Market Overview:
The global contemporary rug market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for contemporary rugs in residential and commercial applications, owing to their aesthetic appeal and durability. In terms of type, the natural fiber segment is expected to lead the global contemporary rug market during the forecast period, followed by textiles and other segments. The natural fiber segment is projected to grow at a CAGR of 6.0% during the forecast period from 2018 to 2030, due in part to its growing popularity among consumers for its eco-friendly properties.
Product Definition:
A contemporary rug is a type of floor covering that is typically designed to be used in modern or contemporary interiors. Contemporary rugs are often made from synthetic materials, such as nylon, polyester, or acrylic, and can be quite versatile in terms of design. They can come in a variety of colors and patterns, and may feature elements like geometric shapes or abstract designs.
Natural Fiber:
Natural fibers are those derived from plants and animals. Wool, flax, silk, cottonwood tree pulp are some of the natural fibers that can be used in manufacturing rugs. Wool is by far the most commonly used natural fiber for making rugs due to its durability and softness. However; it is also known to have more allergens than synthetic fibers which may pose a challenge while using it as a raw material for making products over a prolonged period of time.
Textiles:
Textiles is the branch of human activity dealing with fibers, yarns, fabrics and their manipulation for manufacturing various products. The process of textile production can be segmented as weaving, knitting & crocheting and other processing like spinning etc.
Application Insights:
The indoor application segment dominated the global contemporary rug market, accounting for more than 60.0% share of the total revenue in 2017. The growing demand for rugs in residential applications including living rooms and bedrooms is expected to drive the demand over the forecast period. Indoor applications include commercial spaces such as hotels, restaurants and institutions as well as homes.
The outdoor application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing consumer spending on home dĩcor projects that include installing new carpets or mats in outdoor areas such as porches and decks due to enhanced aesthetic appeal coupled with functional benefits offered by these products against weather elements such as sun rays, rain drops along with other microorganisms that may cause diseases if remained on flooring surfaces for long periods of time without any protection whatsoever.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing disposable income, growing population and rapid urbanization in developing countries such as China and India. Moreover, increased spending on home d©cor products is also anticipated to drive demand for carpets from Asia Pacific region over the forecast period.
North America emerged as a prominent regional market in 2017 owing to high demand from residential application segment due mainly to rising trend of indoor-outdoor living space combination which has led consumers prefer rugs that can clean easily thus enhancing durability of flooring solution for patio and lawn area along with easy maintenance cost thus reducing overall maintenance cost for building owners’ association (HOA). Increasing number of HOA restrictions on outdoor furniture including chairs, sofas, table along with other decorative items have boosted up product sales especially within U.S.
Growth Factors:
- Increasing disposable income of the middle-class population in developing countries is expected to drive the demand for contemporary rugs over the forecast period.
- Rising trend of home décor and furnishing is also anticipated to boost the market growth.
- Contemporary rugs are being increasingly used as a statement piece in interior designing, which is further propelling the demand for these products.
- Proliferation of online retail platforms has made it easier for consumers to purchase contemporary rugs, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Contemporary Rug Market Research Report
By Type
Natural Fiber, Textiles, Other
By Application
Outdoor, Indoor
By Companies
Roda Srl, TALENTI SRL, Toulemonde Bochart, Edition Bougainville, G.T.Design S.r.l., Sirecom Tappeti, Agena, Marquis De Bérangose, GB Rugs, WILLIAM YEOWARD, LIGNE PURE, Kravet, Molteni&C, Kvadrat, DESIGNER CARPETS
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Contemporary Rug Market Report Segments:
The global Contemporary Rug market is segmented on the basis of:
Types
Natural Fiber, Textiles, Other
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
Outdoor, Indoor
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:
- Roda Srl
- TALENTI SRL
- Toulemonde Bochart
- Edition Bougainville
- G.T.Design S.r.l.
