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Carpet Market Size, Share, Global Revenue, Future Demand, Top Leading Manufactures by 2028

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Carpet Market Forecast 

Global Carpet Market is expected to grow over the CAGR of 7.8% approximately during the period 2020 to 2028.

Market Overview


Carpet Market
 is expected to grow during the forecast period, owing to the rising preference for modular carpet solutions among end-users. The increase in renovation activities for residential and commercial purposes and the use of carpets and rugs for floor decoration, are also driving the growth of the market. The market is also gaining traction owing to the increase in adoption of carpets and rugs in the countries with cold climatic conditions as they provide thermal insulation benefits.

Key Players
The key players of global Carpet Market include Mohawk Industries, Inc. (U.S.), Taekett S.A. (France), Lowe’s Companies, Inc. (U.S.), Shaw Industries Group (U.S.), Dixie Group, Inc. (U.S.), Home Depot, Inc. (U.S.), Tai Ping Carpets International Limited (China), Interface, Inc. (U.S.), Orientals Weavers Company for Carpets (Egypt), Victoria PLC (U.K.) and others.

Market Research Analysis:
Based on type
, the tufted segment is expected to dominate the market owing to its increased adoption by the residential construction and commercial projects. The technological advancements have allowed the usage of recycled fiber in manufacturing of carpets and rugs, which is further driving the market for tufted carpets and rugs. Tufting is appropriate for all types of fibers & yarns and can be made in a variety of finishes, which increases the use of such types of carpets.
Based on end-use, the residential segment is expected to grow at the highest CAGR owing to the increase in adoption of carpets for the purpose of floor coverings among residential end-users. Carpets are available in a range of colors and textures, which make them suitable for use by residential end-users in all types of decors. The increasing investment in new housing constructions and the rapid increase in home renovation projects, are driving the growth of the residential sector in the carpets and rugs market

By Material

  • Nylon
  • Polyester
  • Polypropylene

By Type

  • Woven
  • Tufted
  • Knotted
  • Needle-punched

By End-Use

  • Residential
  • Non-residential
  • Automotive & Transportation

By Region

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

Access Full Report Details Below Click links @ https://www.marketresearchfuture.com/reports/carpet-and-rugs-market-4154

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