Carpets and Rugs Market By Material (Polyester, Nylon, Polypropylene, and others): By Type (Woven Carpets and Rugs, Knotted Carpets and Rugs, Needle-Punched Carpets and Rugs, Tufted Carpets and rugs, Others): By End-use Segment (Residential, Non-residential, Automotive & transportation) Global Analysis by Market size, share & trends for 2020-2021 and forecasts to 2031
[ 171+ Pages Research Report ] Carpets and Rugs Market to surpass USD 16184.2 million by 2031 from USD 10764.5 million in 2021 at a CAGR of 4.16% within the coming years, i.e., 2021-31 . Prod... もっと見る
Summary[ 171+ Pages Research Report ]Carpets and Rugs Market to surpass USD 16184.2 million by 2031 from USD 10764.5 million in 2021 at a CAGR of 4.16% within the coming years, i.e., 2021-31 . Product overview Carpets and Rugs are the fabric floor covering consisting of an upper layer of pile combined with a field, and to control the implied movements of the interior pattern. The design of the inner part and outer backing. Carpets and Rugs are basically decorative textiles made of thick material used for their aesthetic appeal and intended as a floor covering. Design usually contains an inner field, the pattern in the center, and a border. The latter serves to highlight the limits, isolate the border that must match pleasingly. Furthermore, they are mainly used to cover residential and non-residential floors, which include educational institutions, offices, healthcare facilities, hotels, and retails outlets in order to decorate and enhance the appearance of the interior space. Market Highlights The Carpets and Rugs Market is predicted to project a notable CAGR of 4.16% in 2031. Increased use in decoration and thermal insulation and covering of floor will fuel industry growth over the next ten years. Increased global infrastructure spending is expected to drive demand over the forecast period. In addition to industry growth, carpet and Rugs Market penetration is expected to rise above the forecast level. On the other hand, increasing Investment by the major players in new environmentally friendly techniques to produce Carpets and Rugs will create more opportunities that will result in the growth of the Carpets and Rugs Market over the forecast period. Carpets and Rugs Market: Segments Residential segment to grow with the highest CAGR during 2021-2031 Carpets and Rugs Market is segmented by end-use sector into Residential, Non-residential, Automotive and transportation. Residential segment is projected to grow at the highest CAGR from 2021 to 2031 owing as carpets are mainly used as floor covering. In residential sector it is used to embrace aesthetic appeal of an area and sound and thermal insulation. The demand from this sector is maintained by increased investment in new housing constructions and home redecoration projects such as the replacement of out-of-style carpets and rugs, which is also driven by increase in disposable income of consumers. Tufted Carpet Segment Is Expected to Grow In 2021-2031 By Type, Carpet and Rugs market can be segmented into Woven Carpets and Rugs, Knotted Carpets and Rugs, Needle-Punched Carpets and Rugs, Tufted Carpets and rugs, Others. Tufted carpet demand is expected to rise globally owing to the use of synthetic material, which makes it cheap as compared to woven carpets, and the making o carpets is also less labor-intensive. Consumers prefer carpets that are easily washable and affordable. Carpets and Rugs Market: Market Dynamics Drivers Rise in the number of renovation & remodeling activities Carpets and Rugs are widely used as a remodeling activity to make the room look pleasing to see. demand, to some extent, has also been driven by the easing economic crisis, which has led to a renewed demand for carpets & rugs. Moreover, the rising disposable income of consumers, especially in developing nations, is likely to encourage the growth of the market. Carpets and rugs are used for their creative appeal, which includes thermal insulation to the floor. In addition to covering floors and further improving the overall appeal of the home or office decor, carpets & rugs offer a protective layer to floors. Thus, it can be said that the remodeling activity and renovation are inextricably linked with carpets and Rugs market which makes its market soar. Growing interest of consumers toward interior decoration A Rise in disposable income led to a rise in the demand for leisure goods. Consumers are driving towards non-geometrical designer patterns and attractive colors in the carpets and rugs, which is likely to impact Carpet and Rugs Market in the forecast period. Consumers are focusing more on interior designing which boost the Carpet and Rugs market. In recent years, development have focused on making the product versatile, easier to install and maintain and durable. Restraints Bulky material The fabrics used in carpets and rugs are generally of wool which makes it heavy and bulky to carry. Nowadays customers prefer light and durable material but on the other hand carpets and rugs are made from bulky material which sometimes makes it unfavorable by the market. Effects of COVID19 in the Carpets and Rugs Market A large number of Carpet and Rugs companies felt the impact of the COVID19 pandemic in multiple dimensions and now emphasize sustained growth in the long-term future as the global textile industry and other fabric industries play an important role in countries' economic recovery. After the lockdown, Carpets and rugs companies are likely to see potential opportunities in the near future. Carpets and Rugs Market: Key Players Mohawk Industries, Inc. (U.S.) Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis Shaw Industries Group (U.S.) Lowe’s Companies, Inc. (U.S.) Taekett S.A. (France) Home Depot, Inc. (U.S.) Interface, Inc. (U.S.) Dixie Group, Inc. (U.S.) Orientals Weavers Company for Carpets (Egypt) Tai Ping Carpets International Limited (China) Victoria PLC (U.K.) Other prominent players Carpets and Rugs Market: Regions Carpets and Rugs Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America has been one of the dominating regions in terms of Carpets and Rugs Market globally and is expected to rise in the coming future too. The swift expansion of construction and housing industries in the region, especially in North America is one of the primary components enhancing the growth of Carpet and rugs Market in the near timeframe. Growing consumer interest in interior decoration and increasing renovation and remodeling activities in real estate sectors are some of the major factors in hyping the Carpet and rugs Market. Carpets and Rugs Market is further segmented by region into: North America Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-United States and Canada Latin America Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-Mexico, Argentina, Brazil and Rest of Latin America Europe market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR- United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe Asia Pacific Market size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC Middle East and Africa Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA Carpets and Rugs Market report also contains analysis on: Carpets and Rugs Market Segments: By Material Polyester Nylon Polypropylene Others By Type Woven Carpets and Rugs Knotted Carpets and Rugs Needle-Punched Carpets and Rugs Tufted Carpets and rugs Others By End-use Industry Residential Non-residential Automotive & transportation Carpets and Rugs Market Dynamics Carpets and Rugs Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved in the Market Value chain of the Market Market Drivers and Restraints Carpets and Rugs Market Report Scope and Segmentation Report Attribute Details Market size value in 2021 USD 10764.5 million Revenue forecast in 2031 USD 16184.2 million Growth Rate CAGR of 4.16% from 2021 to 2031 Base year for estimation 2021 Quantitative units Revenue in USD million and CAGR from 2021 to 2031 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered Material, Application, Type, End-Use Industry, and Region Region scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA) Key companies profiled Shaw Industries Group (U.S.), Lowe’s Companies, Inc. (U.S.), Taekett S.A. (France), Home Depot, Inc. (U.S.), Interface, Inc. (U.S.), Dixie Group, Inc. (U.S.), Orientals Weavers Company for Carpets (Egypt), Tai Ping Carpets International Limited (China), Victoria PLC (U.K.) Table of ContentsContents1. Executive Summary 2. Carpets and Rugs Market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Carpets and Rugs Market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Carpets and Rugs Market 11.1. Market Size & forecast, 2021A-2031F 11.1.1. By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 11.1.2. By Volume (Million Units) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12. Carpets and Rugs Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.2. By Material: Market Share (2021-2031F) 12.2.1. Polyester, By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.2.2. Nylon, By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.2.3. Polypropylene, By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.3. By Type: Market Share (2021-2031F) 12.3.1. Woven Carpets and Rugs, By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.3.2. Knotted Carpets and Rugs, By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.3.3. Needle-Punched Carpets and Rugs, By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.3.4. Tufted Carpets and rugs, By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.4. By End User Industry: Market Share (2021-2031F) 12.4.1. Residential, By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 12.4.2. Non-residential, By Value (USD Million) 2021-2031F; Y-o-Y Growth (%) 2021-2031F 13 Company Profile 13.1. Mohawk Industries 13.1.1. Company Overview 13.1.2. Company Total Revenue (Financials) 13.1.3. Market Potential 13.1.4. Global Presence 13.1.5. Key Performance Indicators 13.1.6. SWOT Analysis 13.1.7. Product Launch 13.2. Shaw Industries Group. 13.3. Lowe’s Companies, Inc 13.4. Taekett S.A. 13.5. Home Depot 13.6. Interface, Inc. 13.7. Dixie Group, Inc 13.8. Orientals Weavers Company for Carpets 13.9. Tai Ping Carpets International Limited 13.10. Other Prominent Players 14 Consultant Recommendation **The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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