New York, July 07, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Carpets and Rugs Industry" - https://www.reportlinker.com/p05112919/?utm_source=GNW
1 Billion by 2027, growing at a CAGR of 2.2% over the analysis period 2020-2027.Tufted, one of the segments analyzed in the report, is projected to grow at a 2.3% CAGR to reach US$28.4 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Woven segment is readjusted to a revised 2.4% CAGR for the next 7-year period. This segment currently accounts for a 15.9% share of the global Carpets and Rugs market.

The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 4.2% CAGR for the Period of 2020-2027
The Carpets and Rugs market in the U.S. is estimated at US$9.1 Billion in the year 2020. The country currently accounts for a 27.06% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$7.7 Billion in the year 2027 trailing a CAGR of 4.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.9% CAGR while Rest of European market (as defined in the study) will reach US$7.7 Billion by the year 2027.

Other Product Segments Segment Corners a 11.8% Share in 2020
In the global Other Product Segments segment, USA, Canada, Japan, China and Europe will drive the 1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3 Billion in the year 2020 will reach a projected size of US$3.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.3 Billion by the year 2027, while Latin America will expand at a 2% CAGR through the analysis period. We bring years of research experience to this 20th edition of our report. The 257-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

-Competitors identified in this market include, among others,

  • Al Abdullatif Industrial Investment Company
  • Axminster Carpets Limited
  • Balta Group NV
  • Beaulieu International Group
  • Brintons Carpets Limited
  • Cormar Carpet Company
  • Dream Weaver Carpet
  • Engineered Floors LLC
  • Heckmondwike FB
  • ICE International
  • Interface, Inc.
  • Mannington Mills, Inc.
  • Milliken Floor Coverings
  • Mohawk Industries, Inc.
  • Oriental Weavers Group
  • Scott Group Studio
  • Shaw Industries Group, Inc.
  • Societe Ateliers Pinton SARL
  • Suminoe Textile Co., Ltd.
  • Tai Ping Carpets International Ltd.
  • Tarkett S. A.
  • The Dixie Group
  • Victoria PLC




Read the full report: https://www.reportlinker.com/p05112919/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Carpets: The Age-Old Visually Appealing and Long-Lasting Floor
Covering Option
Recent Market Activity
The US and China Dominate Global Carpet Production
Machine Made Carpets: A Threat to Hand Made Ones?
Other Important Carpet Producing Countries Worldwide
Hand-Woven Carpets Dominate Production in Asia and the Middle East
Market Fortunes Intrinsically Tied to the Global Floor
Coverings Market
Global Market Outlook
Developing Markets Spearhead Current and Future Market Growth
India & China Offer Significant Growth Opportunities
Global Competitor Market Shares
Carpets and Rugs Competitor Market Share Scenario Worldwide
(in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
Al Abdullatif Industrial Investment Company (Saudi Arabia)
Axminster Carpets Limited (UK)
Balta Group NV (Belgium)
Beaulieu International Group (Belgium)
Brintons Carpets Limited (UK)
Cormar Carpet Company (UK)
Engineered Floors LLC (USA)
Dream Weaver Carpet (USA)
J&J Flooring Group LLC (USA)
Heckmondwike FB (UK)
ICE International (The Netherlands)
Interface, Inc. (USA)
Mannington Mills, Inc. (USA)
Merida Meridian, Inc. (USA)
Milliken Floor Coverings (USA)
Mohawk Industries, Inc. (USA)
Oriental Weavers Group (Egypt)
Saif Carpets Pvt. Ltd. (India)
Scott Group Studio (USA)
Scott Group Custom Carpets (SGCC)
Hokanson Carpets (USA)
Shaw Industries Group, Inc. (USA)
Anderson Tuftex (USA)
Societe Ateliers Pinton SARL (France)
Suminoe Textile Co., Ltd. (Japan)
Tai Ping Carpets International Ltd. (Hong Kong)
Tarkett S. A. (France)
DESSO Holding BV (The Netherlands)
Tandus Centiva Inc. (USA)
The Dixie Group, Inc. (USA)
Atlas Carpet Mills (USA)
Victoria PLC (UK)
Thomas Witter Carpets (UK)
Victoria Carpets Pty. Ltd. (Australia)
Hugh Mackay Carpets (UK)

