Area Rugs Market 2021 Size, Growth and Trend Analysis Research Report February 2017

ReportsnReports. com adds new research report Global Area Rugs Market 2017-2021. This report covers the present scenario and the growth prospects of the global area rugs market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of area rugs to individual consumers across the globe in 2016.
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The following companies are the key players in the global area rugs market: Balta Industries, Milliken & Company, Mohawk Industries, Shaw Industries, and The Dixie Group.
Other Prominent Vendors in the market are: Abraham Moheban & Sons, BRINTONS AGNELLA, Amar Carpets, Amer Rugs, Bukhara Carpets, Capel Incorporated, Harounian Rugs International, Nourison Industries, ORIENTAL WEAVERS, STEPEVI, The Natural Carpet Company, and United Weavers of America.
Global Area Rugs Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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The latest trend gaining momentum in the Area Rugs market is meeting power demand through nobleed concept. In a traditional commercial jet, the environmental control system and wing ice protection system use the hot air generated from the engine to energize the systems. On an MEA platform, this bleed air is superfluous because the systems are electrically powered. Since MEA models generate more electric power demand as compared to traditional designs, the implementation of no-bleed systems is practical.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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According to the report, one driver in market is consumer shift toward interior design. Consumers worldwide have started paying greater attention to and investing more time in decorating their homes with the best interiors they can afford. This includes spending on unique designer home furnishings such as carpets, rugs, curtains, cushion covers, beds, and other floor coverings, adding to the aesthetic appeal. The rising consumer income levels, evolving lifestyles, increased media penetration, and adoption of different cultures have further resulted in the growing interest of consumers toward interior decoration of their houses.
Further, the report states that one challenge in market is tightening credit and rising inflation. The interior products manufacturing industry in many countries have faced various challenges in the past few years. The industry derives a significant part of its revenues from the sales of carpets and rugs, which has been one of the most adversely impacted product segments.
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