The Rug Market size was valued at USD 37.58 Billion in 2023 and the total Rug Market revenue is expected to grow at a CAGR of 4.8% from 2024 to 2030, reaching nearly USD 52.18 Billion.Rug Market Overview.
A Rug is a floor covering of thick woven material or animal skin, typically not extending over the entire space. Rugs are popular for interior décor. They are available in various variety of textures and sizes. The rug’s softness and comfort help to reduce stress. The rug market is showing growth due to factors such as consumer preferences, disposable income, technological innovations, and more focus on environmental sustainability. Rugs are high in demand in cold regions as they keep the floor warm during winter. Fluctuations in prices of raw materials affect the growth of the Rug Market. India and the USA are the two largest markets for rugs in the world. The USA is the largest importer of rugs in the world. The USA imported rugs of value USD 312 million in the year 2022. China is the largest exporter of rugs. China exported rugs valued at USD 1480 billion in the year 2022. Innovations in the manufacturing of rugs facilitated the growth of the market. North America claims the largest market share.To know about the Research Methodology :- Request Free Sample Report
Rug Market Dynamics
An increase in urbanization and disposal income drives the Rug Market growth Urbanization and the increase in disposable income of consumers are creating demand for home décor items, like rugs. Governments across different countries are taking the initiative to boost the market growth. Government initiative like CEPC by the Indian government helps the exporters to increase exports. The most durable rug materials are wool, polypropylene, nylon, sisal, and jute, which are resilient against wear and tear. Plant-based sisal provides massaging quality and synthetic materials like nylon provide resilient quality. As people increasingly prioritize environmental considerations, they are turning to eco-friendly rugs to enhance interior spaces. Volatility in raw material prices restrains the Rug Market growth The price of the rug depends on how the product is manufactured, the type of material that is used, its quality, and its size. Fluctuating prices of raw materials is one of the major concerns. In China Nylon was priced at USD 2.690 in August 2023 and at USD 2.700 in September 2023. Rapid changing prices in raw materials like nylon and polyester hinder market growth. Changes in import and export policies have a huge impact on the rug market. Competition from alternative flooring options can affect the growth potential of the rug market. Unauthorized production and distribution of duplicate products can affect market share. The Jammu and Kashmir government started a Geographical Indication (GI) tag for famed Kashmiri carpets with a quick response code to reduce counterfeit production. Rising construction and customer preference for sustainability products increase demand for products. Rising construction provides growth opportunities for the rug industry. Rugs are considered elements used for interior décor. Changing lifestyles and preferences have increased the demand for rugs. Growing e-commerce has increased accessibility to customers. Customers no longer need to visit the physical market. Customers are opting for sustainable rugs which is increasing demand for rugs made of natural fibers and eco-friendly dyes. In a competitive landscape, players in the carpet industry are investing in research and development to offer innovative and cost-effective products. Mohawk Industries introduced a sustainability strategy. The strategy focused on 3 pillars people, planet, and performance. Technological advancements in digital printing are creating new avenues for the growth of the market, this allows customers to choose from various options and reduce the cost of production. The challenge of infrastructure detains Rug Market growth Lack of infrastructure is a challenge for rug manufacturing, especially in rural areas. The unavailability of better quality raw materials and limited innovation hinder the growth of the rug market. Shortage of power supply hinders the process of manufacturing. Inadequate transportation services in the region have a huge impact on exports and imports. Mirzapur and Bhadoi in India are facing a crisis related to infrastructure. In 2023 U.S. residential construction decreased for a second consecutive year. Declining residential construction reduces the demand for rugs. Import and Export The total world trade of hand-woven rugs is USD 5.71 Billion in 2022. The United States holds a 17% market share and is the world's largest Rug-importing country. Countries like Germany, the United Kingdom, Japan, and Canada are other major rug-importing countries. In the world, India exports to more than 70 countries. The USA is the biggest importer of floor covering from India. Accounting for around 57% of total exports. In April 2021- March 2022, India exported USD 1281.29 million worth of floor-covering products. The fastest-growing export markets for Tufted floor covering in India between 2021 and 2022 were Sweden, Italy, and Kuwait. According to U.S import data rugs exported from China to the USA account for 55.6% of total rug imports India has an 8% market share and is the world's second-largest exporter. According to Rug import data, Turkey, Belgium, and Egypt are important Rug-exporting nations.Covid-19 Impact During the pandemic, many commercial sectors were shut down as a result of this demand for rugs declined. The government imposed restrictions on imports and exports. The prices of raw materials like wool, silk, and jute hiked during the pandemic which affected production. The supply of raw materials required for rug manufacturing was disrupted. Loss of around 3000 crores was faced by industry in Bhadohi. Mohawk Industries Inc. closed some plants, including the Pennsylvania facility due to declining floor covering demand. During the pandemic, companies focused on the development of new products. Many companies developed anti-viral or anti-bacterial rugs.
