Application (Residential, Commercial, Industrial)
The wooden flooring market is segmented and analysed for demand and supply by application into residential, commercial and industrial. Out of these, the residential segment is attributed to garner highest market share by 2037, owing to increased number of residential buildings across the globe. As per estimations, in 2020, there were almost 100 million single family homes in the U.S. Further, there were around 5 million multifamily residential buildings in the same period. Further, the residential segment is forecasted to gather the highest revenue due to the increased demand of houses by the burgeoning population. In 2020, it was calculated that 90% of the buildings in the U.S. were single family homes, with approximately 200 billion square feet.
Our in-depth analysis of the global wood flooring market includes the following segments:
By Product |
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By Application |
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Author Credits: Rajrani Baghel
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