Report ID : AMR1004299 | Industries : Consumer Goods | Published On :December 2023 | Page Count : 228
Global Carpets and Rugs Market Size, Trends and Growth Opportunity, By Products (Website Builder, Shared Hosting, Dedicated Hosting, Collocated Hosting), By Application (Public Websites, Intranet Services, Mobile Application, Online Application, Others), By Deployment (Public Cloud, Private Cloud, Hybrid Cloud), By End User (Enterprise, Individual), By Region and Forecast Till 2030.
Global Carpets and Rugs Market
Global Carpets and Rugs Market was valued at US$100.4 billion in 2022and is slated to reach US$157.5 billion by 2030 at a CAGR of 4.24% from 2023-2030. The global carpets and rugs market has witnessed substantial growth over the last few years, and the growth of the market is attributed to several factors. Increasing consumer inclination towards interior decorations coupled with the rising per capita disposable income of consumers is anticipated to propel the growth of the global carpets and rugs market during the forecast period. One of the major factors driving the growth of the global carpets and rugs market is the expansion of the transportation and construction industries.
Market Drivers
In industrialized economies, the demand for carpet and rugs peaked a few decades ago. But in recent years, this pattern has changed, with people now spending more money on making purely aesthetic alterations to their homes or workplaces. The easing of the economic crisis has contributed to this requirement by rekindling consumer interest in carpets and rugs. Additionally, it is anticipated that rising consumer disposable income would drive market expansion, particularly in developing nations. Additionally, consumers' growing interest in interior décor will further accelerate the development rate of the carpet and rug market. The development of the end use industries is also anticipated to support the market.
Market Restraints
Due to a lack of raw materials like cotton, jute, nylon, and polyester, the industry is impacted by price changes. As a result, it is anticipated that this factor will slow market expansion. The market is experiencing supply chain disruptions since during the pandemic production ceased, which resulted in the lack of raw materials and high production costs because so few workers were willing to work due to illness. The market's supply chain was hampered, but the consequences are still being seen as the market recovers.
Impact of COVID-19
The market for carpets and rugs suffered because of the current coronavirus outbreak. To stop the Wuhan virus from spreading, the government imposed a state of emergency, which seriously affected the flow of raw materials and the manufacturing process for the Global carpet & rugs Market. Government regulations on lodging establishments, eateries, and workplaces caused a dramatic decline in the demand for carpet rugs. The COVID-19 pandemic outbreak led to restrictions on supermarkets, hypermarkets, and brand stores, seriously disrupting the distribution chain. E-commerce has significantly improved the supply chain and distribution system as people worry about the spread of infections caused by the corona virus, many have started to avoid making in-store transactions.
Market Segmentation
The global Carpets and Rugs market segmented into Distribution Channels, Materials, Product Types, and Applications. Based on Distribution channels, it segmented into Hypermarket/Supermarket, Specialty Stores, Online stores, and Others. Based on product Types, it segmented into Knotted Pile Carpets, Needle Felt carpets, Woven Carpets, Tufted Carpets and Others . Based on application, it segmented into Residential, Commercial, and Industrial.
Regional Analysis
Global Carpets and Rugs Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. North America is dominating the market because of the rapid expansion of the construction and housing activities across the region, particularly in the United States is one of the primary factors fostering the growth of the carpets and rugs market in near future. High consumer interest in interior decoration is one of the significant factors for the rising growth of carpets & rugs market in the United States. Apart from that, increasing renovation and remodeling activities in real estate sectors in the United States has resulted in the massive demand for carpets & rugs over the last few years.
Key Players
This report includes a list of numerous Key Players, namely Tai Ping Carpets International Ltd., Mohawk Industries Inc., Tarkett S.A, Inter Ikea systems B.V, Victoria Carpets Ltd., Shaw Industries Group Inc., Genie Carpet Manufacturers, Lowe’s Companies, Royalty Carpets Mills Inc, and Beaulieu International Group N.V.