3. MARKET TRENDS & DRIVERS
Despite Health Concerns and Competition from Hard Surface
Flooring, Advent of Innovative Technologies Fuel Market Growth
for Carpets and Rugs
Carpet Manufacturers Continue to Offer the Best Performance
Attributes in their Products
Carpets for Cleaner Homes
Growing Sales of Higher End Carpets in the Residential Segment
Benefit Market Expansion
Premium Luxury Rugs Sales Continue to Grow
Unique Features to Drive Sales in the Residential Segment
Recent Décor Trends and Benefits Offered by Area Rugs for
Different Rooms Spur Demand
Key Demographics
Steady Penetration of Custom Area-Rugs to Benefit Sales
Carpet Runners & Area Rugs
Digitization of the Marketplace Improve Connectivity with the
Consumers, Bodes Well for the Market
Area Rug Suppliers & Retailers Focus on both Physical and
Digital Presence
Online Presence Essential for Survival in the Marketplace
Focus on Environmentally Safe and Sustainable Carpets Boost Demand
Carpets on the ?Green? Path
Carpet Recycling Gains Significant Attention
Growing Demand from the Commercial Sector Drive Healthy Market
Growth
Recovery in the Global New Construction and Renovation Activity
Lends Traction to Market Growth
Construction Industry Statistical Snapshot
Rising Energy Costs and Pressing Need for Energy Efficiency
Drive Demand for Carpets
Ease and Speed of Installation along with Other Benefits Drive
Consumer Interest in Carpet Tiles
Expanding Hospitality Industry Benefits Carpet Tiles Sales
Nylon Steadily Lose Ground to Polyester, Polypropylene, and
Eco-Friendly Fibers
Polyester Fibers Experience an Upward Momentum
Soft Handed Fibers Witness Growing Demand
Favorable Demographic Trends Strengthen Market Prospects
Expanding Global Population
Burgeoning Middle Class Population
Exponential Increase in Urbanization
Rising Standards of Living
Self-Cleaning Carpets
Magnetic Underlayment
Airo Carpets: Fully Recyclable Carpets
Stain Resistance
Pet Friendly and Waterproof Carpets
Carpet Cleaning Technologies
Latest Style, Pattern and Color Trends for Carpets: 2018
Carpet Trends in High, Middle and Entry Level Segments
Recent Design, Style, and Color Innovations in Rugs
Innovations in Carpet Designs: 2016 & 2017
Carpets with 2D Surfaces based on Optical Illusions
Mohawk Develops Continuum PET BCF Technology
Nanotechnology Based Molecular Carpet Weaving: A Promising
Development
CAD Systems Improve Carpet Design and Production Efficiencies

4. GLOBAL MARKET PERSPECTIVE
Table 1: Carpets and Rugs Global Market Estimates and Forecasts
in US$ Million by Region/Country: 2020-2027

Table 2: Carpets and Rugs Global Retrospective Market Scenario
in US$ Million by Region/Country: 2012-2019

Table 3: Carpets and Rugs Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027

Table 4: Tufted (Product Segment) World Market by
Region/Country in US$ Million: 2020 to 2027

Table 5: Tufted (Product Segment) Historic Market Analysis by
Region/Country in US$ Million: 2012 to 2019

Table 6: Tufted (Product Segment) Market Share Breakdown of
Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027

Table 7: Woven (Product Segment) Potential Growth Markets
Worldwide in US$ Million: 2020 to 2027

Table 8: Woven (Product Segment) Historic Market Perspective by
Region/Country in US$ Million: 2012 to 2019

Table 9: Woven (Product Segment) Market Sales Breakdown by
Region/Country in Percentage: 2012 VS 2020 VS 2027

Table 10: Other Product Segments (Product Segment) Geographic
Market Spread Worldwide in US$ Million: 2020 to 2027

Table 11: Other Product Segments (Product Segment) Region Wise
Breakdown of Global Historic Demand in US$ Million: 2012 to
2019

