Albany, New York, November 8, 2016: Market Research Hub has announced a new research report to its database, titled “Global Carpet Tile Market (by Segment & Region): Industry Analysis & Outlook (2016-2020)”. The report presents a comprehensive evaluation of the historical statistics, current market scenario along with future outlook of the global carpet tile market.
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The report provides a detailed overview of the carpet tile market with its description, classification and application. Carpet tiles have actually been around for over 50 years and are also known as carpet squares. They were originally used to cover the floors of high traffic areas in place like airports, hospitals, and offices and the demand for carpet tiles is strongest in corporate and institutional sectors. Now, it has become very demanding all over the world also for the residential segments. These tiles gives the room a whole new look without damaging the flooring below. Carpet tiles can be a refreshing variation from other types of flooring. The report discusses the major growth drivers and challenges of the market covers the key regions such as, America, Europe and Asia Pacific regions along with the global market. Due to its increasing demand, Interior designers, makeover programs and interior magazines are now presenting carpet tiles as a new design trend.
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Further, the segmentation of the carpet tile and flooring market have also been discussed. According to the report, the market is segmented by Regions, types and applications. Some major market trends and developments describes that continuous growing flooring tiles for home improvement projects is accelerating the demand for flooring in the U.S. LVT, Engineered wood, ceramics and hardwood flooring are counted among the top growing segments in the U.S. This will affect the growth of the carpet tile market. It can be hindered by declining market share of soft flooring in the U.S. along with threat of occupational and health hazards in carpet tile manufacture.
The report offers qualitative and quantitative understandings into the market dynamics and competitive landscape of the global carpet tile market. Some of the key companies of the carpet tiles market are mentioned in the report, such as
• Interface, Inc.
• Mohawk Industries Inc.
• Armstrong World Industries, Inc.
It profiles key manufacturers based on information including- market share, business strategies and overviews, sales, and contact information. The companies are investing largely in the research and development of long lasting and more innovative designs of tiles in order to boost their sales.
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