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Table of Contents
Global automobile industry is one of the fastest growing industry globally with CAGR of 5.2% from 2024 to 2030. Heavy demand for vehicle is prime driving factor for Carpets & Rugs Market growth. Global sales of passenger cars are expected to cross 150 million by 2030. Increase in disposable income and population across the world are also important factors contributing for growth of Carpets & Rugs Market.
USA and China are the largest market for Automobiles. China has produced more than 30 million units in 2023. USA is emerged as Carpets & Rugs Market leader in 2023. India and Japan Carpets & Rugs industry is expected to grow at rate of 5.1 % up to 2030. Flexible government policies in USA, India and Japan has given tremendous support for establishing Automotive manufacturing plants.
Global Carpets & Rugs Market: Product Type
Global Carpets & Rugs Market: End User
Global Carpets & Rugs Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Carpets and Rugs Market :Global Carpets & Rugs Market : Regional Analysis
Global Carpets & Rugs Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 111037.41 million |
Forecast Value (2031) |
USD 190805.10 million |
CAGR (2025-2030) |
6.2 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Carpets & Rugs Market was valued at around USD 111037.41 million in 2023 & estimated to reach USD 190805.10 million by 2030.
Carpets & Rugs Market is likely to grow at Compound Annual Growth Rate (CAGR) of 6.2% between 2024 to 2030.
USA is emerged as Carpets & Rugs Market leader & likely to show highest growth rate in upcoming years.
Some of the top key players of the Carpets & Rugs Market are Mohawk Industries,Shaw Industries,Lowe?s Companies,Taekett,Home Depot,Interface,Dixie Group,Orientals Weavers Company for Carpets,Tai Ping Carpets International,Victoria
Heavy demand for vehicles is a prime driving factor for Carpets & Rugs Market growth.
Yes, the report includes COVID 19 impact on the market.
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