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Carpet Market to See Massive Growth by 2032

Written by Akshay R | Nov 22, 2024 6:14:02 AM

Carpet Market Research Report 2024 - [112 Pages Report] Request Free Sample PDF

"Carpet Market" is expected to experience significant growth by 2032 driven by technological innovation, changing consumer preferences, and supportive policies. Whether you're an investor, a business owner, or simply interested in emerging markets, understanding these dynamics will help you navigate and capitalize on this exciting opportunity. The future of the Carpet market is bright and the next decade promises to be revolutionary.

Economic stability and growth in key regions will influence market performance. Fluctuations in currency exchange rates and trade policies will also impact market dynamics.

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Who is the largest manufacturers of Carpet Market worldwide?

 

  • Mohawk
  • Shaw Industries
  • Tarkett
  • Interface
  • Milliken
  • Dinarsu
  • Balta
  • Beaulieu
  • Oriental Weavers
  • Dongsheng Carpet Group
  • Merinos
  • Dixie Group
  • Jiangsu Kaili Carpet
  • Shanhua Carpet
  • Brintons
  • Haima Carpet
  • TY Carpet
  • HUADE Group

 

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Short Description About Carpet Market:

The Global Carpet market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2032. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Carpet is a textile floor covering consisting of an upper layer of pile attached to a backing. The pile is generally either made from wool or fibers such as polypropylene, nylon or polyester and usually consists of twisted tufts which are often heat-treated to maintain their structure.

Market Analysis and Insights: Global Carpet Market

Due to the COVID-19 pandemic, the global Carpet market size is estimated to be worth USD 30800 million in 2022 and is forecast to a readjusted size of USD 44940 million by 2028 with a CAGR of 6.5Percent during the review period. Fully considering the economic change by this health crisis, Tufted accounting for Percent of the Carpet global market in 2021, is projected to value USD million by 2028, growing at a revised Percent CAGR in the post-COVID-19 period. While Commercial segment is altered to an Percent CAGR throughout this forecast period.

Global Carpet key players include Shaw Industries, Mohawk, Milliken, Beaulieu, Oriental Weavers, etc. Global top five players hold a share about 15Percent.

North America is the largest market, with a share about 40Percent, followed by Europe and China, having a total share about 40 percent.

In terms of product, Wilton woven is the largest segment, with a share about 40Percent. And in terms of application, the largest application is Commercial, followed by Home, Transport.

Global Carpet Scope and Segment

Carpet market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Carpet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.

What are the factors driving the growth of the Carpet Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Carpet

 

  • Commercial
  • Home
  • Transport

 

What are the types of Carpet available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Carpet market share In 2024.

 

  • Tufted
  • Wilton woven
  • Woven Axminster
  • Hand weaving
  • Others

 

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Which regions are leading the Carpet Market?

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Carpet Market Research/Analysis Report Contains Answers to your following Questions

  • What are the global trends in the Carpet market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of products in Carpet? What are the upcoming industry applications and trends for Carpet market?
  • What Are Projections of Global Carpet Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the factors contributing to the final price of Carpet? What are the raw materials used for Carpet manufacturing?
  • How big is the opportunity for the Carpet market? How will the increasing adoption of Carpet for mining impact the growth rate of the overall market?
  • How much is the global Carpet market worth? What was the value of the market In 2023?
  • Who are the major players operating in the Carpet market? Which companies are the front runners?
  • Which are the recent industry trends that can be implemented to generate additional revenue streams?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Carpet Industry?

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Detailed TOC of Global Carpet Market Research Report, 2024-2032

1 Market Overview

1.1 Product Overview and Scope of Carpet

1.2 Classification of Carpet by Type

1.2.1 Overview: Global Carpet Market Size by Type: 2017 Versus 2022 Versus 2032

1.2.2 Global Carpet Revenue Market Share by Type in 2022

1.3 Global Carpet Market by Application

1.3.1 Overview: Global Carpet Market Size by Application: 2017 Versus 2022 Versus 2032

1.4 Global Carpet Market Size and Forecast

1.5 Global Carpet Market Size and Forecast by Region

1.6 Market Drivers, Restraints and Trends

1.6.1 Carpet Market Drivers

1.6.2 Carpet Market Restraints

1.6.3 Carpet Trends Analysis

2 Company Profiles

2.1 Company

2.1.1 Company Details

2.1.2 Company Major Business

2.1.3 Company Carpet Product and Solutions

2.1.4 Company Carpet Revenue, Gross Margin and Market Share (2020,2021,2022, and 2023)

2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players

3.1 Global Carpet Revenue and Share by Players (2020,2021,2022, and 2023)

3.2 Market Concentration Rate

3.2.1 Top3 Carpet Players Market Share in 2022

3.2.2 Top 10 Carpet Players Market Share in 2022

3.2.3 Market Competition Trend

3.3 Carpet Players Head Office, Products and Services Provided

3.4 Carpet Mergers and Acquisitions

3.5 Carpet New Entrants and Expansion Plans

4 Market Size Segment by Type

4.1 Global Carpet Revenue and Market Share by Type (2017-2023)

4.2 Global Carpet Market Forecast by Type (2024-2032)

5 Market Size Segment by Application

5.1 Global Carpet Revenue Market Share by Application (2017-2023)

5.2 Global Carpet Market Forecast by Application (2024-2032)

6 Regions by Country, by Type, and by Application

6.1 Carpet Revenue by Type (2017-2032)

6.2 Carpet Revenue by Application (2017-2032)

6.3 Carpet Market Size by Country

6.3.1 Carpet Revenue by Country (2017-2032)

6.3.2 United States Carpet Market Size and Forecast (2017-2032)

6.3.3 Canada Carpet Market Size and Forecast (2017-2032)

6.3.4 Mexico Carpet Market Size and Forecast (2017-2032)

7 Research Findings and Conclusion

8 Appendix

8.1 Methodology

8.2 Research Process and Data Source

8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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