Transparency
Market Research,
a leading research intelligence firm, provides an exhaustive overview
of the prevailing market dynamics of the global carpets and rugs
market in its report, titled “Carpets
And Rugs Market - Global Industry Size, Share, Trends, Analysis,
And Forecasts 2012 – 2018.”
It presents insights into the primary drivers and restraints
impacting the market’s overall growth trajectory.
In
the last few decades, the carpets and rugs market has carved a niche
for itself in the home décor segment. Carpets and rugs are used for
their aesthetic and functional attributes alike. Apart from covering
floors and lending a protective layer on floors, carpets and rugs are
also used to aesthetically improve the overall appeal of the home or
office décor. In countries predominantly experiencing cold climate,
carpets and rugs are used to keep the floor warm.
Until
a couple of decades ago, developed countries exhibited the highest
demand for rugs and carpets. However, this trend has significantly
changed over the last few years, with consumers from developing
regions increasingly spending on rugs and carpets to enhance the
décor of their home or office space as well.
The
demand for carpets and rugs is directly affected by the prevailing
economic conditions worldwide. Hence, with the easing of the economic
crisis, the market for carpets and rugs is anticipated to witness
renewed demand from developed countries. The market further gains
impetus from the rapidly rising construction activities in emerging
economies, which have fuelled the demand for floor and wall coverings
and construction materials.
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Being
a segment within the larger floor and wall covering industry, which
also comprises other floor coverings and hard floor coverings, the
rising demand for hard floor coverings and materials can dent the
market for rugs and carpets. Nevertheless, with people around the
world enjoying increasing disposable incomes, the segments of the
carpets market such as tufted carpets, woven carpets, and others are
experiencing a substantial surge in demand.
Development
in research and manufacturing technologies primarily creates
opportunities for the carpets and rugs market. The growing awareness
about the benefits of using environment-friendly materials in rugs
and carpets manufacturing will also prove profitable for companies
capitalizing on them.
To
provide a comprehensive overview of the prevailing competitive
landscape, the report also profiles some of the Most
Prominent
Companies
operating in the market. Some of the companies profiled in the report
are Armstrong World Industries Inc., Abbey Carpet, Couristan Inc.,
Amoco Fabrics and Fiber Co., Burlington Industries Inc., Beaulieu
Industries Inc., Honeywell Inc., Foamex International Inc., Home
Depot Inc., Interface Flooring Systems Inc., and IKEA International
Inc.
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Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and
services. The company’s exclusive blend of quantitative forecasting
and trend analysis provides forward-looking insight for thousands of
decision makers. TMR’s experienced team of analysts, researchers,
and consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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