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Carpet Industry Is Projected to Reach 255900 Million USD in 2025 - QY Research

The Carpet Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

 

City of Industry, CA -- (SBWIRE) -- 09/21/2018 -- This study researches the market size of Carpet, presents the global Carpet sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Carpet in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Carpet for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. Rugs and Carpets are textile floor covering consisting of an upper layer of pile attached to a backing. The pile is generally either made from wool or fibers such as polypropylene, nylon or polyester and usually consists of twisted tufts which are often heat-treated to maintain their structure. As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with carpet industry in short supply on the market in the past few years, more and more companies enter into carpet industry, the current demand for carpet product is relatively low, lack of demand, excess supply.

In the next six years, the global consumption of Rugs and Carpet will maintain a 3.6% annual growth rate ,consumption is expected in 2023 will be 3173.3 (Million Square Meters).Therefore, in the next six years, carpet overcapacity situation will not change much, the average operating rate will remain at 84% to 86%. Carpet product demand market there is also a certain space, but basically showing the scarcity of environment-friendly products, low-end products, and excess capacity, there is a large market demand for environment-friendly products to seize market share of imports acts. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.

Along with the development of Chinese domestic carpet, Chinese domestic carpet has been very mature and advanced, and the performance distance has been shortening compared with the imported carpet. As large demand of environment-friendly products at home and abroad, many companies began to enter the field of environment-friendly. Currently, the Chinese carpet industry is not only begin to transit to environment-friendly carpet products, while still extend in the resource-rich land and downstream industry chain. In 2018, the global Carpet market size was 212300 million US$ and is forecast to 255900 million US in 2025, growing at a CAGR of 2.7% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Carpet.

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This report includes the following manufacturers; we can also add the other companies as you want.

Shaw Industries

Mohawk

Oriental Weavers

Milliken

Beaulieu

Interface

Dinarsu

Balta

Infloor

Tarkett

Market Segment by Product Type

Woven

Needle felt

Knotted

Market Segment by Application

Commercial

Home

Transport

Market size split by Region

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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