Carpet and Rugs Market Growth, Trends And Forecast 2023 | Mohawk Industries, Inc., Home Depot, Inc., Taekett S.A,.Orientals Weavers Company for Carpets, Lowe's Companies, Inc.

The carpet and rugs market is expected to be driven by the increase in interest of the end-users for the decoration of interiors of the residential structures and workplaces along with rapid urbanization and increase in spending power of consumers in developing nations. The rapid increase in the renovation and remodeling activities is further expected to drive the demand for carpet and rugs market during the forecast period. However, the growth of this market is expected to be restrained by the high cost of raw materials.

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Top Manufacturers:

Mohawk Industries, Inc.

Taekett S.A.

Lowe's Companies, Inc.

Shaw Industries Group

Dixie Group, Inc.

Home Depot, Inc.

Tai Ping Carpets International Limited

Interface, Inc.

Orientals Weavers Company for Carpets

Victoria PLC

Industry Segments:

The market has been analyzed based on the three segments of material, type and end-use in the regions of North America, Europe, APAC and rest of the world.

On the basis of materials the market includes Nylon, Polyester and Polypropylene.

On basis of type, the global carpet and rugs market has been segmented as Woven, Tufted, Knotted and Needle-punched.

Moreover on the basis of end-use it includes Residential, Non-residential and Automotive & Transportation.

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Table Of Contents

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Geographical Overview:

North America is expected to exhibit the highest growth in the global Carpet and rugs market during the forecast period, owing to factors such as huge investments for the product innovations in terms of quality and designs. The Asia-Pacific region is expected to grow, owing to factors such as the rise in adoption and manufacture of eco-friendly carpets from natural and biodegradable renewable fibers and the existence of many unorganized players in the market of carpets and rugs.  

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