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Stock impact report

Global Luxury Vinyl Tiles (LVT) Industry Report 2024-2029: Rising Demand from Emerging Economies Bodes Well for the $35+ Billion Market [Yahoo! Finance]

Mohawk Industries, Inc. (MHK) 
Last mohawk industries, inc. earnings: 2/13 04:10 pm Check Earnings Report
US:NYSE Investor Relations: mohawkind.com/corporateiroverview.aspx
Company Research Source: Yahoo! Finance
Flexible), End-use Sector (Residential and Commercial), and Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa) - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The luxury vinyl tiles market is projected to grow from USD 18.8 billion in 2024 to USD 35.9 billion by 2029, at a CAGR of 13.7% The rising global population, especially the shift from rural to urban areas, has fueled demand for luxury vinyl tiles. By 2050, the world population is projected to reach 9.7 billion, with 68% living in urban areas, according to the UN. Asia Pacific, particularly India and China, has seen significant growth in the flooring market, driven by its large and growing urban workforce. These trends support the LVT market's expansion. Renovation and home remodeling projects, encouraged by government initiatives such as Europe's National Energy Efficiency Action Plans (NEEAPS), further stimulate demand for LVT in residential and commercia Show less Read more
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