Emerging Trends in Carpets and Rugs Market: Innovation, Sustainability, and Consumer Preferences

 


Industry Analysis

According to the market report created by the Data Bridge Market Research team, the Carpets and Rugs Market on a global scale achieved a value of USD 172.47 million in 2021 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.00% to reach USD 116.73 million by 2029. Besides the market information on aspects like market segments, geographic coverage, market players, and market scenario, the report also provides an expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.


Market Insights and Scope

Carpets and rugs are well-liked due to their appealing and functional features, serving as a decorative addition to the floors of homes or offices. They also provide protection by adding a layer of cushioning to the floor, making them ideal for individuals residing in colder climates who wish to keep their floors warm. Carpets and rugs are utilized extensively in various settings, including commercial, residential, and industrial spaces. Developed economies experience greater demand for carpets and rugs.


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