CHICAGO, Feb. 14, 2023 /PRNewswire/ — According to Arizton’s latest research report, the global carpet flooring market will grow at a CAGR of 6% from 2022-2028. Escalating demand for carpet tiles, a rise in renovation and remodeling activities, and rising concern towards sustainable carpets are some latest trends boosting the carpet flooring market. The innovation of carpet tiles in modular carpets in square pieces is fitted together to make a perfect carpet. They are the best alternatives to carpet rolls. They are mostly used in commercial buildings such as schools, libraries, corporates, airports, and many more. Carpet tiles are easy to maintain and repair. Installation is also easy and takes less time. Luxury interiors are expected to push the demand for carpet tiles in the carpet flooring market.
Travel & Tourism and Construction industries contribute the most to the carpet flooring market globally. Further, infrastructural development, renovations, and remodeling of existing commercial and residential buildings would also support the market’s growth. In mature markets such as North America and Europe, the growth is mainly driven by product innovations introduced by the key players. In emerging markets, the rapidly developing infrastructure and construction output are driving the growth of the global carpet cleaner market.
Global Carpet Flooring Market Report Scope
|
Report Attributes |
Details |
|
Market Size (2028) |
USD 120.24 Billion |
|
Market Size (2022) |
USD 86.02 Billion |
|
CAGR (2022-2028) |
5.74 % |
|
Base Year |
2022 |
|
Forecast Year |
2023-2028 |
|
Market Segments |
Product, Distribution Channel, Application, End-User, and Geography |
|
Geographic Analysis |
North America, Europe, APAC, Latin America, and Middle East & Africa |
|
Countries Covered |
The US, Canada, Germany, the UK, France, Italy, Spain, China, Japan, South Korea, India, Australia, Brazil, Mexico, the Rest of Latin America, Saudi Arabia, the UAE, Turkey, and South Africa |
|
Key Players |
Beaulieu International Group (B.I.G.), Interface, MOHAWK INDUSTRIES, INC., The Dixie Group, Tarkett, ORIENTAL WEAVERS, Victoria, Axminster Carpets, Betap, Brintons Carpets, Brumark, Cormar Carpet, Dorsett Industries, ege, Forbo Flooring, Gerflor Group, Kane Carpet, Mannington Mills, Milliken, Shaw Industries Group, and Suminoe Textile Group |
|
Market Dynamics |
· The Surge in Hospitality Industry · Rising Demand in Automotive Industry · Increasing Demand from Transportation Sector |
|
Customization Request |
If our report does not include the information you are searching for, you may contact us to have a report tailored to your specific business needs https://www.arizton.com/customize-report/3685 |
Click Here to Download the Free Sample Report
Increasing Demand for Carpet Flooring Across Transportation Sector
Carpet flooring allows customization and improves the customer experience in Aviation and marine industries. High-quality carpet flooring creates a luxurious experience and provides comfort to travelers. Demand for carpet flooring in the aerospace and marine industry is expected to boost during the forecast period as they are easy to lift, provides comfort, look appealing, and are easily installable. One of the key factors contributing to the demand for carpet flooring in the transportation industry is the lack of availability of substitute products. Other flooring solutions, including ceramic tiles, wooden flooring, and others, are hard surfaces and heavy. They are not considered viable flooring solutions for the transportation industry. Owing to the rise in government support towards the aviation industry, manufacturing of new aircraft is expected to boom, which will, in turn, drive the demand for carpet flooring significantly. Moving forward, regions such as North America and Europe are expected to enjoy high demand for carpet flooring compared with developing regions such as Latin America and Africa.
Rise In Renovation and Remodeling Activities
Remodeling activities are one of the major opportunities for vendors in the carpet flooring market. Remodeling means modifying the interiors and exteriors of the existing structure and involves upgradation according to recent trends. It involves alterations, maintenance, repairs, and various additions. Re-innovations make old spaces interesting, and because of this, people worldwide are investing significantly in home renovation and improvement activities.
However, there is less demand for carpet flooring from the renovations and home remodeling homes sector in developing and underdeveloped countries in the regions such as Latin America, the Middle East & Africa, and APAC. Therefore, regions such as North America and Europe are anticipated to generate the highest demand for carpet flooring during renovation and home improvement activities. However, improving economies in countries such as India, Brazil, Mexico, and a few others in both residential and commercial sectors are expected to create significant potential for the growth of carpet flooring during renovations.
