Aircraft Carpets Market Report Overview
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global aircraft carpets market size was USD 136.8 Million in 2021 and market is projected to touch 180.77 Million by 2031, exhibiting a CAGR of 2.8% during the forecast period.
Due to growing air travel and private jet ownership, there has been an increase in the need for interior design for both commercial and private aircraft, premium charters, and corporate jets in recent years. The demand for numerous materials, including aircraft carpets, chairs, cushions, dinnerware, lights, and insulations, is influenced by the architectural spaces of airplanes. Specifically created for different kinds of airplanes, carpeting is a floor covering consisting of wool, nylon, combination fibers, or other textile materials. Airplane flooring enhances aesthetics while also reducing noise and dampening sound.
As a result of steady economic expansion, increasing disposable revenue, and strong buying power, there has been an increase in both national and global air travel, which may support the worldwide aircraft carpet industry over the forecasted period. Materials such as wool, nylon, and combinations are used to make several types of carpet. The growing popularity of the air transport industry and the requirement to assure traveler security and comfort, the demand for airplane carpeting has been rising significantly on a global scale recently.
COVID-19 Impact: Government Limitations Imposed on International Flights had a Detrimental Effect on the Market
The COVID-19 epidemic significantly changed the state of the aviation industry and had a detrimental effect on the market expansion for the carpets. Government limitations on both international and domestic flights as well as a decline in passenger numbers destroyed the aircraft market's economy. The execution of efforts to stop the virus's transmission only made things worse and had an adverse effect on the development of various economic sectors. The amount of commercial passenger flights has been significantly impacted by the major fall in a number of industrial sectors. The demand for a number of aircraft materials, including cushions, carpets, and seat upholstery, decreased as a result. Also, the lack of labor and decreased operational activity had a severe impact on the market for aircraft carpets.
Latest Trends
"Increasing Demand for Lightweight Carpets in the Aviation Industry to Minimize Carbon Emissions"
The most recent development in the market for aircraft carpets was the rise in interest in eco-friendly and lightweight carpets. Producers are reacting to demands from the aviation sector to decrease its carbon emissions by creating carpets composed of recycled resources that are far more lightweight than conventional carpets. Recycled fibers, bio-based polymers, and organic compounds such as cotton and wool are some of these materials.
Aircraft Carpets Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into 100% Nylon Carpet, 100% Wool Carpet and Mix Carpet
- By Application Analysis
Based on application, the market can be divided into Commercial Aircraft and Private Aircraft
Driving Factors
"Growing Emphasis on Traveler Comfort and Safety is Driving the Carpets Industry"
The growing focus on traveler security and convenience is a key aspect driving the market for aviation carpets. When traveling by air, passengers need a high degree of comfort, and the carpets in the aircraft are essential to provide that. They lower sound levels within the airplane and give users a padded platform to tread on. Additionally, as safety requirements tighten, carpets with cutting-edge safety mechanisms including anti-static coatings and fire resistant coverings are growing in popularity.
"Use of Cutting-Edge Technology in the Production of Complicated and Bespoke Designs"
Another element propelling the aircraft carpets market growth is the employment of cutting-edge innovations in the production process. To produce more complex and personalized designs for aviation rugs, computer-aided manufacturing (CAM) and computer-aided design (CAD) are being used, leading to quicker turnaround times and higher accuracy. The development of strong, lightweight carpets that satisfy the exacting security and safety standards of the aircraft sector is also made possible by advances in materials science and engineering.
Restraining Factors
"Disruptions Caused by the Pandemic and Need for Constant Upkeep of the Carpets is Hindering the Industry"
The coronavirus outbreak in 2020 caused the aviation industry to be shut down. Airlines failed to pay their operational cost due to their exceedingly low sources of revenue. As a consequence, aviation experienced huge losses throughout the world. Moreover, compared to wool aircraft carpets, nylon carpets tend to be dirtier and more stain-prone. Hence, the complete maintenance guide that comes with nylon carpets must be replaced in order to keep them tidy. During the course of the projected period, this is expected to constrain the market's expansion.
Aircraft Carpets Market Regional Insights
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"Rising Frequency of Passenger Airlines in the Area are Driving the Regional Market"
Most players in the market for aviation carpets are concentrated in Asia Pacific, where new product growth and creative thinking are prioritized. There are several prospects for the market for carpets to expand in the Asia Pacific region. The area has emerged as one of the major markets for the use of aviation flooring. Many charter jet providers are present in the Asia Pacific region, including Deer Jet Co. Ltd., Executive Jets Asia Pte Ltd, and Australian Corporate Jet Centers,. The aircraft carpets market share is projected to grow as the frequency of passenger airlines gradually rises and the market for private flights increases. The key sectors of the economy in the area are always striving to increase their footprint there.
Key Industry Players
"Key Players Focus on Acquisitions and Investments in R&D to Gain a Competitive Advantage"
Due to the market's fragmentation and end-user opportunity, more competition is anticipated throughout the projected period. So, the firms are primarily concentrating on enhancing their market positions in already established markets in developed parts of the world, through the acquisition of local players' business assets and the development of unique technologies for the carpet market. In a bid to boost the market share of producers, the industry is characterized by joint venture expansion, acquisitions and mergers, and extensive distribution. Businesses have made significant investments in R&D projects in order to manufacture the goods, creating changing market conditions.
List of Market Players Profiled
- Mohawk (U.S.)
- Desso (The Netherlands)
- Botany Weaving (Ireland)
- BACC (China)
- Lantal Textiles (Switzerland)
- Haima Carpet (China)
- CAP Carpet (U.S.)
- BIC Carpets (Belgium)
Report Coverage
This report covers the aircraft carpets market. The CAGR expected to be in during the forecast period, and also the USD value in 2021 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 136.8 Million in 2021 |
Market Size Value By |
US$ 180.77 Million by 2031 |
Growth Rate |
CAGR of 2.8% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global aircraft carpets market expected to touch by 2031?
The global aircraft carpets market is expected to touch USD 180.77 Million by 2031.
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What CAGR is the aircraft carpets market expected to exhibit during 2021-2031?
The aircraft carpets market is expected to exhibit a CAGR of 2.8% over 2021-2031.
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Which are the driving factors of the aircraft carpets market?
Growing emphasis on traveler comfort and safety is driving the carpets Industry and use of cutting-edge technology in the production of complicated and bespoke designs are the driving factors of the aircraft carpets market.
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Which are the top companies operating in the aircraft carpets market?
Mohawk, Haeco, Desso, Botany Weaving and BACC are the top companies operating in the aircraft carpets market.