Carpets and Rugs Market Size Anticipated to Observe Growth at a Steady Rate of 5.00% for the Study Period 2022-2029
Carpets and Rugs Market Size Anticipated to Observe Growth at a Steady Rate of 5.00% for the Study Period 2022-2029
Carpets and rugs are popular because of their aesthetic and practical qualities. It's an addition to floor coverings that adds to the overall beauty of a house or office's decor.

Global Carpets and Rugs Market was valued at USD 172.47 million in 2021 and is expected to reach USD 116.73 million by 2029, registering a CAGR of 5.00% during the forecast period of 2022-2029.

Key Pointers Covered in Carpets and Rugs Market Industry Trends and Forecast to 2029

·        Market Size

·        Market New Sales Volumes

·        Market Replacement Sales Volumes

·        Market Installed Base

·        Market By Brands

·        Market Procedure Volumes

·        Market Product Price Analysis

·        Market Regulatory Framework and Changes

·        Market Shares in Different Regions

·        Recent Developments for Market Competitors

·        Market Upcoming Applications

·        Market Innovators Study

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Benefits of Considering this Report:

·        This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.

·        A complete picture of the competitive scenario of Carpets and Rugs Market is depicted by this report.

·        The report consists of a vast amount of data about the recent product and technological developments in the markets.

·        The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.

Carpets and Rugs Market Scope and Market Size

The carpets and rugs market is segmented on the basis of type, product, material, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

·        Carpet

·        Rugs

On the basis of type, the carpets and rugs market has been segmented into carpet and rugs.

Product

·        Woven

·        Tufted

·        Knotted

·        Needle-Punched

·        Flat-Weave

·        Hooked

·        Others

The carpets and rugs market has also been segmented on the basis of product into woven, tufted, knotted, needle-punched, flat-weave, hooked and others.

Material

·        Synthetic Fiber

·        Natural Fiber

On the basis of material, the carpets and rugs market has been segmented into synthetic fiber and natural fiber.

Application

·        Residential

·        Commercial

·        Industrial

·        Institutional

On the basis of application, the carpets and rugs market has been segmented into residential, commercial, industrial and institutional.

Distribution Channel

·        Supermarket/Hypermarkets

·        Specialty Stores

·        Online

·        Others

On the basis of distribution channel, the carpets and rugs market is segmented into supermarket/hypermarkets, specialty stores, online and others.

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 Some of the key questions answered in this report:

·        How has the Carpets and Rugs Market performed so far and how will it perform in the coming years?

·        What are the key regional markets?

·        What is the breakup of the market based on the procedure?

·        What is the breakup of the market based on the injury location?

·        What is the breakup of the market based on the end user?

·        What are the various stages in the value chain of the industry?

·        What are the key driving factors and challenges in the industry?

·        What is the structure of the Carpets and Rugs Market and who are the key players?

·        What is the degree of competition in the industry?

Market Analysis and Insights: Carpets and Rugs Market

·       Over the last few years, there has been an increasing focus on aesthetics aspect of buildings. Additionally, the increased demand for environment-friendly carpets and growing demand for contemporary area rugs further increase the overall growth for the market. These determinants boost market growth over the forecast period.

·       Carpets and rugs are popular because of their aesthetic and practical qualities. It's an addition to floor coverings that adds to the overall beauty of a house or office's decor. Rugs and carpets protect floors by adding a layer of padding. Rugs and carpets are a blessing for people who live in cold climates because they keep the floor from being too cold. The major applications of carpets and rugs involve commercial, residential and industries. In developed economies, carpets and rugs have higher demand.

·       Carpets and rugs are utilized for their aesthetic appeal as well as utilitarian characteristics such as slip prevention and floor heat insulation. Carpets and rugs provide a protective layer to floors in addition to covering them and boosting the overall appearance of home or workplace design.

·       Carpet and rug demand was at its peak in industrialized economies a few decades ago. However, this trend has shifted in recent years, with people spending more money on making cosmetic changes to their homes or offices. This need has been fueled partly by the easing of the economic crisis, resulting in a renewed desire for carpets and rugs. Furthermore, increased consumer disposable income, particularly in developing countries, is projected to support market expansion.

Carpets and Rugs Market Country Level Analysis

·        U.S., Canada and Mexico in [North America]

·        Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of Europe]

·        China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, [Rest of Asia-Pacific (APAC)]

·        Saudi Arabia, U.A.E, South Africa, Egypt, Israel, [Rest of Middle East and Africa (MEA)]

·        Brazil, Argentina and [Rest of South America]

Carpets and Rugs Market Share Analysis

The carpets and rugs market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to carpets and rugs market.

Key player Carpets and Rugs Market

·        Mohawk Industries, Inc. (U.S.)

·        Shaw Industries Group Inc., (U.S.)

·        Genie Carpet Manufacturers (India)

·        Royalty Carpet Cleaning & Flooring (U.S.)

·        Inter IKEA Systems B.V.  (Netherlands)

·        Beaulieu International Group (Belgium)

·        Engineered Floors LLC (U.S.)

·        Milliken & Company (U.S.)

·        Lowe's (U.S.)

·        Taekett (France)

·        Home Depot (U.S.)

·        Interface, Inc. (U.S.)

·        Dixie Group, Inc. (U.S.)

·        Orientals Weavers (Egypt)

·        Tai Ping (China)

·        Victoria PLC (U.K.)

 MAJOR TOC OF THE REPORT

·        Chapter One: Introduction

·        Chapter Two: Market Segmentation

·        Chapter Three: Market Overview

·        Chapter Four: Executive Summary

·        Chapter Five: Premium Insights

·        Chapter Six: Carpets and Rugs Market Share by Product & Procedure type

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