Market Overview:
The global commercial rug and carpet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for carpets and rugs in commercial spaces, such as hotels, conference rooms, offices, and others. Additionally, the growing awareness about hygiene among consumers is also propelling the demand for carpets and rugs in commercial spaces. The nylon fiber segment is expected to dominate the global commercial rug and carpet market during the forecast period owing to its properties such as durability, stain resistance, colorfastness, etc. Polyester fiber is also anticipated to witness significant growth during the forecast period due its properties such as softness, high strength-to-weight ratio,, etc.
Product Definition:
Commercial Rug and Carpet is a type of flooring that is typically used in commercial spaces such as offices, stores, and restaurants. Commercial Rug and Carpet can be made from a variety of materials, including wool, nylon, polyester, or olefin. Its main purpose is to provide comfort and insulation for people who are walking on it. Additionally, it can help protect floors from dirt and debris.
Nylon Fiber:
Nylon fiber is a type of synthetic fiber that is produced from the polymerization of ethylene-based compounds. It has high tensile strength and durability, which makes it suitable for use in the manufacturing of carpets and rugs. Nylon fibers are also known as rayon fibers or nylon-6 fibers owing to their appearance.
Polyester Fiber:
Polyester fiber is a man-made fiber that belongs to the class of synthetic fibers. It is produced from the polymerization of adipic acid and has high resistance to stretching, heat, and abrasion. The product finds application in several industries including textile (apparel & other woven products), automotive (tire fabrics), electrical & electronics ( insulation material for wire coatings) construction materials (as a backing material).
Application Insights:
The office application segment led the global market and accounted for more than 54.0% share of the total revenue in 2017. The growth is attributed to an increase in demand from various offices, including corporate headquarters and regional offices, which require carpets for interior decoration purposes. Furthermore, a rise in the number of start-ups has resulted in an increased need for carpet installations at workstations to enhance aesthetic appeal as well as provide proper insulation against cold weathers.
Conference room application is expected to witness significant growth over the forecast period owing to its rising requirement across various industries such as hospitality, healthcare and business services among others that require conference room furniture including table covers, chairs and flooring materials such as rugs or carpets that can enhance both functional & esthetic appeal of a conference room space while providing comfort during meetings or events held there.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing carpet demand from emerging economies, such as China and India. Rapid urbanization coupled with growing commercial construction activities in these countries is projected to further fuel product demand.
The Asia Pacific rug market was valued at USD X million in 2017 owing to increased spending on home d©cor products by consumers from developing countries including China and India who are adopting western culture of living room interior decoration for their homes such as luxury apartments or high rise condominiums or corporate offices along with hotels, restaurants, shops etc.
Growth Factors:
- Increasing demand from the hospitality sector as hotels are refurbishing their premises with new carpets and rugs.
- Rising popularity of hardwood flooring and other flooring options that do not require regular maintenance, such as carpets, is driving demand for commercial carpets and rugs.
- Rapid growth in the construction industry is resulting in an increase in new office buildings, shopping malls, and other commercial spaces that are being fitted with carpets and rugs.
- The increasing number of people who are working from home is leading to a rise in demand for home office carpeting solutions that can be customized to individual needs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Rug and Carpet Market Research Report
By Type
Nylon Fiber, Polyester Fiber, Polypropylene Fiber, Wool, Others
By Application
Hotel, Conference Room, Office, Other
By Companies
Shaw Industries, Mohawk, Oriental Weavers, Milliken, Beaulieu, Interface, Dinarsu, Balta, Tarkett, Dixie Group, Shaw Industries, Merinos, Dongsheng Carpet Group, Jiangsu Kaili Carpet, Shanhua Carpet
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Rug and Carpet Market Report Segments:
The global Commercial Rug and Carpet market is segmented on the basis of:
Types
Nylon Fiber, Polyester Fiber, Polypropylene Fiber, Wool, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hotel, Conference Room, Office, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shaw Industries
- Mohawk
- Oriental Weavers
- Milliken
- Beaulieu
- Interface
- Dinarsu
- Balta
- Tarkett
- Dixie Group
- Shaw Industries
- Merinos
- Dongsheng Carpet Group
- Jiangsu Kaili Carpet
- Shanhua Carpet
Highlights of The Commercial Rug and Carpet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nylon Fiber
- Polyester Fiber
- Polypropylene Fiber
- Wool
- Others
- By Application:
- Hotel
- Conference Room
- Office
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Rug and Carpet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial rugs and carpets are made from a variety of materials, including wool, cotton, nylon, and polyester. They are often used in commercial settings such as restaurants or offices.
