Rugs and Carpets Market 2023 Growth Trends and Future Outlook 2030 | Shaw Industries, Mohawk, Milliken

Published September 8, 2023

Infinity Business Insights shared report on “Rugs and Carpets Market” which provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. This report will help the viewer in Better Decision Making.

The Rugs and Carpets Market is the global market for rugs and carpets. It includes both machine-made and handmade rugs and carpets. Rugs and carpets are used for decorative and functional purposes in homes, offices, and other commercial establishments. Projected to grow at a CAGR of 4.24% from 2023 to 2030, the market’s estimated size is USD 106.01 billion by 2030.

The Key companies profiled in the Rugs and Carpets Market:

The study examines the Rugs and Carpets Market’s competitive landscape and includes data on Shaw Industries, Mohawk, Milliken, Beaulieu, Interface, Tarkett, Dixie Group, Oriental Weavers, Balta, Brintons, Infloor, Dinarsu, Merinos, Dongsheng Carpet Group, Jiangsu Kaili Carpet, Shanhua Carpet, Haima Carpet, TY Carpet, COC Carpet, Shenzhen Meijili Carpet, HUADE Group, Zhemei Carpets & Others.

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The global rugs and carpets market is gaining momentum due to factors such as increasing demand for home décor, the growing popularity of soft flooring, rising disposable incomes, technological advancements, changing lifestyles, and growing online sales. The demand for rugs and carpets is driven by the increasing time spent at home, the preference for soft flooring over hard ones, and the increasing disposable incomes of consumers. Technological advancements in rug and carpet technology make them more durable, stylish, and affordable. The growing demand for rugs and carpets in smaller spaces is also driving the market. Online sales are also on the rise, driven by the growing preference for eco-friendly and sustainable products. The global rugs and carpets market is expected to continue growing in the coming years.

Global Rugs and Carpets Market Segment by Type & Applications:

This report segments the Rugs and Carpets Market on the basis of Types:
Needle Felt

On the basis of Application, the Rugs and Carpets Market is segmented into:

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Rugs and Carpets Market Regional Analysis:
The rugs and carpets market is primarily based on regional trends and opportunities, with major regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa being key players. North America’s growth is attributed to the increasing popularity of home decor, the growing real estate industry, and the availability of luxury options. Europe, driven by interior design and the hospitality industry, is also a significant market. Asia Pacific, driven by China, India, and Japan, is experiencing rapid growth due to increasing disposable income, urbanization, and lifestyle preferences. Latin America is emerging due to improved economic conditions, urbanization, and the construction industry. The Middle East and Africa market is also growing due to increasing disposable income and interior decoration.

Rugs and Carpets Market – COVID-19 and Recovery Analysis:
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain including Rugs and Carpets industry. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Rugs and Carpets. This report on Rugs and Carpets Market provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation in the Rugs and Carpets industry.

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Rugs and Carpets Market Research Methodology:
The rugs and carpets market can be studied using various market research methods, including secondary research, primary research, expert interviews, market testing, and economic analysis. Key drivers and trends include growing demand, disposable incomes, ethnic rugs, changing interior design trends, and online sales. Secondary research helps understand market size and trends, while primary research focuses on understanding buyer preferences. Other techniques include SWOT analysis, Porter’s Five Forces analysis, Delphi method, and scenario planning. The choice of research method depends on the study’s objectives and resources.

The study objectives of this Rugs and Carpets Market Report are:
• Focuses on the key global Rugs and Carpets companies, to define, describe and analyze the sales volume, value, market share, market competition landscape, and recent development.
• To project the value and sales volume of Rugs and Carpets submarkets, with respect to key regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To study and analyze the global Rugs and Carpets market size (value & volume) by company, key regions, products, and end-user, breakdown data from the Last Five Years, and forecast to 2030.
• To understand the structure of the Rugs and Carpets market by identifying its various sub-segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).

1. During the projected period, what will be the market’s development rate, development force, or speed increase?
2. What are the fundamental drivers of the market?
3. As far as worth, how large was the developing business sector in 2023?

Browse the complete Rugs and Carpets Market report details with table of contents and list of figures click here

Major Points from Table of Contents:
Chapter 1: Rugs and Carpets Market Overview
Chapter 2: Company Profiles
Chapter 3: Rugs and Carpets Market Competition, by Players
Chapter 4: Rugs and Carpets Market Size Segment by Type
Chapter 5: Rugs and Carpets Market Size Segment by Application
Chapter 6: North America by Country, by Type, and by Application
Chapter 7: Europe by Country, by Type, and by Application
Chapter 8: Asia-Pacific by Region, by Type, and by Application
Chapter 9: South America by Country, by Type, and by Application
Chapter 10: Middle East & Africa by Country, by Type, and by Application
Chapter 11: Research Findings and Conclusion
Chapter 12: Appendix…

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