Table 12: Other Product Segments (Product Segment) Market Share
Distribution in Percentage by Region/Country: 2012 VS 2020 VS
2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Carpets and Rugs Market Share (in %) by Company: 2020 & 2025
Market Analytics
Table 13: United States Carpets and Rugs Market Estimates and
Projections in US$ Million by Product Segment: 2020 to 2027

Table 14: Carpets and Rugs Market in the United States by
Product Segment: A Historic Review in US$ Million for 2012-2019

Table 15: United States Carpets and Rugs Market Share Breakdown
by Product Segment: 2012 VS 2020 VS 2027

CANADA
Table 16: Canadian Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Product Segment: 2020 to 2027

Table 17: Canadian Carpets and Rugs Historic Market Review by
Product Segment in US$ Million: 2012-2019

Table 18: Carpets and Rugs Market in Canada: Percentage Share
Breakdown of Sales by Product Segment for 2012, 2020, and 2027

JAPAN
Table 19: Japanese Market for Carpets and Rugs: Annual Sales
Estimates and Projections in US$ Million by Product Segment for
the Period 2020-2027

Table 20: Carpets and Rugs Market in Japan: Historic Sales
Analysis in US$ Million by Product Segment for the Period
2012-2019

Table 21: Japanese Carpets and Rugs Market Share Analysis by
Product Segment: 2012 VS 2020 VS 2027

CHINA
Table 22: Chinese Carpets and Rugs Market Growth Prospects in
US$ Million by Product Segment for the Period 2020-2027

Table 23: Carpets and Rugs Historic Market Analysis in China in
US$ Million by Product Segment: 2012-2019

Table 24: Chinese Carpets and Rugs Market by Product Segment:
Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE
Market Facts & Figures
European Carpets and Rugs Market: Competitor Market Share
Scenario (in %) for 2020 & 2025
Market Analytics
Table 25: European Carpets and Rugs Market Demand Scenario in
US$ Million by Region/Country: 2020-2027

Table 26: Carpets and Rugs Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2012-2019

Table 27: European Carpets and Rugs Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027

Table 28: European Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Product Segment: 2020-2027

Table 29: Carpets and Rugs Market in Europe in US$ Million by
Product Segment: A Historic Review for the Period 2012-2019

Table 30: European Carpets and Rugs Market Share Breakdown by
Product Segment: 2012 VS 2020 VS 2027

FRANCE
Table 31: Carpets and Rugs Market in France by Product Segment:
Estimates and Projections in US$ Million for the Period
2020-2027

Table 32: French Carpets and Rugs Historic Market Scenario in
US$ Million by Product Segment: 2012-2019

Table 33: French Carpets and Rugs Market Share Analysis by
Product Segment: 2012 VS 2020 VS 2027

GERMANY
Table 34: Carpets and Rugs Market in Germany: Recent Past,
Current and Future Analysis in US$ Million by Product Segment
for the Period 2020-2027

Table 35: German Carpets and Rugs Historic Market Analysis in
US$ Million by Product Segment: 2012-2019

Table 36: German Carpets and Rugs Market Share Breakdown by
Product Segment: 2012 VS 2020 VS 2027

ITALY
Table 37: Italian Carpets and Rugs Market Growth Prospects in
US$ Million by Product Segment for the Period 2020-2027

Table 38: Carpets and Rugs Historic Market Analysis in Italy in
US$ Million by Product Segment: 2012-2019

Table 39: Italian Carpets and Rugs Market by Product Segment:
Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM
Table 40: United Kingdom Market for Carpets and Rugs: Annual
Sales Estimates and Projections in US$ Million by Product
Segment for the Period 2020-2027

Table 41: Carpets and Rugs Market in the United Kingdom:
Historic Sales Analysis in US$ Million by Product Segment for
the Period 2012-2019

Table 42: United Kingdom Carpets and Rugs Market Share Analysis
by Product Segment: 2012 VS 2020 VS 2027

SPAIN
Table 43: Spanish Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Product Segment: 2020 to 2027

Table 44: Spanish Carpets and Rugs Historic Market Review by
Product Segment in US$ Million: 2012-2019

