Demographics Of Rug Buyers

1 this number is down more than 50 from the peak year of 1979 see the chart when 25 million people 14 1 of the population.

Demographics of rug buyers.

Citapore rugs made in khairabad and neighbouring areas are all hand woven and distinct from tufted and knotted rugs. Geography of apartment residents gives an overview of the distribution of apartment residents across the 50 states as well as the population and number of apartment residents in some of the largest metro areas in the u s. Some kerman rugs were woven explicitly for monied buyers from the west some for local consumers with very different tastes. Damask rose is the most popular motif in kerman rug.

Asia pacific is leading the global home décor market owing to the high demand from residential buyers. This company would likely target an audience that has a higher income. In 2021 over 2 14 billion people worldwide are expected to buy goods and services online up from 1. This represents 6 7 percent of the population 12 years and older.

While carpet rugs comprise 54 8 of the overall flooring market that compares to 67 7 in 2008 a full 13 market share points lost in that span. The development of new hard surface flooring products such as luxury vinyl tile or lvt has led to greater market competition and carpet sales have sagged as a result. Flat weave is the basic weaving technique of citapore rugs and generally cotton is the main weaving material here but jute rayon and chenille are also popular. In addition upsurge in urban population and development of the real estate industry in emerging economies have fostered the sales of home decor products thereby fueling the growth of the global market.

See the data. Carpets rugs can be both machine made and handmade. Ikea and agocha have been major buyers of rugs from this area. This timeline displays a forecast of the number of digital buyers worldwide from 2014 to 2021.

In value terms carpet and rug demand is expected to increase 4 1 per year to 45 billion in 2021. A simple example of b2c demographic segmentation could be a vehicle manufacturer that sells a luxury car brand ex. Because of the tremendous demand for rugs produced in kerman and the complex demographics of this demand a surprising variety of styles and designs were produced. The cumulative effect of losing ground to hard surfaces is fairly stunning.

Global demand for carpets and rugs will grow 2 6 per year through 2021 to 5 0 billion square meters.