Rapid Urbanization and Building Developments are driving India''s Decorative Rug Market till 2028
The market is growing
owing to the number of renovation & remodeling activities and consumers'
increasing interest in interior decoration during the forecast period 2023- 2028.
According to
TechSci Research report, India Decorative Rug
Market - By Region, Competition Forecast &
Opportunities, 2018-2028, the India decorative rug
market is anticipated to indicate vigorous growth during the forecast
period, 2023-2028. The India decorative rug market
is growing due to the strong and long-lasting durability of Indian rugs. The
fundamental purpose of carpets and rugs is to improve the structure of a space
by bringing luxury and cushioning. In the market, various rugs, including room,
living room, and office rugs, are popular. The industry is seeing a rise in the
popularity of carpets created from modern materials, including jute, hemp,
linen, and mixed materials. Consumers are becoming more concerned about carpets
and rugs created from garbage, recycled materials, used goods, and abandoned
products as environmental concerns grow.
Decorative rugs would have
the power to change a room's appearance radically and atmosphere, mainly if
they were bought from a maker specializing in handcrafted products. Rugs In
Style is a well-known brand in the handmade carpet market that provides a
variety of rug alternatives to decorate in a home while also benefiting the
quality of the air in a home.
In 2010, the organization
took its remarkable first steps as a trade company in a residential apartment
measuring around 800 square feet, setting the groundwork for the subsequent
adventure. The once business has developed into an entity that offers expertise
to over 65 nations worldwide and has its own infrastructure stretched across
180,000 square feet in Delhi-NCR and Panipat.
Browse
over xx Market Data Figures spread through 70 Pages and an in-depth TOC on " India
Decorative Rug Market"
The India Decorative Rug Market is segmented based on product,
material, distribution channel, and end user. Based on one product, the market
is divided into
hand-knotted, hand-tufted, machine-made, and
flatweave rugs. The market is segmented based on material: wool, nylon, cotton, polyester, and jute. Based on end-user, the market is segmented into
residential and non-residential. The market is divided into online and offline
based on the delivery channel.
Based on the end-use segment, the commercial end-use
market for decorative carpets is expected to grow at a high CAGR through 2028.
The expansion of the IT sector is expected to be fueled by a rise in corporate
headquarters buildings.
The market is
segmented by material: wool, nylon, cotton, polyester, and jute. The market for decorative carpets made of cotton is
expected to overgrow during the forecast period. Owing to its characteristics such
as softness, fiber strength, and character of keeping different colors,
consumers are favoring carpets made of cotton. Additionally, cotton-made rug
are eco-friendly and has good insulating qualities.
The jute rug market is predicted to develop somewhat
due to the material's accessibility, environmental friendliness, and
biodegradability. Jute is entirely eco-friendly and perfect for manufacturing
carpets since it can be readily turned into solid and long-lasting fibers from
natural sources.
Based on product,
the market is divided into hand-knotted rugs, hand-tufted
rugs, machine-made rugs, and flatweave rugs. Hand-Knotted rugs are leading the
segment because hand-knotted carpets are created on a unique type of loom using
individual knots. Hand-knotting carpets is a very old craft that is really
deserving of respect. The rug's size determines the size of the loom, and
weaving is done from bottom to top.
Machine-made carpets have an advantage over
hand-knotted rugs owing to their speedy manufacturing and low cost. These
carpets are knit by factories that are electrified and computer automated.
These carpets may be swiftly created from various materials, including wool and
synthetic fibers such as nylon, polypropylene, polyester, acrylic, and art
silk.
Key market
players in the India decorative rug market include:
- Maa Collections
- Jaipur Rugs
- The Rug Republic
- Kaleen India
- Saraswati Global
- Yak Carpet
- Mat Living
- Dhurrie Store
- Villedomo
- Saif Carpets Pvt. Ltd.
Download
Sample Report
Customers can also request for 10% free
customization on this report.
“Urbanization, increasing construction
activities, growing middle-class families, the requirement for homes with a high
demand of furniture, variations in lifestyle, and growing costs for interior
design and cabinets are the main factors driving the need for carpets and rugs
in India. The main element behind expanding the nation's rug industry is the
preference for artistic and attractive rugs over carpet flooring.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“India
Decorative Rug Market By Product (Hand-knotted Rugs, Hand-tufted Rugs,
Machine-made Rugs, Flatweave Rugs), By Material (Wool, Nylon, Cotton,
Polyester, Jute), By Distribution Channel (Online, Offline), By End-Use
(Residential, Non-Residential), By Region, Competition Forecast and
Opportunities, 2028”, has
evaluated the future growth potential of India decorative rug market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers make sound investment decisions. Besides the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India decorative rug market.
Contact
Mr. Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017S
Tel:
+1-646-360-1656
Email:
[email protected]
Web:
https://www.techsciresearch.com