Press release
Carpets & Rugs Market is Projected to Reach USD 116.73 Million by 2029
The report is designed to provide a holistic view of the Carpets & Rugs Market 2029. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for each country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.Global Carpets and Rugs Market was valued at USD 172.47 million in 2021 and is expected to reach USD 116.73 million by 2029, registering a CAGR of 5.00% during the forecast period of 2022-2029.
Top Companies in the Global Carpets & Rugs Market:
Mohawk Industries, Inc. (U.S.), Shaw Industries Group Inc., (U.S.), Genie Carpet Manufacturers (India), Royalty Carpet Cleaning & Flooring (U.S.), Inter IKEA Systems B.V. (Netherlands), Beaulieu International Group (Belgium), Engineered Floors LLC (U.S.), Milliken & Company (U.S.), Lowe's (U.S.), Taekett (France), Home Depot (U.S.), Interface, Inc. (U.S.), Dixie Group, Inc. (U.S.), Orientals Weavers (Egypt), Tai Ping (China), among others.
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This report segments the global Carpets & Rugs Market are:
Type
• Carpet
• Rugs
Product
• Woven
• Tufted
• Knotted
• Needle-Punched
• Flat-Weave
• Hooked
• Others
Material
• Synthetic Fiber
• Natural Fiber
Application
• Residential
• Commercial
• Industrial
• Institutional
Distribution Channel
• Supermarket/Hypermarkets
• Specialty Stores
• Online
• Others
Regional Insights:
North America holds a prominent position in the market in terms of market share and revenue, and this dominance is expected to continue during the forecast period of 2022-2029. The market's growth in this region can be attributed to factors such as high disposable income and the increasing adoption of interior trends.
Conversely, Asia-Pacific is projected to experience lucrative growth during the forecast period of 2022-2029. This growth is driven by the rise in construction activities and the growing demand for carpets and rugs in both residential and commercial sectors in the region.
Browse The Report Description:
https://www.databridgemarketresearch.com/reports/global-carpets-rugs-market?Pradip
A reliable Carpets & Rugs market survey report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winning Carpets & Rugs market report.
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Carpets & Rugs Market
-Changing the Carpets & Rugs market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Carpets & Rugs market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Carpets & Rugs Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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