Global Carpets and Rugs Market: In-Depth Business Growth scenarios and top manufacturers are Shaw Industries Group, Inc., Lowe’s Companies, Inc., Interface Inc., Mohawk Industries Inc., Tarkett S.A., Victoria PLC, The Home Depot, Axminster Carpets Ltd
The Global Carpets and Rugs Market is expected to reach USD 133.15 billion by 2025, from USD 91.95 billion in 2017 growing at a CAGR of 4.5% during the forecast period of 2018 to 2025.
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Most Prominent manufacturers are Mohawk Industries Inc., Shaw Industries Group, Inc., Tarkett S.A., Lowe’s Companies, Inc., Interface Inc., Dixie Group, Inc., Oriental Weavers Company for Carpet., Tai Ping Carpets International Limited, Victoria PLC, The Home Depot, Inc.,Mannington Mills, Inc., Beaulieu International Group, Ikea Group, Engineered Floors LLC, Royalty Carpet Mills, Inc., Stark Carpet Corp., Invista, Milliken & Company, Kraus Carpet Mills Ltd., Couristan, Inc, ABBey Carpet & Floor, Axminster Carpets Ltd, Floor Coverings International, Avalanche Flooring, Inc., Foamex International In and many more.
Based on geography, the global carpets and rugs market report covers data points for 28 countries across multiple geographies namely
• North America & South America,
• Asia-Pacific and,
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Based on type, the global carpets and rugs market is segmented into
• knotted and others
On the basis of material, the global carpets and rugs market is classified into
• polypropylene and others
On the basis of end user, the global carpets and rugs market is classified into
• non-residential and
• automotive & transportation.
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The global carpets and rugs market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of carpets and rugs market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers & Market Restraint
• Rise in the number of renovation & remodelling activities.
• Growing interest of consumers toward interior decoration.
• Rapid growth of urbanization & globalization.
• Rise in the number of construction activities in the developing economies.
• Growing importance of organized retailing.
• High Prices of Raw Materials.
• Increase in problem of disposal of wastes.
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