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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the carpets and rugs market and it is poised to grow by USD 18.98 billion during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19 Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the carpets and rugs market. The market growth in 2020 is likely to increase compared to the market growth in 2019. Frequently Asked Questions- Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Berkshire Hathaway Inc., Inter IKEA Group, Interface Inc., Milliken & Co., Mohawk Industries Inc., Oriental Weavers Carpets Co., Tai Ping Carpets International Ltd., Tarkett Group, The Dixie Group Inc., and Victoria Plc. are some of the major market participants. The growing consumer preference for interior designs will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this carpets and rugs market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Carpets and Rugs Market 2020-2024: Segmentation Carpets and Rugs Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40678 Carpets and Rugs Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The carpets and rugs market report covers the following areas: This study identifies rising demand for eco-friendly carpets and rugs as one of the prime reasons driving the carpets and rugs market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Carpets and Rugs Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by End-user Customer landscape Geographic Landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Answer: Carpets and Rugs Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2020 - 2024 | Technavio