TechnoMark News

 The  rugs market   is expected to reach value of ~ US$ 30 Bn  by  2027 . The global rugs market was valued at  US$ 18.6 Bn  in  2018  and is expected to expand at a CAGR of  5.5%  from  2019  to  2027.  The market is expanding significantly in terms of value. North America is the largest rugs market and expected to maintain its dominance over the forecast period  2019  to  2027 . Transforming living standards of the masses coupled with rise in number of people opting for a separate living has resulted in propulsion of the rugs market. Retailers such as IKEA, H&M Home, and Home Depot are pioneers in this field and are known for their huge stores with customer centric products. These retailers have their sourcing and design offices in Asian countries for faster development of products. Such innovative approaches can boost market growth in the coming years. Get PDF brochure for Industrial Insig...

  The  rugs market   is expected to reach value of ~ US$ 30 Bn  by  2027 . The global rugs market was valued at  US$ 18.6 Bn  in  2018  and is expected to expand at a CAGR of  5.5%  from  2019  to  2027.  The market is expanding significantly in terms of value. North America is the largest rugs market and expected to maintain its dominance over the forecast period  2019  to  2027 . Transforming living standards of the masses coupled with rise in number of people opting for a separate living has resulted in propulsion of the rugs market. Retailers such as IKEA, H&M Home, and Home Depot are pioneers in this field and are known for their huge stores with customer centric products. These retailers have their sourcing and design offices in Asian countries for faster development of products. Such innovative approaches can boost market growth in the coming years. Get PDF brochure for Industrial Insigh...