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Market Research Report

Global Carpets and Rugs Market size by Materials, By Type, By Application, By Category, By Region ; Trend Analysis, Competitive Market Share & Forecast, 2016-26

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Global Carpets and Rugs Market size by Materials, By Type, By Application, By Category, By Region ; Trend Analysis, Competitive Market Share & Forecast, 2016-26
Published: November 1, 2020 Content info: 189 Pages

Global Carpets and Rugs Market size by Materials (nylon, polyester, polypropylene, and others (cotton, wool, silk, jute)), By Type (woven, tufted, needle-punched, knotted, Other (kids printed, bath rugs)), By Application (Residential, Commercial), By Category (in-door, outdoor), By Region (North America, Europe, Asia Pacific, Middle East & Africa and South America); Trend Analysis, Competitive Market Share & Forecast, 2016-26.

The Global Carpets and Rugs market is projected to reach the valuation of USD 102,755.78 Million by 2026 with a CAGR of 3.2%

In recent years, the Global Carpets and Rugs Market has gained traction with a CAGR of 3.2 per cent, in terms of value over the 2020-2026 forecast period, and estimated to cross USD 102,755.78 million by 2026. Carpets and rugs are used for their artistic and functional properties. In addition to covering floors, increase the overall appearance of home or office decoration. The rugs and carpets provide a protective layer to floors. Carpets and rugs are more useful in regions having cold climate, rugs and carpets, which is, provide protection against cold to peoples. The demand for carpets and rugs is higher in developed economies. The major application of the carpets and rugs is in residential, commercial and industries. Carpets and rugs are available in various varieties such as knotted,woven,tufted,needle punch and many others. Wooven type of carpets and rugs mostly prefer by the consumers due to the hypo-allergenic property,comfortable,easyto clean. Carpets and rugs are manufacture by the different kind of raw materials such nylon, polyester woven, wool woven and many other type of material.Nylon is widely used in the manufacturing of carpets and rugs because it is cheaper as compare to other,durability,versatility as well as easy to clean so these characteristics make the choice of nylon carpets among the consumers. However, rising trend of natural product also increasing preference of the carpets and rugs, which are mainly, consist from organic materials.

Rising Demand for Interior Decoration to drive the carpets and rugs market

Interior decoration can be represented as the human power of creating and arranging products that permit a human being to achieve their personal and collective purpose. A particular place in the office, house, and hotel looks more attractive, gorgeous, and attractive through decoration. For Instance: Interior decoration, especially in the hospitality industry, directly influences the demand for customers and their profitability, which raised the need for carpets in hospitality industries.

Carpets and Rugs, besides covering floors, further improving the overall appeal of a home or office decor and offer a protective layer to floors. In regions with mostly cold climate, carpets & rugs are used for keeping the floor from getting too cold. A few decades ago, the demand for carpets & rugs was the highest in developed economies. However, this trend has changed in the last few years, with consumers spending more money on bringing about aesthetic improvements to their homes or office spaces. Rising renovation & remodeling activities coupled with interior designing are expected to bolster the demand for carpet and rugs in developing regions.

Nylon is the major driver for the global Carpets and Rugs market

Amidst the segmentation nylon segment projected to dominate the global Carpets and Rugs market. The nylon segment is leading the market with growing CAGR. This growth can be attributed to nylon's great durability, resistance to stain and abrasion, good yarn memory to hold twist, soil concealing capability and superior purification quality. Due to its high strength, nylon fiber moulding is primarily used for industrial as well as commercial installing in areas of heavy foot traffic. After that, the polyester segment will rise at the highest rate during the forecast period in the carpets and rugs industry.

Woven Type is expected to the drive the market growth

Woven segment is dominating in the market among all the type segment because The woven carpet can be made either by a machine or hand .Yarn is woven around warps (vertical fibres) and locked to keep in place with horizontal strands. Woven carpet generally made from pure wool, or either 20% nylon and 80%. This nylon and wool combination of the two adds durability and strength to the carpet, which is make its natural carpet that is provide low inflammability, resistant to water-based stains, has, springs back into shape and is easy to clean. Woven carpet available in two different types; Axminster and Wilton, which both have backing yarn woven and pile together for extra stability and strength.

Europe expected to witness significant growth in the market during the forecast period

The carpets and rugs market represented the extreme growth in the Europe region. For example, the increasing demand of carpets due to the rising flooring and furnishing activity as well as building construction activity drive the growth of carpets and rugs market in Europe. In addition to carpets and rugs is cost effective alternative as compare to stone which provide elegant appearance and reduce noise sound.

Carpets and Rugs: Competitive Landscape

The Leading Market players of Carpets and Rugs are Mohawk Industries Inc., Ikea Group, Shaw Industries Group, Inc., Interface Inc., Tarkett S.A., Oriental Weavers Company for Carpet., Dixie Group, Inc., Beaulieu International Group, Victoria PLC, Mannington Mills, Inc., Tai Ping Carpets International Limited, Milliken & Company, Cormar Carpet and Other Prominent Players.

Don't miss the business opportunity of the Carpets and Rugs market. Consult our analyst and gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides the growth potential, upcoming trends, and statistics of the carpets and rugs market size & forecast. The report promises to provide state-of-the-art technology of carpets, rugs, and industry insights, which help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the market drivers, challenges, and competitive analysis of the market.

