Market Overview:
The global wool carpet market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, increasing demand for wool carpets from residential and commercial applications, growing awareness about the benefits of using wool carpets, and rising disposable income in developing countries. However, volatility in prices of raw materials used for manufacturing wool carpets may restrain the growth of this market during the forecast period. Based on type, woven wool carpet segment is expected to account for a major share of the global Wool Carpet Market during 2018-2030. This segment is projected to grow at a CAGR of 5% over the forecast period due to its high durability and aesthetic appeal.
Product Definition:
Wool Carpet is a type of carpet that is made from wool. Wool carpets are often expensive, but they can last for many years if they are taken care of properly.
Woven Wool Carpet:
Woven wool carpet is a type of floor covering, which is made up of several layers of top-quality yarns. These layers are woven together to form a dense and strong material, which can be used as flooring for residential or commercial applications. The product has high resistance power against stain and odor and also provides excellent insulation against heat & cold. It also acts as an insulator for noise pollution created by guests staying in the vicinity.
Handmade Carpet:
Handmade carpet is a type of floor covering, which is produced by hand. There are various types of handmade carpets such as rugs and mats. The primary difference between the two is their size and shape. Rugs are larger in size than mats, generally ranging from 5ft x 7ft to 8ft x 10 ft., whereas mats range from 3/4 ft. to 1 1/2 ft.
Application Insights:
The office application segment accounted for the largest share of more than 40% in 2017. The product is widely used in offices as it provides thermal insulation and moisture resistance to spaces, thereby making them comfortable year-round. In addition, increasing demand for wool carpet from commercial spaces such as law firms, accounting firms and consulting rooms is expected to drive the segment growth over the forecast period.
Hotel application was one of the fastest-growing segments with a CAGR of XX% from 2018 to 2030 owing to rapid expansion projects by leading hotel chains such as Hyatt Corporation, Marriott International Inc., Taj Group and IHG (InterContinental Hotels Group) around the world. Furthermore, rising construction spending by these companies are likely to contribute significantly towards industry growth over next few years.
Automobile sector emerged as another key market driver on account of high demand for vehicles among various end-use industries including hospitality and healthcare across various regions including North America.
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 product demand from residential, hotel, and other application segments. Furthermore, rising disposable income coupled with rapid urbanization in developing countries such as China and India are expected to drive product sales over the next eight years.
The European market was valued at USD X billion in 2017 owing to high consumer awareness regarding environmental protection along with a strong preference for sustainable products is likely to boost regional growth during the forecast period.
Growth Factors:
- Increasing demand from the construction sector for flooring and insulation materials
- Rising disposable income of consumers, which is resulting in an increase in demand for luxury flooring products
- Proliferation of online retail platforms that are offering a wide range of wool carpets at competitive prices
- Growing popularity of natural fiber carpets among consumers due to their environmental friendly nature
- Technological advancements that are making wool carpets more durable and resistant to stains
Scope Of The Report
Report Attributes
Report Details
Report Title
Wool Carpet Market Research Report
By Type
Woven Wool Carpet, Handmade Carpet
By Application
Office, Hotel, Automobile, Residential, Other
By Companies
Desso Aviation, AeroSea Carpet, ITC Natural Luxury Flooring, Belgotex, Shaw Industries, Mohawk, Oriental Weavers Group, Beaulieu, Balta, Tarkett, Dixie Group, Brintons, Merinos, Dongsheng Carpet Group, Jiangsu Kaili Carpet, Haima Carpet, TY Carpet, COC Carpet, HUADE Group, Zhemei Carpets, Karastan
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Wool Carpet Market Report Segments:
The global Wool Carpet market is segmented on the basis of:
Types
Woven Wool Carpet, Handmade Carpet
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
Office, Hotel, Automobile, Residential, 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:
- Desso Aviation
- AeroSea Carpet
- ITC Natural Luxury Flooring
- Belgotex
- Shaw Industries
- Mohawk
- Oriental Weavers Group
- Beaulieu
- Balta
- Tarkett
- Dixie Group
- Brintons
- Merinos
- Dongsheng Carpet Group
- Jiangsu Kaili Carpet
- Haima Carpet
- TY Carpet
- COC Carpet
- HUADE Group
- Zhemei Carpets
- Karastan
Highlights of The Wool 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:
- Woven Wool Carpet
- Handmade Carpet
- By Application:
- Office
- Hotel
- Automobile
- Residential
- 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 Wool 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?
