The report [193 Pages Report] "Carpets & Rugs Market by Type (Tufted, Woven, Needle-punched, Knotted), Material (Nylon, Polyester, Polypropylene), End-use Sector (Residential, Non-residential, Automotive & Transportation), and Region - Global Forecast to 2022", The carpets & rugs market size is projected to grow from USD 91.60 Billion in 2017 to reach USD 112.69 Billion by 2022, at a CAGR of 4.2%.

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High growth potential in the emerging Asia-Pacific markets is expected to provide new growth opportunities to the players in the carpets & rugs market. In 2016, Asia-Pacific accounted for the fastest-growing region in the global carpets & rugs market, with China as the largest market in this region. Developing countries such as China and India are projected to be the emerging markets, with a growth potential that is projected to make Asia-Pacific the fastest-growing region in the carpets & rugs market. These emerging economies focus on adopting the latest technologies and manufacturing processes in various construction segments. The growth of the carpets & rugs market in this region is driven by factors such as rising number of renovation & remodeling activities and rapid urbanization & globalization. In addition to this, the rise in population in these countries presents a large customer base for lavish products and willing to adopt interior decoration plasticises, which in turn is expected to lead to the growth of the carpets & rugs market.

Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary 

4 Premium Insights

5 Market Overview 

6 Industry Trends

7 Carpets & Rugs Market, By Type

8 Carpets & Rugs Market, By Material

9 Carpets & Rugs Market, By End-Use Sector

10 Carpets & Rugs Market, By Region

11 Competitive Landscape

12 Company Profiles

13 Appendix

The growth of carpets & rugs market was largely influenced by acquisitions and expansions, in the past six years. The years between 2011 and 2017 witnessed a large number of acquisitions adopted by top players in the market. Expansions also formed an essential part of their strategies, which led to the flow of considerable income within the company. These strategies formed an important part of growth in emerging markets. The major players include companies such as Mohawk Industries, Inc. (U.S.), Shaw Industries group (U.S.), Lowe’s Companies, Inc. (U.S.), Taekett S.A. (France), and Home Depot, Inc. (U.S.). The other prominent players in the market include Interface, Inc. (U.S.), Dixie Group, Inc. (U.S.), Orientals Weavers Company for Carpets (Egypt), Tai Ping Carpets International Limited (China), and Victoria PLC (U.K.).

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