We’ve said it before and we’ll say it again – we love vinyl planking. It’s versatile, looks great and last forever. It seems that we’re not the only ones around that like it, a recent study in the US shows that the hardwood flooring market is growing at about 5% per year, with luxury vinyl planking being one of the fastest growing products. The article said
“While often more costly initially, hard surface flooring offers performance advantages, such as a longer lifespan and less maintenance than carpeting. In terms of aesthetics, many consumers find such flooring types as hardwood, luxury vinyl tile (LVT), and porcelain and stone tiles more attractive than carpet.”
“Among all hard surface flooring types, vinyl flooring and decorative tile are expected to register the strongest gains through 2017. Vinyl flooring demand will be spurred by heightened usage of LVT (Luxury Vinyl Tile). Consumers will increasingly opt for LVT because it offers the durability and performance properties of traditional vinyl flooring products, but features a high-gloss appearance and can be made to look like more costly material such as wood or natural stone.” US Hard Surface Flooring Market Report
We know that the trends in the US are likely to follow suit here, so if you haven’t already taken a look at these options, it’s time! Even though these products may be more costly at first glance, you’re paying for convenience and advantages in the long run. Their appearance has been fine tuned to look the part of luxury, sometimes it hard to tell the difference between vinyl and real timber!
Take a look at our Vinyl Planking options here: Floorwerx Vinyl Planking