Market Taxonomy
By Distribution Channels
• Hypermarkets/Supermarkets
• Specialty Stores
• Online Stores
• Others
By Materials
• Synthetic Fibres
• Natural Fibres
By Product Types
• Knotted Pile Carpets
• Needle Felt carpets
• Woven Carpets
• Tufted Carpets
• Others
By Application
• Residential
• Commercial
• Industrial
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
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Global Carpets and Rugs Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Material s
3. Executive Summary
4. Global Carpets and Rugs Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Carpets and Rugs Market, By Distribution Channels
5.1. Y-o-Y Growth Comparison, By Distribution Channels
5.2. Global Carpets and Rugs Market Share Analysis, By Distribution Channels
5.3. Global Carpets and Rugs Market Size and Forecast, By Distribution Channels
5.3.1. Hypermarkets/supermarkets
5.3.2. Specialty Stores
5.3.3. Online stores
5.3.4. Others
6. Global Carpets and Rugs Market, By Material
6.1. Y-o-Y Growth Comparison, By Material
6.2. Global Carpets and Rugs Market Share Analysis, By Material
6.3. Global Carpets and Rugs Market Size and Forecast, By Material
6.3.1. Synthetic Fibers
6.3.2. Natural Fibers
7. Global Carpets and Rugs Market, By Product Types
7.1. Y-o-Y Growth Comparison, By Product Types
7.2. Global Carpets and Rugs Market Share Analysis, By Product Types
7.3. Global Carpets and Rugs Market Size and Forecast, By Product Types
7.3.1. Knotted Pile Carpets
7.3.2. Needle Felt carpets
7.3.3. Woven Carpets
7.3.4. Tufted Carpets
7.3.5. Others
8. Global Carpets and Rugs Market, By Application
8.1. Y-o-Y Growth Comparison, By Application
8.2. Global Carpets and Rugs Market Share Analysis, By Application
8.3. Global Carpets and Rugs Market Size and Forecast, By Application
8.3.1. Residential
8.3.2. Commercial
8.3.3. Industrial
9. Global Carpets and Rugs Market, By Region
9.1. Global Carpets and Rugs Market Share Analysis, By Region
9.2. Global Carpets and Rugs Market Share Analysis, By Region
9.3. Global Carpets and Rugs Market Size and Forecast, By Region
10. North America Carpets and Rugs Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. North America Carpets and Rugs Market Share Analysis, By Distribution Channels
10.3. North America Carpets and Rugs Market Share Analysis, By Material
10.4. North America Carpets and Rugs Market Share Analysis, By Product Types
10.5. North America Carpets and Rugs Market share Analysis, By Application
10.6. North America Carpets and Rugs Market Size and Forecast, By Country
10.6.1. U.S.
10.6.1.1. Market Size and Forecast, By Distribution Channels
10.6.1.2. Market Size and Forecast, By Material
10.6.1.3. Market Size and Forecast, By Product Types
10.6.1.4. Market Size and Forecast, By Application
10.6.2. Canada
10.6.2.1. Market Size and Forecast, By Distribution Channels
10.6.2.2. Market Size and Forecast, By Material
10.6.2.3. Market Size and Forecast, By Product Types
10.6.2.4. Market Size and Forecast, By Application
10.6.3. Mexico
10.6.3.1. Market Size and Forecast, By Distribution Channels
10.6.3.2. Market Size and Forecast, By Material
10.6.3.3. Market Size and Forecast, By Product Types
10.6.3.4. Market Size and Forecast, By Application
11. Europe Carpets and Rugs Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Europe Carpets and Rugs Market Share Analysis, By Distribution Channels
11.3. Europe Carpets and Rugs Market Share Analysis, By Material
