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The commercial carpet market size is forecast to increase by USD 191.1 million at a CAGR of 3.27% between 2024 and 2028. The market is experiencing significant growth, driven primarily by the increasing construction of non-residential buildings. This trend is fueled by the demand for high-quality flooring solutions in offices, hospitals, schools, and other commercial establishments. Another emerging trend in the market is the development of luminous carpets, which offer energy efficiency and aesthetic appeal. However, the market faces challenges from the easy availability of substitutes, such as hard flooring and resilient flooring. These alternatives offer similar functionality and lower maintenance costs, making them attractive options for commercial clients. Despite these challenges, the market is expected to continue growing due to its unique benefits, including comfort, durability, and design flexibility.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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