Europe Carpet and Rugs Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Europe Carpet and Rugs Market Size- By Type, By Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: FMCG2495 | Pages: 1 - 153 | Formats*: |
| Category : Consumer & Retail | |||
Europe Carpet and Rugs Market Introduction and Overview
According to SPER Market Research, the Europe Carpet and Rugs Market is estimated to reach USD XX billion by 2033 with a CAGR of 3.32%.
The report includes an in-depth analysis of the Europe Carpet and Rugs Market, including market size and trends, product mix, distribution channels, and supplier analysis. Rugs and carpets are utilized for both their decorative and practical features. It is an addition to floor coverings that improves the aesthetic appeal of interior design for a house or business. The carpets and rugs give the floors a layer of protection. Rugs and carpets keep the floor from getting too chilly and are a blessing for people living in cold climates. Within developed economies, there is a greater demand for rugs and carpets. Carpets and rugs are mostly used in commercial, residential, and industrial settings.
- Nov. 2021: situated in the United Kingdom For GBP 117 million (about USD 141.5 million), Victoria, a company that makes carpets and floor coverings, purchased the rugs segment of Balta Group. With its headquarters located in Belgium, Balta Group is the biggest carpet manufacturer in Europe.
- April 2022: To satisfy anticipated market demands, Milliken & Company purchased Zebra-chem GmbH in March, expanding its capacity and facilities.
Market Opportunities and Challenges
Opportunities: The European carpet and rug market is anticipated to expand strongly. Rising demand for rugs and carpets in the residential and non-residential sectors is one of the key factors contributing to the market's robust growth. This is because soft flooring products have a high market visibility and superior insulation features, such as floor insulation. Additionally, it is anticipated that throughout the forecast period, there will be a rise in demand for flooring, including carpets and rugs, due to the expansion of the residential sector in Eastern European nations like Russia and Turkey as a result of rising building expenditures.
Challenges: A number of challenges face the carpet and rug market in the fast-paced corporate world of today. The growing competition from other flooring options including vinyl, laminate, and hardwood is one major obstacle. These alternatives pose a threat to traditional carpet and rug sales because they are long-lasting, low-maintenance, and attractive. In addition, the sector has to deal with volatile raw material costs, especially with regard to synthetic fibers like polyester and nylon. Geopolitical unrest and economic uncertainty can further destabilize supply chains, affecting pricing and production costs. Furthermore, eco-friendly techniques and materials must be used by manufacturers due to sustainability demands and environmental concerns, which calls for research and development expenditures.
Market Competitive Landscape
Due to the presence of numerous smaller competitors, including Tarkett/Desso, Milliken, Balsan, Burnmatex, Associated Weavers, and Tarkett/Desso, the European carpet and rug market is extremely fragmented. The firms made significant investments in R&D to produce this product, which created a dynamic market. Lately, major R&D projects with the goal of improving products have been worked on by companies like Mohawk Industries and the Balta Group. The purpose of these endeavors is to establish a robust presence within the industry.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Application, By Distribution Channel |
| Regions covered | UK, France, Germany, Italy, Spain, Rest of Europe |
| Companies Covered | Agnella SA, Associated Weavers, Balsan, Balta Group, Brintons Carpets, Burmatex, Creatuft NV, Egetaepper AS, Fletco Carpets AS, Milliken, MoquetasRols SA, Royal Carpet SA, Tarkett/Desso, Others |
COVID-19 Impact on Europe Carpet and Rugs Market
The COVID-19 pandemic's abrupt outbreak in 2020 had a negative impact on the European economy. The disease's extreme contagiousness compelled municipal governments to implement movement restrictions and lockdowns. A growing number of people decorated and remodeled their homes as they worked from home. In 2020, carpet and rug retail sales decreased, although e-commerce sellers experienced significant growth.
