Dublin, Feb. 16, 2021 (GLOBE NEWSWIRE) The "Asia Pacific Flooring Market Size, Share & Trends Analysis Report by Product (Ceramic Tiles, Wood & Laminate Flooring), by Application (Residential, Non-residential), and Segment Forecasts, 2020-2027" report has been added to ResearchAndMarkets.com's offering. The Asia Pacific flooring market size is expected to reach USD 285.86 billion by 2027The market is expected to expand at a CAGR of 4.0%, in terms of revenue, over the forecast period due to a positive outlook toward its overall construction industry.The construction industry is projected to be driven by an increase in spending on affordable housing development. Governments of countries such as Indonesia and India actively provide subsidies on land and construction costs and reduce the red tape in planning and approval processes. These initiatives are positively impacting the overall construction market in the Asia Pacific.The penetration of multinational brand