According the report, Increased Demand for Eco-friendly Carpets is one of the primary growth factors for the market. Increasing Number of Renovation & Remodeling Activities
is also expected to contribute significantly to the Rugs and Carpets market. Overall, applications of Rugs and Carpets, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Rugs and Carpets market identified that the demand is rising in many different parts of the world as "Rising the Number of Construction Activities in the Developing Economies
". Furthermore, some recent industry insights like "In Dec 2019, Shaw Industries Group, Inc. (Shaw) has achieved the USGBC’s LEED Silver designation for its carpet tile manufacturing and recycling facility in Adairsville, Ga." 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: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Rugs and Carpets market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
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 Rugs and Carpets market and other related sub-markets covered in the study.
o Key & emerging players in the Rugs and Carpets 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 Rugs and Carpets market size is calculated using market estimation process, the Rugs and Carpets 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 Rugs and Carpets market size has been validated using both top-down and bottom-up approaches.