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Carpet tile, also known as carpet squares or modular carpet, provides flexibility with style, design, and performance. It is also extremely versatile and durable, making it the perfect choice for commercial locations.
Market Analysis and Insights: Global Carpet Tiles Market
Due to the COVID-19 pandemic, the global Carpet Tiles market size is estimated to be worth US$ 3751.8 million in 2022 and is forecast to a readjusted size of US$ 4719.9 million by 2028 with a CAGR of 3.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Flexible Type accounting for % of the Carpet Tiles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential Use segment is altered to an % CAGR throughout this forecast period.
North America is the largest producer of carpet tile, and it also leads to global consumption, accounting for around 43% of total volume. The United Kingdom, the largest European Carpet Tiles market, has shown positive growth in the last few years as part of Europe’s recent economic recovery. By volume, the United Kingdom and Ireland accounted for about 42% of the European Carpet Tiles market in 2019. The volume of renovation projects, the main driver behind the residential carpeting market, is expected to remain relatively flat in Europe in the next few years.
The market for Carpet Tiles is relatively concentrated, the major players including Interface, Desso (Tarkett Company), Balta Group, Milliken, Shaw Contract (Berkshire Hathaway), Anker, Forbo Tessera, Mohawk Group, Balsan, Burmatex, Tapibel, Beaulieu, Paragon, J+J Flooring Group, Mannington Mills and so on. The top 5 players, namely Interface, Shaw Contract (Berkshire Hathaway), Milliken, Mohawk Group and Desso (Tarkett Company), account for more than around 52% of global market share in value.
Carpet tiles have flexible type and rigid type.
And it can be applied to residential and commercial use.
Global Carpet Tiles Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Carpet Tiles Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Flexible Type
Rigid Type
Segment by Application
Residential Use
Commercial Use
By Company
Interface
Desso (Tarkett Company)
Balta Group
Milliken
Shaw Contract (Berkshire Hathaway)
Anker
Forbo Tessera
Mohawk Group
Balsan
Burmatex
Tapibel
Beaulieu
Paragon
J+J Flooring Group
Mannington Mills
Production by Region
North America
Europe
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Carpet Tiles Market
Due to the COVID-19 pandemic, the global Carpet Tiles market size is estimated to be worth US$ 3751.8 million in 2022 and is forecast to a readjusted size of US$ 4719.9 million by 2028 with a CAGR of 3.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Flexible Type accounting for % of the Carpet Tiles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential Use segment is altered to an % CAGR throughout this forecast period.
North America is the largest producer of carpet tile, and it also leads to global consumption, accounting for around 43% of total volume. The United Kingdom, the largest European Carpet Tiles market, has shown positive growth in the last few years as part of Europe’s recent economic recovery. By volume, the United Kingdom and Ireland accounted for about 42% of the European Carpet Tiles market in 2019. The volume of renovation projects, the main driver behind the residential carpeting market, is expected to remain relatively flat in Europe in the next few years.
The market for Carpet Tiles is relatively concentrated, the major players including Interface, Desso (Tarkett Company), Balta Group, Milliken, Shaw Contract (Berkshire Hathaway), Anker, Forbo Tessera, Mohawk Group, Balsan, Burmatex, Tapibel, Beaulieu, Paragon, J+J Flooring Group, Mannington Mills and so on. The top 5 players, namely Interface, Shaw Contract (Berkshire Hathaway), Milliken, Mohawk Group and Desso (Tarkett Company), account for more than around 52% of global market share in value.
Carpet tiles have flexible type and rigid type.
And it can be applied to residential and commercial use.
Global Carpet Tiles Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Carpet Tiles Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Flexible Type
Rigid Type
Segment by Application
Residential Use
Commercial Use
By Company
Interface
Desso (Tarkett Company)
Balta Group
Milliken
Shaw Contract (Berkshire Hathaway)
Anker
Forbo Tessera
Mohawk Group
Balsan
Burmatex
Tapibel
Beaulieu
Paragon
J+J Flooring Group
Mannington Mills
Production by Region
North America
Europe
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
