Global Modular Carpet Tiles Market Growth 2019-2024

Research By Markets adds Market Research Report - Global Modular Carpet Tiles Market Growth 2019-2024

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Carpet tile, also known as carpet squares or modular carpet, provides flexibility with style, design, and performance. It is also extremely versatile and durable, making it the perfect choice for commercial locations.

Modular carpet tile allows building owners and others to make more precise decisions about how to effectively cover floors while wasting the least amount of resources. Too many landlords, commercial building managers, and others in charge of properties end up dealing with the same old flooring choices. Modular carpet tiles bring innovation into the process of renovating flooring over a period of years, and keeping both commercial and residential buildings looking good.

Demand for Modular Carpet Tiles has fallen alongside new construction and renovation projects in the wake of the 2008 global financial crisis. However, as the economy and consumer confidence are expected to recover across key markets, demand for broadloom and carpet tiles is also expected to increase.
The United Kingdom, the largest European Modular Carpet Tiles market, has shown positive growth in the last few years as part of Europe’s recent economic recovery. By volume, the United Kingdom and Ireland accounted for 42% of the European modular carpet tiles market in 2018. The volume of renovation projects, the main driver behind the residential carpeting market, is expected to remain relatively flat in Europe in the next few years.

According to this study, over the next five years the Modular Carpet Tiles market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Modular Carpet Tiles business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Modular Carpet Tiles market by product type, application, key manufacturers and key regions and countries.

This study considers the Modular Carpet Tiles value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Flexible Modular Carpet Tiles
Rigid Modular Carpet Tiles
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential Use
Commercial Use

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Desso (Tarkett Company)
Balta Group
Shaw Contract (Berkshire Hathaway)
Forbo Tessera
Mohawk Group
J+J Flooring Group (Engineered Floors)
Mannington Mills

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Modular Carpet Tiles consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Modular Carpet Tiles market by identifying its various subsegments.
Focuses on the key global Modular Carpet Tiles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Modular Carpet Tiles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Modular Carpet Tiles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via *Market Research News is a part of Research By Markets.