Leading Edge, a specialist in flooring market research, has released the latest edition of the UK Commercial LVT Market Report. This comprehensive report provides an in-depth analysis of the commercial luxury vinyl tile (LVT) market in the UK, offering valuable insights into market trends, brand performance, and growth across various sectors.
Key highlights from the report include:
Resilient Market Growth: The UK Commercial LVT market has demonstrated strong resilience and continued growth, even in the face of recent economic challenges. The report delves into the factors driving this growth and anticipates further market expansion in the coming years, particularly as post-pandemic recovery gains momentum.
Sector-Specific Demand: The healthcare, education, and office sectors have emerged as key drivers of LVT demand, thanks to the product’s durability, ease of maintenance, and design versatility. The report also examines shifts in other sectors, notably the declining influence of the retail sector.
Competitive Brand Landscape: The report offers a detailed analysis of the competitive landscape, highlighting the dominance of established brands such as Karndean and Amtico. It also notes the increasing presence of newer brands, suggesting a growing willingness among contractors to explore alternative options. Overall, 38 brands are mentioned within the report.
Growing Interest in Loose Lay LVT: The loose lay LVT segment has seen substantial growth, with projected volumes set to exceed one million square metres in 2024. The report provides insights into the key brands leading this segment and the factors driving its popularity.
Emerging Opportunities: The report identifies significant growth opportunities in niche segments such as acoustic LVT and PVC-free products. These segments, while currently smaller, are poised for expansion as sustainability and noise reduction become increasingly important in commercial projects.
Report Overview
The UK Commercial LVT Market Report from Leading Edge provides a comprehensive overview of a market. The full report contains details on many other areas including:
- Market size by type of LVT
- Market share by sector
- Market share by brand with trends
- Market changes by design type
- Reasons for selecting brands
- Use of acoustic LVT and PVC-free LVT
- Loose lay LVT use by brand and product type
- What flooring contractors would like to improve about their LVT supplier
- Ratings of all brands
- The specification market
- Pricing
The LVT report is primarily based on an extensive telephone interview programme with flooring contractors. The key sources of data are as follows:
- Telephone market research programme with 100 flooring contractors
- Desk research
- Discussions with LVT manufacturers and distributors
- Data from previous reports published in 2006, 2008, 2011, 2014, 2017 and 2021
https://lead-edge.co.uk/reports/uk-commercial-lvt-luxury-vinyl-tile-flooring-market
