Carpet And Rug Market Overview in the USA
In value terms, carpet and rug production amounted to $ in 2018. In general, carpet and rug production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when production volume increased by % y-o-y. In that year, carpet and rug production attained its peak level of $. From 2016 to 2018, carpet and rug production growth failed to regain its momentum.
The revenue of the carpet and rug market in the U.S. amounted to $ in 2018, going up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the market value increased by % year-to-year. Carpet and rug consumption peaked in 2018 and is expected to retain its growth in the immediate term.