Global Carpet Tiles Market Size To Worth USD 23.32 Billion By 2033 l CAGR Of 6.37%

Global Carpet Tiles Market Size To Worth USD 23.32 Billion By 2033

According to a research report published by Spherical Insights & Consulting, the Global Carpet Tiles Market Size is to Grow from USD 12.57 Billion in 2023 to USD 23.32 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 6.37% during the projected period.

Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/5713

Browse key industry insights spread across 208 pages with 110 Market data tables and figures & charts from the report on the "Global Carpet Tiles Market Size, Share, and COVID-19 Impact Analysis, By Type (Square, Rectangle, and Others), By Application (Residential, Commercial, and Others), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."

Carpet tiles, frequently referred to as carpet squares or modular carpets, are separate carpeting pieces that range in size from 12 by 12 inches to 24 by 24 inches. They are typically measured in squares. These tiles are affixed to the floor surface using adhesive or tackifier, they are easy to install and modify. The carpet tile industry provides a wide range of designs, colors, patterns, and materials to suit various practical requirements and aesthetic preferences in both home and business environments. Carpet tiles are a common flooring option for reasonably straightforward work and commercial spaces like restaurants and bars. The variety of colors, patterns, textures, and materials available for carpet tiles creates endless possibilities for design. Owing to its versatility, flooring is frequently used by architects, designers, and homeowners to create distinctive, eye-catching designs that complement their personal aesthetic and interior decor. Moreover, because carpet tiles are modular, they are easy to install when used in complex designs. However, most of flooring options have their advantages and design options, they could impact consumer choices and restrict the market potential growth in the forecast period for carpet tiles.

The square segment is anticipated to hold the greatest share of the global carpet tiles market during the projected timeframe.   

Based on type, the global carpet tiles market is divided into square, rectangle, and others. Among these, the square segment is anticipated to hold the greatest share of the global carpet tiles market during the projected timeframe. The square market is the outcome of the increasing availability of unique square carpet tiles in various colors and patterns.    

The commercial segment is predicted to hold the greatest share of the global carpet tiles market during the estimated period.

Based on application, the global carpet tiles market is divided into residential, commercial, and others.  Among these, the commercial segment is predicted to hold the greatest share of the global carpet tiles market during the estimated period. The global commercial sector creates a large amount of demand for carpet tiles due to the growing need for durable and simple-to-install commercial flooring materials.    

The offline segment is anticipated to hold the greatest share of the global carpet tiles market during the projected timeframe.   

Based on distribution channel, the global carpet tiles market is divided into online and offline. Among these, the offline segment is anticipated to hold a significant share of the global carpet tiles market during the projected timeframe.  Due to customers often prefer a hands-on shopping experience when selecting different carpet tiles in various colors and designs for household or business end-users, offline distribution channels are becoming more and more popular.   

Buy Now Full Report: https://www.sphericalinsights.com/checkout/5713

North America is expected to hold the largest share of the global carpet tiles market over the forecast period.

North America is expected to hold the largest share of the global carpet tiles market over the forecast period. North America's rapidly expanding infrastructure and rising construction activity are the main factors driving product adoption. There is a growing demand for carpet tiles in the North American market as a result of the real estate sector upgrades in the United States and Canada. Carpet tile market growth is mostly being driven by American consumers' increased interest in interior décor.

Asia Pacific is predicted to grow at the fastest pace in the global carpet tiles market during the projected timeframe. The primary drivers of the region's improvement are the population's rising disposable income and their burgeoning interest in fashionable products.

Europe is expected to hold a significant share of the global carpet tiles market over the forecast period. The European carpet tile market is supported by an increase in research and development activities within the carpet tile sector. Manufacturers in Europe are increasingly using eco-friendly materials to set their products apart from the competition.

Major vendors in the global carpet tiles market include Interface Inc., Freudenberg Group, Milliken & Company, Tarkett, Hunan Tianxin Technology Co. Ltd., Beaulieu, Suminoe Textile Co. Ltd., Nabel Ceramics, EO Technology Co. Ltd., Shaw Industries Group, Japan Carpet Co. Ltd., Mohawk Industries, Abbey Carpet & Floor, Bentley Mills Inc., and Others.

Recent Developments

• In July 2024, an exclusive multimedia event was organized in Dubai to celebrate the Middle East launch of Interface Inc.'s latest collections of luxury vinyl tiles (LVT) and carpet tiles, Etched & ThreadedTM and Earthen FormsTM, by the global leader in flooring solutions and sustainability.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global carpet tiles market based on the below-mentioned segments:

Global Carpet Tiles Market, By Type 

• Square
• Rectangle
• Others

Global Carpet Tiles Market, By Application

• Residential
• Commercial
• Others

Global Carpet Tiles Market, By Distribution Channel

• Online
• Offline

Global Carpet Tiles Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter

Browse Related Reports:

Global Motorized Decoiler Machine Market Size, Share, and COVID-19 Impact Analysis, By Motor Power (Less than 10 kW, 10-50 kW, 50-100 kW, and Over 100 kW), By Coil Capacity (Up to 500 mm, 500-1000 mm, 1000-1500 mm, and Over 1500 mm), By Application (Metal Stamping, Automotive Industry, Construction, Electrical Industries, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Global Motorized Pulley Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Drum Motor, Gear Motor, Electrical Motor, and Pneumatic Motor), By Drive Type (AC Motor, DC Motor, Stepper Motor, and Servo Motor), By Application (Mining, Construction, Logistics, Manufacturing, and Agricultural), By End-Use Industry (Food & Beverage, Textile, Automotive, Chemicals, and Pharmaceuticals), By Sales Channel (Direct Sales, Distributors, Online Sales, and Retail), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Global Mud Motor Market Size, Share, and COVID-19 Impact Analysis, By Type (Positive Displacement and Turbine), By Diameter (<100mm, 100mm - 200mm, and >200mm), By Applications (Drilling and Vertical), By End-User (Oil and Natural Gas, Boating and Fishing, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Global Non-Licensed Sports Merchandise Market Size, Share, and COVID-19 Impact Analysis, By Type (Apparel, Footwear, Accessories, Sports Equipment, Other Merchandise), By Distribution Channel (Online Retailers, Specialty Stores, Supermarkets/Hypermarkets, Department Stores, Direct Sales), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.