Global Oriental Rug Market Growth 2023-2029

Global Oriental Rug Market Growth 2023-2029

The global Oriental Rug market size is projected to grow from US$ 1076.1 million in 2022 to US$ 1565.1 million in 2029; it is expected to grow at a CAGR of 5.5% from 2023 to 2029.

Oriental rugs have become highly popular for their beauty, craftsmanship, and cultural significance, which has increased their adoption. Interest in oriental carpets has revived in recent years and they are viewed as a work of art and are popular as investment pieces. Furthermore, growth in appreciation for handmade and traditional craftsmanship has increased the usage of oriental rugs.

LPI (LP Information)' newest research report, the “Oriental Rug Industry Forecast” looks at past sales and reviews total world Oriental Rug sales in 2022, providing a comprehensive analysis by region and market sector of projected Oriental Rug sales for 2023 through 2029. With Oriental Rug sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oriental Rug industry.

This Insight Report provides a comprehensive analysis of the global Oriental Rug landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oriental Rug portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Oriental Rug market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oriental Rug and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oriental Rug.

This report presents a comprehensive overview, market shares, and growth opportunities of Oriental Rug market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Handmade
Machine-made

Segmentation by application
Indoor
Outdoor

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Beaulieu lermationaln Group
Devgini Carpet PVT. LTD
Interface, Inc.
Miliken & Company
Mohawk Industries
Shaw Idusties Group ine.
Tai Ping Carpets lenetinal Ltd.
Tarkett Group
Victoria PLC
Yak Carpet PVT. LTD

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oriental Rug market?

What factors are driving Oriental Rug market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Oriental Rug market opportunities vary by end market size?

How does Oriental Rug break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.