The market is growing owing to the number of renovation & remodeling activities and consumers’ increasing interest in interior decoration during the forecast period 2023- 2028.
According to TechSci Research report, India Decorative Rug Market – By Region, Competition Forecast & Opportunities, 2018-2028, the India decorative rug market is anticipated to indicate vigorous growth during the forecast period, 2023-2028. The India decorative rug market is growing due to the strong and long-lasting durability of Indian rugs. The fundamental purpose of carpets and rugs is to improve the structure of a space by bringing luxury and cushioning. In the market, various rugs, including room, living room, and office rugs, are popular. The industry is seeing a rise in the popularity of carpets created from modern materials, including jute, hemp, linen, and mixed materials. Consumers are becoming more concerned about carpets and rugs created from garbage, recycled materials, used goods, and abandoned products as environmental concerns grow.
Decorative rugs would have the power to change a room’s appearance radically and atmosphere, mainly if they were bought from a maker specializing in handcrafted products. Rugs In Style is a well-known brand in the handmade carpet market that provides a variety of rug alternatives to decorate in a home while also benefiting the quality of the air in a home.
In 2010, the organization took its remarkable first steps as a trade company in a residential apartment measuring around 800 square feet, setting the groundwork for the subsequent adventure. The once business has developed into an entity that offers expertise to over 65 nations worldwide and has its own infrastructure stretched across 180,000 square feet in Delhi-NCR and Panipat.
Browse over xx Market Data Figures spread through 70 Pages and an in-depth TOC on “India Decorative Rug Market“
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The India Decorative Rug Market is segmented based on product, material, distribution channel, and end user. Based on one product, the market is divided into hand-knotted, hand-tufted, machine-made, and flatweave rugs. The market is segmented based on material: wool, nylon, cotton, polyester, and jute. Based on end-user, the market is segmented into residential and non-residential. The market is divided into online and offline based on the delivery channel.
Based on the end-use segment, the commercial end-use market for decorative carpets is expected to grow at a high CAGR through 2028. The expansion of the IT sector is expected to be fueled by a rise in corporate headquarters buildings.
The market is segmented by material: wool, nylon, cotton, polyester, and jute. The market for decorative carpets made of cotton is expected to overgrow during the forecast period. Owing to its characteristics such as softness, fiber strength, and character of keeping different colors, consumers are favoring carpets made of cotton. Additionally, cotton-made rug are eco-friendly and has good insulating qualities.
The jute rug market is predicted to develop somewhat due to the material’s accessibility, environmental friendliness, and biodegradability. Jute is entirely eco-friendly and perfect for manufacturing carpets since it can be readily turned into solid and long-lasting fibers from natural sources.
Based on product, the market is divided into hand-knotted rugs, hand-tufted rugs, machine-made rugs, and flatweave rugs. Hand-Knotted rugs are leading the segment because hand-knotted carpets are created on a unique type of loom using individual knots. Hand-knotting carpets is a very old craft that is really deserving of respect. The rug’s size determines the size of the loom, and weaving is done from bottom to top.
Machine-made carpets have an advantage over hand-knotted rugs owing to their speedy manufacturing and low cost. These carpets are knit by factories that are electrified and computer automated. These carpets may be swiftly created from various materials, including wool and synthetic fibers such as nylon, polypropylene, polyester, acrylic, and art silk.
Key market players in the India decorative rug market include:
- Maa Collections
- Jaipur Rugs
- The Rug Republic
- Kaleen India
- Saraswati Global
- Yak Carpet
- Mat Living
- Dhurrie Store
- Villedomo
- Saif Carpets Pvt. Ltd.
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“Urbanization, increasing construction activities, growing middle-class families, the requirement for homes with a high demand of furniture, variations in lifestyle, and growing costs for interior design and cabinets are the main factors driving the need for carpets and rugs in India. The main element behind expanding the nation’s rug industry is the preference for artistic and attractive rugs over carpet flooring.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Decorative Rug Market By Product (Hand-knotted Rugs, Hand-tufted Rugs, Machine-made Rugs, Flatweave Rugs), By Material (Wool, Nylon, Cotton, Polyester, Jute), By Distribution Channel (Online, Offline), By End-Use (Residential, Non-Residential), By Region, Competition Forecast and Opportunities, 2028”, has evaluated the future growth potential of India decorative rug market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers make sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India decorative rug market.
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