Carpet Exchange: Soft Heritage for Sale!

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Carpet Exchange: Soft Heritage for Sale!

In 1887, the French artist "Leon Jerome" painted his famous painting " The Carpet Seller in Cairo ", which was inspired by one of his many trips to North Africa and the Arab region. This wonderful painting depicted a scene from the usual daily life in Egypt. The French painter was fascinated, like other orientalists, by all aspects that represent the history of eastern civilization, and the conditions and customs of people. Among them is the carpet market, which was considered as the carpet exchange in Cairo, one of its main stops on its journey, especially that market located in the alleys of old Cairo full of archaeological sites and historical features dating back thousands of years.

The painting, which was painted on a piece of canvas with oil colors, reflected; In itself, a distinctive artistic creation, as if it quoted some of the beauty and accuracy of the art of carpet making. We notice this in the details of the painting, which clearly describes the main piece of carpet displayed, as if you were standing by yourself in the market, watching its exquisite decorations and the momentum of its elegant, harmonious colors.

Cairo was not the only incubator of what we could call a carpet stock exchange, but the Moroccan city of Fez was also known for the trade and circulation of carpets as a commodity of unique value, and this city has lived since the thirteenth century AD a golden age as the most important city producing carpets in the country, and dozens of dyeing workers were employed by it. Thousands of embroidery centers were based in Fez.

The early adoption of the Moroccan carpet industry did not come out of nowhere, but rather was a natural product of the distinctive climate in which this region lives. For example, weavers make thick carpets with a heavy pile to be useful for heating when snow covers the Atlas Mountains in the north, but in hot desert areas. The workers make sure to weave the carpets flat and light, in order to provide a soft and gentle floor covering at the same time.

Until now, the carpet exchange in Fez is still very popular with the people of the country and tourists alike. This demand reflects the extent to which the ancient Moroccan carpets made by the women of the Moroccan tribes are popular with their hands in their spare time. It is very popular today due to its diverse motifs and flexible designs that fit nicely with modern and bohemian decor as well.

This was a quick glimpse into the past on two of the most important carpet markets in the region, which embodied one of the most prominent forms of the carpet exchange in the past, so what about now? Below we offer a reading of the most important conditions of the carpet exchange at the present time.

Contents

  • Read on the global carpet market landscape by 2026
  • A closer look at the carpet market in the Kingdom
  • What are the most prominent carpet producing countries in the global market?
  • New trends in the carpet exchange
  •  

    Read on the global carpet market landscape by 2026

    The carpet exchange is full of wide ranges of colors and designs of pieces, most of which are made of wool, polyester, nylon, polypropylene or other synthetic fibers.

    Carpets currently provide higher levels of comfort compared to carpets in the past, and new technologies in manufacturing that aim to increase durability and improve aesthetics alike have led to an increase in demand, for example the “tufted” manufacturing technology that makes carpets last longer and have stronger stain resistance, As well as the heavy use of nylon because of its flexibility and resistance to abrasion.

    There are other factors that have led to an increase in demand in the carpet exchange, such as the demand for purchases from the commercial sector such as companies and retail stores, in addition to the increase in the popularity of carpet tiles , the increase in demand for the purchase of luxury carpets, as well as the continuous growth in the construction movement worldwide.

    The main purpose of laying carpets in the house is heating and improving the aesthetic appearance of the interior decoration in addition to sound insulation, and despite the growing interest in floors with hard surfaces such as parquet, marble and ceramics, carpet sales were not negatively affected in general as we will see, because the carpet in itself It is a tool to enhance the appearance of hard surface floors, accentuate their beauty and bring an overall balance to the look of a room.

    As for future expectations for the demand for carpets, analyzes indicate that the size of the global carpet market will reach $38 billion by 2026, at a compound annual growth rate of 3%. The figures showed that the residential sector will lead the carpet market with a contribution of $24 billion during the same period. .

    The explanation for this is the emergence of a strong trend towards home renovation in addition to the construction movement that does not stop and results in thousands of new residential buildings that need to be furnished.

    The main noticeable trend in the carpet exchange is the dominance of North America on the market as the largest market for carpets around the world, especially in light of its cold climate most months of the year, and commercial demand from companies and institutions for carpets leads to a heavy import movement from various emerging markets, supported by the recent development. In rapid industrialization techniques, along with other factors driving the demand for carpets such as the growth of the middle-class population.

    A closer look at the carpet market in the Kingdom

    The situation in the Saudi carpet market is no different from its counterpart in the global market, as it is expected that the carpet exchange in the Kingdom will witness a growth during the next few years of 1% annually, and the Kingdom exports carpets to more than 70 countries and produces between 120: 130 million square meters of carpets. Carpet per year, consumption rate of nearly 70 million square meters.

    Carpets are mainly used for their benefits in floor smoothing and protection as well as for their cosmetic properties. The market is expected to grow to a large extent for several reasons that fuel the demand for carpets, the most important of which are:

    • The growing interest in interior decoration products, the modern lifestyle, and the keenness to live in a comfortable home with a beautiful design.
    • Consumer tastes are constantly changing in line with fashion trends in interior furniture.
    • Higher levels of consumer income.
    • Increased spending on carpet renewal, as many carpets are exposed to high levels of wear and tear and eventually need to be replaced after several years of use.
    • Active building and construction movement, whether in new areas or on existing buildings.

