The global demand for Craft Carpet Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Craft carpet is a fabric floor sheet typically consisting of an upper layer of pile attached to a backing. It is used for various purposes, including insulating a person's feet from a cold tile or concrete floor, making a room more comfortable for sitting, reducing sound from walking, and enhancing the look of space. Carpets are either woven, needle felt, knotted, and tufted.
Global craft carpet market growth will benefit from continued strong growth in the housing sector and rising per capita incomes that will allow households to purchase more expensive floor coverings. The competitive advantages of craft carpet products, such as total installed cost and tactile and aesthetic qualities, will facilitate the market to maintain its significant market position. Launch of new eco-design and recycling carpet complementing environmental concerns is likely to augment Europe's demand. Meanwhile, the craft carpet industry faces a massive shortage of skilled weavers, which is hampering the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of craft carpet.
The entire craft carpet market has been sub-categorized into material, end user, sales channel and price point. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End User
By Sales Channel
By Price Point
- Hypermarket & Supermarket
- Specialty Store
- Online Sales Channel
This section covers regional segmentation which accentuates on current and future demand for craft carpet market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Craft Carpet Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the craft carpet market include Carpet Crafts, KarpetsbyRKS, Global Crafts Rugs, Miras Craft, Atlas Carpet Mills, Carpet Couture, Imperial Carpet & Home, Al-Monitor, LLC, Hands Carpet, Handicrafts, Jammu & Kashmir, Hag Carpet. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.