Global Carpet Tiles Market Overview:
Carpet tiles are part of the soft covering flooring market and are available in a variety of colors, patterns, and textures to meet market demand and trends. Carpet tiles are a popular alternative to rolled carpet and are commonly found in commercial buildings such as schools, libraries, airports, and corporate offices. Carpet tiles are also easier to install than regular tiles, and they may be used on a variety of flooring, including concrete, wood, and other surfaces. Wear-resistant, sound-proof, waterproof, anti-static, flame-retardant, anti-fouling, dimensionally stable, non-deformable, non-discoloring, and other advantages are all features of these tiles. Hospitals, educational institutions, corporate offices, and other commercial spaces have witnessed a constant increase in demand for carpet tiles, as these tiles do not need to be cut during the repair of telephone, electrical lines, and subfloor vents. Increased demand for innovative high-end designed workplaces, commercial buildings due to real-estate growth, refurbishment of ancient buildings, and the trend of designer floors to conform with office interior design are all aspects driving the global carpet tiles market forward.
- Increase in Demand for Carpet Tiles Is Seen from Hospital Facilities, Educational Institutes, Corporate Offices
- Rise in Demand for Innovative High-End Designed Offices
- Introduction of Anti-Skid Tiles
- New Technologies to Provide Easy Installation of Tiles
- High Cost of Carpet Tiles
- Growth in Hospitality Industry
- Increasing Investments in trying to Develop New Techniques
- Enforcement Of Laws for Carbon Emission and Waste Disposal by Different Government Bodies
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Tarkett (France), Interface, Inc (United States), Mohawk Industries (United States), Abbey Carpet & Floor (United States), Kingspan Group (Ireland), Bentley Mills, Inc (United States), Shaw Industries (United States), Marazzi Group (Italy), J & J Industries, Inc. (United States) and stainmaster carpet (United States). Additionally, following companies can also be profiled that are part of our coverage like Tapibel (Belgium), Foss Floors (United States) and Wuxi Diamond Carpet Manufacturing Co., Ltd. (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global Carpet Tiles market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Carpet Tiles market. Considering Market by Raw Material Type, the sub-segment i.e. Nylon will boost the Carpet Tiles market.
October 2020 – Interface Achieves Carbon Negative Milestone with the Launch of Innovative Products to Decarbonize the Built Environment
What Can be Explored with the Carpet Tiles Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Carpet Tiles Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Carpet Tiles
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Carpet Tiles market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Carpet Tiles market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Carpet Tiles, Suppliers of Carpet Tiles, Wholesalers, Distributors and Retailers of Carpet Tiles, E-Commerce Industries, Raw Material Providers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.