The carpets and rugs market are expected to grow at 4.6% CAGR from 2024 to 2030. It is expected to reach above USD 111.95 billion by 2030 from USD 75.85 billion in 2023.
A comprehensive examination of the recently released research report from Exactitude Consultancy, titled “Global Carpets and Rugs Market Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2024-2030” is presented. This study encompasses essential insights into the target market, including projections regarding potential revenue, customer demands, regional assessments, and the principal elements poised to influence the market’s future trajectory. The report offers insights into prominent companies operating in the industry, newcomers to the market, supply chain innovations, financial considerations, noteworthy industry events, technological advancements, and forthcoming strategies, including mergers and acquisitions. To present readers with a holistic perspective of the market, the report categorizes the global Carpets and Rugs market based on criteria such as type, applications, distribution channels, geography, and more.
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Year Considered to Estimate the Market Size:
· Base Year of the Analysis: 2023
· Historical Period: 2018-2023
· Forecast Period: 2024-2030
Competitive Landscape
The Carpets and Rugs market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Carpets and Rugs market.
Leading Key players included in this Report are:
Major players in the Carpets and Rugs Market are identified through secondary research and their market revenues determined through primary and secondary research are: Mohawk Industries, Shaw Industries Group, Lowes Companies, Tarkett S.A, Dixie Group, Interface, Tai ping Carpets, Victoria PLC, Home Depot. among other domestic.
Carpets and Rugs Market Segmentation:
Carpets And Rugs Market By Type, 2024-2030, (Usd Billion) (Thousand Units)
Tufted
Woven
Needle-Punched
Knotted
Carpets And Rugs Market By Material, 2024-2030, (Usd Billion) (Thousand Units)
Nylon
Polyester
Polypropylene
Carpets And Rugs Market By End-User 2024-2030, (Usd Billion) (Thousand Units)
Residential
Non-Residential
Automotive & Transportation
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Regional Outlook:
◘ North America (United States, Canada, and Mexico)
◘ Europe (Germany, France, UK, Russia, and Italy)
◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
◘ South America (Brazil, Argentina, Colombia, etc.)
◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Important Features that are under offering & key highlights of the report:
- Detailed overview of Carpets and Rugs market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Carpets and Rugs market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Carpets and Rugs market performance
- Market player’s information to sustain and enhance their footprint
Key Benefits:
⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Carpets and Rugs market.
⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global Carpets and Rugs market.
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Carpets and Rugs Market.
Following are some of the Most Important Questions that are Answered in this Report:
➟ What are the key regulatory frameworks governing significant sectors within the Carpets and Rugs Market?
➟ Which technological advancements are exerting the most significant influence on the projected growth of the global Carpets and Rugs Market?
➟ Who are the leading global enterprises currently exerting significant control over the majority of the Carpets and Rugs Market?
➟ What primary business models are typically employed by the major companies in this market?
➟ What are the pivotal factors expected to impact the global expansion of the Carpets and Rugs Market?
➟ How do major companies operating in the global Carpets and Rugs Market space incorporate crucial strategies?
➟ What are the existing revenue contributions of various product categories in the global Carpets and Rugs Market, and what changes are anticipated in this regard?
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· The systematic and methodical market research process.
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