Carpets and Rugs Market Future Forecast Indicates Impressive Growth Rate by 2028

Carpets and rugs add beauty and style to the living space. They enhance and brighten up the dark or gloomy rooms. They act as a passive air filter by trapping the dust particles, thus, keep the indoor breathing zone dust free. Moreover, they offer comfort and warmth during the winter season and at the areas where climate is considerably cold. Additionally, they absorb the noise of televisions, computers, home theatres, making the place peaceful.

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Growing number of renovation and refurbishing activities and rising trend of interior designing are the crucial factor driving the growth of carpets & rugs market. Moreover, rapid urbanization and rising disposable income levels of consumers across the globe are the factors expected to fuel the market growth over the forecast period. However, high costs of raw materials leading to high product cost is expected to hinder the market growth.

The global carpets & rugs market is segmented into product type, material, and end use. By product type, the carpets & rugs market is bifurcated into woven, tufted, needle-punched, knotted, flat weave, and others. By material, the carpets & rugs market is bifurcated into nylon, polyester, polypropylene, and others. By end use, the carpets & rugs market is bifurcated into residential and commercial.

The Leading Key Players operating in the Carpets and Rugs Market Research Report are-

Mohawk Industries, Inc.
Shaw Industries Group
Lowe's Companies, Inc.
Taekett S.A.
Home Depot, Inc.
Interface, Inc.
Dixie Group, Inc.
Orientals Weavers Carpet Company
Tai Ping Carpets International Limited
Victoria Plc

Key regions including but not limited to North America, Asia Pacific, Europe, and the MEA are exhaustively analyzed based on market size, CAGR, market potential, economic and political factors, regulatory scenarios, and other significant parameters. The regional analysis provided in the report will help market participants to identify lucrative and untapped business opportunities in different regions and countries. It includes a special study on production and production rate, import and export, and consumption in each regional Carpets and Rugs market considered for research. The report also offers detailed analysis of country-level Carpets and Rugs markets.

Players can use the report to gain sound understanding of the growth trend of important segments of the Carpets and Rugs market. The report offers separate analysis of product type and application segments of the Carpets and Rugs industry. Each segment is studied in great detail to provide a clear and thorough analysis of its market growth, future growth potential, growth rate, growth drivers, and other key factors. The segmental analysis offered in the report will help players to discover rewarding growth pockets of the Carpets and Rugs market and gain a competitive advantage over their opponents.

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