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Europe Carpet Market Demand, Supply, Growth Factors, Latest Rising Trend & Forecast to 2025 | Grand View Research, Inc.

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Europe Carpet Market Demand, Supply, Growth Factors, Latest Rising Trend & Forecast to 2025 | Grand View Research, Inc.

September 06
15:24 2021
Europe Carpet Market Demand, Supply, Growth Factors, Latest Rising Trend & Forecast to 2025 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the growing application of the product in residential and non-residential sectors on account of its high market visibility for soft flooring products and good insulation properties, such as floor insulation, is projected to positively influence the growth.

The Europe carpet market size is projected to reach USD 63.7 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 3.0% over the forecast period. Rising expenditure on home improvement and residential floor replacement in developed markets of Germany and Spain is expected to fuel the demand for soft covering flooring material, particularly carpets.

Rising environmental concerns over greenhouse gas emissions have resulted in rising preferences for biodegradable and sustainable products. In January 2015, Niaga established a partnership with DSM for the development of carpet technology with 100% recycling and 95% energy reduction processes.

Demand for nylon exceeded 325.0 million square meters in 2018 and is expected to foresee significant gains owing to increased acceptance of polyamides for providing good wear properties. Over the past few years, companies including ROLS have increased their expenditure for incorporating nylon, along with wool and yarn, to manufacture tailored base product forms.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/europe-carpet-market-analysis

Europe Carpet Market Report Highlights

 In terms of volume, the market stood at 734.7 million square meters in 2018 and is expected to reach 889 million square meters by 2025. Growth of residential sector of Eastern European countries, including Russia and Turkey, on account of increasing spending by builders, is expected to promote the importance of flooring, including carpets

 Demand for woven carpets is expected to expand at a CAGR of 2.9% from 2019 to 2025. These products are expected to account for a significant chunk in the market on account of providing excellent mechanical strength

 The non-residential sector generated a demand of 283.4 million square meters in 2018 and is expected to witness growth in light of rising importance of carpet as good insulation material in retail outlets and commercial offices. However, high price and low durability of soft flooring materials as compared to ceramic as well as wood laminate material is expected to have a negative impact on the growth

 Spain is expected to expand at a CAGR of 2.9%, in terms of volume, from 2019 to 2025, on account of increasing housing sector output as a result of rising number of new housing permits in Greater Madrid

 The Europe carpet market is highly fragmented due to presence of a large number of manufacturers across the region. Regulatory support intended for promoting recycling of flooring materials in Europe is expected to result in shifting preference of manufacturers. Key industry participants include Agnella SA, Balta Group, Brintons, Creatuft NV, Associated Weavers International Group NV, Dekowe GmbH & Co.KG, Fletco, and Egetæpper A/S.           

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/europe-carpet-market-analysis/request/rs1

Europe Carpet Market Segmentation

Grand View Research has segmented the Europe carpet market on the basis of raw material, product, application, and country:

Europe Carpet Raw Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)

     Nylon
    Polyester
     Polypropylene
     Others

Europe Carpet Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)

     Woven
    Tufted
     Knotted
     Others

Europe Carpet Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)

     Residential
    Non-residential
     Others

Europe Carpet Country Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)

     Europe
        • Germany
        • U.K.
        • Spain
        • France
        • Rest of Europe (ROE)

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/2812/ibb

Browse More Related Report:

Carpet Cleaning Products Market Size, Share & Trends Analysis Report By Product (Spray, Liquid), By Application (Residential, Hotels & Restaurants), By Region, And Segment Forecasts, 2019 – 2025

About Grand View Research

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/europe-carpet-market-analysis

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