The article cited AMA's Global Carpets and Rug Market Study explored substantial growth with CAGR of %. According the report, Rising Interest of Consumers toward Interior Decoration is one of the primary growth factors for the market. Growth of Urbanization in Developed and Developing Countries is also expected to contribute significantly to the Carpets and Rug market. Overall, Residential
applications of Carpets and Rug, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Dixie Group, Inc. (United States), Axminster Carpets (United Kingdom), Balta Group (Belgium), Beaulieu Canada (Canada), Brintons Carpets Limited (Georgia), Cormar Carpets (United Kingdom), Engineered Floors LLC (United States), Heckmondwike FB (United Kingdom), ICE International (Netherlands), Interface, Inc. (United States), MOHAWK INDUSTRIES, INC. (United States), Nobel Carpets (Indonesia), SCOTT GROUP STUDIO (United States), Tarkett (France) and Thomas Witter Carpets Ltd (United Kingdom) may see astonishing sales in this Market and certainly improve revenue growth.
The Material Type, such as Polypropylene, is boosting the Carpets and Rug market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Printing Technology, such as Direct Printing, is boosting the Carpets and Rug market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Carpets and Rug market identified that the demand is rising in many different parts of the world as "Increasing Acceptance of Carpet Tiles in the Forecasted Period
". Furthermore, some recent industry insights like "The Dixie Group, Inc., company expanded its luxury vinyl flooring offering and placement by 40% while offering more product selection with both plank and tile offerings in our STINMASTER PetProtect line." is constantly making the industry dynamic. One of the challenges that industry facing is "Rising Problem of Recycling and Waste Disposable"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Carpets and Rug market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Carpets and Rug market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Carpets and Rug market tight? Which application/end-user category or Product Type [Woven [Wilton, Axminster, oriental], Non – Woven [Carpet Tile, Scatter Rugs, Bath Mats, &Accent Rugs, Artificial Grass], Knotted, Tufted Carpet and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Carpets and Rug market and other related sub-markets covered in the study.
o Key & emerging players in the Carpets and Rug market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Carpets and Rug market size is calculated using market estimation process, the Carpets and Rug market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Carpets and Rug market size has been validated using both top-down and bottom-up approaches.