Global carpets and rugs market is expected to grow at a steady rate during the forecast period. The global carpets and rugs market is driven by surging demand from the residential as well as non-residential sectors. Growing popularity of interior decorations among consumers all across the globe is positively impacting the growth of market during the forecast period. Furthermore, upsurge in requirement for carpets that are eco-friendly in nature coupled with rapid urbanization and globalization is expected to bolster the growth of market over the next few years.
Based on material, the market is fragmented into nylon, polyester, polypropylene and others. Among them, the nylon segment is estimated to dominate the market in the next 5 years on account of its outstanding properties such as good resilience, good yarn memory to hold twist, stain and abrasion resistance, superior cleaning efficacy, and ability to hide soil.
The major players operating in the carpets and rugs market are Mohawk Industries Inc., Shaw Industries Group, Lowe’s Companies Inc., Taekett S.A., Home Depot Inc., Interface Inc, Dixie Group Inc., Orientals Weavers Company for Carpe, Tai Ping Carpets International Limited, Victoria PLC and others.
Objective of the Study
- To analyze and estimate the market size of global carpets and rugs market from 2017 to 2020.
- To estimate and forecast the market size of global carpets and rugs market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global carpets and rugs market based on type, material, distribution channel, end user, company and regional distribution.
- To identify dominant region or segment in the global carpets and rugs market.
- To identify drivers and challenges for global carpets and rugs market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global carpets and rugs market.
- To conduct pricing analysis for global carpets and rugs market.
- To identify and analyze the profile of leading players operating in global carpets and rugs market.
- To identify key sustainable strategies adopted by market players in global carpets and rugs market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Carpets and rugs manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to carpets and rugs
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as
