Global Carpets and Rugs Market size was valued at USD 35.90 Bn in 2022 and is expected to reach USD 49.52 Bn by 2029, at a CAGR of 4.7%.
Carpets and Rugs Market Overview
The recently published “Carpets and Rugs Market” Report by Maximize Market Research is available in the market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in more than 34 countries.
The research analyst has said that the APAC region is a lucrative opportunity for the Carpets and Rugs market and components manufacturers for the next ten years. The impact of the market is normal after the Covid Lockdown has been analyzed in the report and the market is showing an upward trend even in the midst of an economic slowdown.
Carpets and Rugs Market Scope
Carpets and Rugs Market report gives an in-depth understanding and knowledge of trends, dynamics, and other issues. The study pinpoints the most significant developments that will have an impact on the industry. It assists in identifying the information included in the study, as well as assessing the competitive landscape of important firms, market dynamics, and other things that can help you determine whether your current marketing plans are on track and how to improve them.
The qualitative and quantitative data in the Carpets and Rugs market report assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.
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Carpets and Rugs Market Segmentation
The market for carpets and rugs is divided into categories based on the type of product: woven, tufted, knotted, needle-punched, flat-weave, hooked, and others. Due to its low price and simple upkeep, the tufted sector led the pack with a market share of more over 50% in 2022. Tufted rugs are ideal for giving interior decor that unique, high-end touch. These rugs last a long time and add years of comfort and beauty to a home’s decor. Benefits include affordability, availability in a range of sizes and forms, as well as a variety of colours and textures, and durability. There are several styles of tufted carpets and rugs available to satisfy global market demand.
Carpets and Rugs Market Key Players
Mohawk Industries, Inc.
• Shaw Industries Group Inc.
• Genie Carpet Manufacturers
• Royalty Carpet Cleaning & Flooring
• Inter IKEA Systems B.V.
• Beaulieu International Group
• Engineered Floors LLC
• Milliken & Company
• Lowe’s
• Taekett
• Home Depot
• Interface, Inc.
• Dixie Group, Inc.
• Orientals Weavers
• Tai Ping
• Victoria PLC
• Saif Carpets Pvt. Ltd
• Genie Carpet Manufactures
• KarpetsbyRKS
• Marwar Carpets International
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Carpets and Rugs Market Regional Analysis
Regional Insights in the report on the Carpets and Rugs industry on a regional level. The region-wise survey is done in a wide range of high-resolution regional investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market’s current and future trends. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Carpets and Rugs Market Report are:
- What is Carpets and Rugs Market?
- What is the forecast period of the Carpets and Rugs Market?
- What is the competitive scenario of the Carpets and Rugs market?
- Which region held the largest market share in the Carpets and Rugs Market?
- What are the opportunities for the Carpets and Rugs Market?
- What factors are affecting the Carpets and Rugs market growth?
- Who are the key players of the Carpets and Rugs market?
- Which company held the largest share in the Carpets and Rugs market?
- What will be the CAGR of the Carpets and Rugs market during the forecast period?
- What key trends are likely to emerge in the Carpets and Rugs market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Carpets and Rugs#
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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