According to recent market research, the global textile flooring market is set for significant expansion, and is projected to grow from £7.4 billion currently to £11.3 billion by 2030.
Consumers are increasingly concerned about sustainability, and aesthetics, and as such textile flooring is becoming ever more popular, as it is durable, versatile, and eco friendly.
Textile flooring includes carpet tiles, rugs, and oven carpets produced from textile materials.
There are of course market challenges that could present headwinds, and these include global supply chain problems, strict environmental regulations, and the global economy not performing as hoped.