11.4. Europe Carpets and Rugs Market Share Analysis, By Product Types
11.5. Europe Carpets and Rugs Market share Analysis, By Application
11.6. Europe Carpets and Rugs Market Size and Forecast, By Country
11.6.1. Germany
11.6.1.1. Market Size and Forecast, By Distribution Channels
11.6.1.2. Market Size and Forecast, By Material
11.6.1.3. Market Size and Forecast, By Product Types
11.6.1.4. Market Size and Forecast, By Application
11.6.2. France
11.6.2.1. Market Size and Forecast, By Distribution Channels
11.6.2.2. Market Size and Forecast, By Material
11.6.2.3. Market Size and Forecast, By Product Types
11.6.2.4. Market Size and Forecast, By Application
11.6.3. UK
11.6.3.1. Market Size and Forecast, By Distribution Channels
11.6.3.2. Market Size and Forecast, By Material
11.6.3.3. Market Size and Forecast, By Product Types
11.6.3.4. Market Size and Forecast, By Application
11.6.4. Russia
11.6.4.1. Market Size and Forecast, By Distribution Channels
11.6.4.2. Market Size and Forecast, By Material
11.6.4.3. Market Size and Forecast, By Product Types
11.6.4.4. Market Size and Forecast, By Application
11.6.5. Italy
11.6.5.1. Market Size and Forecast, By Distribution Channels
11.6.5.2. Market Size and Forecast, By Material
11.6.5.3. Market Size and Forecast, By Product Types
11.6.5.4. Market Size and Forecast, By Application
11.6.6. Spain
11.6.6.1. Market Size and Forecast, By Distribution Channels
11.6.6.2. Market Size and Forecast, By Material
11.6.6.3. Market Size and Forecast, By Product Types
11.6.6.4. Market Size and Forecast, By Application
11.6.7. Rest of Europe
11.6.7.1. Market Size and Forecast, By Distribution Channels
11.6.7.2. Market Size and Forecast, By Material
11.6.7.3. Market Size and Forecast, By Product Types
11.6.7.4. Market Size and Forecast, By Application
12. Asia Pacific Carpets and Rugs Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Asia Pacific Carpets and Rugs Market Share Analysis, By Distribution Channels
12.3. Asia Pacific Carpets and Rugs Market Share Analysis, By Material
12.4. Asia Pacific Carpets and Rugs Market Share Analysis, By Product Types
12.5. Asia Pacific Carpets and Rugs Market share Analysis, By Application
12.6. Asia Pacific Carpets and Rugs Market Size and Forecast, By Country
12.6.1. China
12.6.1.1. Market Size and Forecast, By Distribution Channels
12.6.1.2. Market Size and Forecast, By Material
12.6.1.3. Market Size and Forecast, By Product Types
12.6.1.4. Market Size and Forecast, By Application
12.6.2. Japan
12.6.2.1. Market Size and Forecast, By Distribution Channels
12.6.2.2. Market Size and Forecast, By Material
12.6.2.3. Market Size and Forecast, By Product Types
12.6.2.4. Market Size and Forecast, By Application
12.6.3. India
12.6.3.1. Market Size and Forecast, By Distribution Channels
12.6.3.2. Market Size and Forecast, By Material
12.6.3.3. Market Size and Forecast, By Product Types
12.6.3.4. Market Size and Forecast, By Application
12.6.4. South Korea
12.6.4.1. Market Size and Forecast, By Distribution Channels
12.6.4.2. Market Size and Forecast, By Material
12.6.4.3. Market Size and Forecast, By Product Types
12.6.4.4. Market Size and Forecast, By Application
12.6.5. Australia
12.6.5.1. Market Size and Forecast, By Distribution Channels
12.6.5.2. Market Size and Forecast, By Material
12.6.5.3. Market Size and Forecast, By Product Types
12.6.5.4. Market Size and Forecast, By Application
12.6.6. New Zealand
12.6.6.1. Market Size and Forecast, By Distribution Channels
