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Carpets and wall covering

Carpets and wall covering

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Carpet & Wall Coverings Industry Outlook
 

The carpet and rugs industry is divided into two primary markets, residential and commercial. In 2006, the residential market made up about three-fourths of the total industry amounts shipped and the commercial market comprised approximately one fourth of the total industry shipments. Residential replacement demand is also increasing and approximately half of the industry shipments are made in response to residential replacement demand. U.S., Belgium, and Turkey are the world leaders in machine-made rugs and leading carpet markets.

Nowadays modular carpet demand is continuously increasing and has significantly outpaced the growth of the overall industry. Recycling of carpets has become one of the key factors driving demand. The growing nonresidential construction market is also pushing the carpet demand.

In 2003, 80 percent of the world's carpet was manufactured within 50 miles of Dalton, Georgia. Carpet mills specialize in producing carpet backing, as well as carpets and rugs. In 2001 the value of shipments totaled $12.1 billion, up slightly from $12 billion in 2000. The industry posted gains each year since 1991 and has been dominated by sales of tufted rugs and carpets, which accounted for 92 percent of the industry's revenues. Woven carpet and rugs totaled just 4 percent. All other varieties (primarily needle punch) totaled 6 percent.

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