Press release
Carpet Tiles Market is estimated to reach USD 5095.2 Million by 2030 : Cognitive Market Research
Carpet Tiles Market is estimated to reach USD 5095.2 Million by 2030 : Cognitive Market Research
• What is a Carpet Tile?
A carpet tile is also known as a modular carpet or square carpet. It is made up of squares cut from wall-to-wall rolls that can be joined together to form a carpet. Carpet tiles come in the following sizes: 48x48, 50x50, 60x60, and 96x96 cm. Carpet tiles are made up of a layer of pile fibers that are tufted into a main backing and then strengthened by a second layer.
Summary:
- The Carpet Tiles Market will grow from USD 3751.8 Million in 2022 to USD 5095.2 Million by 2030, at a CAGR of 3.9% during the forecast period of 2023-2030.
"To know more The Carpet Tiles Market statistics click here: https://www.cognitivemarketresearch.com/carpet-tile-market-report
Market Dynamics:
• Growing focus on interior design activities drives the market growth
Interior design serves to improve the spirit while also successfully optimizing the space in the area to make the greatest use of the available space. Interior design is very significant in human lives nowadays, as it makes daily living more contemporary and fashionable. It not only introduces elegance and comfort, but it also serves to increase the value in the lives. Modern society is placing a great deal of importance on the indoor design since it enhances the modernity and style of daily life. In addition to adding style and comfort, it also makes people's lives more useful. The data show that the interior design market has grown at a CAGR of about 6.75 percent per year. This raises the demand for carpet tiles.
• Challenges of the Carpet Tiles Market
The inconsistent appearance of carpet tile can hamper the market growth. Even if it is meticulous in the tile arrangement, it will never have the same uniform appearance as wall-to-wall carpeting. There are a few possible causes for this, including the seams and a possible tiny variation in naps from one tile to the next. Carpet tiles have seams every 12, 18, or 24 inches, depending on the size of the tiles. These seams will always be apparent, no matter how precisely the carpet is placed. This factor slows down the adoption rate of carpet tiles.
• Growth in e-commerce sales will boost the market growth
The growing adoption of cell phones, quick and inexpensive access to technology, and the convenience of purchasing from anywhere, at any time during a coronavirus pandemic have all contributed to increase in eCommerce sales. The positive shift in consumer attitudes toward e-commerce has resulted in a rise in the use of online shopping, which has resulted in an increase in the buying and selling of carpet tiles through a variety of online websites. As a result, the rising usage of e-commerce will provide prominent growth opportunities for the growth of the carpet tiles market.
Carpet Tiles Market Segmentation:
Type
• Square
• Rectangle
Application
• Residential
• Commercial
• Others
Distribution Channel
• Online
• Offline
The Major Players in Carpet Tiles Market are:
Tapibel, Shaw Industries, EO Technology Co. Ltd., Japan Carpet Co. Ltd. (JCC), SUMINOE Co.Ltd. , Beaulieu, Nabel Ceramics, Wuxi Diamond Carpet Manufacturing Co.Ltd. , Suminoe Textile Co.Ltd. , Hunan Tianxin Technology Co.Ltd.
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Regional Analysis:
• North America dominates the Carpet Tiles Market
The Global Carpet Tiles market is geographically divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America dominates the market owing to the increasing consumer inclination toward interior design activities, rising disposable income, availability of carpet tile with numerous designs, rise in online sales, and many others.
Carpet Tiles Market Recent News
• Tarkett collaborated with Aquafil
In December 2019, Tarkett, located in Paris, announced a collaboration with Aquafil, based in Italy, to close the loop on commercial carpet tiles. The cooperation is the culmination of years of intense engagement that has gone beyond the usual customer-supplier relationship. Tarkett, in collaboration with Aquafil, seeks to accelerate its circular economy journey while also leading the industry in carpet recycling advancements.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Carpet Tile Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Carpet Tile Market Segmentation
1.5.1 Carpet Tile Market Regional Fragmentation
1.5.1 Carpet Tile Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Carpet Tile Market
Chapter 4 Global Carpet Tile Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Carpet Tile Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Carpet Tile Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Carpet Tile Market by Material Type Segmentation Analysis (2018-2030)
Chapter 12 Global Carpet Tile Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 13 Global Carpet Tile Market Regional Analysis
• 13.1 Detailed Qualitative Analysis
• 13.2 Global Carpet Tile Market Revenue by Region (2018-2030)
• 13.2 Global Carpet Tile Market Share (%) by Region (2018-2030)
Chapter 14 North America Carpet Tile Market Outlook (2018 - 2030)
Chapter 15 Europe Carpet Tile Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Carpet Tile Market Outlook (2018 - 2030)
Chapter 17 Latin America Carpet Tile Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Carpet Tile Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more Carpet Tiles Market TOC click here: https://www.cognitivemarketresearch.com/carpet-tile-market-report#table_of_contents
Related Report:
• Indoor Carpet Tiles Market - https://www.cognitivemarketresearch.com/indoor-carpet-tiles-market-report
• Modular Carpet Tiles Market - https://www.cognitivemarketresearch.com/modular-carpet-tiles-market-report
• Loop Pile Carpet Tiles Market - https://www.cognitivemarketresearch.com/loop-pile-carpet-tiles-market-report
Article:
• Rising awareness of Garment Knitting Market - https://www.cognitivemarketresearch.com/articles/rising-awareness-of-garment-knitting-market
Blog:
• Why Market Research is Crucial for Retailers - https://www.cognitivemarketresearch.com/blog/why-market-research-is-crucial-for-retailers
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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