Rugs Market Size, Global Industry Size, Growth, Manufacturers, Segments and Forecast 2029


Posted October 20, 2023 by Bharatikhade96

The Global Rugs Market was valued at around $19.66 billion in 2022, with a projected CAGR of approximately 4.75% from 2023 to 2029 and is projected to reach the market size of $27.21 Bn
 
Rugs Market Overview:

Rugs Market expansion is driven by several factors, including urbanization, increased disposable incomes, and a growing interest in home decor. With a surge in residential construction, particularly in developing economies, there's a rising demand for rugs to enhance interior aesthetics. Consumers' desire for personalized decor further fuels this market, and e-commerce platforms are making rug shopping more convenient. However, challenges such as raw material price volatility and the presence of cheaper alternatives exist. The report delves into these market dynamics and explores the strategic approaches adopted by major firms to establish consistent growth in the Rugs Market.

Rugs Market Scope:

The global Rugs Market undergoes a comprehensive analysis, segmented by components, deployment modes, applications, organization size, industry vertical, and region. The report provides a thorough examination of these segments and their sub-segments, using both tabular and graphical representations, offering valuable insights to investors. This comprehensive Rugs Market report includes an analysis of market size, share, growth trends, cost structures, statistical data, and a holistic view of the global market.

In addition to segment analysis, the report covers key players in the industry, presenting their company profiles, revenue figures, product specifications, sales data, pricing information, gross margins, and market shares. It also provides an in-depth analysis of the market's competitive landscape, discussing drivers, restraints, opportunities, and growth prospects.

Request For Free Sample:https://www.maximizemarketresearch.com/request-sample/190346

Rugs Market Dynamics:

The increase in disposable income has led to a rise in spending on home improvements. Rugs play a significant role in interior design by adding personality, comfort, and warmth to any room. They have the ability to define a space and create a more inviting atmosphere.

As urbanization continues to grow, more individuals are finding themselves in city dwellings, which has increased the desire to make their homes feel cozier and welcoming. Rugs are an essential element in achieving this goal, as they have the power to transform a room into a comfortable and homely space.

Rugs Market Segmentation:

by Material

1. Wool
2. Cotton
3. Silk
4. Synthetic fibres
5. Others


by Type

1. Woven
2. Tufted
3. Knotted
4. Hooked
5. Others


by Design

1. Traditional
2. Contemporary
3. Transitional
4. Others


by Price Range

1. Low
2. Medium
3. High-end


by Distribution Channel

1. Online retail
2. Specialty stores
3. Departmental stores
4. Others.


by Size

1. Small
2. Medium
3. Large

Request for free broacher:https://www.maximizemarketresearch.com/market-report/electric-mobility-market/190346/

Rugs Market Key Players: the key players are

1. Mohawk Industries (United States)
2. Shaw Industries Group, Inc. (United States)
3. Oriental Weavers Group (Egypt)
4. Dixie Group Inc. (United States)
5. Nourison Industries (United States)
6. Jaipur Rugs Company Pvt. Ltd. (India)
7. Couristan, Inc. (United States)
8. The Natural Carpet Company (United Kingdom)
9. Feizy Rugs (United States)
10. Harounian Rugs International (United States)
11. Safavieh LLC (United States)
12. Suminoe Textile Co., Ltd. (Japan)
13. Tai Ping Carpets International Limited (China)
14. Tarkett Group (France)
15. Artistic Weavers (United States)
16. Momeni, Inc. (United States)
17. Jaquar & Company Pvt. Ltd. (India)
18. Kane Carpet (United States)
19. Karastan (United States)
20. Balta Group (Belgium)
21. Lano Carpets (Belgium)
22. Milliken & Company (United States)
23. Radici Group (Italy)
24. Gertmenian & Sons, LLC (United States)
25. Hossein Rezvani (Iran)
26. Royal Dutch Carpet (Netherlands)

Regional Analysis of the Rugs Market:

North America, Europe, Asia Pacific, the Middle East and Africa, and South America to provide a regional perspective on the Rugs market. This analysis takes into consideration the political, economic, social, and technological factors that exert influence on the Rugs market within each specific region.

Impact of COVID-19 on the Rugs Market:

The impact of the COVID-19 pandemic has undeniably been substantial across various sectors, including the Rugs market. Our report presents a thorough examination of how the pandemic has influenced this market, offering valuable insights into how businesses can adapt to the new industry dynamics.

Key Questions Addressed in the Rugs Market Report:

Which product segment emerged as the market leader in the Rugs industry in 2022?
How competitive is the landscape of the Rugs market?
What are the primary growth drivers in the Rugs market?
Which region commands the largest market share in the Rugs sector?
What is the projected Compound Annual Growth Rate (CAGR) for the Rugs market for the forecast period spanning from 2023 to 2029?
Related Report Published by Maximize Market Research:

Aircraft Lighting Market https://www.maximizemarketresearch.com/market-report/global-aircraft-lighting-market/16359/


Tissue Diagnostic Market https://www.maximizemarketresearch.com/market-report/global-tissue-diagnostics-market/113670/

About Us
One of the business consulting and market research companies with the fastest growth, Maximize Market Research has clients all around the world. We are pleased to be a partner of the majority of the Fortune 500 corporations because of our revenue impact and targeted growth-driven research projects. We have a diverse clientele and offer our services to a range of sectors, including IT & telecom, chemical, food & beverage, aerospace & defense, and healthcare.

Contact Us:
MAXIMIZE MARKET RESEARCH PVT. LTD.
444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
+1 800 507 4489
+91 9607365656 [email protected]
www.maximizemarketresearch.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Bharati khade
Country United States
Categories Business , Consumer , Manufacturing
Tags rugs market , rugs market trends , rugs market size , rugs market growth , rugs market share , rugs market analysis , rugs market overview
Last Updated October 20, 2023