PUBLISHER: TechNavio | PRODUCT CODE: 1714114
PUBLISHER: TechNavio | PRODUCT CODE: 1714114
The area rugs market is forecasted to grow by USD 4032.7 mn during 2024-2029, accelerating at a CAGR of 3.8% during the forecast period. The report on the area rugs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by consumer shift toward interior design, growing demand for high-end luxury area rugs, and growing popularity of omnichannel retailing.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 3.6% |
CAGR | 3.8% |
Incremental Value | $4032.7 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's area rugs market is segmented as below:
By Product
By Application
By Distribution Channel
By Material
By Geographical Landscape
This study identifies the advent of prayer rugs as one of the prime reasons driving the area rugs market growth during the next few years. Also, introduction of sustainable area rugs and greater impact of organized retailing will lead to sizable demand in the market.
The report on the area rugs market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading area rugs market vendors that include Amara Rugs, Antep Rugs Inc., Belysse Group NV, BRINTONS AGNELLA Ltd., Capel Inc., Harounian Rugs International, Kalaty Rug Corp., Loloi Inc., Milliken and Co., Mohawk Industries Inc., Momeni Inc., Nourison, Oriental Weavers Group, Safavieh LLC, Shaw Industries Group Inc., STEPEVI Group, The Dixie Group Inc., The Natural Carpet Co., and United Weavers Inc.. Also, the area rugs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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