Key Vendors
-
Axminster Carpets
-
Betap
-
Brintons Carpets
-
Brumark
-
Cormar Carpet
-
Dorsett Industries
-
ege
-
Forbo Flooring
-
Gerflor Group
-
Kane Carpet
-
Mannington Mills
-
Milliken
-
Shaw Industries Group
-
Suminoe Textile Group
Market Segmentation
Product
-
Broadloom Carpet
-
Carpet Tiles
Application
-
New Installation
-
Replacement
Distribution Channel
End-User
-
Residential
-
Commercial
-
Transportation
Geography
-
North America
-
Europe
-
APAC
-
Latin America
-
Middle East & Africa
Click Here to Download the Free Sample Report
Check Out Some of the Top-Selling Research Related Reports:
U.S. Wall Repair Products Market – Industry Outlook & Forecast 2022-2027: The U.S. wall repair products market is expected to reach USD 12.28 billion by 2027. Rapid industrialization and increasing applications in the household and commercial sectors are primarily driving the wall repair products market. These repair products are mainly used in the residential sector since the construction of housing units in the U.S. is drywall. Drywall is rigid, however, not indestructible. Over time, gypsum-board walls can withstand ugly cracks or holes. Fortunately, drywalls can be easily fixable. Therefore, the construction of drywall housing is expected to surge the demand for wall repair products in the U.S.
Carpet Cleaner Market – Global Outlook & Forecast 2022-2027: The carpet cleaning market is expected to cross $935 million by 2027. Carpet cleaners are the equipment or machinery used in the carpet cleaning industry. Carpet maintenance requires proper cleaning products and machines. Although vacuuming can remove dirt from the top surface, it is insufficient. The best methods to clean a large, carpeted area are hot water extraction or steam cleaning, referred to as dry cleaning. Both procedures take dirt, poisons, and pollutants deep within the rugs.
Floor Sealer and Finisher Market – Global Outlook & Forecast 2021-2026: The global floor sealer and finisher market is expected to reach USD 3.41 billion in 2026. Renovation and remodeling are the significant factors driving the market’s growth globally.
Advancements in technologies and stringent government regulations toward VOCs and their usage is fueling the adoption of water-based floor sealer and finisher. Increasing activities in the construction and infrastructure sectors and rising demand for decorative flooring from the residential and commercial sector is expected to boost market growth. Increased investments in residential and commercial construction sectors will drive the demand for floor sealers and finishers in China.
Raised Access Flooring Market – Global Outlook and Forecast 2020-2025: The global raised access flooring market size is to cross USD 900 million by 2025. The usage of raised access flooring technology is increasing due to the growth in the construction market. The optimal use of floor space is one of the primary reasons for the growth of this technology. The increase in building permits for private residential houses and the growth of commercial construction are key factors influencing the market significantly. The demand for raised access floors also stems from retrofit projects, which are expected to aid the global raised access floor market during the forecast period.
Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY PRODUCT
4.3.2 MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
4.3.3 MARKET SEGMENTATION BY APPLICATION
4.3.4 MARKET SEGMENTATION BY END-USER
4.3.5 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 PREMIUM INSIGHTS
7.1 MARKET DEFINITION
7.2 REPORT OVERVIEW
7.3 IMPACT OF RUSSIA–UKRAINE WAR
7.4 RISK FACTORS IN THE MARKET
7.5 OPPORTUNITIES & CHALLENGE ANALYSIS
7.6 SEGMENT ANALYSIS
7.7 REGIONAL ANALYSIS
7.8 COMPETITIVE LANDSCAPE
7.9 FREQUENTLY ASKED QUESTIONS
8 INTRODUCTION
8.1 OVERVIEW
8.1.1 PARAMETERS IMPACTING MARKET GROWTH
8.1.2 RAPID SHIFT TOWARDS URBANIZATION
8.2 RAW MATERIAL INSIGHTS
8.2.1 IMPACT OF INFLATION
8.3 RISK FACTORS
8.4 CONSTRUCTION HIGHLIGHTS
8.5 IMPACT OF RUSSIA–UKRAINE WAR
8.6 GLOBAL ECONOMIC INDICATORS
8.7 VALUE CHAIN ANALYSIS
8.7.1 RAW MATERIALS SUPPLIERS
8.7.2 MANUFACTURERS
8.7.3 DISTRIBUTION CHANNELS
8.7.4 END-USERS
8.8 DISPOSAL OF CARPETS
9 MARKET OPPORTUNITIES & TRENDS
9.1 ESCALATING DEMAND FOR CARPET TILES
9.2 RISE IN RENOVATION AND REMODELING ACTIVITIES
9.3 RISING DEMAND FOR SUSTAINABLE CARPETS
10 MARKET GROWTH ENABLERS
10.1 SURGE IN HOSPITALITY INDUSTRY
10.1.1 HOTEL CONSTRUCTION
10.2 RISING DEMAND IN AUTOMOTIVE INDUSTRY
10.3 INCREASING DEMAND FROM TRANSPORTATION SECTOR
11 MARKET RESTRAINTS
11.1 HIGH MAINTENANCE & INITIAL COST
11.2 AVAILABILITY OF OTHER SUBSTITUTES
11.3 LACK OF SKILLED LABOR
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 VENDOR ANALYSIS
12.3 KEY INSIGHTS
12.4 DEMAND INSIGHTS
12.5 CONSUMER BEHAVIOR INSIGHTS
12.6 MARKET SIZE & FORECAST
12.7 FIVE FORCES ANALYSIS
12.7.1 THREAT OF NEW ENTRANTS
12.7.2 BARGAINING POWER OF SUPPLIERS
12.7.3 BARGAINING POWER OF BUYERS
12.7.4 THREAT OF SUBSTITUTES
12.7.5 COMPETITIVE RIVALRY
13 PRODUCT
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 BROADLOOM
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.3.3 MARKET BY GEOGRAPHY
13.4 CARPET TILES
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.4.3 MARKET BY GEOGRAPHY
14 APPLICATION
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 REPLACEMENT
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 NEW INSTALLATION
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
15 DISTRIBUTION CHANNEL
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 OFFLINE
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.3.3 MARKET BY GEOGRAPHY
15.4 ONLINE
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.4.3 MARKET BY GEOGRAPHY
16 END-USER
16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 MARKET OVERVIEW
16.3 RESIDENTIAL
16.3.1 MARKET OVERVIEW
16.3.2 MARKET SIZE & FORECAST
16.3.3 MARKET BY GEOGRAPHY
16.4 COMMERCIAL
16.4.1 MARKET OVERVIEW
16.4.2 MARKET SIZE & FORECAST
16.4.3 MARKET BY GEOGRAPHY
16.4.4 OFFICES: MARKET SIZE & FORECAST
16.4.5 MARKET BY GEOGRAPHY
