PUBLISHER: Grand View Research | PRODUCT CODE: 1790437
PUBLISHER: Grand View Research | PRODUCT CODE: 1790437
Printer Market For LVT And Laminate Flooring Summary
The global printer market for LVT and laminate flooring was estimated at USD 233.8 million in 2024 and is projected to reach USD 649.1 million by 2030, growing at a CAGR of 18.6% from 2025 to 2030. LVT and laminate flooring are favored in both residential and commercial constructions due to their versatility, durability, and ease of maintenance.
These flooring types mimic the appearance of natural materials such as wood and stone but at a fraction of the cost, making them an attractive choice for budget-conscious consumers.
Several key factors, including cost, efficiency, and market demand influence the adoption of new technologies in the LVT and laminate flooring industry. Cost considerations play a crucial role, as manufacturers must evaluate the initial investment in new printing technologies against potential long-term savings and increased productivity. Technologies such as digital printing machines promise significant reductions in production costs, waste, and energy consumption are more likely to be embraced. Additionally, companies often conduct thorough return-on-investment analyses to ensure that adopting new equipment will enhance their overall competitiveness.
Global Printer Market For LVT And Laminate Flooring Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research, Inc. has segmented the global printer market for LVT and laminate flooring based on flooring type and region: