Textile Flooring Market analysis
Textile Flooring Market: A Comprehensive View in 2023 Take a comprehensive look at the Textile Flooring Market in 2023. Positioned as a dynamic segment within the broader floor covering industry, textile flooring stands out for its versatility and aesthetic appeal. From carpets to rugs, these fabric-based materials are finding applications in both residential and commercial spaces. Recognized for its integral role in interior design, textile flooring is increasingly valued for its comfort, durability, and its potential to uplift the overall ambiance of various spaces. Market Size and Growth Trends The global textile flooring market is forecast to expand at a CAGR of 5.6% and thereby increase from a value of US$9.7 Billion in 2023, to US$14.3 Billion by the end of 2030. The growing emphasis on interior aesthetics, the surge in construction activities, and the increasing preference for sustainable and recyclable flooring materials are key drivers of market expansion. Key Trends S