| Product Code: ETC12593565 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Nigeria continued to see significant import shipments of luxury vinyl tile flooring, with top exporting countries including China, UK, Vietnam, Germany, and India. Despite a negative CAGR of -3.24% from 2020 to 2024, there was a notable growth rate of 22.73% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for market players in the luxury vinyl tile flooring sector in Nigeria.

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 Nigeria Luxury Vinyl Tile Flooring Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Luxury Vinyl Tile Flooring Market - Industry Life Cycle |
3.4 Nigeria Luxury Vinyl Tile Flooring Market - Porter's Five Forces |
3.5 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume Share, By Installation Method, 2021 & 2031F |
3.7 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Luxury Vinyl Tile Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing urbanization and increasing disposable income levels in Nigeria leading to higher demand for premium flooring solutions. |
4.2.2 Rise in renovation and remodeling activities in residential and commercial sectors driving the adoption of luxury vinyl tile flooring. |
4.2.3 Technological advancements in manufacturing processes enhancing the quality and design options available in the luxury vinyl tile flooring market. |
4.3 Market Restraints |
4.3.1 High initial installation costs compared to traditional flooring options may deter price-sensitive consumers. |
4.3.2 Limited awareness and education about the benefits and features of luxury vinyl tile flooring among consumers and contractors. |
4.3.3 Fluctuations in raw material prices and currency exchange rates impacting the overall cost structure of luxury vinyl tile flooring products. |
5 Nigeria Luxury Vinyl Tile Flooring Market Trends |
6 Nigeria Luxury Vinyl Tile Flooring Market, By Types |
6.1 Nigeria Luxury Vinyl Tile Flooring Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Rigid Core LVT, 2021 - 2031F |
6.1.4 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Flexible LVT, 2021 - 2031F |
6.1.5 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Waterproof LVT, 2021 - 2031F |
6.1.6 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Decorative LVT, 2021 - 2031F |
6.1.7 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Embossed LVT, 2021 - 2031F |
6.2 Nigeria Luxury Vinyl Tile Flooring Market, By Installation Method |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Glue Down, 2021 - 2031F |
6.2.3 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Floating, 2021 - 2031F |
6.2.4 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Click-Lock, 2021 - 2031F |
6.2.5 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Loose Lay, 2021 - 2031F |
6.3 Nigeria Luxury Vinyl Tile Flooring Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Nigeria Luxury Vinyl Tile Flooring Market Revenues & Volume, By Hospitality, 2021 - 2031F |
7 Nigeria Luxury Vinyl Tile Flooring Market Import-Export Trade Statistics |
7.1 Nigeria Luxury Vinyl Tile Flooring Market Export to Major Countries |
7.2 Nigeria Luxury Vinyl Tile Flooring Market Imports from Major Countries |
8 Nigeria Luxury Vinyl Tile Flooring Market Key Performance Indicators |
8.1 Average installation time for luxury vinyl tile flooring projects. |
8.2 Customer satisfaction ratings and feedback on the durability and aesthetics of luxury vinyl tile flooring. |
8.3 Percentage of commercial real estate projects opting for luxury vinyl tile flooring over other flooring options. |
8.4 Adoption rate of environmentally sustainable practices in the manufacturing and installation of luxury vinyl tile flooring. |
8.5 Number of new product launches and innovations in the luxury vinyl tile flooring segment. |
9 Nigeria Luxury Vinyl Tile Flooring Market - Opportunity Assessment |
9.1 Nigeria Luxury Vinyl Tile Flooring Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Luxury Vinyl Tile Flooring Market Opportunity Assessment, By Installation Method, 2021 & 2031F |
9.3 Nigeria Luxury Vinyl Tile Flooring Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Luxury Vinyl Tile Flooring Market - Competitive Landscape |
10.1 Nigeria Luxury Vinyl Tile Flooring Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Luxury Vinyl Tile Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |