Global Carpets and Rugs
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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• The Carpets and Rugs Market size in 2023 was XX Million. The Carpets and Rugs Market compound annual growth rate (CAGR) will be XX% from 2024 to 2031.
• Expanding customer demand for a variety of carpet and rug styles and Growing consumer demand for options for home furnishings fosters the market expansion.
• The demand for carpets and rugs decreased as a result of the widespread implementation of lockdown measures, which caused construction projects and home renovations to be canceled or postponed
• To expand their product ranges, major market players are heavily investing in research and development, which will fuel further growth in the cervical fusion market.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Material |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Carpets and Rugs industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Carpets and Rugs Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Carpets and Rugs Market size in 2023 was XX Million. The Carpets and Rugs Market compound annual growth rate (CAGR) will be XX% from 2024 to 2031. The carpet and rug industry is a subset of the home furnishings market that provides consumers with high-quality, visually appealing products. carpets and rugs have developed from simple floor coverings to intricate works of art that represent personal preferences and cultural heritage. The dynamic industry landscape is shaped in large part by factors like evolving consumer lifestyles, interior design trends, and technological advancements in manufacturing processes. For Instance, Recent Technological development examples include, The traditional handwoven carpets and rugs of Kashmir are made using talim, an antiquated symbolic code that has been in use for hundreds of years. A carpet would take more than six months to complete in the beginning. But thanks to computer software, one can now complete a carpet in six weeks. Currently, the talim code is created and designed using computer software, which enables to view the entire design at once.(Source:https://www.bbc.com/news/business-67650613 ) These developments help the market to grow more. The weaving and knotting are done by hand. Hence, the market offers a wide range of products to suit different tastes and needs, from classic handwoven rugs to contemporary machine-made carpets. Expanding customer demand for a variety of carpet and rug styles and Growing consumer demand for options for home furnishings fosters the market expansion.
Companies are expanding their inventory to meet the growing demand for a variety of carpet and rug styles, including tile flooring, wooden parquet flooring, laminate flooring, area rugs, kitchen rugs etc. One major factor supporting market expansion in the sector is the growing consumer demand for a wide range of carpet and rug styles. This increase in demand is explained by changing consumer tastes as well as the growing importance of interior design in contemporary homes. Nowadays, buyers are looking for carpets and rugs that represent their individual styles and aesthetic sensibilities in addition to being comfortable and functional accent pieces. For Instance, recognizing shifting consumer demands, The Rug Republic has redefined carpets as a fashion staple for homes through e-commerce expansion. Tailored strategies cater to diverse preferences, offering personalized experiences. In response to evolving consumer expectations, seamless shopping across channels is ensured through integrated systems and a consistent brand voice.(Source:https://www.indianretailer.com/article/retail-business/retail-trends/spiritual-tourism-sparks-retail-renaissance-sacred-cities) Additionally, the rising rate of urbanization and rising standard of living are attributed to the growing demand for carpets and rugs among people. The market is expanding due to changing consumer preferences for eco-friendly floor carpets composed of materials like wool, bamboo, and other materials. For Instance, Renowned home décor brand GharGhar is well-known for its handcrafted, environmentally friendly modern rugs, cushions, and accessories that draw inspiration from heritage, art, and culture. GharGhar upgrades any space with their recently launched line of sustainably made hand rugs. (Source:https://www.architectandinteriorsindia.com/products/leave-eco-friendly-footprints-with-this-handmade-carpet-collection)In conclusion, the market for carpets and rugs is growing quickly due to rising consumer demand for a range of styles and environmentally friendly and innovative options.
The market for rugs and carpets has significantly increased as a result of consumer demand for a wide variety of options in home furnishings. This increase can be ascribed to a number of things, such as evolving lifestyles, heightened awareness of interior design, and the need for unique living environments. The market for a wide range of rug and carpet styles has expanded dramatically as homeowners look to furnish their homes with both comfortable and visually appealing spaces. Customers are increasingly searching for options that satisfy their unique tastes and preferences, whether they are traditional oriental rugs or modern, minimalist carpets. There has also been trend in the carpet and rug business due to increased consumer interest in home décor. For Instance, In 2023, Leading e-commerce site Myntra reports a 50% surge in demand for items in its home category. To accommodate the holiday season, the platform has added over 20 new brands and 50,000 new products. Half of Myntra's entire home portfolio consists of home furnishing brands.The growing demand for home furnishing options that help to improve the ambiance or look of the house is expected to fuel growth in the global carpet and rug market. For Instance, The famous furniture retailer WoodenStreet has announced the grand opening of "Earthy Threads," an in-house brand that specializes in home furnishings and is inspired by nature. With this ambitious project, WoodenStreet hopes to embrace the timeless beauty of Indian traditions while providing a carefully chosen assortment of furnishings that fit in seamlessly with contemporary Indian homes. In summary, there is an apparent increase in the carpet and rug industry, fueled by consumer interest in furnishing. The market for rugs and carpets has seen a significant surge, driven by consumer preferences for a diverse range of options for home furnishing. The demand for stylish and elegant home furnishings is increasing, which is why the carpet and rug market is expected to grow in the coming years.
