Carpet Yarn Market Opportunities, Statergy, key players and forecast 2027

[manisha kashid]

Carpet yarn growth is expected to be aided by increased demand from textile businesses to create carpets for various sectors and commercial areas such as showrooms, offices, and restaurants. Consumers are increasingly choosing eco-friendly or sustainable carpets made from organic, recycled, and bio-sourced materials to reduce their environmental impact, which is driving up demand for sustainable yarns like bio-based yarn from carpet manufacturers. As a result, the global demand for carpet yarn is expected to increase.

Carpet Yarn Market Report Scope and Research Methodology

The report is the guide for the organizations for the strategic planning, which includes Carpet Yarn market supply, trends, share and recent developments. The report assists in the analysis of the key players, price and revenue as well as Carpet Yarn Market industry sales channels, distributors, dealers and traders, company strengths, weaknesses, research findings, conclusion, data source and appendix.

The report covers key players in the Carpet Yarn industry including company profiles, Revenue, Price, product specifications, product capacity and sales and gross margin sales with in-depth examination of Carpet Yarn market’s competitive landscape with definite data on vendors. SWOT analysis was used to provide the strengths and weaknesses of the Carpet Yarn key players in the industry while the bottom-up approach used to estimate the regional and global Carpet Yarn market size.

Carpet Yarn Market Report Overview:

The research is based on forecasts from major organizations as well as Carpet Yarn Market statistics. The report on the Carpet Yarn Market enlightens about the growth variables, current market share, technological developments, applications, and regional penetrations by 2029.

Carpet Yarn Market Size was valued at US$ 16.61 Billion in 2021, It is estimated that the Market is to grow at a CAGR of 5.14% over the forecast period.

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Carpet Yarn Market Regional Analysis:

The Carpet Yarn Market report consists of an analysis of all the regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The current state and the forecast of the regional Carpet Yarn market is provided in the report in terms of market size, share, and volume.

Carpet Yarn Market Segmentation:

Carpet Yarn Market is classified into three end-users: residential use, industrial use, and other use. In comparison to the residential segment, the industrial segment is expected to command a larger revenue share in the carpet yarn market. Carpets are manufactured by textile companies for use in industrial settings, commercial spaces, and the automobile industry. Carpet yarn is in high demand due to rising commercial building demand and industrialization trends. As a result, industrial demand for carpet yarn is increasing, and these trends are expected to continue throughout the forecast period.

Carpet Yarn Market is divided into two distribution channels: direct sales channel and indirect sales channel. Direct sales are expected to dominate the carpet yarn industry, with indirect sales growing at an exponential rate. Carpet yarn is typically purchased directly from the manufacturer to avoid the fees imposed by the distribution partner. Indirect sales, on the other hand, are rapidly increasing, and this trend is expected to continue during the forecast period.

Carpet Yarn Market Key Players:
Aquafil S.p.A. (Italy)
Swicofil AG (Switzerland)
Canan Textile (Turkey)
Spin Group (U.S.)
HYOSUNG ADVANCED MATERIALS (South Korea)
Shaw Industries Group, Inc (U.S.)
BONAR YARNS & FABRICS LTD. (U.K.)
Bikaner Woolen Mills Private Limited (India)
National Spinning Company (U.S.)
CLC Industries Ltd (India)
Kingbird (U.K.)
Meridian Specialty Yarn Group (U.S.)
Geetanjali Woollens Pvt. Ltd. (India)
Gulsan Holding (Turkey)

Key Questions answered in the Carpet Yarn Market Report are:

• What is Carpet Yarn Market?
• What are the Carpet Yarn market segments?
• Which segment of the Carpet Yarn market is expected to grow at a high rate during the forecast period?
• What is the expected CAGR of the Carpet Yarn market during the forecast period?
• Which factor is expected to create growth opportunities for the Carpet Yarn Market?
• What factors are affecting the Carpet Yarn market growth?
• Which regional Carpet Yarn market is expected to grow at a high rate during the forecast period?
• What key trends are expected to emerge in the Carpet Yarn market during the forecast?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation- A detailed analysis of each segment and their sub-segments
• Competitive Landscape - Leading key players and other prominent key players.

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About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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