The Global Luxury Vinyl Tiles Flooring Market was valued at USD 9,873 Million in 2023 and is projected to reach USD 16,260.13 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.70% during the forecast period (2023–2032). This growth is being driven by rising demand for resilient, low-maintenance flooring solutions, increasing residential and commercial renovations, and the growing emphasis on sustainable, eco-friendly materials in interior design across global markets.
As the flooring industry evolves toward more durable, aesthetically versatile, and environmentally responsible options, the focus turns to the leading manufacturers who are pioneering innovative designs, advanced production techniques, and sustainable practices. In this blog, we profile the Top 10 Companies in the Luxury Vinyl Tiles Flooring Industry—a blend of global giants, design innovators, and sustainability champions redefining modern flooring for homes, offices, and beyond.
🔟 1. Milliken & Company
Headquarters: Spartanburg, South Carolina, USA
Key Offering: Flexible and Rigid LVT, Custom Design Collections
Milliken & Company stands as a prominent force in the luxury vinyl tiles sector, renowned for its high-quality, performance-driven flooring solutions that blend durability with sophisticated aesthetics. The company’s LVT products cater to both commercial and residential applications, featuring advanced wear layers that withstand heavy foot traffic while mimicking natural materials like wood and stone. With a strong emphasis on research and development, Milliken continues to expand its portfolio to meet the demands of contemporary interior spaces.
Sustainability Initiatives:
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Incorporation of recycled content in manufacturing processes
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Low-VOC formulations to improve indoor air quality
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Commitment to carbon-neutral operations by 2050
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9️⃣ 2. Mohawk Industries
Headquarters: Calhoun, Georgia, USA
Key Offering: Rigid Core LVT, Waterproof Flooring Systems
Mohawk Industries dominates the North American market with its extensive range of luxury vinyl tiles, offering products that excel in moisture-prone environments such as kitchens and bathrooms. The company’s innovative rigid core technology provides superior stability and ease of installation, appealing to homeowners and contractors alike. Mohawk’s global reach allows it to supply flooring solutions that align with diverse architectural styles, from modern minimalist to rustic charm.
Sustainability Initiatives:
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Utilization of renewable energy in production facilities
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Partnerships for recycled material sourcing
8️⃣ 3. Armstrong Flooring
Headquarters: Lancaster, Pennsylvania, USA
Key Offering: Flexible LVT, Commercial-Grade Tiles
Armstrong Flooring has built a legacy in resilient flooring, with its luxury vinyl tiles gaining popularity for their commercial durability and residential elegance. Specializing in glue-down and click-lock systems, the company serves high-traffic areas like retail spaces and healthcare facilities. Its focus on realistic textures and patterns ensures that Armstrong’s products enhance any interior without compromising on functionality.
Sustainability Initiatives:
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Targets for 50% recycled content by 2030
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Certifications for floor score and green building standards
7️⃣ 4. Congoleum Corporation
Headquarters: Mercerville, New Jersey, USA
Key Offering: Resilient LVT, Inlaid Designs
Congoleum Corporation brings decades of expertise to the luxury vinyl tiles market, producing flooring that combines timeless durability with contemporary design flair. Known for its inlaid patterns that offer unique visual depth, Congoleum’s products are ideal for residential renovations where style meets practicality. The company’s commitment to American manufacturing supports local economies while delivering consistent quality.
Sustainability Initiatives:
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Development of phthalate-free formulations
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Energy-efficient production methods
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6️⃣ 5. Forbo Holding
Headquarters: Baar, Switzerland
Key Offering: Modular LVT, Eco-Friendly Tiles
Forbo Holding excels in sustainable luxury vinyl tiles, emphasizing marmoleum-inspired designs that integrate seamlessly with modular systems. Operating across Europe and beyond, Forbo’s products are favored in educational and hospitality sectors for their acoustic properties and ease of maintenance. The company’s forward-thinking approach ensures that its flooring contributes to healthier indoor environments.
Sustainability Initiatives:
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100% recyclable backing materials
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Global certifications for environmental impact reduction
5️⃣ 6. Gerflor Group
Headquarters: Lyon, France
Key Offering: Rigid and Flexible LVT, Sports Flooring
Gerflor Group is a European powerhouse in luxury vinyl tiles, offering specialized solutions for commercial applications including healthcare and sports venues. Its advanced printing technology delivers photorealistic visuals, making Gerflor’s tiles a go-to for designers seeking versatility. The company’s expansion into rigid core options has bolstered its presence in the residential market as well.
Sustainability Initiatives:
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Current production: Over 50 million square meters annually
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Target: Increase recycled content to 30% by 2026
4️⃣ 7. LG Hausys
Headquarters: Seoul, South Korea
Key Offering: High-Performance LVT, Waterproof Variants
LG Hausys leverages its technological prowess to produce premium luxury vinyl tiles that resist scratches and stains, perfect for high-use areas. With a strong foothold in Asia-Pacific, the company exports globally, providing affordable yet luxurious options that cater to urban living trends. LG’s innovation in core construction enhances the longevity of its flooring products.
Sustainability Initiatives:
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Investment in bio-based PVC alternatives
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Collaborations for circular economy practices
3️⃣ 8. Mannington Mills
Headquarters: Salem, New Jersey, USA
Key Offering: Adura® LVT, Design-Focused Collections
Mannington Mills is celebrated for its artistic approach to luxury vinyl tiles, offering collections that replicate exotic woods and marbles with remarkable fidelity. Serving both residential and commercial clients, Mannington’s products emphasize ease of installation and low maintenance, making them ideal for renovation projects. The company’s dedication to quality has earned it a loyal customer base worldwide.
