Market Overview:
The global loop pile carpet tiles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for carpets in residential and commercial applications, owing to their aesthetic appeal and comfort. Additionally, the growing construction industry is also propelling the demand for loop pile carpet tiles globally. Based on type, nylon is expected to be the fastest-growing segment of the global loop pile carpet tiles market during 2018-2030. This can be attributed to its properties such as durability, stain resistance, and colorfastness.
Product Definition:
Loop pile carpet tiles are a type of flooring that is made up of individual squares or rectangles of carpet that are attached to each other. The squares or rectangles are made up of loops of yarn that create a soft, textured surface. Loop pile carpet tiles can be installed in a variety of ways, including as wall-to-wall coverage or as an accent piece. They are often used in commercial settings due to their durability and ability to withstand high traffic areas.
Nylon:
Nylon is a polymer and it's mainly derived from the carbon compounds. It has high tensile strength, good elasticity, and excellent resistance to abrasion. Nylon can be segmented into three categories including nylon 6,6 (polyamide), nylon 6,10 (polyamide), and nylon 6,12 (polyamide). Polyamides are used in Loop Pile Carpet Tiles production on account of their superior properties as compared to other synthetic fibers available today.
Wool:
Wool is a natural textile material made from the fleece of various animals, including sheep, camels, and goats. Wool can be processed into several types of fibers depending on their length and structure. Short wool fibers are known as angora; long wool fibers are known as lyocell or carpets. Loop pile carpet tiles made with short wool fiber offer excellent softness along with high insulation value which makes them very comfortable to walk on.
Application Insights:
The home use application segment led the global loop pile carpet tiles market in 2017. This is attributed to rising disposable income levels and changing lifestyle of consumers, especially in emerging economies such as China, India and Brazil. Consumers are opting for home decor products that enhance their living space while providing comfort and ease of maintenance. Loop pile carpets are gaining popularity as they offer an aesthetic appeal along with superior functionality at a relatively lower cost when compared to other types of carpets.
The hotel & theater application segment is expected to witness significant growth over the forecast period owing to increasing number of hotels being constructed across various regions including Asia Pacific, Europe, North America and Middle East & Africa. These structures need large spaces for holding events or gatherings which will drive demand for loop pile carpet tiles in this application type over the next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a rise in residential and commercial construction activities. In addition, increasing adoption of loop pile carpets for home use is likely to propel industry demand over the coming years.
Asia Pacific regional market accounted for more than 25% of global revenue share in 2017 owing to rapid urbanization and industrial expansion across emerging economies such as China, India, Indonesia, Malaysia and Thailand. In addition, rising number of hotels & malls across these countries are anticipated to fuel product demand during the forecast period.
Growth Factors:
- Increasing demand from the construction sector for flooring tiles as a replacement for traditional carpets and rugs.
- Rising popularity of modular carpet tiles among homeowners and businesses as they are easy to install, replace, and clean.
- Growing demand for Loop Pile Carpet Tiles in the hospitality sector due to their attractive appearance and durability.
- Increasing use of Loop Pile Carpet Tiles in schools, colleges, and other educational institutions due to their safety features and low maintenance requirements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Loop Pile Carpet Tiles Market Research Report
By Type
Nylon, Wool, Polyester, Other
By Application
Home Use, Hotel & Theater, Malls, Office & Workspace, Others
By Companies
Shaw Industries Group, Mohawk, Beaulieu, Balta Carpets, Tarkett, The Dixie Group, Milliken, Associated Weavers, Ege Carpets, Phenix Flooring, Victoria PLC, Oriental Weavers Carpet, Standard 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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Loop Pile Carpet Tiles Market Report Segments:
The global Loop Pile Carpet Tiles market is segmented on the basis of:
Types
Nylon, Wool, Polyester, 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
Home Use, Hotel & Theater, Malls, Office & Workspace, Others
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 Group
- Mohawk
- Beaulieu
- Balta Carpets
- Tarkett
- The Dixie Group
- Milliken
- Associated Weavers
- Ege Carpets
- Phenix Flooring
- Victoria PLC
- Oriental Weavers Carpet
- Standard Carpets
Highlights of The Loop Pile Carpet Tiles 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
- Wool
- Polyester
- Other
- By Application:
- Home Use
- Hotel & Theater
- Malls
- Office & Workspace
- Others
- 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 Loop Pile Carpet Tiles 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.
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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?
Loop pile carpet tiles are a type of flooring made from a loop of carpet yarn that is then machine-woven into a mat. This type of flooring is popular for its low cost and easy installation.
