Carpet Tiles Market to Reach $21.8 Billion, Globally, by 2032 at 6.4% CAGR: Allied Market Research [Yahoo! Finance]
SUMITOMO CORP S/ADR (SSUMY)
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Source: Yahoo! Finance
Wilmington, Delaware, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, Carpet Tiles Market by Type (Square, and Rectangle), and Application (Residential, Commercial, and Others) and Distribution Channel (Retail Store, and Online Store): Global Opportunity Analysis and Industry Forecast, 2024-2032" . According to the report, the carpet tiles market was valued at $12.6 Billion in 2023, and is estimated to reach $21.8 Billion by 2032, growing at a CAGR of 6.4% from 2024 to 2032. Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A06854 Prime determinants of growth The growth of the carpet tiles market is driven by several key factors. Increase in demand for flexible and modular flooring solutions in both commercial and residential spaces significantly boosts the popularity of carpet tiles. Their ease of installation and maintenance, along with the ability to replace individual tiles rather than entire
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