Carpets and Rugs Market By Global Industry Size, Share, Trends, Opportunity and Forecast 2027 - TechSci Research
Global carpets and rugs market is expected to grow at a steady rate during the forecast period. The global carpets and rugs market is driven by surging demand from the residential as well as non-residential sectors. Growing popularity of interior decorations among consumers all across the globe is positively impacting the growth of market during the forecast period. Furthermore, upsurge in requirement for carpets that are eco-friendly in nature coupled with rapid urbanization and globalization is expected to bolster the growth of market over the next few years. The global carpets and rugs market is segmented based on type, material, distribution channel, end user, company, and region. Based on type, the market can be categorized into tufted, woven, needle-punched, knotted and others. The tufted segment is expected to grow at the highest CAGR during the forecast period as these carpets are treated with stain-resistant chemicals in order to enhance the longevity of the...