BIO-BASED CARPET MARKET ANALYSIS - PowerPoint PPT Presentation

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BIO-BASED CARPET MARKET ANALYSIS

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A carpet is a textile floor covering. The carpets are of two form bio-based and synthetic carpets. Bio-based carpets are the floor coverings made from natural materials such as seagrass, sisal, and jute. These carpets are widely used for interior design. These bio-based carpets act as a substitute for the synthetic carpets and are eco-friendly. – PowerPoint PPT presentation

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Title: BIO-BASED CARPET MARKET ANALYSIS


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
BIO-BASED CARPET MARKET ANALYSIS
  • Bio-based Carpet Market, by Material Type
    (Seagrass, Sisal, Jute, Coir, Silk, and Wool), by
    Application (Residential and Commercial), by
    Distribution Channel (Supermarkets
    Hypermarkets, Specialty Stores, Online Channels,
    and Others), and by Region (North America, Latin
    America, Europe, Asia Pacific, Middle East, and
    Africa) - Size, Share, Outlook, and Opportunity
    Analysis, 2019 - 2027

3
  • A carpet is a textile floor covering. The carpets
    are of two form bio-based and synthetic carpets.
    Bio-based carpets are the floor coverings made
    from natural materials such as seagrass, sisal,
    and jute. These carpets are widely used for
    interior design. These bio-based carpets act as a
    substitute for the synthetic carpets and are
    eco-friendly. They translate well into area rugs,
    stair, and hallway runners. These are un-dyed,
    unprocessed carpets.
  • Market Dynamics
  • The global bio-based carpet market has witnessed
    significant growth in the recent past, owing to
    the increasing awareness about chemical-free,
    ecological protection, and natural material
    carpet among consumers. This is expected to fuel
    demand for the bio-based carpet, globally over
    the forecast period.
  • Furthermore, manufacturers of carpets are
    shifting towards bio-based carpet, owing to
    increasing consumer preference for eco-friendly
    products. Moreover, on the basis of application,
    residential segment is expected to drive the
    global bio-based carpet market growth during the
    forecast period, owing to the rising adoption of
    bio-based carpet in residential interior design
    from consumers.

4
  • Moreover, increasing usage of natural fiber in
    the carpet instead of the synthetic fibers by the
    manufacturers of carpet is expected to propel
    demand for the bio-based carpet during the
    forecast period. This is due to the natural
    fibers that are sustainable and easily available
    in the nature. However, high cost of the
    bio-based carpet is expected to hamper growth of
    the bio-based carpet market.
  • On the basis of the material type, the global
    bio-based carpet market is segmented into silk,
    seagrass, sisal, wool, and coir. Among these
    segments, silk and wool is expected to drive
    growth of the global bio-based carpet market,
    owing to easy availability, coupled with the
    consumer preference, across the globe. Moreover,
    bio-based carpets are easily available in the
    supermarkets hypermarkets, among other
    distribution channels. This, in turn, is expected
    to fuel growth of the bio-based carpets market
    over the forecast period.
  • Among regions, Asia Pacific is expected to
    account for significant market share in the
    global bio-based carpet market over the forecast
    period, owing to growing carpet industry in
    countries such as China and India. For instance,
    according to the India Brand Equity Foundation,
    2018, the India exported US 1.47 billion
    bio-based carpets in the year 2018.

5
  • Key Players
  • Key players operating in the global bio-based
    carpet market include Ruckstuhl, Stanton Carpet,
    Antrim Carpet, Curran Floor, Venetian Blinds,
    Fibre Flooring, Natural Area Rugs, Earth Weave,
    Kapoor Handloom Industries, and Nodi Rugs.
  • Market Taxonomy
  • On the basis of material type, the global
    bio-based carpet market is segmented into
  • Seagrass
  • Sisal
  • Jute
  • Coir
  • Silk
  • Wool
  • On the basis of application, the global bio-based
    carpet market is segmented into
  • Residential
  • Commercial
  • On the basis of distribution channel, the global
    bio-based carpet market is segmented into
  • Supermarkets Hypermarkets
  • Specialty Stores
  • Online Channels
  • Others

6
On the basis of region, the global bio-based
carpet market is segmented into North
America U.S. Canada Latin America Brazil Mexico Ar
gentina Rest of Latin America Europe U.K. Germany
Italy France Spain Russia Rest of Europe
7
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • Australia
  • Rest of Asia Pacific
  • Middle East
  • GCC
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • Northern Africa
  • Central Africa

8
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  • Referencehttps//www.coherentmarketinsights.com/o
    ngoing-insight/bio-based-carpet-market-3746

9
About Us
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11
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