- The key vendors in the Global Area Rugs Market 2015-2019 are Balta Group, Milliken & Company, Mohawk Industries, Nourison Industries, Oriental Weavers, Shaw Industries and The Dixie Group.
London, 20 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Area Rugs Market 2015-2019. One major trend upcoming in this market is the high penetration of organized retailing in many developing countries. This in turn has led to the increased availability of various types of area rug. The Global Area Rugs market is expected to grow at a moderate CAGR of 3.65 percent in terms of revenue and 2.57 percent in terms of volume during the period 2014-2019.
“The rising consumer income levels, evolving lifestyles, increased media penetration, and adoption of different cultures has further resulted in the growing inclination of consumers toward interior designing and, thus, unique designer area rugs,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
