Sandy, Utah, USA, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled "Carpets and Rugs Market Size, Share, Growth Analysis Report By Type (Tufted, Woven, Needle-punched, Knotted, Others), By Material (Nylon, Polyester, Polypropylene), By End-User (Residential, Non-residential, Automotive & Transportation), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030" in its research database.
"According to the latest research study, the demand of global Carpets and Rugs Market size & share was valued at approximately USD 78.12 Billion in 2021 and is expected to reach USD 82.12 billion in 2022 and is expected to reach a value of around USD 120 Billion by 2030, at a compound annual growth rate (CAGR) of about 5.5 during the forecast period 2022 to 2030."
The analysis examines the market's drivers and restraints and their effects on the demand over the forecast period for carpets and rugs. The paper also looks at international opportunities in the market for carpets and rugs globally.
Click Here to Access a Free Sample Report of the Global Carpets & Rugs Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11270
Carpets and Rugs Market: Overview
Especially when the child is at home or school, carpets and rugs are a safety measure to reduce falls and prevent catastrophic injuries, in addition to enhancing the attractiveness of the house and its surroundings. As construction activity rises in developed and emerging nations, demand for these materials keeps rising.
(Please contact us for more information: a free sample of the Carpets & Rugs Market report is available upon request.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Requerequestted Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis.
- Custom Market Insights (CMI) research methodology
(Please note that the Carpets & Rugs report sample has been modified to include the COVID-19 impact study before delivery.)
Growth Factors
The development of naturally biodegradable materials like jute is promoting market profit expansion. The eco-friendliness of carpets and rugs is enhanced by using materials like sisal and sea glass, and the product's efficiency is improved by using chemical additives like antibacterial agents, flame retardants, and pest control agents.
The revenue of the global carpet market over the projection period, particularly during the global blockade, was also impacted by the availability of a variety of products through online sales channels, along with the growing trend of online shopping due to the numerous benefits offered.
To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11270
Segmental Overview
Due to its affordable price and simple and quick manufacturing method, the tufted carpet and rug market is anticipated to increase gradually during the projection period. Tufting can be constructed in various styles and is appropriate for all types of yarn. Most people know tufted carpets for their durability, dependability, and durability. Usually, these are utilized for wall carpeting. These are perfect for areas with heavy furniture because they are also elastic.
Due to their affordability and ease of installation, carpets and rugs are typically put in new residences. Residential carpet demand for ultra-softness is propelling global revenue growth. The demand for rugs is also being fueled by the trend of adding plush rugs for warmth to living rooms and bedrooms to create a cozy atmosphere. Innovative luxury rugs that enhance their look without compromising their durability and stain resistance are being marketed and promoted by manufacturers more and more.
Key questions answered in this report:
- What is the size of the carpet & Rug market, and what is its expected growth rate?
- What primary driving factors push the Carpets & Rugs market forward?
- What are the Carpets & Rugs Industry's top companies?
- What are the different categories that the Carpets & Rugs Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Carpets & Rugs market sample report and company profiles?
To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11270
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Directly Purchase a copy of the report [220+ Pages] @ https://www.custommarketinsights.com/report/carpets-rugs-market/
Regional Overview
Due to the significant amount of commercial and residential remodeling projects underway there and the region's growing purchasing power, North America accounted for the greatest portion of global sales in 2021.
The explosive growth of the U.S. building and housing sector is a key factor in the market's revenue growth. Additionally, the widespread practice of publishing original interior design-related content on social media platforms has aided in expanding this business in the area.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 78.12 Billion |
| Projected Market Size in 2030 | USD 120 Billion |
| CAGR Growth Rate | 5.5% CAGR |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Prominent Players | Mohawk Industries, Inc., Shaw Industries Group, Taekett S.A., Interface, Inc., Dixie Group, Inc., and Others |
| Key Segment | By Type, Material, End-User, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. Examine possible purchases |
Key Players Insights
With their company profiles, current developments, and important business strategies, the study covers an in-depth competitive analysis of these important competitors in the carpets and rugs market. Among the companies in the market are Milliken & Company, The Dixie Group, Inc., Balta Industries NV, and Mannington Mills, Inc.
- Mohawk Industries, Inc.
- Shaw Industries Group
- Taekett S.A.
- Interface, Inc.
- Dixie Group, Inc.
Recent Development
Aug 2020 – The newest rice straw-based collection from Made in India, FRNDRING, was introduced by IKEA in August 2020. Includes a new line of eco-friendly goods like rugs, lampshades, and other decorations. The company wants to encourage farmers to practice sustainable agriculture and lessen pollution.
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Competitive Landscape
With their company profiles, latest developments, and important market strategies, the study covers an in-depth competitive analysis of these important players in the Carpets & Rugs market.
The global carpets and rugs market is segmented as follows:
By Type
- Tufted
- Woven
- Needle-punched
- Knotted
- Others
By Material
- Nylon
- Polyster
- Polypropylene
- Others
By End-User
- Residential
- Non-residential
- Automotive & Transportation
By Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of AsiaPacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
To know about the assumptions considered for the study, download the pdf brochure @https://www.custommarketinsights.com/request-for-free-sample/?reportid=11270
Key Insights:
- The Carpets and Rugs market is anticipated to expand annually at a CAGR of roughly 5.5% over the projected period, according to the study supplied by our research analyst (2022-2030).
- The market for carpets and rugs was estimated to be worth roughly USD 78.12 billion in revenue in 2021, and it is anticipated to grow to USD 120 billion by 2030. The market is expected to grow significantly over the coming years as a result of a number of driving factors.
- Based on material segmentation, it was anticipated that nylon material would hold the largest market share in 2021.
- Geographically speaking, the “North America” region generated the most income in 2021.
Click Here to Get a Free Sample Report of the Global Carpets & Rugs Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11270
Spectacular Deals
- Comprehensive coverage
- Maximum number of market tables and figures
- Subscription-based option offered
- Best price guarantee
- Free 35% or 60 hours of customization.
- Free post-sale service assistance.
- 25% discount on your next purchase.
- Service guarantees are available.
- Personalized market brief by author.
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Reasons for the Research Report
- The study provides a thorough overview of the global Carpets & Rugs market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Carpets & Rugs market analysis.
- The competitive environment of current and potential participants in the Carpets & Rugs market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Carpets & Rugs market should find this report useful. The research will be useful to all market participants in the Carpets & Rugs industry.
- Managers in the Carpets & Rugs sector are interested in publishing up-to-date and projected data about the worldwide Carpets & Rugs market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Carpets & Rugs products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
Click Here to Get a Free Sample Report of the Global Carpets & Rugs Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11270
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Click Here to Get a Free Sample Report of the Global Carpets & Rugs Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11270