Rug Market Segment Analysis
By Product type- The market is segmented into tufted, knotted, needle needle-punched product types. Tufted types of rugs are dominant in the market, it is reported that in 2022 world trade of tufted rugs was about USD 7.21 billion. The tufted segment is dominant due to its low cost and easy maintenance. Market demand increased due to the availability of unlimited designs. The Woven segment is expected to grow as they are widely available with long product life. Sweden is the fastest-growing export market of tufted carpets. In hand-woven rugs, turkey is a top exporter and the United States is the largest importer in the year 2022. By material type- Based on the market segment market is segmented into Nylon, Polyester, Polypropylene, Silk, and Wool. Nylon holds a major share as consumers prefer stain and spill-resistant rugs for easy cleaning. It is one most durable products used for manufacturing rugs. Nylon is well suited for high-traffic areas. Its durability and quality make good investment for customers. Nylon rugs are easier to clean and maintain as compared to natural fabrics. Wool rugs are known for aesthetics and greater durability and are easy to handle. It is one common natural fiber used for manufacturing rugs. Rugs made up of wool are considered hypoallergenic, which makes them suitable for everyone in the family, including pets. They are considered sustainable, long-lasting, and low-maintenance. By end users- Based on the market segment market is segmented into Residential and non-residential. Rugs are becoming popular for interior décor, they are available in a variety of textures and sizes. Rugs provide softness and comfort they are used in children’s playrooms or nurseries. Recent times have witnessed a rise in many households choosing to adopt domesticated pets like cats and dogs in their homes and surfaces like wood, vinyl floors get scratched or damaged by the blunt claws of animals. The commercial sector is expected to rise. The increasing demand for products in non-residential spaces due to soundproofing ability, and appealing aesthetics.Rug Market Regional Insights-
North America dominated the rug market. The rapid expansion of construction activities, especially in the United States. The increase in demand for new houses and rising home decoration trends are creating demand for the products. Manufacturing companies are more focused on producing new innovative products for increasing demand. New home sales increased rapidly after a sharp downwards, sales jumped by 8.8% to a seasonally adjusted annualized rate of 683000 last month. The median sales price was around USD 430,700. Rugs USA, an e-commerce destination in partnership with Shaw Industries Group, Inc. launched Custom by Rugs USA, where they offered custom-sized rugs directly to the consumer. Mohawk Industries has a global presence, they provide a diverse selection of rugs. The company is known for its innovative approach, sustainability, and wide range of products. Asia-Pacific region is more inclined towards woven rugs as they are highly durable. Rugs are used in regions of low temperature of Asia-Pacific. The introduction of colorfully designed products has increased the demand. Based on material type nylon segment was found dominant. Nylon is a better choice for areas with high traffic. And residential segment held the major share due increase in disposable income. China dominated the Asia-Pacific rug market. Construction in China is increasing due to economic stability. In India, in the year 2023 demand for residential properties increased in multiple cities, even after the mortgage and property prices were high. This drives the demand for the products in the region. During April-November 2020, exports of handmade rugs from India were valued at USD 916.15 Million. Government investments in textile and home décor industries are pushing the rug market forward.Rugs Market Scope: Inquire before buying
Global Rug Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 37.58 Bn. Forecast Period 2024 to 2030 CAGR: 4.8% Market Size in 2030: US $ 52.18 Bn. Segments Covered: by Product Type Tufted Knotted Needle punched Woven others by Material Type Nylon Polyester Polypropylene Wool silk by End User Residential Non residential Rug Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Rug Key Players
