CARPET INDUSTRY IN INDIA SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)
Carpets and Rugs Market Analysis:
Carpets and rugs are extensively utilized as decorative flooring products in both residential and commercial settings throughout India. The demand for these products is primarily driven by urbanization, escalating construction, rapid expansion of the middle-class population, demand for well-appointed furniture houses, lifestyle changes, and increased expenditure on home furnishings and interiors. Notably, the demand for ornamental and decorative rugs is the primary driver of growth in the Indian market, rather than carpet flooring.
The burgeoning construction industry is another significant factor propelling the growth of carpets and rugs in both residential and non-residential sectors. These products are primarily viewed as materials that enhance the structure of a space by providing comfort, warmth, and cushioning. The market prefers various types of rugs, including bedroom rugs, living room rugs, shag rugs, office rugs, wool rugs, braided rugs, and other flooring rugs. Additionally, carpets made from new fibers such as jute, linen, hemp, and blended materials using advanced technologies are gaining popularity in the market.
As environmental concerns continue to mount, consumers are increasingly interested in carpets and rugs made from recycled raw materials, waste, and discarded products.
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