Tufted Is Expected To Remain The Largest Segment In The Global Carpet And Rug Market

By Author: Lucintel LLC
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An exciting new study from the team of Lucintel found that carpet and rug market is expected to reach $48.6 billion by 2027 with a CAGR of 3.8%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
Download Brochure of this report by clicking on https://www.lucintel.com/carpet-rug-market.aspx
The carpet and rug market is segmented based on material, product, end use, and region. In this market, tufted is expected to remain the largest product, and residential segment is expected to remain the largest end use. Players can benefit from the available opportunities like continuous growth in residential and commercial building construction activities.
Increasing acceptance of carpet tiles and increasing demand for eco-friendly carpets are emerging trends having impact on dynamics of the industry.
Mohawk Industries, Inc., Shaw Industries, Interface, Oriental Weavers Group, Tarkett are some of the major players profiled in this 233 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the carpet and rug market by product (woven, tufted, knotted, and others), end use (residential, non-residential [healthcare, education, hospitality, retail, office, and others], and transportation), material (nylon, polyester, polypropylene, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the carpet and rug market?
Q.4 What are some changing demands of customers in the carpet and rug market?
Q.5 What are the new developments in the carpet and rug market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this carpet and rug area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this carpet and rug market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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