Table 45: Carpets and Rugs Market in Spain: Percentage Share
Breakdown of Sales by Product Segment for 2012, 2020, and 2027

RUSSIA
Table 46: Russian Carpets and Rugs Market Estimates and
Projections in US$ Million by Product Segment: 2020 to 2027

Table 47: Carpets and Rugs Market in Russia by Product Segment:
A Historic Review in US$ Million for 2012-2019

Table 48: Russian Carpets and Rugs Market Share Breakdown by
Product Segment: 2012 VS 2020 VS 2027

REST OF EUROPE
Table 49: Rest of Europe Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Product Segment: 2020-2027

Table 50: Carpets and Rugs Market in Rest of Europe in US$
Million by Product Segment: A Historic Review for the Period
2012-2019

Table 51: Rest of Europe Carpets and Rugs Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

ASIA-PACIFIC
Table 52: Asia-Pacific Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027

Table 53: Carpets and Rugs Market in Asia-Pacific: Historic
Market Analysis in US$ Million by Region/Country for the Period
2012-2019

Table 54: Asia-Pacific Carpets and Rugs Market Share Analysis
by Region/Country: 2012 VS 2020 VS 2027

Table 55: Carpets and Rugs Market in Asia-Pacific by Product
Segment: Estimates and Projections in US$ Million for the
Period 2020-2027

Table 56: Asia-Pacific Carpets and Rugs Historic Market
Scenario in US$ Million by Product Segment: 2012-2019

Table 57: Asia-Pacific Carpets and Rugs Market Share Analysis
by Product Segment: 2012 VS 2020 VS 2027

AUSTRALIA
Table 58: Carpets and Rugs Market in Australia: Recent Past,
Current and Future Analysis in US$ Million by Product Segment
for the Period 2020-2027

Table 59: Australian Carpets and Rugs Historic Market Analysis
in US$ Million by Product Segment: 2012-2019

Table 60: Australian Carpets and Rugs Market Share Breakdown by
Product Segment: 2012 VS 2020 VS 2027

INDIA
Table 61: Indian Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Product Segment: 2020 to 2027

Table 62: Indian Carpets and Rugs Historic Market Review by
Product Segment in US$ Million: 2012-2019

Table 63: Carpets and Rugs Market in India: Percentage Share
Breakdown of Sales by Product Segment for 2012, 2020, and 2027

SOUTH KOREA
Table 64: Carpets and Rugs Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by Product Segment
for the Period 2020-2027

Table 65: South Korean Carpets and Rugs Historic Market
Analysis in US$ Million by Product Segment: 2012-2019

Table 66: Carpets and Rugs Market Share Distribution in South
Korea by Product Segment: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC
Table 67: Rest of Asia-Pacific Market for Carpets and Rugs:
Annual Sales Estimates and Projections in US$ Million by
Product Segment for the Period 2020-2027

Table 68: Carpets and Rugs Market in Rest of Asia-Pacific:
Historic Sales Analysis in US$ Million by Product Segment for
the Period 2012-2019

Table 69: Rest of Asia-Pacific Carpets and Rugs Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027

LATIN AMERICA
Table 70: Latin American Carpets and Rugs Market Trends by
Region/Country in US$ Million: 2020-2027

Table 71: Carpets and Rugs Market in Latin America in US$
Million by Region/Country: A Historic Perspective for the
Period 2012-2019

Table 72: Latin American Carpets and Rugs Market Percentage
Breakdown of Sales by Region/Country: 2012, 2020, and 2027

Table 73: Latin American Carpets and Rugs Market Growth
Prospects in US$ Million by Product Segment for the Period
2020-2027

Table 74: Carpets and Rugs Historic Market Analysis in Latin
America in US$ Million by Product Segment: 2012-2019

Table 75: Latin American Carpets and Rugs Market by Product
Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

ARGENTINA
Table 76: Argentinean Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Product Segment: 2020-2027

Table 77: Carpets and Rugs Market in Argentina in US$ Million
by Product Segment: A Historic Review for the Period 2012-2019

