· 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.
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§ Carpets and rugs are popular because of their aesthetic and practical qualities. It's an addition to floor coverings that adds to the overall beauty of a house or office's decor. Rugs and carpets protect floors by adding a layer of padding. Rugs and carpets are a blessing for people who live in cold climates because they keep the floor from being too cold. The major applications of carpets and rugs involve commercial, residential and industries. In developed economies, carpets and rugs have higher demand.
§ Additionally, the credible Data Bridge market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for chemical and materials industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.
The carpets and rugs market is segmented on the basis of type, product, material, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Synthetic Fiber
- Natural Fiber
- Specialty Stores
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Market Country Level Analysis
The countries covered in the carpets and rugs market report are
ü U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Industry Share Analysis
Some of the major players operating in the carpets and rugs market are
- 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)
- Victoria PLC (U.K.)
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