Impact of Covid-19 on Carpet and Rugs Market Expected to Witness the Highest Growth 2026

Fri Jun 5, 2020 - 2:15am GMT+0000

The Global Carpets and Rugs market is forecast to reach USD 138.44 Billion by 2026, according to a new report by Reports and Data.

New York City, United States – June 4, 2020 /MarketersMedia/

The growing popularity of interior decoration among consumers and increase in the adoption of eco-friendly, biodegradable, and natural product such as jute will drive the market in the coming years. Ultra-soft carpeting has witnessed a surge in demand in the residential sector, as homeowners are showing more interest in interiors and comfortable houses. Installation of plush carpeting in living rooms and bedrooms for warmth and physically comfortable environment in driving the market. Manufacturers are increasingly promoting plush carpets that have visual appeal as well without making any compromise in durability and stain resistance.

This is the latest report covering the current COVID-19 scenario. The coronavirus pandemic has greatly affected every aspect of the worldwide industry. It has brought along various changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact are covered in the research report. The report discusses all the major aspects of the market with expert opinions on the current status along with historical data.

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Key players mentioned in the research report are:
Victoria Plc., Tarkett S.A., Ikea Group, Interface Inc., Mohawk Industries, Inc., Milliken & Company, Oriental Weavers, Dixie Group Incorporation, Tai Ping Carpets International Limited, and Home Depot Inc., among others.

In terms of applications, the global Carpet and Rugs market can be segmented into:
Residential
Commercial
Others

In terms of types, the global Carpet and Rugs market can be segmented into:
Woven Carpet and Rugs
Knotted Carpet and Rugs
Needle-punched Carpet and Rugs
Tufted Carpet and Rugs
Others

The Carpet and Rugs Market is analyzed on the basis of dynamics of demand and supply, pricing, total volume produced, revenue generated, and others. The manufacturing is studied on the basis of several factors such as manufacturing plant distribution, industry production, production capacity, and research and development. It also delivers accurate market evaluations with the use of SWOT analysis, investment analysis, returns analysis, and growth trend analysis, and others.

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For geographical segmentation, regional supply, application-wise, and type-wise demand, key players, and others, this report covers the following regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report sheds light on the competitive landscape of the market that covers the product offerings, services, market shares, and business overview. This Carpet and Rugs Market research report covers various dynamic aspects like the market drivers, restraints and challenges, and growth prospects. The prominent and leading companies are profiled in the report.

Key coverage of the report:
• Detailed overview of Carpet and Rugs Market
• In-depth analysis of the changing Carpet and Rugs Market dynamics
• Market segmentation by type, application, region, etc.
• Historical, current, and projected Carpet and Rugs Market size in terms of both volume and value
• Latest industry trends and technological developments
• Competitive landscape of the global Carpet and Rugs Market
• Key strategies of major players
• Potential segments/regions exhibiting promising growth opportunities

Reasons to buy the report:
• Extensive analysis of the market on both global and regional levels.
• Major changes in the competitive landscape.
• Segmentation on the basis of type, application, geography, and others.
• Historical and future market forecast in terms of size, share, growth, volume & sales.
• Key changes in the market’s overall dynamics & developments.
• Industry size & share analysis along with growth trends.
• New emerging segments and regions.
• Prevalent business strategies by key market players.

Get the full report description, TOC, Table of Figures, Charts @ https://www.reportsanddata.com/report-detail/carpet-and-rugs-market

This research report delivers a 360 overview of the competitive landscape of the Global Carpet and Rugs Market. Furthermore, it includes massive data regarding the latest trends, technological advancements, and methodologies. The study analyzes the Global Carpet and Rugs Market in a detailed and extensive manner for the readers to gain better insights.

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