Thailand Vinyl Flooring Market (2025-2031) Outlook | Growth, Industry, Trends, Analysis, Size, Value, Revenue, Companies, Share & Forecast

Thailand Vinyl Flooring Market Synopsis

The Thailand vinyl flooring market was valued at US$ 26.7 million in 2018 and is expected to witness a CAGR of 8.6% during the forecast period. The growth of this market is mainly driven by the increasing demand for durable and cost effective flooring solutions among consumers in Thailand. Moreover, due to its low maintenance requirements, it has become an ideal choice for residential as well as commercial applications such as hospitals, schools, etc. Additionally, growing infrastructure investment across various industries including hospitality & leisure sector are further contributing towards the growth of the Thai vinyl flooring market.

Drivers of the Market

The Thailand vinyl flooring market is fueled by the construction and interior design industries. Vinyl flooring`s durability, versatility, and aesthetic options make it a popular choice for both residential and commercial spaces. As construction activities and interior design trends evolve, the demand for vinyl flooring continues to rise.

Challenges of the Market

Challenges in the Thailand vinyl flooring market include environmental concerns and market differentiation. Vinyl flooring has faced criticism due to potential health and environmental risks associated with the use of certain additives and disposal methods. Moreover, standing out in a competitive flooring market and offering innovative, sustainable solutions are ongoing challenges.

COVID-19 Impact on the Market

The Thailand vinyl flooring market encountered changes during the Covid-19 pandemic as construction and real estate activities were affected. With lockdowns and reduced economic activities, the demand for vinyl flooring used in residential and commercial spaces saw a temporary decline. However, as construction projects resumed and people sought home improvement solutions, the market started to recover. As the real estate sector bounces back and consumers prioritize comfortable and durable flooring options, the vinyl flooring market is expected to regain momentum.

Key Players in the Market

Key players in the Thailand vinyl flooring market include Tarkett Group, Mohawk Industries, and Armstrong Flooring, Inc. These companies are known for their diverse range of vinyl flooring solutions for residential and commercial spaces. Their design innovation and sustainable practices have positioned them as leaders in the vinyl flooring industry.

Key Highlights of the Report:

• Thailand Vinyl Flooring Market Outlook
• Market Size of Thailand Vinyl Flooring Market, 2024
• Forecast of Thailand Vinyl Flooring Market, 2031
• Historical Data and Forecast of Thailand Vinyl Flooring Revenues & Volume for the Period 2021-2031
• Thailand Vinyl Flooring Market Trend Evolution
• Thailand Vinyl Flooring Market Drivers and Challenges
• Thailand Vinyl Flooring Price Trends
• Thailand Vinyl Flooring Porter's Five Forces
• Thailand Vinyl Flooring Industry Life Cycle
• Historical Data and Forecast of Thailand Vinyl Flooring Market Revenues & Volume By Product for the Period 2021-2031
• Historical Data and Forecast of Thailand Vinyl Flooring Market Revenues & Volume By Vinyl Sheets for the Period 2021-2031
• Historical Data and Forecast of Thailand Vinyl Flooring Market Revenues & Volume By Vinyl Tiles for the Period 2021-2031
• Historical Data and Forecast of Thailand Vinyl Flooring Market Revenues & Volume By Luxury Vinyl Tiles for the Period 2021-2031
• Historical Data and Forecast of Thailand Vinyl Flooring Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Thailand Vinyl Flooring Market Revenues & Volume By Residential for the Period 2021-2031
• Historical Data and Forecast of Thailand Vinyl Flooring Market Revenues & Volume By Commercial for the Period 2021-2031
• Thailand Vinyl Flooring Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Application
• Thailand Vinyl Flooring Top Companies Market Share
• Thailand Vinyl Flooring Competitive Benchmarking By Technical and Operational Parameters
• Thailand Vinyl Flooring Company Profiles
• Thailand Vinyl Flooring Key Strategic Recommendations