1. Tai Ping Carpets International (china) 2. Mohawk Industries Inc. (U.S) 3. Lowe’s Companies Inc. ( U.S) 4. Tarkett Group (France) 5. Victoria Carpets Ltd. (U.S) 6. Shaw Industries Group Inc. (U.S) 7. Inter Ikea Systems B.V. (Netherlands) 8. Genie Carpet Manufacturers (India) 9. Beaulieu International Group (Belgium) 10. Oriental Weavers Company (Egypt) Frequently Asked Questions: 1] What segments are covered in the Rug Market report? Ans. The segments covered in the Rug Market report are based on product type, material type, and end-user type. 2] Which region held the largest rug market share in 2023? Ans. The Asia Pacific region held the largest Rug Market share in 2023 in which China was the leading country. 3] What is the expected Rug Market size by 2030? Ans. The Rug Market size is expected to reach USD 52.18 billion in 2030. 4] What was the key driver of the Global Rug Market? Ans. Urbanization, increased disposable income, growing e-commerce 5] What is the expected CAGR of the Rug Market during the forecast period? Ans. The expected CAGR of the Rug Market during the forecast period will be 4.8%
1. Rug Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Rug Market: Dynamics 2.1. Rug Market Trends by Region 2.1.1. North America Rug Market Trends 2.1.2. Europe Rug Market Trends 2.1.3. Asia Pacific Rug Market Trends 2.1.4. Middle East and Africa Rug Market Trends 2.1.5. South America Rug Market Trends 2.2. Rug Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Rug Market Drivers 2.2.1.2. North America Rug Market Restraints 2.2.1.3. North America Rug Market Opportunities 2.2.1.4. North America Rug Market Challenges 2.2.2. Europe 2.2.2.1. Europe Rug Market Drivers 2.2.2.2. Europe Rug Market Restraints 2.2.2.3. Europe Rug Market Opportunities 2.2.2.4. Europe Rug Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Rug Market Drivers 2.2.3.2. Asia Pacific Rug Market Restraints 2.2.3.3. Asia Pacific Rug Market Opportunities 2.2.3.4. Asia Pacific Rug Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Rug Market Drivers 2.2.4.2. Middle East and Africa Rug Market Restraints 2.2.4.3. Middle East and Africa Rug Market Opportunities 2.2.4.4. Middle East and Africa Rug Market Challenges 2.2.5. South America 2.2.5.1. South America Rug Market Drivers 2.2.5.2. South America Rug Market Restraints 2.2.5.3. South America Rug Market Opportunities 2.2.5.4. South America Rug Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Rug Industry 2.8. Analysis of Government Schemes and Initiatives For Rug Industry 2.9. Rug Market Trade Analysis 2.10. The Global Pandemic Impact on Rug Market 3. Rug Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Rug Market Size and Forecast, by Product Type (2023-2030) 3.1.1. Tufted 3.1.2. Knotted 3.1.3. Needle punched 3.1.4. Woven 3.1.5. others 3.2. Rug Market Size and Forecast, by Material Type (2023-2030) 3.2.1. Nylon 3.2.2. Polyester 3.2.3. Polypropylene 3.2.4. Wool 3.2.5. silk 3.3. Rug Market Size and Forecast, by End User (2023-2030) 3.3.1. Residential 3.3.2. Non residential 3.3.3. 3.4. Rug Market Size and Forecast, by Region (2023-2030) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Rug Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Rug Market Size and Forecast, by Product Type (2023-2030) 4.1.1. Tufted 4.1.2. Knotted 4.1.3. Needle punched 4.1.4. Woven 4.1.5. others 4.2. North America Rug Market Size and Forecast, by Material Type (2023-2030) 4.2.1. Nylon 4.2.2. Polyester 4.2.3. Polypropylene 4.2.4. Wool 4.2.5. silk 4.3. North America Rug Market Size and Forecast, by End User (2023-2030) 4.3.1. Residential 4.3.2. Non residential 4.3.3. 4.4. North America Rug Market Size and Forecast, by Country (2023-2030) 4.4.1. United States 4.4.1.1. United States Rug Market Size and Forecast, by Product Type (2023-2030) 4.4.1.1.1. Tufted 4.4.1.1.2. Knotted 4.4.1.1.3. Needle punched 4.4.1.1.4. Woven 4.4.1.1.5. others 4.4.1.2. United States Rug Market Size and Forecast, by Material Type (2023-2030) 4.4.1.2.1. Nylon 4.4.1.2.2. Polyester 4.4.1.2.3. Polypropylene 4.4.1.2.4. Wool 4.4.1.2.5. silk 4.4.1.3. United States Rug Market Size and Forecast, by End User (2023-2030) 4.4.1.3.1. Residential 4.4.1.3.2. Non residential 4.4.1.3.3. 