The Global Carpet and Rugs Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Carpet and Rugs Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.
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Carpets and rugs are decorative textiles that are usually made of thick material. It is used as a floor covering most of the time now. They come in many beautiful patterns and bright colours, which makes them very attractive. These are better for the environment, cheaper, more flexible, more durable, and easier to install and keep up. In addition to covering the floor, it also provides non-slip and thermal insulation for the floor. People who live in colder places are lucky to have rugs and carpets because they help keep floors warm.
Rugs and cushions make it more comfortable to sit on the floor, and they also make walking sound less loud. Carpets are used in retail stores, hotels, and private homes, as well as in business and public places. Today, there are a lot of different kinds of rugs and rugs that range in price and quality, from cheap synthetic rugs that are mass-produced in factories to expensive hand-knotted wool rugs that are more durable and are used to decorate homes.
Top Leading Companies of Global Carpet and Rugs Market are Mohawk Industries, Taekett, Shaw Industries Group, Dixie Group, Home Depot, Tai Ping Carpets International, Interface, Victoria, and others.
Report Segments are:
By Type:
Woven
Tufted
Knotted
Needle-Punched
By Application:
Residential
Non-Residential
Global Carpet and Rugs Market: Regional Analysis
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
North America, which includes countries like the U.S. and Canada, is expected to make up a big part of the global market. This is because there is a lot of demand for new smart homes in places like these. According to data from the Federation of American Scientists, the number of new home sales in the U.S. went up by 1.5% in 2018 over 2017. Also, because people in the area are getting richer, there is a lot of demand for these kinds of products from people in the area.
Asia-Pacific is expected to grow the fastest between 2020 and 2027. This is because governments in countries like India, Vietnam, and Indonesia are working hard to improve transportation systems like trains, buses, and planes. This is likely to make the demand for vinyl flooring carpets, which are often used on buses, trains, and planes, grow in the Area. For example, in December 2019, the Indian government spent nearly $10,931.6 million on the Pradhan Mantri Gram Sadak Yojana to improve road connections between villages and places like hospitals, schools, and agricultural markets. Such a move is likely to boost the development of bus transport facilities in India, thereby catering to the demand for vinyl flooring carpets.
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Years considered for this report:
Historical Years: 2017-2021
Base Year: 2022
Estimated Year: 2022
Forecast Period: 2023-2030
Important Sections from the Table of Contents:
- Global Carpet and Rugs Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Carpet and Rugs Market Forecast
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