Some of the major companies in the loop pile carpet tiles market are Shaw Industries Group, Mohawk, Beaulieu, Balta Carpets, Tarkett, The Dixie Group, Milliken, Associated Weavers, Ege Carpets, Phenix Flooring, Victoria PLC, Oriental Weavers Carpet, Standard Carpets.
The loop pile carpet tiles market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Loop Pile Carpet Tiles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Loop Pile Carpet Tiles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Loop Pile Carpet Tiles Market - Supply Chain
4.5. Global Loop Pile Carpet Tiles Market Forecast
4.5.1. Loop Pile Carpet Tiles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Loop Pile Carpet Tiles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Loop Pile Carpet Tiles Market Absolute $ Opportunity
5. Global Loop Pile Carpet Tiles Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Loop Pile Carpet Tiles Market Size and Volume Forecast by Type
5.3.1. Nylon
5.3.2. Wool
5.3.3. Polyester
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Loop Pile Carpet Tiles Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Loop Pile Carpet Tiles Market Size and Volume Forecast by Application
6.3.1. Home Use
6.3.2. Hotel & Theater
6.3.3. Malls
6.3.4. Office & Workspace
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Loop Pile Carpet Tiles Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Loop Pile Carpet Tiles Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Loop Pile Carpet Tiles Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Loop Pile Carpet Tiles Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Loop Pile Carpet Tiles Demand Share Forecast, 2019-2026
9. North America Loop Pile Carpet Tiles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Loop Pile Carpet Tiles Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Loop Pile Carpet Tiles Market Size and Volume Forecast by Application
9.4.1. Home Use
9.4.2. Hotel & Theater
9.4.3. Malls
9.4.4. Office & Workspace
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Loop Pile Carpet Tiles Market Size and Volume Forecast by Type
9.7.1. Nylon
9.7.2. Wool
9.7.3. Polyester
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Loop Pile Carpet Tiles Demand Share Forecast, 2019-2026
10. Latin America Loop Pile Carpet Tiles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Loop Pile Carpet Tiles Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Loop Pile Carpet Tiles Market Size and Volume Forecast by Application
10.4.1. Home Use
10.4.2. Hotel & Theater
10.4.3. Malls
10.4.4. Office & Workspace
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Loop Pile Carpet Tiles Market Size and Volume Forecast by Type
10.7.1. Nylon
10.7.2. Wool
10.7.3. Polyester
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Loop Pile Carpet Tiles Demand Share Forecast, 2019-2026
11. Europe Loop Pile Carpet Tiles Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Loop Pile Carpet Tiles Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Loop Pile Carpet Tiles Market Size and Volume Forecast by Application
11.4.1. Home Use
11.4.2. Hotel & Theater
11.4.3. Malls
11.4.4. Office & Workspace
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Loop Pile Carpet Tiles Market Size and Volume Forecast by Type
11.7.1. Nylon
11.7.2. Wool
11.7.3. Polyester
11.7.4. Other
11.8. Basis Point Share (BP) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Loop Pile Carpet Tiles Demand Share, 2019-2026
12. Asia Pacific Loop Pile Carpet Tiles Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Loop Pile Carpet Tiles Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Loop Pile Carpet Tiles Market Size and Volume Forecast by Application
12.4.1. Home Use
12.4.2. Hotel & Theater
12.4.3. Malls
12.4.4. Office & Workspace
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Loop Pile Carpet Tiles Market Size and Volume Forecast by Type
12.7.1. Nylon
12.7.2. Wool
12.7.3. Polyester
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Loop Pile Carpet Tiles Demand Share, 2019-2026
13. Middle East & Africa Loop Pile Carpet Tiles Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Loop Pile Carpet Tiles Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Loop Pile Carpet Tiles Market Size and Volume Forecast by Application
13.4.1. Home Use
13.4.2. Hotel & Theater
13.4.3. Malls
13.4.4. Office & Workspace
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Loop Pile Carpet Tiles Market Size and Volume Forecast by Type
13.7.1. Nylon
13.7.2. Wool
13.7.3. Polyester
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Loop Pile Carpet Tiles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Loop Pile Carpet Tiles Market: Market Share Analysis
14.2. Loop Pile Carpet Tiles Distributors and Customers
14.3. Loop Pile Carpet Tiles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shaw Industries Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mohawk
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Beaulieu
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Balta Carpets
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tarkett
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. The Dixie Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Milliken
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Associated Weavers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ege Carpets
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Phenix Flooring
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Victoria PLC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Oriental Weavers Carpet
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Standard Carpets
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
