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NEW YORK, April 7, 2021 /PRNewswire/
The area rugs market is expected to grow by USD 669.81 million during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the area rugs market in optimistic, probable, and pessimistic forecast scenarios.
Technavio has announced its latest market research report titled Area Rugs Market by Application, Product, Distribution Channel, and Geography - Forecast and Analysis 2020-2024
Enterprises will go through the Response, Recovery, and Renew phases.
The area rugs market will witness a negative impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio s pandemic-focused market research, market growth increased in 2020 as compared to 2019.
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