Carpets and Rugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2030

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.

The increasing construction of wind power facilities across the world and high growth in construction industry are driving the growth of the Carpets and Rugs market. Higher cost of Carpets and Rugs may restrain the growth of the Carpets and Rugs market. Furthermore, increasing focus on reducing dependency on conventional power is anticipated to create market opportunities for the Carpets and Rugs market during the forecast period.

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MARKET DYNAMICS
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.

MARKET SEGMENTATION
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.

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Carpets and Rugs market based on various segments. It also provides market size and forecast estimates from year 2020 to 2030 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Carpets and Rugs market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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The report covers the major market players including:
• 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

Report Spotlights
• Progressive trends in the Carpets and Rugs industry to help players develop effective long-term strategies
• Business growth strategies adopted by the market players in developed and developing countries
• Estimation of global demand for Carpets and Rugs Market
• Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
• Recent developments to understand the competitive market scenario
• Market trends and outlook as well as factors driving and restraining the growth of the Carpets and Rugs Market
• Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
• The size of the market at various nodes
• Detailed overview and segmentation of the market, as well as the industry dynamics
• Size of the Carpets and Rugs Market in various regions with promising growth opportunities

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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