Rugs and Carpets are textile floor covering consisting of an upper layer of pile attached to a backing. The pile is generally either made from wool or fibers such as polypropylene, nylon or polyester and usually consists of twisted tufts which are often heat-treated to maintain their structure.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with carpet industry in short supply on the market in the past few years, more and more companies enter into carpet industry, the current demand for carpet product is relatively low, lack of demand, excess supply.
In the next six years, the global consumption of Rugs and Carpet will maintain a 3.6% annual growth rate ,consumption is expected in 2023 will be 3173.3 (Million Square Meters).Therefore, in the next six years, carpet overcapacity situation will not change much, the average operating rate will remain at 84% to 86%.
Carpet product demand market there is also a certain space, but basically showing the scarcity of environment-friendly products, low-end products, and excess capacity, there is a large market demand for environment-friendly products to seize market share of imports acts.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Along with the development of Chinese domestic carpet, Chinese domestic carpet has been very mature and advanced, and the performance distance has been shortening compared with the imported carpet.
As large demand of environment-friendly products at home and abroad, many companies began to enter the field of environment-friendly. Currently, the Chinese carpet industry is not only begin to transit to environment-friendly carpet products, while still extend in the resource-rich land and downstream industry chain.
The global Carpet market was 212300 million US$ in 2018 and is expected to 255900 million US$ by the end of 2025, growing at a CAGR of 2.7% between 2019 and 2025.
This report studies the Carpet market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Carpet in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Dongsheng Carpet Group
Jiangsu Kaili Carpet
Shenzhen Meijili Carpet
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Carpet market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Carpet market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Carpet manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Carpet with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Carpet submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Carpet are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Carpet market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Carpet market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.