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Table of Contents
Product Code: bwc20153

Table of Contents

1. Research Framework

  • 1.1. Research Objective
  • 1.2. Product Overview
  • 1.3. Market Segmentation

2. Research Methodology

  • 2.1. Qualitative Research
    • 2.1.1. Primary & Secondary Sources
  • 2.2. Quantitative Research
    • 2.2.1. Primary & Secondary Sources
  • 2.3. Breakdown of Primary Research Respondents, By Region
    • 2.3.1. Secondary Research
    • 2.3.2. Primary Research
  • 2.4. Breakdown of Primary Research Respondents
  • 2.5. Market Size Estimation
  • 2.6. Assumption for the Study
  • 2.7. Market Breakdown & Data Triangulation

3. Executive Summary

4. Global Carpets and Rugs Industry Insights

  • 4.1. Global Carpets and Rugs Market: Supply Chain Analysis
  • 4.2. DROC Analysis
    • 4.2.1. Growth Drivers
    • 4.2.2. Restraints
    • 4.2.3. Opportunities
    • 4.2.4. Challenges
  • 4.3. Printed and Knitted Rugs Analysis, 2020
  • 4.4. Regulatory Framework (Import Duty Overview and Duty advantage of difference countries)
  • 4.5. Global Carpets and Rugs Company Market Share Analysis, 2019
  • 4.6. Porter's Five Forces Analysis
    • 4.6.1. Bargaining Power of Suppliers
    • 4.6.2. Bargaining Power of Buyers
    • 4.6.3. Threat of New Entrants
    • 4.6.4. Threat of Substitutes
    • 4.6.5. Intensity of Rivalry
    • 4.6.6. Impact of COVID 19
  • 4.7. Global Carpets and Rugs Covid Impact and Strategic Outlook

5. Global Carpets and Rugs Market Overview

  • 5.1. Market Size & Forecast by Value, 2016-2026
    • 5.1.1. By Value (USD Million)
      • Carpet
      • Rugs
  • 5.2. Market Share & Forecast
    • 5.2.1. By Materials
      • Nylon
      • Polyester
      • Polypropylene
      • Others (Cotton, Wool, Silk, Jute)
    • 5.2.2. By Type
      • Woven
      • Nylon Woven
      • PP Woven
      • Polyester Woven
      • Wool Woven
      • Other Fibers
      • Tufted
      • Nylon Tufted
      • PP Tufted
      • Polyester Tufted
      • Wool Tufted
      • Other Fibers
      • Needle-Punched
      • Knotted
      • Other (Kids Printed, Bath Rugs)
    • 5.2.3. By Application
      • Residential
      • Commercial
    • 5.2.4. By Category
      • In-door
      • Outdoor
    • 5.2.5. By Region
      • North America
      • Europe
      • Asia Pacific
      • South America
      • Middle East & Africa

6. North America Carpets and Rugs Market

  • 6.1. Market Estimates & Forecast by Value, 2016-2026
    • 6.1.1. By Value (USD Million)
  • 6.2. Market Share & Forecast
    • 6.2.1. By Material
    • 6.2.2. By Type
    • 6.2.3. By Application
    • 6.2.4. By Category
    • 6.2.5. By Country
      • United States
      • Canada

7. Europe Carpets and Rugs Market

  • 7.1. Market Estimates & Forecast by Value, 2016-2026
    • 7.1.1. By Value (USD Million)
  • 7.2. Market Share & Forecast
    • 7.2.1. By Material
    • 7.2.2. By Type
    • 7.2.3. By Application
    • 7.2.4. By Category
    • 7.2.5. By Country
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Russia
      • Turkey
      • Netherlands
      • Switzerland
      • Rest of Europe

8. Asia Pacific Carpets and Rugs Market

  • 8.1. Market Estimates & Forecast by Value, 2016-2026
    • 8.1.1. By Value (USD Million)
  • 8.2. Market Share & Forecast
    • 8.2.1. By Material
    • 8.2.2. By Type
    • 8.2.3. By Application
    • 8.2.4. By Category
    • 8.2.5. By Country
      • China
      • India
      • Japan
      • South Korea
      • Malaysia
      • Indonesia
      • Australia
      • Thailand
      • New Zealand
      • Rest of Asia Pacific

9. South America Carpets and Rugs Market

  • 9.1. Market Estimates & Forecast by Value, 2016-2026
    • 9.1.1. By Value (USD Million)
  • 9.2. Market Share & Forecast
    • 9.2.1. By Material
    • 9.2.2. By Type
    • 9.2.3. By Application
    • 9.2.4. By Category
    • 9.2.5. By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of South America

10. Middle East & Africa Carpets and Rugs Market

  • 10.1. Market Estimates & Forecast by Value, 2016-2026
    • 10.1.1. By Value (USD Million)
  • 10.2. Market Share & Forecast
    • 10.2.1. By Material
    • 10.2.2. By Type
    • 10.2.3. By Application
    • 10.2.4. By Category
    • 10.2.5. By Country
      • Saudi Arabia
      • UAE
      • Egypt
      • South Africa
      • Rest of Middle East & Africa

11. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *

  • 11.1. Mohawk Industries Inc.
  • 11.2. Ikea Group
  • 11.3. Shaw Industries Group, Inc.
  • 11.4. Lowe's Companies, Inc.
  • 11.5. Interface Inc.
  • 11.6. Tarkett S.A.
  • 11.7. Oriental Weavers Company for Carpet.
  • 11.8. Beaulieu International Group
  • 11.9. Dixie Group, Inc.
  • 11.10. Victoria PLC
  • 11.11. Mannington Mills, Inc.
  • 11.12. Tai Ping Carpets International Limited
  • 11.13. Milliken & Company
  • 11.14. Cormar Carpet

12. Global Carpets and Rugs Recycled Material Analysis, By Value, 2019 & 2026

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