IMARC Group, a leading market research company, has recently released a report titled “United States Carpet Market Report by Material (Nylon, Olefin, Polyester, and Others), Price Point (Economy, Luxury), Sales Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores), End User (Residential, Commercial), and Region 2024-2032.” The study provides a detailed analysis of the industry, including the United States carpet market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the United States Carpet Market?
The United States carpet market size is projected to exhibit a growth rate (CAGR) of 3.2% during 2024-2032.
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United States Carpet Market Trends and Drivers:
The recovery of the residential housing sector and the growing trend of home renovation and interior decoration to get a unique look for commercial as well as residential spaces are the factors contributing to the expansion of the United States carpet market. Additionally, due to the key benefits offered by carpets, such as sound absorption and design flexibility, they are becoming an increasingly popular flooring option for homeowners looking to create attractive and aesthetically pleasing living areas, which is fueling the market. Besides this, commercial properties including hotels, businesses, schools, etc., are the main drivers of the industry, as carpets are essential to furnishing these spaces with a warm and inviting atmosphere. Moreover, advances in manufacturing methods have also resulted in the development of carpet materials that are more stain-resistant, long-lasting, and low-maintenance, which is further bolstering the market.
The growing popularity of modular carpet tiles, which offer flexibility in design and ease of installation and maintenance, is augmenting the United States carpet market. These tiles are especially desirable for commercial settings since they are simple to repair in high-traffic areas without requiring a complete floor renovation. In addition to this, the population is inclined to get customized products, and adding individual creativity, such as unique designs, colors, textures, etc., is creating a positive outlook for the market. Furthermore, the integration of advanced technologies into the carpet manufacturing process, including digital printing, is creating unique and personalized carpets at an affordable price, which is projected to catalyze the United States carpet market over the forecasted period.
United States Carpet Market Report Segmentation:
The report is organized into distinct sections as follows:
By Material:
- Nylon
- Olefin
- Polyester
- Others
By material, the market is segmented into nylon, olefin, polyester, and others.
By Price Point:
- Economy
- Luxury
By price point, the market is bifurcated into economy and luxury.
By Sales Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
By sales channel, the market is categorized into supermarkets and hypermarkets, specialty stores, and online stores.
By End User:
- Residential
- Commercial
By end user, the market is classified into residential and commercial.
Regional Insights:
- Northeast
- Midwest
- South
- West
Region wise, the market is divided into Northeast, Midwest, South, and West.
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Other Key Points Covered in the Report:
- COVID-19 Impact
- Porters Five Forces Analysis
- Value Chain Analysis
- Strategic Recommendations
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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