Tufted Carpet Market Report 2025 (Global Edition)

Global Tufted Carpet Market Report 2024 Market Size Split by Material (Nylon, Polyester, Polypropylene, Cotton, Wool, Silk, Jute, Others), by End Users (Residential, Commercial, Transportation), by Ty...

Tufted Carpet Market Report Description

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Tufted Carpet Market Insights Video

Competitive Landscape of the Tufted Carpet Market

The tufted carpet market is competitive, with both domestic and foreign businesses offering a range of products at different price points and levels of quality. Important players prioritize innovation, sustainability, and adaptability to suit changing customer needs. Growth of product portfolios and market reach are frequent goals of strategic efforts such as partnerships, acquisitions, and mergers. As the market for environmentally friendly carpets expands and the number of online shops that provide accessibility increases, competition will also get more intense.

In November 2022, the Beaulieu Flooring Solutions Business Unit of Beaulieu International Group (B.I.G.) announced its decision to discontinue its Belgian tufted carpet business. If the plan is approved, 174 workers will be employed in total. (Source: https://www.bintg.com/news/beaulieu-international-group-announces-its-intention-discontinue-belgian-business-tufted)

Top Companies Market Share in Tufted Carpet Industry: (In no particular order of Rank)

• Victoria PLC.
• Dixie Group Inc.
• Mohawk Industries Inc.
• Tarkett S.A
• Ikea Group
• Beaulieu International Group
• Shaw Industries Group Inc.
• Genie Carpet Manufacturers
• Tai Ping Carpets International Limited
• Oriental Weavers Carpets Co.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Tufted Carpet Market

Which Region Dominates the Tufted Carpet Market in 2024?

According to Cognitive Market Research, North America currently dominates the Tufted Carpet market, and the region is expected to have significant growth during the projected period. Because of the rise in building projects in the residential, commercial, and hospitality sectors, North America is predicted to lead the growth of the tufted carpet market. There is a greater need for high-end, customizable flooring solutions in the region due to the emphasis on house aesthetics and increased disposable budgets. Additionally, tufted carpets are becoming more and more popular due to their comfort and visual attractiveness, which is supported by the growing trend of home improvement initiatives. Further driving the market's growth in North America are customers' growing demands for high-quality, environmentally friendly products, as well as technological developments and a strong emphasis on sustainable products.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Because of the growing middle class, rising disposable incomes, and fast urbanization of the Asia Pacific area, the tufted carpet market is expected to increase substantially in this region. Increased funding for projects involving the development of homes and businesses is fueling the need for comfortable and visually beautiful flooring solutions. Tufted carpets are increasingly necessary in hotels and resorts as a result of the hospitality sector's growth in nations like Australia, China, and India. Together with technological developments in production, the expanding trend of home décor and refurbishment is driving additional market expansion. In this exciting region, the tufted carpet industry is expected to grow as customers place a premium on sustainability and design.

The current report Scope analyzes Tufted Carpet 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

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Tufted Carpet

According to Cognitive Market Research, the global Tufted Carpet market size was estimated at USD 31245.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 12498.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Tufted Carpet market with a market size of USD 9861.08 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. In the US, demand for tufted carpets is rising due to an increase in home renovation initiatives as people look for fashionable and comfortable flooring options.
• The Canada Tufted Carpet market had a market share of USD 1499.78 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period. The demand for tufted carpets made of recycled materials is being driven by the Canadian market's growing preference for environmentally friendly flooring solutions.
• The Mexico Tufted Carpet market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 1137.34 million in 2024.

Europe Tufted Carpet

According to Cognitive Market Research, the global Tufted Carpet market size was estimated at USD 31245.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 9373.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• The United Kingdom's Tufted Carpet market had a market share of USD 1574.77 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. In the UK, the demand for tufted carpets in hotels and stores is increased by growth in the retail and hospitality industries.
• The France Tufted Carpet market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 862.38 million in 2024.
• According to Cognitive Market Research, the German Tufted Carpet market size was valued at USD 1855.98 million in 2024 and is projected to grow at a CAGR of 4.9% during the forecast period. The usage of tufted carpets in new construction and restorations is encouraged by Germany's thriving construction industry.
• The Italy Tufted Carpet market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 806.13 million in 2024.
• The Russia Tufted Carpet market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 1452.92 million in 2024.
• The Spain Tufted Carpet market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD 768.64 million in 2024
• The Luxembourg Tufted Carpet market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 290.58 million in 2024.
• The Portugal Tufted Carpet market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 196.85 million in 2024.
• The Greece Tufted Carpet market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 112.48 million in 2024.
• The Rest of Europe's Tufted Carpet market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 1452.92 million in 2024.

