Global Area Rugs Market 2017-2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Area Rugs Market 2017-2021" report to their offering.

The analysts forecast the global area rugs market to grow at a CAGR of 3.14% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global area rugs market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of area rugs to individual consumers across the globe in 2016.

According to the report, one driver in market is consumer shift toward interior design. Consumers worldwide have started paying greater attention to and investing more time in decorating their homes with the best interiors they can afford. This includes spending on unique designer home furnishings such as carpets, rugs, curtains, cushion covers, beds, and other floor coverings, adding to the aesthetic appeal. The rising consumer income levels, evolving lifestyles, increased media penetration, and adoption of different cultures have further resulted in the growing interest of consumers toward interior decoration of their houses. Moreover, the growing population of working women and their increased participation in the decision-making process for home decoration are also creating interest among women to decorate their homes. These factors have resulted in consumers spending more money on different designer and luxury area rugs, thereby driving the growth of the market during the forecast period.

Key vendors

- Balta Industries

- Milliken & Company

- Mohawk Industries

- Shaw Industries

- The Dixie

Other prominent vendors

- Abraham Moheban & Sons

- BRINTONS AGNELLA

- Amar Carpets

- Amer Rugs

- Bukhara Carpets

- Capel Incorporated

- Harounian Rugs International (HRI)

- Nourison Industries

- ORIENTAL WEAVERS

- STEPEVI

- The Natural Carpet Company

- United Weavers of America

Market drivers

- Consumer shift toward improved interior design.

- For a full, detailed list, view the full report

Market challenges

- Intense competition among key competitors.

- For a full, detailed list, view the full report

Market trends

- Growing popularity of online and omnichannel retailing.

- For a full, detailed list, view the full report

For more information about this report visit http://www.researchandmarkets.com/research/8g7jqm/global_area_rugs

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Household

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Household