Market Regional Analysis
Asia Pacific is expected to hold a significant market share in the global hard surface flooring market, during the forecast period. This is owing to increasing demand for hard surface flooring in emerging economies such as India and China. Regions such as Latin America, Africa, and Europe are showing industrial and rapid economic growth, which is expected to drive the market growth. Furthermore, European countries and the U.S. are gradually recovering from the economic crisis. This is expected to boost the demand for hard floor surface and subsequently the market growth. Moreover, major players are focusing on emerging economies to tap massive market potential.
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