What is the number one most asked about and highest selling floor product in our showrooms in Cornelius and Winston-Salem, NC? The answer is: luxury vinyl plank (LVP) and luxury vinyl tile (LVT). Luxury vinyl plank mimics the look of hardwood floors while LVT replicates the look of porcelain or stone tile.
According to a report on the luxury vinyl plank flooring market from Research and Markets the global market is expected to reach USD 42,139.55 Million by 2025 from an estimated USD 30,171.61 Million in 2020. That’s a pretty big leap in only five years.
What is LVT?
Vinyl has been around for a long time but recent advancements in manufacturing technology have taken it to the next level. It consists of layers of vinyl and other materials that have been printed with a 3D image to give the appearance of wood or tile. The LVP planks lock together and can either float over the subfloor or can be glued down. LVT can be grouted in the same way as traditional tile.
Why is Luxury Vinyl Plank So Popular?
LVT has surged in popularity for three simple reasons. It’s affordable. It’s durable. It looks good.
Cost Conscious – The price point comes in below traditional hardwood flooring especially when you factor in installation costs, however, do not feel like you are sacrificing quality with the lower price.
Tough and Durable – Homeowners and landlords alike appreciate the durable construction of luxury vinyl plank flooring. It’s scratch resistant and many brands off fully waterproof options.
Beautiful Design – Usually affordable and durable does not necessarily come with the most attractive options. Not with LVT flooring. Whatever hardwood flooring look you are going for in your home or business, you’ll find the color and design options are plenty with luxury vinyl.
Its versatility and ability to be installed in every room in the house – even the bathroom and kitchen – have also fueled its popularity. Consumer Reports ranked vinyl as the top choice for basements and a great choice for nearly every other space.
People are choosing luxury viny tile over hardwood floors and LVT over laminate floors in many instances and there is no sign that the trend will change in the near future. At Flowers Flooring it remains the most popular product in our showrooms and for our installation teams.
About Flowers Flooring
Flowers Flooring has two locations – Cornelius, NC and Winston-Salem, NC. Both locations service a 100-mile radius from the showroom. Both locations specialize in flooring sales and installation including carpet, laminate, hardwood, sand & finish, hardwood restoration, vinyl plank, vinyl tile, rubber flooring, tile floors, tile showers, tile backsplash, area rugs, interior painting and more. To reach the Cornelius, NC location please call (704) 445-7750 and to reach our Winston-Salem location, please call (336) 660-0977. Please be sure to inquire about our current promotion and financing offers.