The research report
on the Global
Carpets
And
Rugs
Market
offers a granular view of this market using industry leading
methodologies and analytical tools. The report identifies the key
growth propellers and restraints in the global carpets and rugs
market, and provides recommendations for growth based on these very
factors. Our analysts offer you an eagle’s view of the overall
market in the executive summary. The report then studies the rugs and
carpets market on the basis of materials, product type and
applications. The data from these analyses will prove useful for both
new and existing market players. Another highlight of the report is
the use of models such as Porter’s five forces, which helps
determine the future bargaining power of buyers and suppliers, and
the threat from alternatives and degree of competition.
The report is a
valuable supplementary resource for marketing, sales, and financial
teams of manufacturers and suppliers alike. It can be used for
formulating robust marketing, sales, and expansion strategies in the
regional or global carpets and rugs market. Our analyses and
forecasts also prove useful for formulating financial and investment
models.
Overview of the
global carpets and rugs market
Carpets and rugs are
used for their aesthetic and functional properties. In addition to
covering floors and further improving the overall appeal of home or
office décor, rugs and carpets lend a protective layer to floors. In
regions with a predominantly cold climate, rugs and carpets are used
for keeping the floor getting too cold. Until a few decades ago, the
demand for carpets and rugs was the highest in developed economies.
However, this trend has changed in the last few years, with more and
more consumers spending more money on bringing about aesthetic
improvements to their homes or office spaces.
This demand has, to
some extent, also been stoked by the easing economic crisis, which
has led to a renewed demand for carpets and rugs. Construction
activity in emerging economies is on an upswing; this has fuelled a
demand for construction materials and floor and wall covering alike.
Carpets and rugs are a segment within the larger floor and wall
covering industry. However, the floor coverings market also comprises
other hard flooring materials, which directly compete with the
carpets and rugs market. Yet, the threat from hard floor coverings
will not significantly dent the carpets and rugs market. Almost all
segments within this market-such as woven carpets, tufted carpets,
and others-are experiencing a surge in demand. All of these factors
create a favorable environment for the carpets and rugs industry.
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Opportunities for
the carpets and rugs market primarily lie in the research and
manufacturing technology development domains. Heightened awareness
about the benefits of using environment-friendly materials in carpet
and rug manufacturing is another opportunity that can be profitably
harnessed by companies in the carpets and rugs market.
Segmentation of
the global carpets and rugs market
By product, the
carpets and rugs market can be segmented as: Tufted, needle-punched,
woven, and knotted.
By
market/application type, the carpets and rugs market is classified
as: Non-residential buildings, residential buildings, and
transportation equipment.
The carpets and rugs
market can also be classified on the basis of material as: adhesives,
face fibers, secondary backing, and primary backing.
Companies
mentioned in the global carpets and rugs market research report
Abbey Carpet,
Armstrong World Industries Inc., Amoco Fabrics and Fiber Co.,
Beaulieu Industries Inc., Couristan Inc., Burlington Industries Inc.,
Foamex International Inc., Honeywell Inc., Home Depot Inc., IKEA
International Inc., INVISTA, Interface Flooring Systems Inc., Kraus
Carpet Mills Ltd., Mannington Mills Inc., Lowe’s Companies Inc.,
Milliken & Co., Mohawk Industries Inc., Royalty Carpet Mills
Inc., Nylon Business, Springs Industries Inc., Stark Carpets, The
Dixie Group Inc, and Tarkett Inc.
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