Europe Area Rugs Market Drivers, Opportunities, Trends, and Forecasts by 2028

The Europe Area Rugs Market is expected to grow from US$ 2,777.04 million in 2023 to US$ 3,442.56 million by 2028. It is estimated to grow at a CAGR of 4.4% from 2023 to 2028.    

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The List of Companies - Europe Area Rugs Market

  1. Amer Rugs Inc                                             
  2. Faze Three Ltd                                               
  3. Golden Carpets Ltd                                      
  4. Nodi Handmade Rugs Ltd                         
  5. Riviere Rugs Ltd                                            
  6. Riztex USA Inc 

Rising Popularity of Area Rugs in Interior Design Drives Growth in the Europe Area Rugs Market

Growing Demand for Aesthetic and Functional Home Décor

The increasing urbanization, rising disposable incomes, and evolving lifestyle preferences of consumers have led to greater investment in home décor and furnishings, particularly in area rugs. As a key element in interior design, area rugs enhance a space’s aesthetic appeal while offering practical benefits such as floor protection, noise reduction, insulation, and comfort.

Area rugs effortlessly transform interiors by bringing together decorative elements, complementing furniture, and brightening rooms. With modern advancements, contemporary area rugs feature prints, graphics, and intricate designs, making them versatile décor pieces. In addition to homes, area rugs are widely used in hotels, commercial buildings, and office spaces, further fueling market demand.

The growing trend of home renovation and remodeling has also contributed to the increasing adoption of area rugs. Moreover, hotel and commercial interior designs extensively incorporate area rugs to create stylish and inviting spaces. As a result, the demand for area rugs continues to rise across Europe.

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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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