"Assessing the Impact of COVID-19 on the Carpets and Rugs Market: Challenges and Opportunities in the Post-Pandemic World"
Carpets and Rugs Market on a global scale was worth USD
172.47 million in 2021, with a projected growth to reach USD 116.73 million
by 2029, indicating a compound annual growth rate (CAGR) of 5.00% during
the forecast period from 2022-2029. The market report prepared by the Data
Bridge Market Research team provides not only market insights on aspects such
as value, growth rate, segments, geographical coverage, players, and scenarios,
but also offers detailed expert analysis, import/export analysis, pricing
analysis, production consumption analysis, and climate chain scenarios.
Market Insights and Scope
Carpets and rugs are well-liked for both their practical and
aesthetic features, and can enhance the overall decor of a home or office.
These floor coverings provide protection to floors by offering an additional
layer of padding. Additionally, they are particularly beneficial for
individuals living in colder climates as they provide insulation against cold
floors. The primary applications of carpets and rugs include commercial,
residential, and industrial settings, with greater demand for these products in
developed economies.
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