Some of the major players in the commercial rug and carpet market are Shaw Industries, Mohawk, Oriental Weavers, Milliken, Beaulieu, Interface, Dinarsu, Balta, Tarkett, Dixie Group, Shaw Industries, Merinos, Dongsheng Carpet Group, Jiangsu Kaili Carpet, Shanhua Carpet.
The commercial rug and carpet market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Rug and Carpet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Rug and Carpet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Rug and Carpet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Rug and Carpet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Rug and Carpet Market Size & Forecast, 2018-2028
4.5.1 Commercial Rug and Carpet Market Size and Y-o-Y Growth
4.5.2 Commercial Rug and Carpet Market Absolute $ Opportunity
Chapter 5 Global Commercial Rug and Carpet Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Rug and Carpet Market Size Forecast by Type
5.2.1 Nylon Fiber
5.2.2 Polyester Fiber
5.2.3 Polypropylene Fiber
5.2.4 Wool
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Rug and Carpet Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Rug and Carpet Market Size Forecast by Applications
6.2.1 Hotel
6.2.2 Conference Room
6.2.3 Office
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Rug and Carpet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Rug and Carpet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Rug and Carpet Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Rug and Carpet Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Rug and Carpet Market Size Forecast by Type
9.6.1 Nylon Fiber
9.6.2 Polyester Fiber
9.6.3 Polypropylene Fiber
9.6.4 Wool
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Rug and Carpet Market Size Forecast by Applications
9.10.1 Hotel
9.10.2 Conference Room
9.10.3 Office
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Rug and Carpet Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Rug and Carpet Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Rug and Carpet Market Size Forecast by Type
10.6.1 Nylon Fiber
10.6.2 Polyester Fiber
10.6.3 Polypropylene Fiber
10.6.4 Wool
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Rug and Carpet Market Size Forecast by Applications
10.10.1 Hotel
10.10.2 Conference Room
10.10.3 Office
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Rug and Carpet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Rug and Carpet Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Rug and Carpet Market Size Forecast by Type
11.6.1 Nylon Fiber
11.6.2 Polyester Fiber
11.6.3 Polypropylene Fiber
11.6.4 Wool
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Rug and Carpet Market Size Forecast by Applications
11.10.1 Hotel
11.10.2 Conference Room
11.10.3 Office
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Rug and Carpet Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Rug and Carpet Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Rug and Carpet Market Size Forecast by Type
12.6.1 Nylon Fiber
12.6.2 Polyester Fiber
12.6.3 Polypropylene Fiber
12.6.4 Wool
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Rug and Carpet Market Size Forecast by Applications
12.10.1 Hotel
12.10.2 Conference Room
12.10.3 Office
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Rug and Carpet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Rug and Carpet Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Rug and Carpet Market Size Forecast by Type
13.6.1 Nylon Fiber
13.6.2 Polyester Fiber
13.6.3 Polypropylene Fiber
13.6.4 Wool
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Rug and Carpet Market Size Forecast by Applications
13.10.1 Hotel
13.10.2 Conference Room
13.10.3 Office
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Rug and Carpet Market: Competitive Dashboard
14.2 Global Commercial Rug and Carpet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shaw Industries
14.3.2 Mohawk
14.3.3 Oriental Weavers
14.3.4 Milliken
14.3.5 Beaulieu
14.3.6 Interface
14.3.7 Dinarsu
14.3.8 Balta
14.3.9 Tarkett
14.3.10 Dixie Group
14.3.11 Shaw Industries
14.3.12 Merinos
14.3.13 Dongsheng Carpet Group
14.3.14 Jiangsu Kaili Carpet
14.3.15 Shanhua Carpet
