Albany, NY (PRWEB) March 05, 2014
Carpet tiles, also known as carpet squares, form a significant portion of soft flooring industry. Carpet tiles are modular sections of carpet typically cut into squares or rectangles. Demand for carpet tiles is strongest in the corporate and institutional sectors. It is also gaining share in the retail market, healthcare and educational institutions. Given its properties like design flexibility, durability, functionality and ease of maintenance; carpet tiles are also becoming popular even in residential segment.
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North America is the largest carpet tile market with its sales driven by continued rebound of corporate office segment, as well as improvements in education and retail market segments. On the contrary, European carpet tile market remained sluggish due to economic slowdown with most of the demand coming from refurbishment projects. The Asian (including Japan) carpet tile market witnessed a robust growth in 2012 driven by factors like rising consumer spending on home renovation, accelerating investments on infrastructure, demand from markets like India, China, Korea and Indonesia.
Key issues in the industry include price volatility of raw materials, threat from substitutes and strict environmental regulations. Carpet tile industry is highly fragmented though there were M&A activities in 2012 (Tarkett acquired Tandus) by leading players to expand into new geographies. Interface is the market leader in global carpet tile industry followed by Shaw, Milliken, Toli, Mohawk, Desso and Tandus. The report analyzes the global carpet tile market, along with some of the major regional markets, including the US, the UK and Australia. The report discusses the major growth drivers and challenges of the industry. It also profiles the top players along with their business strategies.
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By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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Global Handbags Market Report - 2013 Edition
Premium handbags and accessories is one of the fastest growing segments in the overall luxury market. After declining in 2009 due to economic slowdown, the market grew in 2012 compared to previous year. This growth is being driven by rise in disposable income, expanding middle class, growing preference for branded products and rising number of wealthy consumers worldwide. Moreover, the handbag market encompasses dynamic players and an expanding consumer base, which is expected to flourish due to increasing demand from emerging markets and strong performances by the international luxury brands. Countries like China and India with rising high net worth individuals (HNWIs) and high purchasing power among working women will boost the market growth in future years. New channels like E-Commerce or online shopping have become popular mainly driven by consumers looking for good bargains. Categories such as top-handle bags, totes and cross-body bags remained popular.
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