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.
Due to the COVID-19 pandemic, the global Luxury Carpet market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Luxury Carpet market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Luxury Carpet landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Woven Luxury Carpet accounting for % of the Luxury Carpet global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Commercial segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Luxury Carpet include Shaw Industries, Mohawk, Oriental Weavers, Milliken, Beaulieu, Interface, Dinarsu, Balta and Infloor, etc. In terms of revenue, the global 3 largest players have a % market share of Luxury Carpet in 2021.
This report focuses on Luxury Carpet volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Luxury Carpet market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Luxury Carpet Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Woven Luxury Carpet
Needle felt Luxury Carpet
Knotted Luxury Carpet
Others
Segment by Application
Commercial
Home
Transport
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Shaw Industries
Mohawk
Oriental Weavers
Milliken
Beaulieu
Interface
Dinarsu
Balta
Infloor
Tarkett
Dixie Group
Brintons
Merinos
Dongsheng Carpet Group
Jiangsu Kaili Carpet
Shanhua Carpet
Haima Carpet
TY Carpet
COC Carpet
Shenzhen Meijili Carpet
HUADE Group
Zhemei Carpets