12.6.6.2. Market Size and Forecast, By Material
12.6.6.3. Market Size and Forecast, By Product Types
12.6.6.4. Market Size and Forecast, By Application
12.6.7. Singapore
12.6.7.1. Market Size and Forecast, By Distribution Channels
12.6.7.2. Market Size and Forecast, By Material
12.6.7.3. Market Size and Forecast, By Product Types
12.6.7.4. Market Size and Forecast, By Application
12.6.8. Malaysia
12.6.8.1. Market Size and Forecast, By Distribution Channels
12.6.8.2. Market Size and Forecast, By Material
12.6.8.3. Market Size and Forecast, By Product Types
12.6.8.4. Market Size and Forecast, By Application
12.6.9. Rest of Asia
12.6.9.1. Market Size and Forecast, By Distribution Channels
12.6.9.2. Market Size and Forecast, By Material
12.6.9.3. Market Size and Forecast, By Product Types
12.6.9.4. Market Size and Forecast, By Application
13. Latin America Carpets and Rugs Market Analysis and Forecast (2023-2030)
13.1. Introduction
13.2. Latin America Carpets and Rugs Market Share Analysis, By Distribution Channels
13.3. Latin America Carpets and Rugs Market Share Analysis, By Material
13.4. Latin America Carpets and Rugs Market Share Analysis, By Product Types
13.5. Latin America Carpets and Rugs Market share Analysis, By Application
13.6. Latin America Carpets and Rugs Market Size and Forecast, Country
13.6.1. Brazil
13.6.1.1. Market Size and Forecast, By Distribution Channels
13.6.1.2. Market Size and Forecast, By Material
13.6.1.3. Market Size and Forecast, By Product Types
13.6.1.4. Market Size and Forecast, By Application
13.6.2. Argentina
13.6.2.1. Market Size and Forecast, By Distribution Channels
13.6.2.2. Market Size and Forecast, By Material
13.6.2.3. Market Size and Forecast, By Product Types
13.6.2.4. Market Size and Forecast, By Application
13.6.3. Colombia
13.6.3.1. Market Size and Forecast, By Distribution Channels
13.6.3.2. Market Size and Forecast, By Material
13.6.3.3. Market Size and Forecast, By Product Types
13.6.3.4. Market Size and Forecast, By Application
13.6.4. Peru
13.6.4.1. Market Size and Forecast, By Distribution Channels
13.6.4.2. Market Size and Forecast, By Material
13.6.4.3. Market Size and Forecast, By Product Types
13.6.4.4. Market Size and Forecast, By Application
13.6.5. Chile
13.6.5.1. Market Size and Forecast, By Distribution Channels
13.6.5.2. Market Size and Forecast, By Material
13.6.5.3. Market Size and Forecast, By Product Types
13.6.5.4. Market Size and Forecast, By Application
13.6.6. Venezuela
13.6.6.1. Market Size and Forecast, By Distribution Channels
13.6.6.2. Market Size and Forecast, By Material
13.6.6.3. Market Size and Forecast, By Product Types
13.6.6.4. Market Size and Forecast, By Application
13.6.7. Rest of Latin America
13.6.7.1. Market Size and Forecast, By Distribution Channels
13.6.7.2. Market Size and Forecast, By Material
13.6.7.3. Market Size and Forecast, By Product Types
13.6.7.4. Market Size and Forecast, By Application
14. Middle East Carpets and Rugs Market Analysis and Forecast (2023-2030)
14.1. Introduction
14.2. Middle East Carpets and Rugs Market Share Analysis, By Distribution Channels
14.3. Middle East Carpets and Rugs Market Size and Forecast, By Material
14.4. Middle East Carpets and Rugs Market Size and Forecast, By Product Types
14.5. Middle East Carpets and Rugs Market size and forecast, By Application
14.6. Middle East Carpets and Rugs Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.1.1. Market Size and Forecast, By Distribution Channels
