Market Overview:
The global tufted carpet tile 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 from residential and commercial applications. Tufted carpet tiles are made by stitching yarn through a backing material, which is then cut into square or rectangular shapes. These tiles can be installed either by using an adhesive or with mechanical fasteners such as staples or nails. The global tufted carpet tile market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into cut pile, loop pile, and cut and loop pile segments. The cut pile segment is expected to account for a major share of the global tufted carpet tile market in 2018 owing to its high aesthetic appeal and durability as compared to other types of carpets available in the market.
Product Definition:
A tufted carpet tile is a type of carpet that is made from individual pieces of yarn that are attached to a backing. They are often used in commercial settings because they are easy to install and can be replaced if they become damaged.
Cut Pile:
The global cut pile, it's usage and growth factor in the tufted carpet tile market is expected to witness significant growth over the forecast period. The major drivers for this market are increasing demand from residential sector on account of growing construction industry coupled with rapid urbanization. In addition, rising disposable income levels along with changing consumer preferences towards attractive and aesthetic interiors is further expected to drive the demand for cut pile carpet tiles over the next seven years.
Loop Pile:
The loop pile is a type of carpet tile used to cover flooring surfaces in commercial and residential buildings. Loop piles are available in various sizes and can be cut to required length for installation. It has a wide application area including retail stores, showrooms, offices, warehouses & storage units among others owing to its features such as durability and easy maintenance.
Application Insights:
The home use application segment accounted for the largest share of more than 50.0% in 2017. This is attributed to growing trend of DIY among consumers, coupled with increasing availability of flooring options at affordable prices. Tufted carpets are increasingly being used in homes as an alternative to traditional rugs due to their ability to blend well with various decors and styles, along with providing warmth and comfort underfoot.
The hotel & theater application segment is expected register a significant CAGR over the forecast period owing tufted carpet tiles offer versatility in terms of design flexibility along with easy cleaning and maintenance facilities on site or off site depending upon installation method employed by end-users/operators.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of more than 40.0% in 2017. This growth is attributed to the increasing demand for stylish and luxury home interiors as well as commercial spaces, such as hotels, restaurants, malls and corporate offices. The region has been witnessing an increase in spending on home d©cor products including carpets since the past few years due to changing consumer lifestyle along with rising disposable income levels among consumers aged 25 years and above.
Asia Pacific is expected to be one of the fastest-growing regional markets from 2018 to 2030 owing to rapid urbanization coupled with growing population especially in China, India Japan South Korea Indonesia Thailand Malaysia Philippines Pakistan etc., which will drive product demand over next eight years period.
Growth Factors:
- Increasing demand from the construction sector for flooring and wall coverings
- Rising disposable income of consumers in developing countries
- Technological advancements in tufted carpet tile manufacturing processes
- Growing popularity of modular flooring systems
- Proliferation of online retail channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Tufted Carpet Tile Market Research Report
By Type
Cut Pile, Loop Pile, Cut and Loop Pile
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, Ambadi
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Tufted Carpet Tile Market Report Segments:
The global Tufted Carpet Tile market is segmented on the basis of:
Types
Cut Pile, Loop Pile, Cut and Loop Pile
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
- Ambadi
Highlights of The Tufted Carpet Tile 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:
- Cut Pile
- Loop Pile
- Cut and Loop Pile
- 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 Tufted Carpet Tile 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
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- 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?
Tufted carpet tile is a type of flooring made from a series of small, interlocking tiles. The tiles are usually arranged in a geometric pattern, and they often have a textured or furry surface. This type of flooring is popular for its decorative appeal and its ability to resist dirt and stains.
Some of the major players in the tufted carpet tile 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, Ambadi.
The tufted carpet tile 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. Tufted Carpet Tile 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. Tufted Carpet Tile Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tufted Carpet Tile Market - Supply Chain
4.5. Global Tufted Carpet Tile Market Forecast
4.5.1. Tufted Carpet Tile Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tufted Carpet Tile Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tufted Carpet Tile Market Absolute $ Opportunity
5. Global Tufted Carpet Tile 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. Tufted Carpet Tile Market Size and Volume Forecast by Type
5.3.1. Cut Pile
5.3.2. Loop Pile
5.3.3. Cut and Loop Pile
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tufted Carpet Tile 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. Tufted Carpet Tile 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 Tufted Carpet Tile 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. Tufted Carpet Tile 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 Tufted Carpet Tile 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. Tufted Carpet Tile 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 Tufted Carpet Tile Demand Share Forecast, 2019-2026
9. North America Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile Market Size and Volume Forecast by Type
9.7.1. Cut Pile
9.7.2. Loop Pile
9.7.3. Cut and Loop Pile
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 Tufted Carpet Tile Demand Share Forecast, 2019-2026
10. Latin America Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile Market Size and Volume Forecast by Type
10.7.1. Cut Pile
10.7.2. Loop Pile
10.7.3. Cut and Loop Pile
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 Tufted Carpet Tile Demand Share Forecast, 2019-2026
11. Europe Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile Market Size and Volume Forecast by Type
11.7.1. Cut Pile
11.7.2. Loop Pile
11.7.3. Cut and Loop Pile
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o- 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 Tufted Carpet Tile Demand Share, 2019-2026
12. Asia Pacific Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile Market Size and Volume Forecast by Type
12.7.1. Cut Pile
12.7.2. Loop Pile
12.7.3. Cut and Loop Pile
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 Tufted Carpet Tile Demand Share, 2019-2026
13. Middle East & Africa Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile 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 Tufted Carpet Tile Market Size and Volume Forecast by Type
13.7.1. Cut Pile
13.7.2. Loop Pile
13.7.3. Cut and Loop Pile
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 Tufted Carpet Tile Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tufted Carpet Tile Market: Market Share Analysis
14.2. Tufted Carpet Tile Distributors and Customers
14.3. Tufted Carpet Tile 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. Ambadi
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