The Carpet and Rug Manufacturing industry has a strong tradition in the United Kingdom. However, the industry has suffered regular declines over the past decade because of weak demand and factory closures. The majority of carpet produced these days is made using synthetic material, although the industry is still a major user of domestically produced wool and wool carpets are becoming more popular. In the five years through 2014-15, industry revenue is expected to increase at a compound annual rate of 1.5%, settling at £945.2 million. This is partially because of the sharp fall in revenue in 2009-10, leaving the base year at a low level.
Firms in this industry manufacture carpets, carpet tiles, mats and rugs by weaving or tufting wool, cotton and man-made fibres. The industry also manufactures underlay and other carpet products.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.