Global Flooring Market to Flourish in Emerging Markets: Ken Research
Posted on 09 January 2017 by KenResearch Manufacturing And Construction,
Ken Research has announced recent publication titled, “Global Flooring Market Status, 2011-2022 Market Historical and Forecasts, Professional Market Research Report” which focuses on global and regional market, major manufacturers, as well as the segment market details on different classifications and applications. This report analyzes major market data like capacity, production, capacity utilization rate, price, revenue, cost, gross, gross margin, supply, import, export, consumption, market share, growth rate and etc. The report analyzes major regions like Europe, North America, South America, Asia (Excluding China), China and ROW.
The analysis on industry chain is provided including the up and down stream industry along with the major market players in this report. The market is broadly segmented based on type, material, application, and region. Market drivers, restraints, challenges, material, and product price trends are discussed in detail. Market share, by all the major players, is discussed in detail for the overall market.
It assists in giving the clear picture of current market scenario including historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. This report is a valuable source of guidance for manufacturers, suppliers, distributors, customers, investors and individuals who have interest in this market.
In recent years, the Asia-Pacific region has tremendously progressed in this market, which primarily includes emerging economies such as India and China. The main driving forces in the Asia-Pacific region include growth in spending capacity, rising urbanized population, and increase in industrialization. Improved living standards in developing economies would demand improved sanitation and hygiene requirements. Cities in the Asia-Pacific economies would hold 54% of the world’s urban population, thereby creating the largest workforce in the world.
Growing urbanization in emerging markets such as China, Brazil, Indonesia, Malaysia, and India are expected to boost the spending for vital infrastructure sectors, such as hospitality, health care, transportation, and retail. Increasing residential applications in emerging markets are also expected to drive the growth of the flooring market.
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Ankur Gupta, Head Marketing & Communications