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