Key Segmentation:
By Product Type
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Rigid Core LVP (SPC – Stone Plastic Composite)
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Flexible LVP (WPC – Wood Plastic Composite)
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Glue-down LVP
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Loose-lay LVP
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Others
By Installation Type
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Click-lock / Floating Installation
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Glue-down Installation
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Peel-and-stick Installation
By Wear Layer Thickness
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Below 12 mil
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12–20 mil
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Above 20 mil
By End-Use Sector
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Residential Renovation & New Construction
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Commercial Construction
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Institutional Buildings (schools, hospitals)
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Hospitality Sector (hotels, resorts)
Regional Coverage:
North America
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US
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Canada
Europe
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Germany
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UK
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France
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Italy
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Spain
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Russia
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Poland
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Rest of Europe
Asia Pacific
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China
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India
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Japan
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South Korea
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Australia
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ASEAN Countries
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Rest of Asia Pacific
Middle East & Africa
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UAE
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Saudi Arabia
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Qatar
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South Africa
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Rest of Middle East & Africa
Latin America
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Brazil
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Argentina
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Mexico
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Colombia
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Rest of Latin America
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
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Detailed Volume Analysis
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Criss-Cross segment analysis (e.g. Product X Application)
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Competitive Product Benchmarking
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Geographic Analysis
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Additional countries in any of the regions
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Customized Data Representation
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Detailed analysis and profiling of additional market players
Frequently Asked Questions
The luxury vinyl plank LVP market is expected to grow at a CAGR of 6.44% from 2026 to 2035.
The luxury vinyl plank LVP market was valued at USD 9.77 billion in 2025.
Rising demand from construction & infrastructure development, energy & utilities expansion, industrial manufacturing, mining activities, and rapid urbanization projects is driving adoption of luxury vinyl plank LVP globally.
The Rigid Core LVP (SPC – Stone Plastic Composite) segment dominated the luxury vinyl plank LVP market in 2025.
Asia Pacific dominated the luxury vinyl plank LVP market in 2025.