Table 78: Argentinean Carpets and Rugs Market Share Breakdown
by Product Segment: 2012 VS 2020 VS 2027

BRAZIL
Table 79: Carpets and Rugs Market in Brazil by Product Segment:
Estimates and Projections in US$ Million for the Period
2020-2027

Table 80: Brazilian Carpets and Rugs Historic Market Scenario
in US$ Million by Product Segment: 2012-2019

Table 81: Brazilian Carpets and Rugs Market Share Analysis by
Product Segment: 2012 VS 2020 VS 2027

MEXICO
Table 82: Carpets and Rugs Market in Mexico: Recent Past,
Current and Future Analysis in US$ Million by Product Segment
for the Period 2020-2027

Table 83: Mexican Carpets and Rugs Historic Market Analysis in
US$ Million by Product Segment: 2012-2019

Table 84: Mexican Carpets and Rugs Market Share Breakdown by
Product Segment: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA
Table 85: Rest of Latin America Carpets and Rugs Market
Estimates and Projections in US$ Million by Product Segment:
2020 to 2027

Table 86: Carpets and Rugs Market in Rest of Latin America by
Product Segment: A Historic Review in US$ Million for 2012-2019

Table 87: Rest of Latin America Carpets and Rugs Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

MIDDLE EAST
Table 88: The Middle East Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027

Table 89: Carpets and Rugs Market in the Middle East by
Region/Country in US$ Million: 2012-2019

Table 90: The Middle East Carpets and Rugs Market Share
Breakdown by Region/Country: 2012, 2020, and 2027

Table 91: The Middle East Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Product Segment: 2020 to 2027

Table 92: The Middle East Carpets and Rugs Historic Market by
Product Segment in US$ Million: 2012-2019

Table 93: Carpets and Rugs Market in the Middle East:
Percentage Share Breakdown of Sales by Product Segment for
2012,2020, and 2027

IRAN
Table 94: Iranian Market for Carpets and Rugs: Annual Sales
Estimates and Projections in US$ Million by Product Segment for
the Period 2020-2027

Table 95: Carpets and Rugs Market in Iran: Historic Sales
Analysis in US$ Million by Product Segment for the Period
2012-2019

Table 96: Iranian Carpets and Rugs Market Share Analysis by
Product Segment: 2012 VS 2020 VS 2027

ISRAEL
Table 97: Israeli Carpets and Rugs Market Estimates and
Forecasts in US$ Million by Product Segment: 2020-2027

Table 98: Carpets and Rugs Market in Israel in US$ Million by
Product Segment: A Historic Review for the Period 2012-2019

Table 99: Israeli Carpets and Rugs Market Share Breakdown by
Product Segment: 2012 VS 2020 VS 2027

SAUDI ARABIA
Table 100: Saudi Arabian Carpets and Rugs Market Growth
Prospects in US$ Million by Product Segment for the Period
2020-2027

Table 101: Carpets and Rugs Historic Market Analysis in Saudi
Arabia in US$ Million by Product Segment: 2012-2019

Table 102: Saudi Arabian Carpets and Rugs Market by Product
Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED ARAB EMIRATES
Table 103: Carpets and Rugs Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Million by
Product Segment for the Period 2020-2027

Table 104: United Arab Emirates Carpets and Rugs Historic
Market Analysis in US$ Million by Product Segment: 2012-2019

Table 105: Carpets and Rugs Market Share Distribution in United
Arab Emirates by Product Segment: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST
Table 106: Carpets and Rugs Market in Rest of Middle East:
Recent Past, Current and Future Analysis in US$ Million by
Product Segment for the Period 2020-2027

Table 107: Rest of Middle East Carpets and Rugs Historic Market
Analysis in US$ Million by Product Segment: 2012-2019

Table 108: Rest of Middle East Carpets and Rugs Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

AFRICA
Table 109: African Carpets and Rugs Market Estimates and
Projections in US$ Million by Product Segment: 2020 to 2027

Table 110: Carpets and Rugs Market in Africa by Product
Segment: A Historic Review in US$ Million for 2012-2019

Table 111: African Carpets and Rugs Market Share Breakdown by
Product Segment: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 116
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