IndexBox has just released a new report “U.S. Carpet And Rug Market – Analysis And Forecast to 2025“.
According to the report, the value of carpet and rug production in the U.S. amounted to $9.3B in 2016, going down by -3.8% against the previous year level. Overall, the U.S. carpet and rug output pursued a pronounced decline from 2007 to 2016. The total output figures decreased at an average annual rate of -2.8%. The trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most pronounced growth was recorded in 2011, when the value of production increased by +12% against the previous year level. Over the period under review, the output figure with regard to carpet and rug in the United States attained its maximum level of $11.7B in 2008. Afterwards, the growth in terms of the carpet and rug production failed to regain its strength through to 2016.
Carpet and rugs, tufted constituted the major product category in the U.S. carpet and rug manufacturing, with a share in total output standing near 86% in 2016. Carpet and rugs, woven, made or finished at this plant lagged far behing, accounting for only the 8% share. The other related products together comprised approx. 6% of the total output. From 2008 to 2016, the value of shipments of carpet and rugs, tufted fell at an average annual rate of -3.5%. By contrast, the output of carpet and rugs, woven, made or finished at this plant expanded by an average +9.3% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. carpet and rug industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the carpet and rug industry. The report provides a forecast of the expected changes in the carpet and rug market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the carpet and rug trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Carpet and rugs, woven, made or finished at this plant; Carpet and rugs, tufted; Other carpet, rugs, and mats; Carpet and rug mills, nsk, total.
Companies mentioned:
Shaw Industries, Mohawk Industries, Bentley Mills, J & J Industries, Tandus Centiva, Interface, Tdg Operations, Mountville Mills, Royalty Carpet Mills, Syntec Industries, The Dixie Group, Oriental Weavers U.S.A., Lexmark Carpet Mills, Garland Sales, Apache Mills, Rieter Automotive North America, Engineered Floors, Interfaceflor, Mohawk Carpet, Beaulieu of America, Maples Industries, Aladdin Manufacturing Corporation, Tandus Group, Beaulieu Group, Mohawk Carpet Distribution, General Felt Industries, Interface Americas, Bari Home Corporation.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
– International official statistical agencies
– Governmental statistical agencies
– Official trade statistics
– Paid trade databases
– Industrial associations
– Company reports
– Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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