Sustainability Initiatives:
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Phthalate-free and recyclable product lines
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Forest Stewardship Council certifications
2️⃣ 9. Shaw Industries Group
Headquarters: Dalton, Georgia, USA
Key Offering: Rigid Core LVT, Commercial Solutions
Shaw Industries Group, a Berkshire Hathaway company, leads in volume with its comprehensive luxury vinyl tiles lineup, including waterproof and anti-microbial options for diverse applications. Its integrated supply chain ensures cost efficiency and rapid delivery, supporting large-scale projects in offices and retail spaces. Shaw’s focus on innovation keeps it at the forefront of market trends.
Sustainability Initiatives:
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NetWorks® recycling program for post-consumer materials
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Goals for zero waste to landfill by 2025
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1️⃣ 10. Tarkett
Headquarters: Nanterre, France
Key Offering: iD Inspiration, Ultimategen™ LVT
Tarkett tops the list as a global leader in luxury vinyl tiles, supplying innovative products that prioritize sustainability and performance. With operations in over 100 countries, Tarkett’s tiles feature proprietary technologies like clicked systems for seamless installation. Its broad portfolio serves residential, commercial, and institutional needs, driving the industry’s shift toward greener practices.
Sustainability Initiatives:
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End-to-end cradle-to-cradle recycling
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Strategic alliances with architects for eco-design
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🌍 Outlook: The Future of Luxury Vinyl Tiles Flooring Is Innovative and Sustainable
The luxury vinyl tiles flooring market is experiencing transformative growth. While traditional materials persist, the sector is channeling significant investments into advanced composites, digital printing for customization, and bio-based alternatives to reduce environmental impact. This evolution is fueled by consumer preferences for versatile, long-lasting floors that align with wellness and sustainability goals.
However, challenges like raw material volatility and regulatory pressures on PVC usage are prompting manufacturers to innovate further. Because of these dynamics, the market is poised for expansion, particularly in emerging economies where urbanization drives demand for affordable luxury. Furthermore, the integration of smart features, such as antimicrobial coatings, is enhancing product appeal in healthcare and hospitality sectors.
📈 Key Trends Shaping the Market:
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Expansion of rigid core LVT for enhanced durability in wet areas
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Regulatory incentives for low-emission and recyclable materials
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Digitalization in design and manufacturing for personalized patterns
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Collaborations between flooring firms and interior designers for holistic solutions
Market Trends Affecting Luxury Vinyl Tiles Flooring Innovation and Sustainability
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Rise of Rigid Core Structures — This technology simplifies installation and boosts water resistance, making it ideal for modern homes. Companies like Mohawk and Shaw are leading with click-lock systems that eliminate the need for adhesives.
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Sustainable Material Sourcing — Manufacturers are shifting to recycled PVC and bio-resins to meet green building certifications. Tarkett’s cradle-to-cradle approach exemplifies how circular economy principles reduce waste and appeal to eco-conscious consumers.
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Advanced Design Customization — High-resolution digital printing allows for hyper-realistic imitations of hardwood and tile, expanding options for residential and commercial spaces. Forbo and Mannington are at the forefront, offering bespoke collections that cater to diverse aesthetics.
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Growth in Commercial Applications — With sectors like retail and offices rebounding, LVT’s durability and low maintenance are favored. Armstrong and Gerflor’s specialized lines for high-traffic areas demonstrate how functionality meets style in professional environments.
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Integration of Wellness Features — Antimicrobial treatments and low-VOC emissions are becoming standard, addressing health concerns post-pandemic. LG Hausys and Interface innovate with products that improve indoor air quality, positioning LVT as a smart choice for health-focused designs.
In the broader context, North America’s market, valued at USD 2,830.14 million in 2023 with a CAGR of 4.89% through 2032, underscores regional leadership due to robust construction activity. Globally, the push toward flexible and rigid LVT segments reflects a balance between cost and performance, with residential applications driving volume growth amid housing booms in Asia-Pacific.
Moreover, segmentation by type shows rigid LVT gaining traction for its stability, while flexible options remain popular for curved installations. Applications split between commercial (offices, retail) and residential (kitchens, basements) highlights LVT’s versatility. As urbanization accelerates in regions like Southeast Asia and South America, demand for affordable, stylish flooring will surge, benefiting these market leaders.
Looking ahead, challenges such as supply chain disruptions for PVC resins could temper growth, but opportunities in sustainable innovations offer pathways for differentiation. Industry players are investing in R&D to develop PVC alternatives, ensuring compliance with tightening environmental regulations in Europe and beyond.
The competitive landscape is intense, with mergers like those in the flooring sector consolidating market share among top firms. For instance, strategic acquisitions enhance distribution networks, allowing companies like Shaw to expand globally. Porter’s five forces analysis reveals moderate supplier power due to raw material dependencies, but high buyer power in commoditized segments pushes for value-added features.
Value chain analysis points to upstream efficiencies in polymer production as key to profitability, while downstream distribution through retailers and contractors amplifies reach. Niche markets, such as healthcare flooring requiring slip resistance, present blue-ocean opportunities for specialized LVT.
Overall, the Luxury Vinyl Tiles Flooring Market’s trajectory is upward, supported by macroeconomic factors like rising disposable incomes and renovation trends. Stakeholders should monitor regional variations: Europe’s focus on sustainability contrasts with Asia’s volume-driven growth, shaping strategic decisions.
Read Full Report: Luxury Vinyl Tiles Flooring Market – View in Detailed Research Report
The companies listed above are not only covering global interiors—they’re spearheading the sustainable revolution in flooring design.