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Carpet Market Key Success Factors and Market Overview Forecast through 2024

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Matt Oliver

Global Carpet Market 2019 shows the continuous positive developments in major regions like North America, Europe, Asia-Pacific, South America, Middle East and Africa. Carpet Market report comprises significant data, existing market trends, technical modernization, future technologies and the practical progress in Carpet industry. Carpet Market report also gives analysis of competitive landscape, sales, price, revenue, gross margin, market share, market risks, opportunities, market barriers and challenges.

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Rugs and Carpets are 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.

Competitive Market Share:

Key Players Analysis: Carpet market report includes following top manufacturers in terms of sales, price, revenue, gross margin and market share. Some of the top players include: -

  • Shaw Industries
  • Mohawk
  • Oriental Weavers
  • Milliken
  • Beaulieu… and many more

Scope of the Report:

  • As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with carpet industry in short supply on the market in the past few years, more and more companies enter into carpet industry, the current demand for carpet product is relatively low, lack of demand, excess supply.In the next six years, the global consumption of Rugs and Carpet will maintain a 3.6% annual growth rate ,consumption is expected in 2023 will be 3173.3 (Million Square Meters).Therefore, in the next six years, carpet overcapacity situation will not change much, the average operating rate will remain at 84% to 86%.Carpet product demand market there is also a certain space, but basically showing the scarcity of environment-friendly products, low-end products, and excess capacity, there is a large market demand for environment-friendly products to seize market share of imports acts.Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.Along with the development of Chinese domestic carpet, Chinese domestic carpet has been very mature and advanced, and the performance distance has been shortening compared with the imported carpet.As large demand of environment-friendly products at home and abroad, many companies began to enter the field of environment-friendly. Currently, the Chinese carpet industry is not only begin to transit to environment-friendly carpet products, while still extend in the resource-rich land and downstream industry chain.
  • The worldwide market for Carpet is expected to grow at a CAGR of roughly 2.6% over the next five years, will reach 241400 million US$ in 2024, from 212300 million US$ in 2019, according to a new Research study.

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Market Segmentation, By Product & Application:

Carpet Market Analysis by Types: Each type is studied as market share, revenue (Million USD), market forecast, price, gross margin and more similar information.

Market Segment by Type, covers:

  • Woven
  • Needle felt
  • Knotted
  • Others

Market Segment by Applications, can be divided into:

  • Commercial
  • Home
  • Transport

Carpet Market, By Region:

Geographically, Carpet market is analyzed as market size, status and prospect, revenue, growth rate, market share, sales, production, consumption, imports & exports analysis, and consumption forecast.

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

 

Contact Us:

Name: Ajay More

Phone: US +1424 253 0807/ UK +44 203 239 8187

Email ID: [email protected]

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