Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Tufted Carpet Tile Market by Type (Cut Pile, Loop Pile, Cut and Loop Pile), By Application (Home Use, Hotel & Theater, Malls, Office & Workspace, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Tufted Carpet Tile Market by Type (Cut Pile, Loop Pile, Cut and Loop Pile), By Application (Home Use, Hotel & Theater, Malls, Office & Workspace, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 149572 3300 Consumer Goods 377 234 Pages 4.7 (31)
                                          

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.


Global Tufted Carpet Tile Industry Outlook


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:

  1. Shaw Industries Group
  2. Mohawk
  3. Beaulieu
  4. Balta Carpets
  5. Tarkett
  6. The Dixie Group
  7. Milliken
  8. Associated Weavers
  9. Ege Carpets
  10. Phenix Flooring
  11. Victoria PLC
  12. Oriental Weavers Carpet
  13. Standard Carpets
  14. Ambadi

Global Tufted Carpet Tile Market Overview


Highlights of The Tufted Carpet Tile Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Cut Pile
    2. Loop Pile
    3. Cut and Loop Pile
  1. By Application:

    1. Home Use
    2. Hotel & Theater
    3. Malls
    4. Office & Workspace
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Tufted Carpet Tile Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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