The Buyer-Seller Meet & Seminar was organized jointly by the Bombay Textile research Association (BTRA) and the Regional Office of the Textile Commissioner, Navi Mumbai.
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Demand for carpets and rugs in the US is projected to advance 4.5 per cent annually to 14.6 billion square feet in 2019, valued at $16.2 billion. Growth will be spurred by rebounding building construction expenditures and continuing consumer interest in replacement and remodeling projects, such as the removal of worn or out-of-style carpets & rugs.
Demand for coated fabrics in the US is projected to advance 3.2 percent per year to 680 million square yards in 2018, an acceleration from sluggish gains posted between 2008 and 2013.