfit their headquarters or retail centers.
Vinyl flooring is family friendly
Durable, low-maintenance and easy on the budget, vinyl flooring is the perfect flooring solution for multi-family homes, apartments, townhouses or condominiums. For families with pets, children and tight budgets, these floors work well in newly built homes. Durable, as they can take a beating and still maintain quality. Low maintenance because any scuffs can be easily dealt with. Let's face it, vinyl flooring isn't as expensive as other flooring systems. Another reason vinyl flooring works well with multi-family buildings is the design implications. Vinyl flooring has the most realistic look possible. Its design possibilities are endless.
As an established Vinyl Flooring Manufacturers, we have a wide selection of flooring solutions that authentically reflect the look of most natural flooring systems - such as granite, marble, limestone and wood - as well as metal surfaces and other unique finishes. Contact us today to see for yourself why vinyl flooring is leading the way.