Press release
GCC Carpet Market Size, Growth, Price Trends and Forecast 2023-2028
GCC Carpet Market
The GCC carpet market is projected to exhibit a growth rate (CAGR) of 5.30% during 2023-2028. Rapid urbanization and infrastructure development, the expanding hospitality sector, the increasing traditional and cultural significance, growing affluent population, aesthetic and design trends, and government initiatives and support represent some of the key factors driving the market.
What is Carpet?
A carpet is a flooring made up of a layer of fibers that are woven and tufted together to create a soft and comfortable surface. It is designed using various materials, including nylon, polyester, wool, and acrylic. It has the ability to insulate heat and sound and aids in providing a cozy and quiet environment. It also helps in filtering air, trapping dust, allergens, and other particles that can be easily vacuumed away. It can also be customized to fit specific spaces and can be easily installed, maintained, and replaced. Moreover, as it offers a non-slip surface that reduces the risk of accidents and falls, it is widely used in homes and offices.
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Industry Trends and Drivers:
Rapid urbanization and the increasing construction of residential and commercial properties in the GCC region represent one of the key factors catalyzing the demand for carpets. Additionally, the rising preferences for luxurious and visually appealing interiors are driving the demand for high-quality, ornate carpets that enhance the aesthetic appeal of living spaces. Apart from this, the thriving tourism and hospitality sectors in the GCC region and the rising need for carpets in hotels, resorts, and entertainment venues are offering a favorable market outlook. Furthermore, the expansion of retail outlets across the region is attracting a wider consumer base.
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What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Material Insights:
Nylon
Olefin
Polyester
Others
Price Point Insights:
Economy
Luxury
Sales Channel Insights:
Supermarkets and Hypermarkets
Specialty Stores
Online Stores
End User Insights:
Residential
Commercial
Country Insights:
Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain
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Japan Watch Market https://www.linkedin.com/pulse/watch-industry-japan-market-size-growth-report-2028-abhinandan-kumar/
Europe Steel Market https://www.linkedin.com/pulse/europe-steel-industry-size-share-report-2023-2028-abhinandan-kumar/
Japan Cosmetics Market https://www.linkedin.com/pulse/cosmetics-industry-japan-2023-market-size-trends-2028-kumar/
India Halal Food Market https://www.linkedin.com/pulse/halal-food-market-size-demand-india-2023-2028-abhinandan-kumar/
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