16.4.6 HOSPITALITY: MARKET SIZE & FORECAST
16.4.7 MARKET BY GEOGRAPHY
16.4.8 EDUCATION: MARKET SIZE & FORECAST
16.4.9 MARKET BY GEOGRAPHY
16.4.10 SPORTS & ENTERTAINMENT: MARKET SIZE & FORECAST
16.4.11 MARKET BY GEOGRAPHY
16.4.12 RETAIL: MARKET SIZE & FORECAST
16.4.13 MARKET BY GEOGRAPHY
16.4.14 MEDICAL & CARE CENTER: MARKET SIZE & FORECAST
16.4.15 MARKET BY GEOGRAPHY
16.4.16 OTHER: MARKET SIZE & FORECAST
16.4.17 MARKET BY GEOGRAPHY
16.5 TRANSPORTATION
16.5.1 MARKET OVERVIEW
16.5.2 MARKET SIZE & FORECAST
16.5.3 MARKET BY GEOGRAPHY
17 GEOGRAPHY
17.1 MARKET SNAPSHOT & GROWTH ENGINE
17.2 GEOGRAPHIC OVERVIEW
18 NORTH AMERICA
18.1 MARKET OVERVIEW
18.2 MARKET SIZE & FORECAST
18.3 PRODUCT
18.3.1 MARKET SIZE & FORECAST
18.4 APPLICATION
18.4.1 MARKET SIZE & FORECAST
18.5 DISTRIBUTION CHANNEL
18.5.1 MARKET SIZE & FORECAST
18.6 END-USER
18.6.1 MARKET SIZE & FORECAST
18.7 COMMERCIAL SECTOR
18.7.1 MARKET SIZE & FORECAST
18.8 KEY COUNTRIES
18.8.1 US: MARKET SIZE & FORECAST
18.8.2 CANADA: MARKET SIZE & FORECAST
19 APAC
19.1 MARKET OVERVIEW
19.2 MARKET SIZE & FORECAST
19.3 PRODUCT
19.3.1 MARKET SIZE & FORECAST
19.4 APPLICATION
19.4.1 MARKET SIZE & FORECAST
19.5 DISTRIBUTION CHANNEL
19.5.1 MARKET SIZE & FORECAST
19.6 END-USER
19.6.1 MARKET SIZE & FORECAST
19.7 COMMERCIAL SECTOR
19.7.1 MARKET SIZE & FORECAST
19.8 KEY COUNTRIES
19.8.1 CHINA: MARKET SIZE & FORECAST
19.8.2 JAPAN: MARKET SIZE & FORECAST
19.8.3 AUSTRALIA: MARKET SIZE & FORECAST
19.8.4 INDIA: MARKET SIZE & FORECAST
19.8.5 SOUTH KOREA: MARKET SIZE & FORECAST
20 EUROPE
20.1 MARKET OVERVIEW
20.2 MARKET SIZE & FORECAST
20.3 PRODUCT
20.3.1 MARKET SIZE & FORECAST
20.4 APPLICATION
20.4.1 MARKET SIZE & FORECAST
20.5 DISTRIBUTION CHANNEL
20.5.1 MARKET SIZE & FORECAST
20.6 END-USER
20.6.1 MARKET SIZE & FORECAST
20.7 COMMERCIAL SECTOR
20.7.1 MARKET SIZE & FORECAST
20.8 KEY COUNTRIES
20.8.1 GERMANY: MARKET SIZE & FORECAST
20.8.2 UK: MARKET SIZE & FORECAST
20.8.3 FRANCE: MARKET SIZE & FORECAST
20.8.4 ITALY: MARKET SIZE & FORECAST
20.8.5 SPAIN: MARKET SIZE & FORECAST
21 MIDDLE EAST & AFRICA
21.1 MARKET OVERVIEW
21.2 MARKET SIZE & FORECAST
21.3 PRODUCT
21.3.1 MARKET SIZE & FORECAST
21.4 APPLICATION
21.4.1 MARKET SIZE & FORECAST
21.5 DISTRIBUTION CHANNEL
21.5.1 MARKET SIZE & FORECAST
21.6 END-USER
21.6.1 MARKET SIZE & FORECAST
21.7 COMMERCIAL SECTOR
21.7.1 MARKET SIZE & FORECAST
21.8 KEY COUNTRIES
21.8.1 SAUDI ARABIA: MARKET SIZE & FORECAST
21.8.2 UAE: MARKET SIZE & FORECAST
21.8.3 TURKEY: MARKET SIZE & FORECAST
21.8.4 SOUTH AFRICA: MARKET SIZE & FORECAST
22 LATIN AMERICA
22.1 MARKET OVERVIEW
22.2 MARKET SIZE & FORECAST
22.3 PRODUCT
22.3.1 MARKET SIZE & FORECAST
22.4 APPLICATION
22.4.1 MARKET SIZE & FORECAST
22.5 DISTRIBUTION CHANNEL
22.5.1 MARKET SIZE & FORECAST
22.6 END-USER
22.6.1 MARKET SIZE & FORECAST
22.7 COMMERCIAL SECTOR