- Sirecom Tappeti
- Agena
- Marquis De Bérangose
- GB Rugs
- WILLIAM YEOWARD
- LIGNE PURE
- Kravet
- Molteni&C
- Kvadrat
- DESIGNER CARPETS
Highlights of The Contemporary Rug 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:
- Natural Fiber
- Textiles
- Other
- By Application:
- Outdoor
- Indoor
- 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 Contemporary Rug 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?
A contemporary rug is a type of flooring that is popular in today's society. They are typically made from synthetic materials such as nylon or polyester and often have a modern design.
Some of the major companies in the contemporary rug market are Roda Srl, TALENTI SRL, Toulemonde Bochart, Edition Bougainville, G.T.Design S.r.l., Sirecom Tappeti, Agena, Marquis De B©rangose, GB Rugs, WILLIAM YEOWARD, LIGNE PURE, Kravet, Molteni&C, Kvadrat, DESIGNER CARPETS.
The contemporary rug market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Contemporary Rug 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 Contemporary Rug Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Contemporary Rug 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 Contemporary Rug 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 Contemporary Rug Market Size & Forecast, 2018-2028
4.5.1 Contemporary Rug Market Size and Y-o-Y Growth
4.5.2 Contemporary Rug Market Absolute $ Opportunity
Chapter 5 Global Contemporary Rug 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 Contemporary Rug Market Size Forecast by Type
5.2.1 Natural Fiber
5.2.2 Textiles
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Contemporary Rug 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 Contemporary Rug Market Size Forecast by Applications
6.2.1 Outdoor
6.2.2 Indoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Contemporary Rug 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 Contemporary Rug 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 Contemporary Rug Analysis and Forecast
9.1 Introduction
9.2 North America Contemporary Rug 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 Contemporary Rug Market Size Forecast by Type
9.6.1 Natural Fiber
9.6.2 Textiles
9.6.3 Other
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 Contemporary Rug Market Size Forecast by Applications
9.10.1 Outdoor
9.10.2 Indoor
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 Contemporary Rug Analysis and Forecast
10.1 Introduction
10.2 Europe Contemporary Rug 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 Contemporary Rug Market Size Forecast by Type
10.6.1 Natural Fiber
10.6.2 Textiles
10.6.3 Other
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 Contemporary Rug Market Size Forecast by Applications
10.10.1 Outdoor
10.10.2 Indoor
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 Contemporary Rug Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Contemporary Rug 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 Contemporary Rug Market Size Forecast by Type
11.6.1 Natural Fiber
11.6.2 Textiles
11.6.3 Other
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 Contemporary Rug Market Size Forecast by Applications
11.10.1 Outdoor
11.10.2 Indoor
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 Contemporary Rug Analysis and Forecast
12.1 Introduction
12.2 Latin America Contemporary Rug 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 Contemporary Rug Market Size Forecast by Type
12.6.1 Natural Fiber
12.6.2 Textiles
12.6.3 Other
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 Contemporary Rug Market Size Forecast by Applications
12.10.1 Outdoor
12.10.2 Indoor
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) Contemporary Rug Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Contemporary Rug 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) Contemporary Rug Market Size Forecast by Type
13.6.1 Natural Fiber
13.6.2 Textiles
13.6.3 Other
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) Contemporary Rug Market Size Forecast by Applications
13.10.1 Outdoor
13.10.2 Indoor
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 Contemporary Rug Market: Competitive Dashboard
14.2 Global Contemporary Rug Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Roda Srl
14.3.2 TALENTI SRL
14.3.3 Toulemonde Bochart
14.3.4 Edition Bougainville
14.3.5 G.T.Design S.r.l.
14.3.6 Sirecom Tappeti
14.3.7 Agena
14.3.8 Marquis De Bérangose
14.3.9 GB Rugs
14.3.10 WILLIAM YEOWARD
14.3.11 LIGNE PURE
14.3.12 Kravet
14.3.13 Molteni&C
14.3.14 Kvadrat
14.3.15 DESIGNER CARPETS
