Pune, India -- (SBWIRE) -- 03/23/2018 -- Market Definition

Carpets and rugs are used for their artistic and functional properties. It is an addition to covering floors and enhancing the overall appeal of home or office decoration. The rugs and carpets provide a protective layer to floors. In regions having cold climate, rugs and carpets are boon for people and keep the floor from not getting too cold. The demand for carpets and rugs is higher in developed economies. The major application of the carpets and rugs is in residential, non-residential and automotive & transportation. According to article published by India Brand Equity Foundation, in the year 2017 the production of passenger vehicles, commercial vehicles, three wheelers and two wheelers has grew at 11.27% year from April and December in the year 2017 and approximately 21,415,719 vehicles were manufactured. Moreover, the sales of passenger vehicles grew by 5.22% and two wheelers 40.31%. According to International Trade Association, U.S. light vehicle production reached almost 12 million for the passenger vehicles, and the light vehicle sales reached 17.5 million units in 2016. This has indirectly affected the growth of the carpets and rugs market. The growing demand of carpets and rugs by end users has been a major factor for the growth of the market.

Global Market Analysis of Carpets and Rugs Market

The Global Carpets and Rugs Market is expected to reach USD 133.15 billion by 2025, from USD 91.95 billion in 2017 growing at a CAGR of 4.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Get exclusive PDF sample of this report@ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-carpets-rugs-market

This Report Consists of –


- No of pages: 350, No of Figures: 60, No of Tables: 220


Global Carpets and Rugs Market, By Type (Tufted, Woven, Needle-Punched, Knotted and Others) By Material (Nylon, Polyester, Polypropylene and Others), By End-Use (Residential, Non-Residential and Automotive & Transportation), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025

Note: If you have any special requirements, please let us know and we will offer you the report as you want.

Frequently Asked Questions?


- What will the market size be in 2025?

- What are the key factors driving the global market?

- What are the challenges to market growth?

- Who are the key players in the market?

- What are the market opportunities and threats faced by the key players?

- What will be the growth rate in 2025?

- Which strategies are used by top players in the Global Carpets and Rugs Market?


To Avail 10% Discount On This Report Mail us on @ sopan.gedam@databridgemarketresearch.com

Global Major Market Drivers & Market Restraint Carpets and Rugs Market


- Rise in the number of renovation & remodelling activities.

- Growing interest of consumers toward interior decoration.

- Rapid growth of urbanization & globalization.

- Rise in the number of construction activities in the developing economies.

- Growing importance of organized retailing.

- High Prices of Raw Materials.

- Increase in problem of disposal of wastes.


Global Market Segmentation of Carpets and Rugs Market

The global carpets and rugs market is segmented based on source, type, material, end user and geographical segments.

Based on type, the global carpets and rugs market is segmented into


- tufted,

- woven,

- needle-punched,

- knotted and others


On the basis of material, the global carpets and rugs market is classified into


- nylon,

- polyester,

- polypropylene and others


On the basis of end user, the global carpets and rugs market is classified into


- residential,

- non-residential and

- automotive & transportation.


Based on geography, the global carpets and rugs market report covers data points for 28 countries across multiple geographies namely


- North America & South America,

- Europe,

- Asia-Pacific and,

- Middle East & Africa.


Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Get Detailed TOC @ http://databridgemarketresearch.com/toc/?dbmr=global-carpets-rugs-market

Competitive Analysis of Global carpets and rugs market

Some of the major players operating in the global carpets and rugs market are – Mohawk Industries Inc., Shaw Industries Group, Inc., Tarkett S.A., Lowe's Companies, Inc., Interface Inc., Dixie Group, Inc., Oriental Weavers Company for Carpet., Tai Ping Carpets International Limited, Victoria PLC, The Home Depot, Inc.,Mannington Mills, Inc., Beaulieu International Group, Ikea Group, Engineered Floors LLC, Royalty Carpet Mills, Inc., Stark Carpet Corp., Invista, Milliken & Company, Kraus Carpet Mills Ltd., Couristan, Inc, ABBey Carpet & Floor, Axminster Carpets Ltd, Floor Coverings International, Avalanche Flooring, Inc., Foamex International In and many more.

Top Competitors of Market


- Mohawk Industries Inc.,

- Shaw Industries Group, Inc.,

- Tarkett S.A.,

- Lowe's Companies, Inc.,

- Interface Inc.,

- Dixie Group, Inc.,

- Oriental Weavers Company for Carpet.,

- Tai Ping Carpets International Limited,

- Victoria PLC,

- The Home Depot, Inc.,

- Mannington Mills, Inc.,

- Beaulieu International Group


Call Our Analyst @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-carpets-rugs-market

About Data Bridge Market Research
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: sopan.gedam@databridgemarketresearch.com