4.4.2. Canada 4.4.2.1. Canada Rug Market Size and Forecast, by Product Type (2023-2030) 4.4.2.1.1. Tufted 4.4.2.1.2. Knotted 4.4.2.1.3. Needle punched 4.4.2.1.4. Woven 4.4.2.1.5. others 4.4.2.2. Canada Rug Market Size and Forecast, by Material Type (2023-2030) 4.4.2.2.1. Nylon 4.4.2.2.2. Polyester 4.4.2.2.3. Polypropylene 4.4.2.2.4. Wool 4.4.2.2.5. silk 4.4.2.3. Canada Rug Market Size and Forecast, by End User (2023-2030) 4.4.2.3.1. Residential 4.4.2.3.2. Non residential 4.4.2.3.3. 4.4.3. Mexico 4.4.3.1. Mexico Rug Market Size and Forecast, by Product Type (2023-2030) 4.4.3.1.1. Tufted 4.4.3.1.2. Knotted 4.4.3.1.3. Needle punched 4.4.3.1.4. Woven 4.4.3.1.5. others 4.4.3.2. Mexico Rug Market Size and Forecast, by Material Type (2023-2030) 4.4.3.2.1. Nylon 4.4.3.2.2. Polyester 4.4.3.2.3. Polypropylene 4.4.3.2.4. Wool 4.4.3.2.5. silk 4.4.3.3. Mexico Rug Market Size and Forecast, by End User (2023-2030) 4.4.3.3.1. Residential 4.4.3.3.2. Non residential 4.4.3.3.3. 5. Europe Rug Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Rug Market Size and Forecast, by Product Type (2023-2030) 5.2. Europe Rug Market Size and Forecast, by Material Type (2023-2030) 5.3. Europe Rug Market Size and Forecast, by End User (2023-2030) 5.4. Europe Rug Market Size and Forecast, by Country (2023-2030) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Rug Market Size and Forecast, by Product Type (2023-2030) 5.4.1.2. United Kingdom Rug Market Size and Forecast, by Material Type (2023-2030) 5.4.1.3. United Kingdom Rug Market Size and Forecast, by End User (2023-2030) 5.4.2. France 5.4.2.1. France Rug Market Size and Forecast, by Product Type (2023-2030) 5.4.2.2. France Rug Market Size and Forecast, by Material Type (2023-2030) 5.4.2.3. France Rug Market Size and Forecast, by End User (2023-2030) 5.4.3. Germany 5.4.3.1. Germany Rug Market Size and Forecast, by Product Type (2023-2030) 5.4.3.2. Germany Rug Market Size and Forecast, by Material Type (2023-2030) 5.4.3.3. Germany Rug Market Size and Forecast, by End User (2023-2030) 5.4.4. Italy 5.4.4.1. Italy Rug Market Size and Forecast, by Product Type (2023-2030) 5.4.4.2. Italy Rug Market Size and Forecast, by Material Type (2023-2030) 5.4.4.3. Italy Rug Market Size and Forecast, by End User (2023-2030) 5.4.5. Spain 5.4.5.1. Spain Rug Market Size and Forecast, by Product Type (2023-2030) 5.4.5.2. Spain Rug Market Size and Forecast, by Material Type (2023-2030) 5.4.5.3. Spain Rug Market Size and Forecast, by End User (2023-2030) 5.4.6. Sweden 5.4.6.1. Sweden Rug Market Size and Forecast, by Product Type (2023-2030) 5.4.6.2. Sweden Rug Market Size and Forecast, by Material Type (2023-2030) 5.4.6.3. Sweden Rug Market Size and Forecast, by End User (2023-2030) 5.4.7. Austria 5.4.7.1. Austria Rug Market Size and Forecast, by Product Type (2023-2030) 5.4.7.2. Austria Rug Market Size and Forecast, by Material Type (2023-2030) 5.4.7.3. Austria Rug Market Size and Forecast, by End User (2023-2030) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Rug Market Size and Forecast, by Product Type (2023-2030) 5.4.8.2. Rest of Europe Rug Market Size and Forecast, by Material Type (2023-2030) 5.4.8.3. Rest of Europe Rug Market Size and Forecast, by End User (2023-2030) 6. Asia Pacific Rug Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Rug Market Size and Forecast, by Product Type (2023-2030) 6.2. Asia Pacific Rug Market Size and Forecast, by Material Type (2023-2030) 6.3. Asia Pacific Rug Market Size and Forecast, by End User (2023-2030) 6.4. Asia Pacific Rug Market Size and Forecast, by Country (2023-2030) 6.4.1. China 6.4.1.1. China Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.1.2. China Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.1.3. China Rug Market Size and Forecast, by End User (2023-2030) 6.4.2. S Korea 6.4.2.1. S Korea Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.2.2. S Korea Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.2.3. S Korea Rug Market Size and Forecast, by End User (2023-2030) 6.4.3. Japan 6.4.3.1. Japan Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.3.2. Japan Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.3.3. Japan Rug Market Size and Forecast, by End User (2023-2030) 6.4.4. India 6.4.4.1. India Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.4.2. India Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.4.3. India Rug Market Size and Forecast, by End User (2023-2030) 6.4.5. Australia 6.4.5.1. Australia Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.5.2. Australia Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.5.3. Australia