22.7.1 MARKET SIZE & FORECAST
22.8 KEY COUNTRIES
22.8.1 BRAZIL: MARKET SIZE & FORECAST
22.8.2 MEXICO: MARKET SIZE & FORECAST
22.8.3 REST OF LATIN AMERICA: MARKET SIZE & FORECAST
23 COMPETITIVE LANDSCAPE
23.1 COMPETITIVE OVERVIEW
23.2 RECENT DEVELOPMENTS IN THE MARKET
23.2.1 INTERFACE
23.2.2 VICTORIA
23.2.3 MOHAWK INDUSTRIES
23.2.4 THE DIXIE GROUP
23.2.5 TARKETT
23.2.6 ORIENTAL WEAVERS
24 KEY COMPANY PROFILES
24.1 BEAULIEU INTERNATIONAL GROUP
24.1.1 BUSINESS OVERVIEW
24.1.2 FINANCIAL HIGHLIGHTS
24.1.3 PRODUCT OFFERINGS
24.1.4 KEY STRATEGIES
24.1.5 KEY STRENGTHS
24.1.6 KEY OPPORTUNITIES
24.2 INTERFACE
24.3 MOHAWK INDUSTRIES
24.4 THE DIXIE GROUP
24.5 TARKETT
24.6 ORIENTAL WEAVERS
24.7 VICTORIA
25 OTHER PROMINENT VENDORS
25.1 AXMINSTER CARPETS
25.2 BETAP
25.3 BRINTONS CARPETS
25.4 BRUMARK (EXPLORING)
25.5 CORMAR CARPET COMPANY
25.6 DORSETT INDUSTRIES
25.7 EGE CARPETS
25.8 FORBO FLOORING
25.9 GERFLOR
25.10 KANE CARPET
25.11 MANNINGTON MILLS
25.12 MILLIKEN & COMPANY
25.13 SHAW INDUSTRIES GROUP (BERKSHIRE HATHAWAY)
25.14 SUMINOE TEXTILE
26 REPORT SUMMARY
26.1 KEY TAKEAWAYS
26.2 STRATEGIC RECOMMENDATIONS
27 QUANTITATIVE SUMMARY
27.1 MARKET BY PRODUCT
27.1.1 MARKET SIZE & FORECAST
27.2 MARKET BY APPLICATION
27.2.1 MARKET SIZE & FORECAST
27.3 MARKET BY DISTRIBUTION CHANNEL
27.3.1 MARKET SIZE & FORECAST
27.4 MARKEY BY END-USER
27.4.1 MARKET SIZE & FORECAST
27.5 MARKET BY GEOGRAPHY
27.6 NORTH AMERICA
27.6.1 MARKET BY PRODUCT
27.6.2 MARKET BY APPLICATION
27.6.3 MARKET BY DISTRIBUTION CHANNEL
27.6.4 MARKET BY END-USER
27.6.5 MARKET BY COMMERCIAL SECTOR
27.7 APAC
27.7.1 MARKET BY PRODUCT
27.7.2 MARKET BY APPLICATION
27.7.3 MARKET BY DISTRIBUTION CHANNEL
27.7.4 MARKET BY END-USER
27.7.5 MARKET BY COMMERCIAL SECTOR
27.8 EUROPE
27.8.1 MARKET BY PRODUCT
27.8.2 MARKET BY APPLICATION
27.8.3 MARKET BY DISTRIBUTION CHANNEL
27.8.4 MARKET BY END-USER
27.8.5 MARKET BY COMMERCIAL SECTOR
27.9 MIDDLE EAST & AFRICA
27.9.1 MARKET BY PRODUCT
27.9.2 MARKET BY APPLICATION
27.9.3 MARKET BY DISTRIBUTION CHANNEL
27.9.4 MARKET BY END-USER
27.9.5 MARKET BY COMMERCIAL SECTOR
27.10 LATIN AMERICA
27.10.1 MARKET BY PRODUCT
27.10.2 MARKET BY APPLICATION
27.10.3 MARKET BY DISTRIBUTION CHANNEL
27.10.4 MARKET BY END-USER
27.10.5 MARKET BY COMMERCIAL SECTOR
28 APPENDIX
28.1 ABBREVIATIONS
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Call: +1-312-235-2040
+1 302 469 0707
Mail: [email protected]
Photo: https://mma.prnewswire.com/media/2002048/Carpet_Flooring_Market.jpg
Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/the-carpet-flooring-market-to-reach-usd-120-billion-by-2028-more-than-usd-35-billion-opportunities-in-the-next-6-years-the-adoption-of-customized-carpet-flooring-massively-increasing-in-aviation-and-marine-industries–arizton-301746350.html
SOURCE Arizton Advisory & Intelligence