14.6.1.2. Market Size and Forecast, By Material
14.6.1.3. Market Size and Forecast, By Product Types
14.6.1.4. Market Size and Forecast, By Application
14.6.2. UAE
14.6.2.1. Market Size and Forecast, By Distribution Channels
14.6.2.2. Market Size and Forecast, By Material
14.6.2.3. Market Size and Forecast, By Product Types
14.6.2.4. Market Size and Forecast, By Application
14.6.3. Egypt
14.6.3.1. Market Size and Forecast, By Distribution Channels
14.6.3.2. Market Size and Forecast, By Material
14.6.3.3. Market Size and Forecast, By Product Types
14.6.3.4. Market Size and Forecast, By Application
14.6.4. Kuwait
14.6.4.1. Market Size and Forecast, By Distribution Channels
14.6.4.2. Market Size and Forecast, By Material
14.6.4.3. Market Size and Forecast, By Product Types
14.6.4.4. Market Size and Forecast, By Application
14.6.5. South Africa
14.6.5.1. Market Size and Forecast, By Distribution Channels
14.6.5.2. Market Size and Forecast, By Material
14.6.5.3. Market Size and Forecast, By Product Types
14.6.5.4. Market Size and Forecast, By Application
14.6.6. Rest of Middle East & Africa
14.6.6.1. Market Size and Forecast, By Distribution Channels
14.6.6.2. Market Size and Forecast, By Material
14.6.6.3. Market Size and Forecast, By Product Types
14.6.6.4. Market Size and Forecast, By Application
15. Competitive Analysis
15.1. Competition Dashboard
15.2. Market share Analysis of Top Vendors
15.3. Key Development Strategies
16. Company Profiles
16.1. Tai Ping Carpets International Ltd.
16.1.1. Offerings
16.1.2. Key Financials
16.1.3. Business Segment & Geographic Overview
16.1.4. Key Market Developments
16.1.5. Key Strategies
16.2. Mohawk Industries Inc.
16.2.1. Overview
16.2.2. Offerings
16.2.3. Key Financials
16.2.4. Business Segment & Geographic Overview
16.2.5. Key Market Developments
16.2.6. Key Strategies
16.3. Tarkett S.A
16.3.1. Overview
16.3.2. Offerings
16.3.3. Key Financials
16.3.4. Business Segment & Geographic Overview
16.3.5. Key Market Developments
16.3.6. Key Strategies
16.4. Inter Ikea Systems B.V.
16.4.1. Overview
16.4.2. Offerings
16.4.3. Key Financials
16.4.4. Business Segment & Geographic Overview
16.4.5. Key Market Developments
16.4.6. Key Strategies
16.5. Victoria Carpets Ltd.
16.5.1. Overview
16.5.2. Offerings
16.5.3. Key Financials
16.5.4. Business Segment & Geographic Overview
16.5.5. Key Market Developments
16.5.6. Key Strategies
16.6. Shaw Industries Group Inc.
16.6.1. Overview
16.6.2. Offerings
16.6.3. Key Financials
16.6.4. Business Segment & Geographic Overview
16.6.5. Key Market Developments
16.6.6. Key Strategies
16.7. Genie Carpet Manufacturers
16.7.1. Overview
16.7.2. Offerings
16.7.3. Key Financials
16.7.4. Business Segment & Geographic Overview
16.7.5. Key Market Developments
16.7.6. Key Strategies
16.8. Lowe’s Companies
16.8.1. Overview
16.8.2. Offerings
16.8.3. Key Financials
16.8.4. Business Segment & Geographic Overview
16.8.5. Key Market Developments
16.8.6. Key Strategies
16.9. Beaulieu International Group N.V.
16.9.1. Overview
16.9.2. Offerings
16.9.3. Key Financials
16.9.4. Business Segment & Geographic Overview
16.9.5. Key Market Developments
16.9.6. Key Strategies
16.10. Royalty Carpets Mills Inc
16.10.1. Overview
16.10.2. Offerings
16.10.3. Key Financials
16.10.4. Business Segment & Geographic Overview
16.10.5. Key Market Developments
16.10.6. Key Strategies
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