IMARC Group, a leading market research company, has recently releases report titled “Carpet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global carpet market trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the carpet market?
Report Attributes | Details |
Market Size in 2022 | US$ 60.3 Billion |
Market Forecast in 2028 | US$ 77.2 Billion |
Growth rate (2023 to 2028) | CAGR of 4.27% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
What is Carpet?
A carpet is a type of floor covering that is commonly used in both residential and commercial settings. It is typically made from various materials, such as wool, nylon, polyester, or polypropylene, and is available in a range of colors, patterns, and textures. Carpets can be installed wall-to-wall, covering an entire room, or can be made into custom-sized rugs. They are typically chosen for their comfort, insulation, and aesthetic appeal, as they can add warmth and texture to a space. Carpets also help to absorb noise and are easy to maintain with regular cleaning. They are a popular choice as a durable, long-lasting flooring solution that is both comfortable and attractive.
Request for a free sample copy of this report: https://www.imarcgroup.com/carpet-market/requestsample
What are the growth prospects and trends in the carpet industry?
The steadily expanding residential sector represents one of the key factors driving the market growth. In line with this, rising infrastructural developments and an increasing number of ongoing housing projects are contributing to the market growth. In addition to this, the rising shift in homedecor trends, such as a preference for cozy and comfortable interiors are facilitating the product sales as they are often chosen for their aesthetic appeal and ability to add warmth and texture to a space. This, in turn, is acting as another major growth-inducing factor. Other factors, such as increasing disposable income and significant advancements in the manufacturing technology, are creating a positive outlook for the market.
Who are the key players operating in the industry?
The report covers the major market players including:
- Armstrong Flooring Inc.
- Balta Industries nv.
- Beaulieu International Group
- Brumark
- Dorsett Industries
- Interface Inc.
- Mannington Mills Inc.
- Milliken Company
- Mohawk Industries Inc.
- Shaw Industries Group Inc. (Berkshire Hathaway Inc.)
- Tarkett
- Victoria PLC
Key Market Segmentation:
The report has segmented the global carpet market on the basis of material, price point, sales channel, end-user and region.
Breakup by Material:
- Nylon
- Olefin
- Polyester
- Others
Breakup by Price Point:
- Economy
- Luxury
Breakup by Sales Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
Breakup by End User:
- Residential
- Commercial
Breakup by Region:
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
Ask Analyst for Customization and Browse full report with TOC List of Figure: https://www.imarcgroup.com/carpet-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
ket research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/