Reportlinker.com has declared the availability of a new report titled, "Global Carpet Tile Market: Emerging Markets Driving Growth," in its list of offerings. The report provides details on global carpet tile markets size, its segmentation, categorization of tiles and a general view.
The research reports on the regional tile markets of Asia Pacific, Europe and the US. The report also has included the profiles of key players and their market strategies.
The carpet tiles also called as carpet squares are standard carpeting sections that are normally cut into square shapes to provide ease of installation. The replaceable and recyclable type of carpet tiles are conveniently utilized in building renovations. The tiles sector witnessed an increased growth in recent years especially from the corporate office segment for the use as soft floor coverings due to a reduced level of broadloom usage. The report indicates growing demand for the tiles in the up coming markets such as Africa, Middle East, Eastern Europe, China and India.
According to the report, Asia-pacific (including Japan) and America occupies leading positions in the carpet tile market. During the period 2006-2009 the industry witnessed regular growth. In the US, the demand for carpet tiles in addition to corporate sector has witnessed growth in other sectors such as residential, healthcare, hospitality and retail. The commercial market, which includes retail, government, education, health care and corporate offices alone consumed nearly 90% of the sales in the period ending 2009. The stringent environmental acts make the entry of new entrepreneurs difficult in the US markets. Currently, the US market is served by Interface, Mohawk and Shaw.
The report finds that European markets experienced sluggish growth due to a slow down in the economy and construction activities. Presently, the UK leads the Carpet tiles market in Europe succeeded by France and Germany. The report anticipates that the recovering building markets and untapped regions such as the Scandinavian region and Germany will fuel the growth in the European segment in the ensuing years.
Source: http://www.reportlinker.com