The “Carpets & Rugs Market by Type (Tufted, Woven, Needle-punched, Knotted), Material (Nylon, Polyester, Polypropylene), End-use Sector (Residential, Non-residential, Automotive & Transportation), and Region – Global Forecast to 2022” report has been added to Research and Markets’ offering.
The global market for carpets & rugs is projected to grow from USD 91.60 billion in 2017 to reach USD 112.69 billion by 2022, at an estimated CAGR of 4.2%
The carpets & rugs market is driven by factors such as growing interest of consumers toward interior decoration and rapid urbanization & globalization. Factors such as growth in the demand from the residential sector and rise in number of renovation & remodeling activities are further driving the demand for carpets & rugs.
Emerging markets such as the Asia-Pacific region have contributed to an increase in the application of carpets & rugs in the construction industry. High prices of raw materials is a restraining factor for the carpets & rugs market.
The tufted type of carpets & rugs is projected to grow at the highest CAGR between 2017 and 2022. The increasing demand from residential and non-residential sectors is driving the expansion of tufted type of carpet in the carpets & rugs market. Tufted carpets account for the majority share of the carpets & rugs market, since they are extremely sturdy and hardwearing as well as quick and easy to manufacture.
Asia-Pacific is to gain maximum traction during the forecast period.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Carpets & Rugs Market, By Type
8 Carpets & Rugs Market, By Material
9 Carpets & Rugs Market, By End-Use Sector
10 Carpets & Rugs Market, By Region
11 Competitive Landscape
12 Company Profiles
– ABBey Carpet & Floor
– Avalanche Flooring, Inc.
– Axminster Carpets Ltd
– Beaulieu International Group
– Couristan, Inc.
– Dixie Group, Inc.
– Engineered Floors LLC
– Floor Coverings International
– Foamex International Inc
– Ikea Group
– Interface Inc.
– Invista
– Kraus Carpet Mills Ltd.
– Lowe’s Companies, Inc.
– Mannington Mills, Inc.
– Milliken & Company
– Mohawk Industries Inc.
– Oriental Weavers Company for Carpet.
– Royalty Carpet Mills, Inc.
– Shaw Industries Group, Inc.
– Stark Carpet Corp.
– Tai Ping Carpets International Limited
– Tarkett S.A.
– The Home Depot, Inc.
– Victoria PLC
For more information about this report visit https://www.researchandmarkets.com/research/3n7d66/carpets_and_rugs