Asia Pacific Tufted Carpet

According to Cognitive Market Research, the global Tufted Carpet market size was estimated at USD 31245.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 7186.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Tufted Carpet market size was valued at USD 3233.91 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. Tufted Carpet sales surged in China due to the growing middle class wanting fashionable and cozy furniture for their homes, which is driving up sales of tufted carpets.
• The Japan Tufted Carpet market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 991.73 million in 2024.
• The India Tufted Carpet market had a market share of USD 862.38 million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. In India, there is a constant need for tufted carpets in residential settings because traditional Indian homes frequently have carpets.
• The South Korean Tufted Carpet market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 718.65 million in 2024.
• The Australian Tufted Carpet market is projected to witness growth at a CAGR of 7.9% during the forecast period, with a market size of USD 373.70 million in 2024.
• The South East Asia Tufted Carpet market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 495.87 million in 2024.
• The Rest of Asia Pacific Tufted Carpet market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 510.24 million in 2024.

South America Tufted Carpet

According to Cognitive Market Research, the global Tufted Carpet market size was estimated at USD 31245.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 1562.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Tufted Carpet market size was valued at USD 668.65 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period. Tufted Carpets flourished in Brazil because consumer expenditure on carpets and other home and business décor is expected to rise as the economy improves.
• Argentina's Tufted Carpet market had a market share of USD 262.46 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. In Argentina, the tufted carpet market may expand if the government continues to encourage the flooring and textile industries.
• Colombia's Tufted Carpet market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 139.04 million in 2024.
• Peru Tufted Carpet market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 128.11 million in 2024.
• Chile's Tufted Carpet market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 112.48 million in 2024.
• The Rest of Latin America's Tufted Carpet market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 251.53 million in 2024.

Middle East and Africa Tufted Carpet

According to Cognitive Market Research, the global Tufted Carpet market size was estimated at USD 31245.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 624.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031..

• The GCC Countries Tufted Carpet market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 267.46 million in 2024. Tufted Carpet sales flourish in GCC countries because demand for luxury tufted carpets is rising as the affluent population in the GCC seeks sophisticated, high-end flooring options.
• The Egypt Tufted Carpet market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 65.62 million in 2024.
• The South Africa Tufted Carpet market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 98.74 million in 2024. Tufted Carpet sales flourished in South Africa due to the growing need for high-quality flooring options, such as tufted carpets, and the rapid rise of urban areas and infrastructure.
• The Turkey Tufted Carpet market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 53.74 million in 2024.
• The Nigeria Tufted Carpet market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 65.62 million in 2024.
• The Rest of the MEA Tufted Carpet market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 73.74 million in 2024.

Tufted Carpet Market Analysis

Tufted Carpet Market Material Segment Analysis

According to Cognitive Market Research, nylon is likely to dominate the Tufted Carpet Market over the forecast period. Because of its stain resistance, resilience, and longevity, nylon is a popular material for tufted carpets. Because they can tolerate heavy foot traffic and are, therefore, perfect for both home and commercial settings, nylon tufted carpets are in high demand. Furthermore, nylon carpets come in a variety of hues and designs, which appeals to customers looking for decorative adaptability. In locations where spills and humidity are common, the material's ability to withstand moisture further contributes to its appeal. Consequently, in the tufted carpet market, nylon remains a popular option for both producers and buyers.

Polyester is the fastest-growing segment in the Tufted Carpet Market. Because they're affordable, long-lasting, and easy to maintain, polyester tufted carpets are becoming more and more popular. In both home and commercial settings, polyester fibers are a desirable choice due to their exceptional stain resistance and bright color retention. Because of how simple and hassle-free they are to install, their lightweight design appeals to customers. In keeping with the growing trend toward sustainability, polyester carpets are also frequently created from recycled materials. Polyester tufted carpets continue to gain market share as more customers place a higher value on affordable and environmentally friendly flooring solutions.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Tufted Carpet Industry. Request a Free Sample PDF!