Rug Market Size and Forecast, by End User (2023-2030) 6.4.6. Indonesia 6.4.6.1. Indonesia Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.6.2. Indonesia Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.6.3. Indonesia Rug Market Size and Forecast, by End User (2023-2030) 6.4.7. Malaysia 6.4.7.1. Malaysia Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.7.2. Malaysia Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.7.3. Malaysia Rug Market Size and Forecast, by End User (2023-2030) 6.4.8. Vietnam 6.4.8.1. Vietnam Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.8.2. Vietnam Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.8.3. Vietnam Rug Market Size and Forecast, by End User (2023-2030) 6.4.9. Taiwan 6.4.9.1. Taiwan Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.9.2. Taiwan Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.9.3. Taiwan Rug Market Size and Forecast, by End User (2023-2030) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Rug Market Size and Forecast, by Product Type (2023-2030) 6.4.10.2. Rest of Asia Pacific Rug Market Size and Forecast, by Material Type (2023-2030) 6.4.10.3. Rest of Asia Pacific Rug Market Size and Forecast, by End User (2023-2030) 7. Middle East and Africa Rug Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Rug Market Size and Forecast, by Product Type (2023-2030) 7.2. Middle East and Africa Rug Market Size and Forecast, by Material Type (2023-2030) 7.3. Middle East and Africa Rug Market Size and Forecast, by End User (2023-2030) 7.4. Middle East and Africa Rug Market Size and Forecast, by Country (2023-2030) 7.4.1. South Africa 7.4.1.1. South Africa Rug Market Size and Forecast, by Product Type (2023-2030) 7.4.1.2. South Africa Rug Market Size and Forecast, by Material Type (2023-2030) 7.4.1.3. South Africa Rug Market Size and Forecast, by End User (2023-2030) 7.4.2. GCC 7.4.2.1. GCC Rug Market Size and Forecast, by Product Type (2023-2030) 7.4.2.2. GCC Rug Market Size and Forecast, by Material Type (2023-2030) 7.4.2.3. GCC Rug Market Size and Forecast, by End User (2023-2030) 7.4.3. Nigeria 7.4.3.1. Nigeria Rug Market Size and Forecast, by Product Type (2023-2030) 7.4.3.2. Nigeria Rug Market Size and Forecast, by Material Type (2023-2030) 7.4.3.3. Nigeria Rug Market Size and Forecast, by End User (2023-2030) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Rug Market Size and Forecast, by Product Type (2023-2030) 7.4.4.2. Rest of ME&A Rug Market Size and Forecast, by Material Type (2023-2030) 7.4.4.3. Rest of ME&A Rug Market Size and Forecast, by End User (2023-2030) 8. South America Rug Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Rug Market Size and Forecast, by Product Type (2023-2030) 8.2. South America Rug Market Size and Forecast, by Material Type (2023-2030) 8.3. South America Rug Market Size and Forecast, by End User(2023-2030) 8.4. South America Rug Market Size and Forecast, by Country (2023-2030) 8.4.1. Brazil 8.4.1.1. Brazil Rug Market Size and Forecast, by Product Type (2023-2030) 8.4.1.2. Brazil Rug Market Size and Forecast, by Material Type (2023-2030) 8.4.1.3. Brazil Rug Market Size and Forecast, by End User (2023-2030) 8.4.2. Argentina 8.4.2.1. Argentina Rug Market Size and Forecast, by Product Type (2023-2030) 8.4.2.2. Argentina Rug Market Size and Forecast, by Material Type (2023-2030) 8.4.2.3. Argentina Rug Market Size and Forecast, by End User (2023-2030) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Rug Market Size and Forecast, by Product Type (2023-2030) 8.4.3.2. Rest Of South America Rug Market Size and Forecast, by Material Type (2023-2030) 8.4.3.3. Rest Of South America Rug Market Size and Forecast, by End User (2023-2030) 9. Global Rug Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Rug Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Tai Ping Carpets International (china) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Mohawk Industries Inc. (U.S) 10.3. Lowe’s Companies Inc. ( U.S) 10.4. Tarkett Group (France) 10.5. Victoria Carpets Ltd. (U.S) 10.6. Shaw Industries Group Inc. (U.S) 10.7. Inter Ikea Systems B.V. (Netherlands) 10.8. Genie Carpet Manufacturers (India) 10.9. Beaulieu International Group (Belgium) 10.10. Oriental Weavers Company (Egypt) 11. Key Findings 12. Industry Recommendations 13. Rug Market: Research Methodology 14. Terms and Glossary
