Europe carpet market is expected to reach USD 60.31billion by 2022, according to a new report by Grand View Research, Inc. Rising expenditure towards home improvement and residential floor replacement in developed markets of Germany and Spain is expected to fuel the demand for soft covering flooring material, particularly, carpet. Rising environmental concerns over green house gas emissions has resulted in a shifting preference towards the development of biodegradable and sustainable products. In January 2015, Niaga established partnership with DSM for the development of carpet technology with 100% recycling and 95% energy reduction processes.
http://www.grandviewresearch.com/industry-analysis/europe-carpet-market-analysis
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