Area rugs are pieces of thick and heavy material and are mainly used for covering floors and to enhance the office and home appearance. There are various types of rugs such as silk area rug, wool area rug, and others most popular and easily available in the market. The several types of material used in area rugs including cotton, wool, polyester, polypropylene, nylon, silk, and others and are available in different sizes, styles, shapes, and colors. In addition, the area rugs widely used in the offices, shops, educational institutions, hotels, and other commercial places and residential places across the globe.
Increasing per capita income of individuals, growing housing industry, and expanding corporate sector across the globe, these are major reasons for the high demand and adoption of area rugs globally. In addition, rising demand for machine-made and handmade area rugs in the commercial and residential sector helps to increase demand for area rugs in developing and developed countries.
Rising penetration of area rugs on e-commerce portals and the increasing availability of various patterns, designs, colors, sizes area rugs in the market at affordable prices results in high demand for area rush across the globe. In addition, rising globalization and urbanization across the globe and increasing consumer preference for the interior design of home, offices, and other places result in high demand for luxury area rugs among individuals.
Furthermore, rising renovation and remodeling activities across the globe and increasing penetration of organized retailing in many countries of the globe results in high demand for area rugs globally. Increasing preference for online shopping among individuals, owing to various facilities provided by e-commerce platforms such as easy payment, free home delivery, easy product return and exchange, attractive discounts and others results in an increase in demand of area rugs across the globe.
- By Type
- By Region
- By Application
Moreover, increasing advanced technological methods and frequent launching of new designs, patterns, and colors area rugs by major area rugs manufacturers across the globe are other reasons helps to increase popularity and high demand for area rugs in many areas of the globe. The various patterns, colors, sizes, and designs area rugs widely used in the commercial and residential sector across the globe. Increasing home interior decoration in many developed and developing countries helps to support high demand and adoption of area rugs globally.
An increasing number of construction and renovation activities and high adoption of luxury area rugs in many countries of the North America region including Canada and US. Expanding corporate sector and rising number of residential and commercial projected in the countries such as China, India, France, Germany, UK, and Italy in the Asia Pacific and Europe regions. In addition, the increasing popularity of various designs, colors, and patterns of area rugs among individuals and rising penetration of internet and smartphones in the countries such as South Africa, Israel, Mexico, and Brazil in the Middle East & Africa and Latin America regions.
Prominent players operating in the global area rugs market including, Balta Industries, Milliken & Company, Mohawk Industries, Nourison Industries, OW (Oriental Weavers), Shaw Industries, and The Dixie Group.