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Carpet and Rug Market is expected to reach $48.6 Billion by 2027 – An exclusive market research report by Lucintel

Carpet and Rug Market is expected to reach $48.6 Billion by 2027 - An exclusive market research report by LucintelTrends and Forecast for the Global Carpet and Rug MarketTrends, opportunities and forecast in this market to 2027 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)

Lucintel's latest market report analyzed that carpet and rug provides attractive opportunities in residential, non-residential, and transportation sectors. The carpet and rug market is expected to reach $48.6 billion by 2027 with a CAGR of 3.8%. In this market, tufted is the largest segment by product, whereas residential is largest by end use. Increasing acceptance of carpet tiles and increasing demand for eco-friendly carpets provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/carpet-rug-market.aspx Based on product, the carpet and rug market is segmented into woven, tufted, knotted, and others. The tufted segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to its low price with a variety of designs.

Browse in-depth TOC on “Carpet and Rug Market”

45 – Tables

204 – Figures

233 – Pages

The Carpet and Rug Market is marked by the presence of several big and small players. Some of the prominent players offering carpet and rug include Mohawk Industries, Inc., Shaw Industries, Interface, Oriental Weavers Group, Tarkett.

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https://www.lucintel.com/carpet-rug-market.aspx

This unique research report 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.

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