Consumer demand for sustainable and environmentally friendly products is rising as they become more aware of how their purchases affect the environment. The carpet and rug industry, which has historically relied on materials and procedures that might not be in line with sustainable practices, faces a challenge as a result. For Instance, Nearly 75%of carpets are composed of nylon, a strong, resilient fiber that comes from crude oil. In addition to producing a very strong greenhouse gas during the extraction of crude oil, the production of nylon requires a lot of water and energy.(Source:https://www.aquafil.com/magazine/the-environmental-impact-of-recycling-carpet/#:~:text=Environmental%20Impact%20of%20Carpet,amounts%20of%20water%20and%20energy.) Hence, conventional nylon production is not environmentally friendly. Regulations governing the use of specific substances and materials in the production of carpets also impose limitations. Manufacturers of carpets and rugs are therefore under pressure to come up with new ideas and implement more environmentally friendly production techniques, which might call for large R&D expenditures as well as adjustments to internal processes. This constraint offers the industry a chance to grow and adapt as well as a challenge.
The market for carpets and rugs was greatly affected by the COVID-19 pandemic, which changed consumer behavior and caused supply chain disruptions. The demand for carpets and rugs decreased as a result of the widespread implementation of lockdown measures, which caused construction projects and home renovations to be canceled or postponed. Further reducing sales were physical shopping restrictions and store closures. However, the trend toward remote work and more time spent at home created a demand for remodeling projects around the house, including new flooring, which helped to partially offset the decline.
Manufacturers had to deal with issues including worker shortages, supply chain disruptions, and production capacity reductions because of health and safety regulations. Furthermore, consumers' cautious spending was influenced by uncertainty about the economic consequences of the pandemic, which had an effect on the market for carpets and rugs.
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To expand their product ranges, major market players are heavily investing in research and development, which will fuel further growth in the cervical fusion market. To expand their global reach, market players are also pursuing a variety of strategic measures, including joint ventures, contractual extensions, mergers and acquisitions, higher investments, and new product introductions. If they want to grow and thrive in a more competitive and developing market, rivals in the carpet and rug business must provide affordable goods. One of the main business tactics used by carpet and rug producers to assist customers and increase the carpet and rug market sector is to manufacture locally to lower operating costs.
• For Instance, The Middle East and Africa (MEA) region has welcomed Jaipur Rugs with the opening of its flagship retail location in Dubai. The organization has an international presence in Milan, Italy, in addition to Dubai. According to a company release, Jaipur Rugs' desire to serve a broad clientele that seeks exquisite, opulent rugs that honor the region's rich cultural legacy is reflected in its introduction into the Middle East market.(Source:https://www.thehindubusinessline.com/companies/jaipur-rugs-opens-store-in-dubai/article67004760.ece)
There are also recent developments with respect to the environment, new products are being launched because of sustainability. For Instance, The floor covering firm FLOR, situated in Atlanta in 2022, has made a name for itself as an environmentally aware manufacturer of area rugs and carpet tiles that may be customized, all of which are 100% carbon neutral over the course of their product life cycles. The business recently went above and beyond in its dedication to the environment by developing the technology necessary to create carpets with zero carbon footprint. Their production and use absorb carbon from the atmosphere over time. (Source:http://https://www.forbes.com/sites/simonmainwaring/2022/08/08/how-flor-is-lowering-the-carbon-footprint-of-the-floor-beneath-our-feet/?sh=58187a8f1bdd)
Top Companies Market Share in Carpets and Rugs Industry: (In no particular order of Rank)
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The North America is the dominating region in this market. The attractiveness and usefulness of carpets and rugs contribute to their popularity. It's an addition to floor coverings that enhances the aesthetic appeal of the interior design of a home or business. By adding a layer of padding, rugs and carpets shield floors. People who live in cold climates are fortunate to have rugs and carpets because they prevent the floor from becoming too cold. Commercial, residential, and industrial settings are where carpets and rugs are most commonly used. Carpets and rugs are more in demand in developed economies. For Instance, Mohawk, Pat Craft and Shaw won the best award for rugs. Products from major companies in the industry that exhibit unmatched innovation and forward-thinking design are recognized by the NeoCon program. Each entry was assessed on-site in the days preceding the exhibition after being chosen by an esteemed jury comprised of architects, designers, specifiers, enterprise clients, facility managers, and leading business media. (Source:https://www.rugnews.com/news-archives/mohawk-patcraft-shaw-take-home-best-of-neocon-2023-8925#:~:text=Show%20News%20%26%20Business-,Mohawk%2C%20Patcraft%20%26%20Shaw%20Take%20Home%20Best%20of%20NeoCon%202023%20Awards,Modular%20at%20the%202023%20event.&text=Hip%20Hop%20architect%20Mike%20Ford,in%20the%20area%20rug%20category)
The current report Scope analyzes Carpets and Rugs Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Carpets and Rugs Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Carpets and Rugs Industry growth. Carpets and Rugs market has been segmented with the help of its Type, Application Material, and others. Carpets and Rugs market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Turfed carpets and rugs are dominating due to their accessibility to diverse designs, swift production capabilities, and long-lasting durability. Turfed carpets and rugs offer an extensive array of design choices, featuring intricate patterns and vivid colors to cater to a wide range of consumer preferences and interior décor themes. Their rapid production time allows manufacturers to swiftly adapt to ongoing trends. Moreover, the manufacturing process of turfed carpets securely holds fibers in place, enhancing the product's durability, and making them ideal for high-traffic areas like homes, businesses, and medical facilities. Additionally, the growing demand for eco-friendly options prompts manufacturers to explore biodegradable and recyclable materials for innovative carpeting solutions. The woven segment is poised to witness significant growth in the forthcoming years, fueled by increasing demand for high-quality aesthetic options in carpets and rugs.