Tufted Carpet Market End Users Segment Analysis

According to Cognitive Market Research, the residential segment holds the largest share of the market. The market for tufted carpets is largely driven by the residential segment, which is driven by consumers' increasing demands for comfortable and aesthetically pleasing home furnishings. Because tufted carpets come in so many different patterns, hues, and textures, more and more homeowners are selecting them for their living rooms, bedrooms, and hallways. Tufted carpets also provide a comfortable underfoot, which elevates the atmosphere of homes overall. This need is further bolstered by the growing popularity of interior design and home renovation initiatives as people upgrade their living spaces with high-quality flooring purchases.

In the Tufted Carpet Market, the category of commercial has been growing quickly. Due to the demand for long-lasting and aesthetically beautiful flooring options across a range of industries, the commercial segment is vital to the tufted carpet industry. Because tufted carpets are comfortable and stylish and can tolerate heavy foot traffic, they are becoming more and more popular in industries like hospitality, retail, and corporate offices. Conference rooms, showrooms, and hotel lobbies all benefit from the ambiance that tufted carpets provide. Tufted carpets are a popular option in business settings because of their adaptability in design, which enables companies to match their carpeting with interior themes and branding.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Tufted Carpet Type Segment Analysis

Tufted Carpet Market Type Segment Analysis

According to Cognitive Market Research, the machine-made segment holds the largest market share. Because they are affordable, consistently of high quality, and can be produced quickly, machine-made tufted carpets are becoming more and more in demand. Due to their precise designs and consistent textures, which are achieved through the use of sophisticated production procedures, these carpets are well-liked for both home and business use. Suiting a variety of consumer tastes, machine-made tufted designs of carpets are incredibly varied in hues and textures. They are also appropriate for high-traffic locations because of their simplicity of upkeep and durability. Machine-made tufted carpets are becoming more popular as customers look for reasonably priced and fashionable flooring options.

Hand-made is anticipated to be the fastest-growing segment in the Tufted Carpet market. Because customers respect artisanal craftsmanship and distinctive designs more and more, there is a growing demand for hand-made tufted carpets. Traditional methods are frequently used in the creation of these carpets, creating unique pieces that highlight elaborate patterns and textures. Handcrafted tufted carpets are a popular choice for high-end residential and boutique business spaces because they appeal to individuals looking for luxury and customization in their home décor. Furthermore, because handcrafted products usually use eco-friendly materials, interest in them is fueled by the emphasis on sustainability and ethical manufacturing processes. Handcrafted tufted carpets are becoming a more popular option in the market due to the tendency towards originality and quality.

• Hand-made
• Machine-made

Tufted Carpet Sales Channel Segment Analysis

Tufted Carpet Market Sales Channel Segment Analysis

According to Cognitive Market Research, the supermarkets/hypermarkets segment dominates the market. The tufted carpet industry relies heavily on supermarkets and hypermarkets as important sales channels because they provide clients with an easy, one-stop buying experience. In order to satisfy a range of customer tastes, these retail formats usually offer a broad assortment of tufted carpets that showcase varied designs, materials, and pricing points. These expansive retail locations benefit from the visibility and accessibility of tufted carpets, which encourage impulse buying and improve consumer interaction. Additionally, budget-conscious consumers are drawn to supermarkets and hypermarkets by the regular promotions and discounts offered there, which boosts sales and expands the market penetration of tufted carpets in the residential sector.

Online is projected to be the fastest-growing segment in the Tufted Carpet market. Because it is more convenient and accessible for customers, the online sales channel is quickly gaining pace in the tufted carpet industry. An extensive assortment of tufted carpets is offered via e-commerce platforms, which enable customers to conveniently compare costs, designs, and materials from the comfort of their homes. In-depth product descriptions and client testimonials are frequently displayed by online merchants, which improves shopping. Customers can also see how carpets will seem in their spaces by using virtual room visualizers. Online sales channels have become essential for expanding market reach and spurring growth due to the emergence of digital marketing and social media.

• Specialty Stores
• Supermarkets/Hypermarkets
• Online
• Others

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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