    The residential sector contributes the lion's share to the increase in the demand for carpets in the Kingdom, especially if we know that the official figures issued by the Ministry of Housing indicate that nearly 3 million homes must be built by 2025 in order to solve the housing shortage problem in the country. There is no doubt that increased investment in the residential construction sector in particular will lead to rapid growth of the carpet market.

    The carpet exchange in the Kingdom is characterized by a large coherence, as there is a group of large players from carpet producers, in addition to increasing competition from local and international small and medium companies trying to obtain market share by innovating new products.

    What are the most prominent carpet producing countries in the global market?

    Talking about the global carpet market would not be complete without getting to know the most important countries that produce carpets in the world. For some countries such as Turkey, Iran and Pakistan, carpets are not just a local product that contributes a significant share to the national economy, but rather an integral part of the national heritage and a civilized facade that tells the culture of a people and the history of a nation.

    Our list will not focus on machine-made carpet countries such as China and the United States, which focus on mass manufacturing at the expense of unique design and authenticity. Rather, we will highlight the best spots in the world that produce handmade carpets that inspire carpet manufacturers all over the world with their originality and uniqueness. The following is a list of the top 5 countries where we produce handmade carpets:

    1. Iran

    Since the Middle Ages, Iran has been a center for the production of handmade carpets, and it is still a major exporter of carpets to the world. The Persian carpets are of the highest quality among the various other types of handmade carpets, and they are distinguished by their small intricate shapes and the most wonderful natural colors of all.

    1. India

    The market for handmade carpets in India has recently grown as a tradition carried over from the Middle East and Iran. The Indian market produces a large amount of handmade carpets that are exported to many parts of the world. It is distinguished by its reasonable prices that suit the budget of the middle class. However, it does not have the same durability as handmade carpets produced from the Middle East.

    1. Pakistan

    Pakistani weavers belong to nomadic tribes or to ancestors who immigrated from India and Iran, and this affected the quality of Pakistani carpets, which are characterized by tribal and Persian designs in the first place. Pakistani carpets can be made to order, and they carry an ideal mixture of the elements of popularity in terms of reasonable price, antique design and high quality.

    1. Turkey

    Turkey produces handmade carpets that enjoy wide international fame, as a result of a unique style that blends the cultural influences of neighboring civilizations from Asia, Europe and North Africa. Turkish carpets are famous for their durability, elegant designs and soft texture.

    1. Kazakhstan

    It is a country that many may not know about its reputation in the handmade carpet market, but it is well known by true carpet lovers. Given the volume of production, Kazakhstan is not a major producer of handmade carpets, yet it produces one of the most distinctive types of carpets, as it contains plant images and unique patterns made Made of natural wool and goat hair.

    New trends in the carpet exchange

    Sustainability is no longer a marginal consideration for many consumers, but rather it is seen by many customers as a priority now, as they are increasingly looking for environmentally friendly products that keep pace with their desire to protect the planet and represent safe waste. This led manufacturers to introduce plant fibers, such as sisal, into the production process to appeal to this growing customer segment.

    Major players in the carpet exchange also focus on innovation and incorporating advanced technologies into carpet products. Their competition in the market is from smaller players seeking to win new contracts and enter markets for the first time, with a strong contribution from the Asia-Pacific region with the highest expected annual growth rate in the carpet market to date. The year 2026. It is also expected that the movement of partnerships between the different players in the market will flourish and the completion of many mergers and acquisitions as an important tactic for developing and developing the growth process for companies.

    Conclusion

    This was a passing reading of the conditions of the carpet stock exchange in the world, during which we took a look at the future expectations regarding the demand for carpets during the coming years and the most important factors affecting it. The manual that has the originality and uniqueness in the world.

    Sources:

    https://finance.yahoo.com/news/global-carpets-rugs-market-report-085300018.html https://www.claremontrug.com/antique-rugs-information/collecting/the-oriental-rug-market- viewed-as-a-pyramid-axa-art/our-oriental-rug-market-pyramid/

    https://etar.sa/the-carpet-merchant%2Fp1151083707

    https://www.youm7.com/story/2020/4/30/100-%D9%84%D9%88%D8%AD%D8%A9-%D8%B9%D8%A7%D9%84% D9%85%D9%8A%D8%A9-%D8%A8%D8%A7%D8%A6%D8%B9-%D8%A7%D9%84%D8%B3%D8%AC%D8%A7% D8%AF-%D9%81%D9%89-%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9-%D8%A3%D9%84 %D9%88%D8%A7%D9%86-%D9%85%D8%AA%D8%B9%D8%AF%D8%AF%D8%A9-%D9%88%D8%B4%D8%BA %D9%81/4749641

    https://www.globenewswire.com/news-release/2022/02/22/2389070/0/en/Global-Carpets-and-Rugs-Market-to-Reach-38-8-Billion-by-2026. html

    https://www.mordorintelligence.com/industry-reports/global-carpet-and-rugs-market

    https://www.mordorintelligence.com/industry-reports/saudi-arabia-carpet-and-rugs-market

    https://cmmonline.com/news/flooring-and-carpets-market-decade-growth-projected-at-5

    https://en.wikipedia.org/wiki/Moroccan_rugs

    https://qaleen.com/blog/5-countries-that-make-the-worlds-best-rugs

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