Home Market Spotlight Commercial Carpet Market Size to Grow by USD 155.77 million, Berkshire Hathaway Inc. and Engineered Floors LLC Among Key Vendors

Commercial Carpet Market Size to Grow by USD 155.77 million, Berkshire Hathaway Inc. and Engineered Floors LLC Among Key Vendors

by WOOWinvest
0 comment
Commercial Carpet Market Size to Grow by USD 155.77 million, Berkshire Hathaway Inc. and Engineered Floors LLC Among Key Vendors


NEW YORK, August 19, 2022 /PRNewswire/ — The commercial carpet market size is expected to grow by USD 155.77 mn from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 2.7% during the forecast period. The growing non-residential building construction projects are driving the commercial carpet market growth. However, factors such as the easy availability of substitutes may challenge market growth.

Attractive Opportunities in Commercial Carpet Market by Product and Geography – Forecast and Analysis 2022-2026

The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Request Latest FREE PDF sample report

Commercial Carpet Market 2022-2026: Scope

The commercial carpet market report covers the following areas:

Commercial Carpet Market 2022-2026: Vendor Analysis

Armstrong Flooring Inc., Balta Group NV, Beaulieu International Group, Berkshire Hathaway Inc., Burmatex Ltd., Ege Carpets AS, Engineered Floors LLC, Forbo Holding AG, Headlam Group Plc, Heckmondwike FB Ltd., Interface Inc., Koch Industries Inc ., Mannington Mills Inc., Milliken and Co., Mohawk Industries Inc., Newhey Carpets Ltd., Remland Carpets Online Ltd., Tarkett Group, Thomas Witter Carpets Ltd., Toli Floor Corp., and Victoria Plc are among some of the major market participants. The key offerings of a few of these vendors are listed below:

Berkshire Hathaway Inc. – The company offers commercial carpet products such as commercial carpet tiles and broadloom tiles.

Engineered Floors LLC – The company offers commercial carpet product brands such as WOOD LUX, NEW STANDARD PLUS, and NO LIMITS III.

Forbo Holding AG – The company offers commercial carpet products such as tufted (Tessera), flocked (Flotex), and Needlefelt carpet tiles.

Interface Inc. – The company offers commercial carpet product brands such as NY+LON Streets, Simple Abstraction, and Visual Code.

Mannington Mills Inc. – The company offers commercial carpet products such as modular carpet and broadloom tiles.

Story continues

This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now to gain access to exclusive information about vendors

Commercial Carpet Market 2022-2026: Drivers and Challenges

The growing non-residential building construction projects are driving the growth of the market. The urban population is growing rapidly, which is expected to fuel the demand for new commercial buildings during the forecast period. North America is a major producer and consumer of commercial carpets, with education, public, retail, hospitality, and government buildings being key end-users. Commercial construction projects are rising at a high growth rate in APAC. Such factors will support the commercial carpet market growth during the forecast period.

The easy availability of substitutes is challenging the growth of the market. There is a wide range of flooring materials, such as ceramic, cork, laminate, linoleum, wood, stone, and vinyl, in the global commercial flooring market. Commercial builders in APAC prefer ceramics and other hardwood flooring materials. Moreover, manufacturers of flooring materials provide offerings that are differentiated in terms of price, weight, and colors. These factors will hamper the commercial carpet market growth during the forecast period.

Commercial Carpet Market 2022-2026: Segmentation

Commercial Carpet Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026

Detailed information on factors that will assist commercial carpet market growth during the next five years

Estimation of the commercial carpet market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the commercial carpet market

Analysis of the market’s competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of commercial carpet market vendors

Related Reports

Global Safes and Vaults Market by Product, End-user, and Geography – Forecast and Analysis 2022-2026

Flame Detectors Market by Product and Geography – Forecast and Analysis 2022-2026

Commercial Carpet Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.7%

Market growth 2022-2026

USD 155.77 million

Market structure

Fragmented

YoY growth (%)

2.54

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 44%

Key consumer countries

US, United Arab Emirates, China, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Armstrong Flooring Inc., Balta Group NV, Beaulieu International Group, Berkshire Hathaway Inc., Burmatex Ltd., Ege Carpets AS, Engineered Floors LLC, Forbo Holding AG, Headlam Group Plc, Heckmondwike FB Ltd., Interface Inc., Koch Industries Inc ., Mannington Mills Inc., Milliken and Co., Mohawk Industries Inc., Newhey Carpets Ltd., Remland Carpets Online Ltd., Tarkett Group, Thomas Witter Carpets Ltd., Toli Floor Corp., and Victoria Plc

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get customized segments.

Browse Industrials Market Reports

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Cision

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/commercial-carpet-market-size-to-grow-by-usd-155-77-million-berkshire-hathaway-inc-and -engineered-floors-llc-among-key-vendors—technavio-301607625.html

SOURCE Technavio

You may also like

Leave a Comment

Our Mission is to help you make better trading decisions by providing actionable investing content, comprehensive tools, educational resources and assist you in making more money in the stock market.

Latest News

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2022 – All Right Reserved. Designed and Developed by WOOW Invest

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy