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Showing posts with label indian carpet suppliers. Show all posts
Showing posts with label indian carpet suppliers. Show all posts

Carpet Suppliers are all poised to Bounce Back

Carpet industry is counted amongst the oldest industries in India. Most of the experts credit the moguls for bringing this industry over here. Under their regime, carpet weaving flourished like a major trade and did not remain just another occupation, instead it acquired the status of an art. The quality of carpet produced used to depend mainly on the aesthetic touch of the weaver. After independence, carpet industry got some assistance from the government and slowly moved towards becoming an organised sector. Even now, the main hub of carpet weaving are mainly spread in northern India, like Bhadohi, Agra, Jaipur & Kashmir. Apart from it, Panipat has off late emerged as the main centre of carpet manufacturing , primarily due to its proximity to other home furnishings products.

Even though, these days the hand tufted carpets are in great demand, the other types of carpets which have a huge market across the globe include Hand-knotted Woollen Carpets, Pure Silk Carpets, Handmade Woollen Dhurries, Chainstich Rugs and woollen carpets. Needless to say each carpet has its own unique features and distinct usability.

Most of the carpets produced are exported to western countries. The consumption of these carpets within India isn't that high mainly because of the high cost involved and less awareness about cost-effective marketing and promotion strategies. As per the latest figures available the carpet exports from India is worth over Rs. 2600 crores whereas the domestic market size is about Rs. 200 crores.

The industry took a beating in the mid of recession however has bounced back admirably. Even though the hand knotted and hand tufted carpets rule the market demand, many big home furnishing companies have invested in this sector, keeping the long term view in mind. Most of the big names of the home furnishing sector involved in the same are Nourison, V. Heinrich, Theo Keller, Wissenbach, Abeth, Roubeni, Feizy, Capel, Obittee, Kalaty, IKEA and more.

Many carpet suppliers say that India made carpets will eventually edge out other competitors in the times to come mainly due to availability of talented and artistic skillet, low production costs, ability to innovate and flexibility to offer designs as per the client's requirement. The only issues which could halter its growth could be poor infrastructure, child labour issues and fierce competition from China.

Overall most of the Industry experts unanimously say that in the immediate future, Indian carpet market will see rapid expansion primary due to its current retail boom and growing purchasing power of its middle class.

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Carpet Suppliers all set for record profits!

Rapid commercialization has immensely benefited the carpet manufacturers across the globe. There has been a steady increase in the demand of carpets due to their enhanced role in the interior decoration of businesses and home establishments. Carpets suppliers are trying every trick in the book from using online marketing to highlighting the ergonomic features to capture new market segments in various locations.


A recent report confirms that the major players in the carpet industry include Pakistan, Afghanistan, India, China, England, France, Russia, the US and Persian countries. Emerging economies such as Asia-Pacific, Middle East and Latin America are also gaining leverage due to better resource management and cheap and abundant labour.


US is playing a pivotal role in the carpet industry worldwide. It recently imposed sanctions on Iran which has hampered their carpet exports significantly. It is estimated that the export of hand-woven carpets generates about $500 million annually for Iran’s economy, with 20 percent of the total earnings coming from the U.S. market. Carpet weaving is big business in Iran and one of the country’s biggest employers. Now that the sanctions have been placed it will hit their carpet industry hard though would give other countries a chance to fill in the gap.


On the other hand US is also making an attempt to boost the carpet industry of Pakistan (as a part of its good will gesture) by training the carpet artists, creating more jobs though more investment and other such measures. Other countries need not worry about this development as the Pakistan's economy is already in shambles and such steps are purely for survival and wouldn't empower them to become market leaders.


Experts believe as of now the carpet manufacturers are facing four main challenges . These are as follows


Availability of skilled workers and raw materials

Accessibility to capital

Understanding of conventional weaving patterns

Marketing concerns and competition among others


Worldwide, the US continues to enjoy its position as the largest market for the carpet suppliers and manufacturers. The region is trailed by Europe and Asia-Pacific at second and third positions respectively. Industry veterans say in terms of fastest growing region, Asia-Pacific, driven by India and China is positioned to take the lead through 2015.


Further reports confirm that Indian carpets exports have registered a growth of 24 percent in the first five months of this fiscal (2010-11) despite the slow economic recovery.


With the market being back on track and the rising demand with every quarter the only question remains - how much could the Indian carpets suppliers benefit? I think this is the time to execute the plans, the projections can take a back seat !


PS : Carpets suppliers get your online catalog today and make profits by tapping the business queries being generated across the globe on the web 24/7 . To know more , click on Carpet suppliers

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