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.
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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.
Taking forward its commitment to the Indian market, IKEA, the global home furnishings leader, has announced a new initiative – ´Make More in India´, which is aimed at potential suppliers and toexpandIKEAG´s supplier base as well as the categories of home furnishing products sourced in India.
According to a new report published by Transparency Market Research Polyester fibre (Solid and Hollow) market for carpet & rugs, nonwoven fabrics, fibrefill
Welspun India Ltd (WIL), part of the $ 3 billion Welspun Group has announced Q1-FY15 results, showing strong growth in revenue and profitability in comparison to the corresponding period last year.