San Jose, California (PRWEB) September 05, 2013
Follow us on LinkedIn – Over the next 5 weeks, GIA will complete an extensive secondary and primary research program involving some of the industry’s leading players and experts. The study will examine key drivers and trends impacting the market such as recovering housing and construction industry in the United States, rise in home renovation/improvement projects, growing focus on eco-homebuilding and energy savings, increasing demand for eco-friendly, natural, recycled and VOC-free carpets, and growing preference for modular carpet solutions in commercial buildings in Asia.
Over the years, the role of carpets in interior decoration of business establishments and residential houses increased significantly. Apart from the aesthetic appeal, wall-to-wall carpets offer superior sound attenuation and heat insulation properties while enhancing comfort as compared to bare flooring. Continuously rising energy prices is helping spur greater awareness over the energy savings offered by carpeted floors especially in countries with colder climates. Carpets in this regard offer high thermal resistance when compared to engineered hardwood, laminate or ceramic tile. Technology developments in material science that help enhance the insulation properties of carpet fibers are therefore expected to benefit the market in the coming years. A promising development currently underway is nanotechnology-based molecular carpet weaving. Also expected to witness strong demand are eco-friendly carpets made from natural, biodegradable renewable fibers like sisal, seagrass, coir, organic cotton, jute, organic wool and bamboo.
Synthetic carpets, particularly those made from fibers derived from polyester, polypropylene and nylon, dominate the global carpets market in terms of sales. Although currently taking the lion’s share of the market, nylon is expected to continue to lose sheen due to growing demand for polyester carpets against the backdrop of rising prices of nylon carpets. Owing to relative ease in installation and maintenance, modular carpet tiles are poised to gain popularity particularly in the commercial end-use sector encompassing retail, hospitality, healthcare and corporate environments.
The study estimates Carpets (Wall-to-Wall) to be a multi-million dollar market worldwide, while more precise market-size and growth projections for a 14-year period will be made available during the 2nd stage of report update, and data analysis.
The research and analyses will be released in the next 5 weeks in the form of a comprehensively updated research report. The report by design, will attempt to provide exhaustive analysis, data, trends, market share, market size, statistics, forecasts and competitive intelligence. The report is modelled to offer precise and unbiased, actionable market insights including in-depth segmentation of market sub-sectors, demand estimates and projections and analysis of trends in each of the sectors, identification of leading players, and the competitive structure, among others.
Developed for Manufacturers, Vendors, Strategic Planners, Business Development Executives, Management Consultants, Investment Bankers, Consulting Firms, Marketing & Sales Executives, C-Level Decision Makers, Market Strategists and Technology Domain Experts, the report helps identify the biggest opportunities in this space and offers accurate latent demand forecasting that empowers quantitative decision making among existing market players and new entrants.
For more details about how you can participate, please click here.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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