The industry has been adversely impacted by the declining residential and commercial construction sectors. Although building is expected to pick up, the industry will remain at its mercy. Firms that take the initiative to develop new and innovative products, merge with or acquire other firms, improve production processes, enhance supply links, introduce expanded product mixes and develop export and niche markets will be in a strong position to achieve solid growth in the future.
The Carpet Mills industry manufactures and finishes carpets and rugs for the domestic, commercial and industrial sectors. These products are generally woven or tufted and made from nylon or other synthetic materials. Although the purchaser uses most carpets and rugs, some of the industry's products are used as intermediate inputs, such as in automobiles and boats.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.