Resilient Flooring Market size is valued at USD 43.9 billion in 2021 and is expected to reach a value of USD 80.3 billion by 2028, growing at a CAGR of 9% during the forecast period 2022 to 2028. The global market provides a detailed overview of the market and that can be segmented by product, distribution channel, and end-user. By product, the resilient flooring market has been segmented into Vinyl Composite Tile (VCT), Luxury Vinyl Tiles (LVT), Linoleum, Rubber, Cork, and Others. The vinyl composite tile (VCT) segment is likely to be the largest and fastest-growing segment in terms of product. Based on distribution channels, the market is segregated into large retailers, distributors, OEM, online and direct. The large retailer’s segment held considerable market share during the estimated period. Based on end user, the resilient flooring market is segmented into residential and commercial. Among these, the residential segment is expected to have the fastest-growing market during the forecast period 2022-2028.
In March 2020, Interface Inc., began producing premium tiles under the well-known brand name “Brush line.” This product was made with 39 percent recycled material, according to the company. In addition, the company manufactures LVT products such as Level Set, Studio Set, and Criterion.