Flooring Market
substantial global market growth in the developing countries. The rise in the use of flooring in the residential infrastructures influences the growth of the global flooring market.
Global Flooring Market: Segmentation
The global flooring market is segmented on the basis of type, material, application, and region. The type segment is further segmented into resilient, non-resilient, soft covering and others. The material segment is bifurcated into woods, vinyl, tiles, carpets and rugs and others. The application segment is further categorized into residential and non-residential. The region segment is further divided into North America, Europe, Asia-Pacific and Rest of the World.
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Global Flooring Market: Regional Analysis
Asia Pacific dominates the global flooring market due to the rise in the number of construction projects in the developing regions. There is a high growth in the global market in North America and Europe. The UK, the U. S., Germany, India, China, Australia, Malaysia, Japan, Canada, Indonesia, Spain, Italy, and Brazil are investing a huge sum of money in the construction industry for the development of infrastructures such as hospitals, healthcare and transportation in order to achieve rapid economic growth. The developing economies such as China and India play an important role in the global flooring market. The high growth rate in the construction industry due to increasing in urbanization and high residential application is further expected to boost the global market.