Top 12 manufacturers in Luxury Vinyl Tile (LVT) Market
Mohawk Industries is an American flooring manufacturer based in Calhoun, Georgia, United States. Mohawk produces floor covering products for residential and commercial applications in North America and residential applications in Europe. The company manufacturing portfolio consists of soft flooring products (carpet and rugs), hard flooring products (ceramic tile, natural stone and hardwood flooring), laminate flooring, sheet vinyl and luxury vinyl tile. The company employs 37,800 in operations in Australia, Brazil, Canada, Europe, India, Malaysia, Mexico, New Zealand, Russia and the United States. It is the largest manufacturer and its market share is about 20% in 2019.
Shaw Industries Group, Inc. is one of the world's largest carpet manufacturers and approximately 22,000 employees worldwide. It is the second manufacturer and its market share is about 13% in 2019.
Interface, Inc., is a global manufacturer of commercial flooring with an integrated collection of carpet tiles and resilient flooring, including luxury vinyl tile (LVT) and rubber flooring. Interface Inc. is engaged in design, production and sale of modular carpet, also known as carpet tile. It is the third manufacturer and its market share is about 6% in 2019.
Tarkett is a worldwide leader in innovative flooring and sports surface solutions, with net sales of more than €3 billion in 2019. Tarkett offers a wide range of products including vinyl, linoleum, rubber, carpet, wood and laminate flooring, artificial turf and athletics tracks. Its market share is about 5% in 2019.
The HMTX Family includes Halstead, the leading supplier of LVT to The Home Depot. Its market share is about 5% in 2019.
Armstrong Flooring is a Pennsylvania corporation incorporated in 2016. It was spun off as an independent entity from Armstrong World Industries in April 2016. Its market share is about 4% in 2019.
Mannington Mills was founded in Salem, New Jersey in 1915. Mannington is now one of the world’s leading makers of residential and commercial fine flooring with locations across the U.S. and in the U.K. Its market share is about 3% in 2019.