Vinyl Composition Tile (VCT) Market Size, Share, By Type (Single Layer, and Multilayer), By Application (Residential, and Commercial), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI531224 | Publish Date: June 2024 | No. of Pages: 197

Vinyl Composition Tile Vct Market Size

The Vinyl Composition Tile (VCT) Market was valued at USD 4.2 billion in 2024 and is expected to grow at a CAGR of 7.0% to reach USD 7.8 billion by 2034.

Vinyl composition tile (VCT) is a completed flooring mostly employed in institutional and commercial settings. Chemical strippers and mechanical buffing tools can repeatedly restore vinyl tiles, which are highly resistant to abrasion and impact damage. Removing and replacing damaged tiles when they are put correctly is simple. A multitude of prominent flooring manufacturers provides tiles in an array of colors. VCT is being adopted increasingly because it is recyclable and made of recycled materials, meeting the growing demand for sustainable and eco-friendly flooring options.