• Knotted Pile
• Needle-Punched
• Tufted
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The residential segment is dominating as it is driven by the uptick in home improvement initiatives and the prevailing trend toward aesthetic enhancement. Homeowners are increasingly investing in the revitalization of their living spaces, which includes the replacement and enhancement of carpets and rugs to rejuvenate interior aesthetics. Carpets and rugs play a pivotal role in elevating the overall visual appeal of residential interiors. Consumers are seeking products that not only offer comfort and functionality but also align with their interior design preferences.
• Commercial
• Industrial
• Residential
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The synthetic fibers segment is dominating because of its increasing resistance to stains. Synthetic fibers present a cost-effective alternative to natural materials, appealing to budget-conscious consumers due to their stain resistance, water repellency, and durability. They offer a diverse range of styles and colors, making synthetic carpets a favored choice for individuals seeking design flexibility and easy maintenance. The plant-made yarn segment is expected to hold a substantial market share. Natural fibers are valued for their breathability and comfort, with a reduced likelihood of causing skin irritations or allergies, making them popular for households with sensitive individuals. For Instance, according to NCBI, Around 95% of carpet is composed of synthetic fibers, such as polyester, nylon, and olefin, with the remaining percentage consisting of natural fibers like wool. In recent times, polyester has become a more popular material than nylon, with a rapid increase in use. (Source:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7017391/)
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Carpets and Rugs Market is witnessing significant growth in the near future.
In 2023, the Knotted Pile segment accounted for noticeable share of global Carpets and Rugs Market and is projected to experience significant growth in the near future.
The Commercial segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Mohawk Industries Inc., Tarkett S.A. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Knotted Pile, Needle-Punched, Tufted |
Application | Commercial, Industrial, Residential |
Material | Cotton, Jute, Synthetic Fibers, Nylon, Polyester, Wool, Silk |
List of Competitors | Mohawk Industries Inc., Shaw Industries Group Inc., Tarkett S.A., Lowe’s Companies Inc., Interface Inc., Dixie Group Inc., Oriental Weavers Company for Carpet., Tai Ping Carpets International Limited, Victoria PLC, The Home Depot Inc., Mannington Mills Inc., Beaulieu International Group, Ikea Group, Engineered Floors LLC, Royalty Carpet Mills Inc., Stark Carpet Corp., Invista, Milliken & Company, Kraus Carpet Mills Ltd., Couristan Inc., ABBey Carpet & Floor, Axminster Carpets Ltd, Floor Coverings International, Avalanche Flooring Inc., Foamex International Inc |
This chapter will help you gain GLOBAL Market Analysis of Carpets and Rugs. Further deep in this chapter, you will be able to review Global Carpets and Rugs Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Carpets and Rugs. Further deep in this chapter, you will be able to review North America Carpets and Rugs Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Carpets and Rugs. Further deep in this chapter, you will be able to review Europe Carpets and Rugs Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Carpets and Rugs. Further deep in this chapter, you will be able to review Asia Pacific Carpets and Rugs Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Carpets and Rugs. Further deep in this chapter, you will be able to review South America Carpets and Rugs Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Carpets and Rugs. Further deep in this chapter, you will be able to review Middle East Carpets and Rugs Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Carpets and Rugs. Further deep in this chapter, you will be able to review Middle East Carpets and Rugs Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Carpets and Rugs. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Material Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Carpets and Rugs market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Knotted Pile have a significant impact on Carpets and Rugs market? |
What are the key factors affecting the Knotted Pile and Needle-Punched of Carpets and Rugs Market? |
What is the CAGR/Growth Rate of Commercial during the forecast period? |
By type, which segment accounted for largest share of the global Carpets and Rugs Market? |
Which region is expected to dominate the global Carpets and Rugs Market within the forecast period? |
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