Carpet
and Rugs Market Global Research Report 2017 Analysis & Forecast to 2023
The
carpet and rugs market is expected to grow significantly during the forecast
period, owing to factors such as its increase in demand from the residential
and non-residential sectors and the rise in the renovation activities in both
the residential and non-residential infrastructures. In the regions with very
cold temperatures, carpets and rugs help in maintaining the temperature of the
floor and also in thermal conductivity. The increase in consumer spending also
tends to increase the use of carpets and rugs for bringing aesthetic
improvements to home and office spaces. The market is further driven by the
increase in awareness of use of eco-friendly materials for carpets.
According to the Market Research
Future analysis, Carpet and Rugs market size is projected
to grow at a CAGR of 4% during the forecast period.
Analysts state
that Mohawk Industries, Inc. (U.S.), Taekett
S.A. (France), Lowe's Companies, Inc. (U.S.), Shaw Industries Group (U.S.),
Dixie Group, Inc. (U.S.), Home Depot, Inc. (U.S.), Tai Ping Carpets
International Limited (China), Interface, Inc. (U.S.), Orientals Weavers
Company for Carpets (Egypt), Victoria PLC (U.K.) are some of the major
companies operating in this business market.
...Continued
No comments:
Post a Comment