Updated: Sep 12, 2022
What Is LVP Flooring?
LVP flooring is an abbreviation for "luxury vinyl plank." Luxury vinyl plank flooring is the fastest growing product in the floor covering industry. LVP is a product that is made to look like hardwood flooring. It comes in a variety of board widths and board lengths. Customers can install LVP flooring using glue down, floating or click together installation methods.
What Is LVP Flooring?
The History Behind LVP Flooring
Many years ago, flooring covering retail stores and the large box stores were filled with pallets and pallets of cheap DIY laminate flooring. There were signs in every store: "$0.99 a square foot cash and carry laminate." Stores could not keep these products in stock. Laminate flooring pallets would sell as fast as it was put on the sales floor.
Fast forward a few years later, and the claims from these products started to overwhelm the floor covering world. These cheap laminate products simply did not last. Between having a terrible locking system between planks, and not being able to withstand water, these inexpensive laminate products soon developed a bad reputation and sales plummeted. there was a void in the marketplace. Retailers knew homeowners needed this type of product, but other than laminate flooring, there simply was nothing available that could be sold.
Manufacturers quickly began to put their thinking caps on, and as a result: luxury vinyl plank flooring was introduced into the marketplace.
According to Znet Flooring, here is what's exciting about today's luxury vinyl tile and plank flooring:
It's versatile: Vinyl is available in textures, finishes, colors, and patterns like never before. Designs mimic natural materials (like stone or wood) or take their cue from retro solid colors. Tiles and planks come in different shapes and sizes.
It's timeless: It blends with pre-existing styles in a snap. With nearly 50 years as a home favorite, there are nearly endless design options. Combine patterns and shades for a unique, one-of-a-kind floor accent.
It's cost-effective: The per square foot cost of vinyl, with the upgraded features, is still less than other materials—even those much less durable.
It's waterproof: Almost all vinyl plank floors are 100% waterproof. They are easy to maintain and clean. They don't stain or corrode. You can have the look of wood in bathrooms, laundry rooms, and kitchens without worry.
What Are The Benefits Of LVP Flooring?
As mentioned above, the benefits of LVP flooring have made it the fastest selling hard surface flooring product in the floor covering industry. Let's take a closer look at some of these product benefits:
Ease Of Installation
As compared to ceramic tile and real hardwood flooring, LVP is a much easier product to install. In many cases, homeowners will install LVP themselves as a DIY weekend project. LVP does not create as much dust as ceramic tile or hardwood flooring and can be installed over many different types of floors.
Next to carpet, LVP flooring is the most affordable type of flooring that homeowners can install in their home. Being able to install LVP over existing floors, is a huge benefit when it comes to installation costs.
Being a waterproof floor is by far the most important benefit of LVP Flooring. This enables homeowners to install LVP in bathrooms, kitchens, laundry rooms and basements.
While no floor is 100% scratch-proof, LVP flooring comes close. LVP flooring is pet-friendly, kid-friendly and extremely durable. Customers should always read the actual product warranty information to understand what "scratch resistant" means. Each product will have different warranty information.
What Rooms Are Customers Installing LVP Flooring In?
LVP flooring can really be installed in any room of the home. Many customers that have open concept floor plans are installing LVP flooring throughout the main floor. This includes living rooms, kitchens, dining rooms, hallways and bathrooms.
LVP flooring is extremely popular in basements. Homeowners want a durable and waterproof floor in their basement area. During heavy storms, when the basement can take on that occasional moisture, it is important to have a floor that will not get damaged. LVP flooring is a perfect fit for these types of conditions.
Stairs are about the only place in the home that LVP flooring might not be the best option. While LVP flooring can be installed on stairs, it is somewhat tricky. Homeowners will need to purchase stair nosing's for each step, which sometimes can be quite expensive. Also, the individual planks should be glued, instead of clicked together. We always recommend that homeowners talk to a flooring professional before installing LVP on stairs.
Will LVP Flooring Hurt or Help Home Value?
There is really no clear-cut answer to this question. However, we certainly don't think that LVP will hurt the value of a home. Waterproof LVP flooring comes in a variety of colors, widths and lengths. The competition between product manufacturer's is very fierce, and for this reason, most of the products in the marketplace are beautiful and extremely well made.
Waterproof LVP flooring continues to sell and sell. It is being installed in million-dollar custom homes, as well as in starter homes. According to Yahoo Finance:
The global luxury vinyl tiles flooring market is expected to grow from $17.65 billion in 2021 to $19.94 billion in 2022 at a compound annual growth rate (CAGR) of 12.99%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $34.48 billion in 2026 at a CAGR of 14.67%.
What Are Some Of The Main LVP Flooring Brands?
The competition for LVP flooring business is fierce. Each manufacturer has their version of good, better and best products. Likewise, there are several brands of LVP flooring (way too many to mention in this article). Here is a list (in no particular order) of some of the more popular brands:
Luxury vinyl tile (LVT), particularly rigid core vinyl, has become hugely popular with consumers. With its gorgeous looks and many performance benefits, it seems that LVT sells itself. Indeed, there are times when the consumer has done their own research and comes into the showroom specifically looking for a vinyl or “waterproof” floor. Floor Covering Weekly
More FAQ - LVP Flooring
How Do I Choose The Best LVP Flooring?
We always like to tell customers to begin with the end in mind. In other words, customers need to know what level of expectations they have for the project. Is this a rental property and the goal is to make it look nice to sell? Maybe the project is for a home that will be lived in for the next 20 years, etc... Customers need to not only know what they want the material to be for, but they also need to know their budget. Homeowners should not fall in love with a product they can't afford. We have a great article, "How To Buy Flooring For Your Home," that walks readers through our buying suggestions. It is certainly worth the read.
Should You Purchase Glue Down Or Click Together LVP Flooring?
Honestly, it is a matter of personal choice. Most of the residential LVP flooring in the marketplace is click together. Many homeowners simply do not want the adhesive on their sub-floor. In commercial applications, the majority of customers use glue down LVP flooring products. Glue down products hold up to heavy foot traffic better than click together installations, likewise, they are much easier to repair (when needed).
What Are Common Installation Issues That Homeowners Need To Ask Their Installer About?
When installing LVP flooring in a home remodel, the most common issue is what to do with the wall baseboards. In many cases, customers are installing LVP flooring in areas that currently have carpet. Existing carpet and carpet pad is much thicker than LVP flooring. Consequently, in most cases the wall baseboard will need to be removed and then re-attached once the LVP flooring has been installed.
Another common issue is what to do with room transitions from one flooring type to another type of flooring. For example, how does LVP flooring match up with ceramic tile? Ceramic tile is much thicker, and a height difference will exist, once the LVP flooring is installed. Homeowners will either need to build up the room sub-floor that is receiving the LVP flooring or provide the proper transition strip where the LVP flooring and ceramic meet.
Conclusion - LVP Flooring
LVP flooring is the fastest growing product in the floor covering world. Walk into any floor covering store, and you will see rows and rows of LVP flooring displays. The flooring industry is predicting a constant growth of LVP flooring for many years to come.
Homeowners are putting LVP flooring in many different rooms of the home. Likewise, LVP flooring is not just for apartments or rental properties. LVP flooring is being installed in million-dollar homes as well.
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