Product Code: ETC084285 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia vinyl flooring market was estimated at USD 180.9 million in 2025 and is expected to reach a value of USD 264.8 million by 2025, growing at a CAGR of 8.3% during the forecast period. The growth of the industry can be attributed to factors such as increasing construction activity, rising demand for luxury vinyl tile products, and technological advancements related to product quality and design options. Furthermore, government initiatives like Malaysia Affordable Housing Program are also likely to bolster demand for cost-effective flooring solutions like vinyl flooring in the country over the coming years.
The Malaysia Vinyl Flooring market is projected to experience positive growth in the coming years. Vinyl flooring is a popular choice for residential and commercial spaces due to its durability, low maintenance, and cost-effectiveness. The growing construction and infrastructure development in Malaysia drive the demand for vinyl flooring as a preferred flooring option. Additionally, the rising adoption of vinyl flooring in healthcare facilities, schools, and offices further supports market growth. The market`s positive outlook is also influenced by the availability of various designs and patterns, mimicking natural materials like wood and stone, offering consumers a wide range of options.
The vinyl flooring market in Malaysia encounters various challenges that may impact its growth. One significant challenge is the growing popularity of alternative flooring options, such as laminate or engineered wood. Consumers are increasingly seeking flooring materials that mimic natural wood or stone textures. To remain competitive, the vinyl flooring industry must invest in advanced printing technologies and improve the visual appeal of vinyl flooring products. Moreover, the market must address concerns related to the environmental impact of vinyl flooring materials. Sustainable practices and recycling initiatives can appeal to environmentally-conscious consumers. Strict regulations and standards concerning indoor air quality and chemical emissions also present challenges. Vinyl flooring manufacturers need to ensure compliance with these standards and promote the safety and health benefits of their products. Additionally, the market needs to navigate fluctuations in raw material prices, particularly for PVC, which can impact production costs and pricing.
The COVID-19 pandemic had a notable impact on the vinyl flooring market in Malaysia. With the restrictions on construction and renovation projects, there was a decline in demand for vinyl flooring used in commercial and residential buildings. Additionally, the vinyl flooring market faced challenges in supply chain disruptions, affecting the availability and distribution of the products. However, the demand for vinyl flooring in the retail sector witnessed growth as consumers sought to improve their living spaces and engage in home improvement projects during the lockdown period. As economic activities resumed and construction projects restarted, the vinyl flooring market began to stabilize, driven by the resumption of construction and renovation activities.
The vinyl flooring market in Malaysia is served by companies specializing in flooring solutions and interior products. Vinyl flooring is popular for its durability and versatility. Key players in Malaysia vinyl flooring market may include VinylFloor Solutions Sdn Bhd, FloorMaster Technologies, and VinylCraft Industries. These companies are likely to focus on offering a wide range of vinyl flooring designs and eco-friendly options to meet the demand from both residential and commercial sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Vinyl Flooring Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Vinyl Flooring Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Vinyl Flooring Market - Industry Life Cycle |
3.4 Malaysia Vinyl Flooring Market - Porter's Five Forces |
3.5 Malaysia Vinyl Flooring Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Malaysia Vinyl Flooring Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Vinyl Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Vinyl Flooring Market Trends |
6 Malaysia Vinyl Flooring Market, By Types |
6.1 Malaysia Vinyl Flooring Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Vinyl Flooring Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Malaysia Vinyl Flooring Market Revenues & Volume, By Vinyl Sheets, 2021-2031F |
6.1.4 Malaysia Vinyl Flooring Market Revenues & Volume, By Vinyl Tiles, 2021-2031F |
6.1.5 Malaysia Vinyl Flooring Market Revenues & Volume, By Luxury Vinyl Tiles, 2021-2031F |
6.2 Malaysia Vinyl Flooring Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Vinyl Flooring Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Malaysia Vinyl Flooring Market Revenues & Volume, By Commercial, 2021-2031F |
7 Malaysia Vinyl Flooring Market Import-Export Trade Statistics |
7.1 Malaysia Vinyl Flooring Market Export to Major Countries |
7.2 Malaysia Vinyl Flooring Market Imports from Major Countries |
8 Malaysia Vinyl Flooring Market Key Performance Indicators |
9 Malaysia Vinyl Flooring Market - Opportunity Assessment |
9.1 Malaysia Vinyl Flooring Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Malaysia Vinyl Flooring Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Vinyl Flooring Market - Competitive Landscape |
10.1 Malaysia Vinyl Flooring Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Vinyl Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |