Market Highlights
Carpet and rugs market is expected to grow during the forecast period, owing to the rising preference for modular carpet solutions among end-users. The increase in renovation activities for residential and commercial purposes and the use of carpets and rugs for floor decoration, are also driving the growth of the market. The market is also gaining traction owing to the increase in adoption of carpets and rugs in the countries with cold climatic conditions as they provide thermal insulation benefits.
Market Research Analysis:
Based on type, the tufted segment is expected to dominate the market owing to its increased adoption by the residential construction and commercial projects. The technological advancements have allowed the usage of recycled fiber in manufacturing of carpets and rugs, which is further driving the market for tufted carpets and rugs. Tufting is appropriate for all types of fibers & yarns and can be made in a variety of finishes, which increases the use of such types of Rugs Market Demand
On the basis of end-use, the residential segment is expected to grow at the highest CAGR owing to the increase in adoption of carpets for the purpose of floor coverings among residential end-users. Carpets are available in a range of colors and textures, which make them suitable for use by residential end-users in all types of decors. The increasing investment in new housing constructions and the rapid increase in home renovation projects, are driving the growth of the residential sector in the Rugs Market Demand
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Scope of the report
This study provides an overview of the global carpet and rugs market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Rugs Market Demand by its material, type, end-use and region.
By Material
- Nylon
- Polyester
- Polypropylene
By Type
- Woven
- Tufted
- Knotted
- Needle-punched
By End-Use
- Residential
- Non-residential
- Automotive & Transportation
By Region
- North America
- Asia Pacific
- Europe
- Rest of the World
Key Players
The key players of global Carpet and rugs market includes Mohawk Industries, Inc. (U.S.), Taekett S.A. (France), Lowe's Companies, Inc. (U.S.), Shaw Industries Group (U.S.), Dixie Group, Inc. (U.S.), Home Depot, Inc. (U.S.), Tai Ping Carpets International Limited (China), Interface, Inc. (U.S.), Orientals Weavers Company for Carpets (Egypt), Victoria PLC (U.K.) and others.
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Market HighlightsCarpet and rugs market is expected to grow during the forecast period, owing to the rising preference for modular carpet solutions among end-users.
The increase in renovation activities for residential and commercial purposes and the use of carpets and rugs for floor decoration, are also driving the growth of the market.
The market is also gaining traction owing to the increase in adoption of carpets and rugs in the countries with cold climatic conditions as they provide thermal insulation benefits.Market Research Analysis: Based on type, the tufted segment is expected to dominate the market owing to its increased adoption by the residential construction and commercial projects.
The technological advancements have allowed the usage of recycled fiber in manufacturing of carpets and rugs, which is further driving the market for tufted carpets and rugs.
The increasing investment in new housing constructions and the rapid increase in home renovation projects, are driving the growth of the residential sector in the carpets market.
Scope of the report This study provides an overview of the global carpet and rugs market, tracking three market segments across four geographic regions.
Market SynopsisThe global coffee market is projected to garner USD 102,279.2 million during the forecast period (2018-2023).
A beverage with widespread consumption in the world, coffee has been through several changes and innovation over the past years.
Coffee is prepared by brewing processed or roasted coffee seeds.
Regions like North America holds a huge market share where around 71% of the total population consumes coffee on a daily basis.On the flip side, fluctuating prices of coffee beans are likely to impact the market growth adversely.
The climatic change affects the productivity can also act as a growth deterrent.Competitive DashboardThe major players operating the global coffee market are Tchibo Coffee International Ltd. (U.K.), Tata Global Beverages Ltd. (India), Nestlé S.A. (Switzerland), The Coca Cola Company (U.S.), Strauss Group Ltd. (Israel), The Kraft Heinz Company (U.S.), Jacobs Douwe Egberts (The Netherlands), Starbucks Corporation (U.S.), The J.M.
Asia Pacific is considered to account for the maximum proportion in this segment.
Many key players in beverages market are investing in R so as to focus on product development which enriches the flavors in flavored milk.
Moreover, flavored milk is gaining popularity across the globe, as the demand for healthy food & beverages has been increasing in recent years.
Access Report Details @ https://www.marketresearchfuture.com/reports/flavored-milk-market-5458Market Forecast:The global flavored milk market is witnessing an impressive growth over the last few years.
This is attributed to the shifting consumer preferences among the population of both developed and developing economies.
Apart from that, the companies are introducing their products in the developing economies in order to penetrate the untapped market.
Among all the flavor’s, the chocolate segment holds the major market share followed by the vanilla segment.On the basis of the packaging material, it is segmented into plastic, glass, paper, metal, and others.
Market HighlightsMedical device & accessories are products, intended to support, supplement, or augment the performance of one or more parent devices.
In this regards, Koninklijke Philips N.V, in June 2017, acquired Cardio Prolific Inc. which is a U.S.-based, privately held company that develops catheter-based thrombectomy approaches to treat peripheral vascular disease.
These mergers and acquisitions help them to develop pipeline and network of their product around the globe.
People in this region are more health conscious that leads to an increase in the healthcare spending.Europe accounts for the second largest market, which is followed by Asia Pacific.
Western Europe holds the major share of the market which is majorly contributed by Germany, U.K., and France.
Moreover, major driving factors for the market in this region are increasing the prevalence of chronic diseases, strong government support, and well-developed technology.On the other hand, The Middle East & Africa holds the least share in the market owing to the presence of poor and slow developing countries, especially, in the African region.
Autonomous Construction Equipment Market:WiseGuyReports.com adds “Autonomous Construction Equipment Global Market Report 2020-30” reports to its database.Executive SummaryThe global autonomous construction equipment market is expected to decline from $9.53 billion in 2019 to $8.46 billion in 2020 at a compound annual growth rate (CAGR) of -11.28%.
The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities.
The market is then expected to recover and reach $14.05 billion in 2023 at CAGR of 18.45%.The autonomous construction equipment market consists of sales of autonomous construction equipment which works on wireless communication technologies, by interfering with radio signals from other equipment, receiving commands and reporting status.
The equipment includes hardware retrofit and sensors added to get machine and process feedback, as well as knowledge of position and the surroundings.
Asia Pacific is expected to be the fastest growing region in the forecast period.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5374303-autonomous-construction-equipment-global-market-report-2020-30Making existing equipment autonomous is the growing trend in Autonomous construction equipment market.
With more machines to be likely become autonomous in the future, promising developments are on the horizon.The market covered in this report is segmented by autonomy into partial/semi autonomous.
Market research future published a half cooked research report on global roofing materials market.
The market for global roofing materials market is expected to grow over the CAGR of around 3% during the period 2016 to 2023Market HighlightsThe roofing materials market is majorly driven by the increase in the investments in real-estate, especially by the developments of the new commercial buildings such as hotels and shopping malls.
The growth in construction and renovation activities is adding to the growth.
The Tile roof segment is expected to grow the highest during the forecast period.
Tile roofs are also fire-proof and have the ability to resist damage caused by hurricanes, earthquakes, and other extreme weather conditions.Based on applications, the roofing materials market has been segmented as residential and non-residential.
The non-residential segment is expected to grow due to factors such as the increasing manufacturing facilities and the ongoing industrial developments across the world.