Wool carpet is a type of flooring made from woolen yarns. Wool is a natural fiber that can be soft and warm, making it an ideal choice for carpets and rugs. Wool carpet is also resistant to dirt, dust, and pet hair.
Some of the major companies in the wool carpet market are Desso Aviation, AeroSea Carpet, ITC Natural Luxury Flooring, Belgotex, Shaw Industries, Mohawk, Oriental Weavers Group, Beaulieu, Balta, Tarkett, Dixie Group, Brintons, Merinos, Dongsheng Carpet Group, Jiangsu Kaili Carpet, Haima Carpet, TY Carpet, COC Carpet, HUADE Group, Zhemei Carpets, Karastan.
The wool carpet 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. Wool Carpet 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. Wool Carpet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wool Carpet Market - Supply Chain
4.5. Global Wool Carpet Market Forecast
4.5.1. Wool Carpet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wool Carpet Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wool Carpet Market Absolute $ Opportunity
5. Global Wool Carpet 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. Wool Carpet Market Size and Volume Forecast by Type
5.3.1. Woven Wool Carpet
5.3.2. Handmade Carpet
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wool Carpet 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. Wool Carpet Market Size and Volume Forecast by Application
6.3.1. Office
6.3.2. Hotel
6.3.3. Automobile
6.3.4. Residential
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wool Carpet 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. Wool Carpet 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 Wool Carpet 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. Wool Carpet 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 Wool Carpet Demand Share Forecast, 2019-2026
9. North America Wool Carpet 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 Wool Carpet 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 Wool Carpet Market Size and Volume Forecast by Application
9.4.1. Office
9.4.2. Hotel
9.4.3. Automobile
9.4.4. Residential
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wool Carpet Market Size and Volume Forecast by Type
9.7.1. Woven Wool Carpet
9.7.2. Handmade Carpet
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 Wool Carpet Demand Share Forecast, 2019-2026
10. Latin America Wool Carpet 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 Wool Carpet 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 Wool Carpet Market Size and Volume Forecast by Application
10.4.1. Office
10.4.2. Hotel
10.4.3. Automobile
10.4.4. Residential
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wool Carpet Market Size and Volume Forecast by Type
10.7.1. Woven Wool Carpet
10.7.2. Handmade Carpet
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 Wool Carpet Demand Share Forecast, 2019-2026
11. Europe Wool Carpet 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 Wool Carpet 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 Wool Carpet Market Size and Volume Forecast by Application
11.4.1. Office
11.4.2. Hotel
11.4.3. Automobile
11.4.4. Residential
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wool Carpet Market Size and Volume Forecast by Type
11.7.1. Woven Wool Carpet
11.7.2. Handmade Carpet
11.8. Basis Point Share (BPS) 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 Wool Carpet Demand Share, 2019-2026
12. Asia Pacific Wool Carpet 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 Wool Carpet 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 Wool Carpet Market Size and Volume Forecast by Application
12.4.1. Office
12.4.2. Hotel
12.4.3. Automobile
12.4.4. Residential
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wool Carpet Market Size and Volume Forecast by Type
12.7.1. Woven Wool Carpet
12.7.2. Handmade Carpet
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 Wool Carpet Demand Share, 2019-2026
13. Middle East & Africa Wool Carpet 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 Wool Carpet 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 Wool Carpet Market Size and Volume Forecast by Application
13.4.1. Office
13.4.2. Hotel
13.4.3. Automobile
13.4.4. Residential
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wool Carpet Market Size and Volume Forecast by Type
13.7.1. Woven Wool Carpet
13.7.2. Handmade Carpet
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 Wool Carpet Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wool Carpet Market: Market Share Analysis
14.2. Wool Carpet Distributors and Customers
14.3. Wool Carpet Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Desso Aviation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AeroSea Carpet
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ITC Natural Luxury Flooring
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Belgotex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shaw Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mohawk
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Oriental Weavers Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Beaulieu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Balta
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tarkett
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dixie Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Brintons
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Merinos
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Dongsheng Carpet Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jiangsu Kaili Carpet
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Haima Carpet
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. TY Carpet
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COC Carpet
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. HUADE Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Zhemei Carpets
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
