The Global Carpet and Rugs Market report presents a comprehensive analysis of the Carpet and Rugs market by offering valuable insights to assist the businesses and key players in formulating fruitful strategies during the forecast timeline of 2020-2027. The report studies the historical data to provide an assessment of key segments and sub-segments, revenue, industrial chain analysis, and demand and supply data. The report also sheds light on the technological breakthroughs and product advancements happening in the Carpet and Rugs market. According to the report, the Carpet and Rugs industry is likely to witness significant growth over the projected timeline.
The global Carpet and Rugs Market size is expected to reach USD 163.75 Billion in 2028 and register a revenue CAGR of 4.4% through 2028. The market growth is driven by rapid urbanization and globalization across the globe, along with increasing consumer spending on home interior aesthetics and renovation activities.
The report also covers the impact of the COVID-19 pandemic on the Carpet and Rugs market and major segments. The pandemic has affected every industry vertical either positively or negatively. The report discusses in detail the changes in the demands and trends and the major challenges of the market created due to the pandemic. The report also offers a thorough current and future analysis of the impact of the COVID-19 pandemic on the overall growth of the market.
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The report presents a panoramic view of the competitive landscape of the Carpet and Rugs market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry. The report also focuses on strategic alliances in the Carpet and Rugs market, such as mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, licensing agreements, partnerships, corporate and government deals, and others.
The top Players Analyzed in the Report are:
Victoria Plc., Ikea Group, Tarkett S.A., Interface Inc., Milliken Company, Mohawk Industries, Inc., Oriental Weavers, Tai Ping Carpets International Limited, Home Depot Inc., and Dixie Group Incorporation, among others.
For a comprehensive value chain analysis, the report covers the downstream and upstream essentials of the Carpet and Rugs market. It also pays special focus on the growth process, macro- and micro-economic factors, raw material sources analysis, and other technical data. The report further segments the market on the basis of types, applications, and regions and offers insights into the segments that have the highest penetration and profit margin, along with recent developments based on geographies.
Material Outlook (Volume, Thousand Units; Revenue, USD Billion; 2018-2028)
- Polyester
- Nylon
- Polypropylene
- Other
Type Outlook (Revenue, USD Billion; 2018-2028)
- Woven Carpet and Rugs
- Knotted Carpet and Rugs
- Needle-punched Carpet and Rugs
- Tufted Carpet and Rugs
- Others
Applications Outlook (Revenue, USD Billion; 2018-2028)
- Residential
- Commercial
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
- Supermarket/Hypermarkets
- Online
- Specialty Stores
- Others
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Benefits of Global Carpet and Rugs Market Report:
- Comprehensive analysis of the changing market dynamics
- A futuristic outlook on different factors influencing the market
- An 8-year forecast of the market growth and expected revenue growth
- Ease of understanding of the market, key segments, and their future growth
- In-depth analysis of the competitive landscape to give an advantageous edge for the companies
- Extensive insight into the market with in-depth analysis of the segmentation
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