North America Carpets and Rugs Market, By Type (Carpet, Rugs), Product (Woven, Tufted, Knotted, Needle-Punched, Flat-Weave, Hooked, Others), Material (Synthetic Fiber, Natural Fiber), Application (Residential, Commercial, Industrial, Institutional), Distribution Channel (Supermarket/Hypermarkets, Specialty Stores, Online, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to 2028
Market Analysis and Insights : North America Carpets and Rugs Market
Data Bridge Market Research analyses that North America carpets and rugs market will witness a CAGR of 6.0% for the forecast period of 2021-2028 and is likely to reach at USD 28,689.3 million by 2028.
Carpets and rugs are popular because of their aesthetic and practical qualities. It's an addition to floor coverings that adds to the overall beauty of a house or office's decor. Rugs and carpets protect floors by adding a layer of padding. Rugs and carpets are a blessing for people who live in cold climates because they keep the floor from being too cold. The major applications of carpets and rugs involve commercial, residential and industries. In developed economies, carpets and rugs have higher demand.
The upsurge in the number of remodeling and renovation activities and rising urbanization and globalization are the major drivers that will influence the growth of carpets and rugs market. Furthermore, rising consumer interest in interior decoration, expansion of transportation and construction industry, rising demand for environment-friendly carpets, and increasing the adoption of carpet tiles will accelerate the carpets and rugs market growth rate.
Also, the growing number of construction activities in developing countries and the increasing importance of organized retailing will provide beneficial opportunities for the growth of carpets and rugs.
However, the high cost associated with raw materials will hamper the growth of the carpets and rugs market. Disposal of waste will further challenge the carpets and rugs market growth rate.
This North America carpets and rugs market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on North America carpets and rugs market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Carpets and Rugs Market Scope and Market Size
North America carpets and rugs market is segmented on the basis of type, product, material, application and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the carpets and rugs market is segmented into carpet and rugs.
- On the basis of product, the carpets and rugs market is segmented into woven, tufted, knotted, needle-punched, flat-weave, hooked and others.
- On the basis of material, the carpets and rugs market is segmented into synthetic fiber and natural fiber.
- On the basis of application, the carpets and rugs market is segmented into residential, commercial, industrial and institutional.
- On the basis of distribution channel, the carpets and rugs market is segmented into supermarket/hypermarkets, specialty stores, online and others.
North America Carpets and Rugs Market Country Level Analysis
North America carpets and rugs market is analysed and market size, volume information is provided by country, type, product, material, application and distribution channel as referenced above.
The countries covered in the North America carpets and rugs market report are U.S., Canada and Mexico.
The country section of North America carpets and rugs market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Carpets and Rugs Market Share Analysis
North America carpets and rugs market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to North America carpets and rugs market.
The major players covered in North America carpets and rugs market report are MOHAWK INDUSTRIES, INC., Chemsport Technologies Pvt. Ltd., Tarkett, Inter IKEA Systems B.V., Beaulieu International Group, SCOTT GROUP STUDIO, Cormar Carpet Company, Milliken & Company., Heckmondwike FB, Saif Carpets, Balta Industries nv., Engineered Floors, LLC, The Dixie Group, Inc., ORIENTAL WEAVERS, Axminster Carpets, Interface, Inc, Haima group, Victoria PLC, House of Tai Ping, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.