Key Target Audience:
- Residential Consumers
- Commercial Enterprises
- Interior Designers and Architects
- Real Estate Developers
- Retailers and Distributors
- Manufacturers and Suppliers
- Government and Regulatory Bodies
Our in-depth analysis of the Europe Carpet and Rugs Market includes the following segments:
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| By Application: |
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Key Topics Covered in the Report:
- Europe Carpet and Rugs Market Size (FY’2024-FY’2033)
- Overview of Europe Carpet and Rugs Market
- Segmentation of Europe Carpet and Rugs Market By Type (Wall to Wall Tufted Carpets, Wall to Wall Woven Carpets, Rugs)
- Segmentation of Europe Carpet and Rugs Market By Application (Residential, Commercial)
- Segmentation of Europe Carpet and Rugs Market By Distribution Channel (Contractors, Retail, Others)
- Expansion Analysis of Europe Carpet and Rugs Market
- Problems and Obstacles in Europe Carpet and Rugs Market
- Competitive Landscape in the Europe Carpet and Rugs Market
- Impact of COVID-19 and Demonetization on Europe Carpet and Rugs Market
- Details on Current Investment in Europe Carpet and Rugs Market
- Competitive Analysis of Europe Carpet and Rugs Market
- Prominent Players in the Europe Carpet and Rugs Market
- SWOT Analysis of Europe Carpet and Rugs Market
- Europe Carpet and Rugs Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Carpet and Rugs Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Carpet and Rugs Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Carpet and Rugs Market
7. Europe Carpet and Rugs Market, By Type (USD Million) 2020-2033
7.1. Europe Carpet and Rugs Market Size, Share and Forecast, By Type, 2020-20267.2. Europe Carpet and Rugs Market Size, Share and Forecast, By Type, 2027-20337.3. Wall to Wall Tufted Carpets7.4. Wall to Wall Woven Carpets7.5. Rugs
8. Europe Carpet and Rugs Market, By Application (USD Million) 2020-2033
8.1. Europe Carpet and Rugs Market Size, Share and Forecast, By Application, 2020-20268.2. Europe Carpet and Rugs Market Size, Share and Forecast, By Application, 2027-20338.3. Residential8.4. Commercial
9. Europe Carpet and Rugs Market, By Distribution Channel (USD Million) 2020-2033
9.1. Europe Carpet and Rugs Market Size, Share and Forecast, By Distribution Channel, 2020-20269.2. Europe Carpet and Rugs Market Size, Share and Forecast, By Distribution Channel, 2027-20339.3. Contractors9.4. Retail
9.5. Others
10. Europe Carpet and Rugs Market Forecast, 2020-2033 (USD Million)
10.1. Europe Carpet and Rugs Market Size and Market Share
11. Europe Carpet and Rugs Market, By Region, 2020-2033 (USD Million)
11.1. Europe Carpet and Rugs Market Size and Market Share By Region (2020-2026)11.2. Europe Carpet and Rugs Market Size and Market Share By Region (2027-2033)11.3. France11.4. Germany11.5. Italy11.6. United Kingdom11.7. Rest of Europe
12. Company Profile
12.1. Agnella SA12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Associated Weavers12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Balsan12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. Balta Group12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. Brintons Carpets12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. Burmatex12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Creatuft NV12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Egetaepper AS12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Fletco Carpets AS12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. Milliken12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments12.11. MoquetasRols SA12.11.1. Company details12.11.2. Financial outlook12.11.3. Product summary12.11.4. Recent developments12.12. Royal Carpet SA12.12.1. Company details12.12.2. Financial outlook12.12.3. Product summary12.12.4. Recent developments12.13. Tarkett/Desso12.13.1. Company details12.13.2. Financial outlook12.13.3. Product summary12.13.4. Recent developments12.14. Others
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Carpet and Rugs Market is projected to reach USD XX billion by 2033, growing at a CAGR of 3.32 % during the forecast period.
Europe Carpet and Rugs Market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 3.32 % during the forecast period.
Europe Carpet and Rugs Market CAGR of 3.32 % during the forecast period.
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Europe Carpet and Rugs Market size is XX billion from 2024 to 2033.
Europe Carpet and Rugs Market Segment is covered By Type, By Application, By Distribution Channel.
The Europe anticipated to have the highest market share in the Europe Carpet and Rugs Market .
The key players in the market include Companies Covered Agnella SA, Associated Weavers, Balsan, Balta Group, Brintons Carpets, Burmatex, Creatuft NV, Egetaepper AS, Fletco Carpets AS, Milliken, MoquetasRols SA, Royal Carpet SA, Tarkett/Desso, Others.
eco-friendly techniques and materials must be used by manufacturers due to sustainability demands and environmental concerns, which calls for research and development expenditures.
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