Broadloom Carpet Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Broadloom carpets are also known as tufted carpets. It is produced on a wide loom. Broadloom carpets are flexible and available in various colors and patterns. Broadloom carpets are made from solid and coarse fabrics from hemp or jute. Broadloom carpet is a carpet with tiny cut or looped yarn poking up through a backing. Broadloom carpets are reliable and durable.

MARKET DYNAMICS

The increasing popularity of home decor increases the demand for broadloom carpets worldwide. Also, rising disposable income and standard of living results in the adoption of home decor products such as decorative carpets, driving the demand for broadloom carpets around the globe. The inclination towards attractive and bold colors and solidly structured carpets is anticipated to witness the lucrative growth of the global broadloom carpets market. The growing demand for eco-friendly carpets fuels the global market of broadloom carpets. Broadloom carpets are flexible and available in various colors and patterns that drive and attract consumers to opt for broadloom carpets around the globe.

MARKET SCOPE

The "Global Broadloom Carpet Market Analysis to 2031" is a specialized and in-depth study of consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the broadloom carpet market with detailed market segmentation by type, material type, and distribution channel. The global broadloom carpet market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading broadloom carpet market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global broadloom carpet market is segmented into by type, material type, and distribution channel. Based on type, the global broadloom carpet market is segmented into hand-made, and machine-made. By material type, the global broadloom carpet market is segmented into, synthetic, wool, and others. By distribution channel, the global broadloom carpet market is classified into supermarkets and hypermarkets, specialty stores, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the broadloom carpet industry, including both qualitative and quantitative information. It provides an overview and forecast of the global broadloom carpet market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The broadloom carpet market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the broadloom carpet market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the broadloom carpet market in these regions.

MARKET PLAYERS

The report covers vital developments in the broadloom carpet market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the broadloom carpet market are anticipated to witness lucrative growth opportunities in the future with the rising demand for broadloom carpet in the global market. Below mentioned is the list of few companies engaged in the broadloom carpet market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the broadloom carpet market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

•  ORIENTAL WEAVERS
  
•  Standard carpets Ind, LLC.
  
•  Couristan, Inc.
  
•  Mohawk Industries
  
•  Beaulieu Technical Textiles
  
•  Balta Industries nv.
  
•  Tarkett
  
•  Masland Carpets
  
•  Milliken & Company
  
•  Ege Carpets.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Broadloom Carpet Report Scope