Recovery from the economic crisis, followed by the trend of renewed demand for carpets and rugs across all market segments for improving the décor of the house or business areas is driving the growth of carpets and rugs industry. Carpets and rugs are largely used for decorating and improving the look and feel of rooms in homes and at offices. Increasing residential constructions and remodeling are some of the major factors driving the carpets and rugs market. Despite facing strong competition from hard floorings, various segments of the carpets and rugs market like tufted carpets, woven carpets, and others are witnessing a rise in their demand. Research and technology in the carpet industry is focusing on producing high quality and environment friendly products for modern customer needs.
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Carpets and Rugs Market Segmentation
Segmentation of the carpets and rugs industry is based on product, market, and material
Segmentation by Product
Tufted
- Woven
- Needle-Punched
- Knotted
Segmentation by Market
- Residential Buildings
- Non-residential Buildings
- Transportation Equipments
Segmentation by Material
- Face Fibers
- Primary Backing
- Secondary Backing
- Adhesives
This research report on the carpets and rugs market analyzes different market segments and major geographies. It is the comprehensive study of current market trends, industry growth drivers, restraints, and market projections for the coming years. The report includes an overview of technological advancements in the carpets and rugs industry, Porter’s five force model analysis, and company profiles of top industry players.
Major geographies analyzed under this research study are
- North America
- Asia-Pacific
- Europe
- Rest of the World
The major players in the carpets and rugs industry are haw Industries Inc., Mohawk Industries Inc., Beaulieu Industries Inc., Armstrong World Industries Inc., Milliken & Co., Burlington Industries Inc., Stark Carpets, Couristan Inc., The Dixie Group Inc., Kraus Carpet Mills Ltd., Springs Industries Inc., Interface Flooring Systems Inc., Mannington Mills Inc., Tarkett Inc., Royalty Carpet Mills Inc., Honeywell Inc., Nylon Business, Amoco Fabrics and Fiber Co., Foamex International Inc., INVISTA, IKEA International Inc., Abbey Carpet, Home Depot Inc., Lowe’s Companies Inc., and others.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
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