Global Carpet And Rugs Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Tufted, Woven, Needle-Punched, Knotted, and Others.

By Application;

Residential and Commercial.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn767343768 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Carpet And Rugs Market (USD Million), 2020 - 2030

In the year 2023, the Global Carpet And Rugs Market was valued at USD 123,323.87 million. The size of this market is expected to increase to USD 171,228.52 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global carpet and rugs market serves as a vibrant tapestry of diverse cultures, styles, and trends, woven together by both tradition and innovation. Renowned for its ability to effortlessly blend functionality with aesthetic appeal, this market caters to a wide spectrum of consumers, ranging from homeowners seeking to enhance the comfort and beauty of their living spaces to commercial establishments aiming to create inviting atmospheres for their patrons. With roots tracing back centuries, carpets and rugs have transcended time and geography, evolving from humble beginnings to become integral elements of interior design across the globe. Today, the market reflects a dynamic landscape characterized by a multitude of factors, including shifting consumer preferences, advancements in manufacturing technologies, and emerging sustainability concerns. Traditional craftsmanship continues to intertwine with modern production techniques, resulting in an array of offerings that cater to various tastes and requirements. From luxurious hand-woven Persian rugs to contemporary eco-friendly carpets crafted from recycled materials, diversity reigns supreme, ensuring that there is something for every discerning buyer. The global carpet and rugs market is not only influenced by design and quality but also by economic fluctuations, environmental regulations, and geopolitical factors. As sustainability becomes increasingly paramount, stakeholders are exploring eco-conscious practices, such as utilizing renewable materials and reducing carbon footprints, to align with evolving consumer values and regulatory frameworks.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Carpet And Rugs Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Construction Industry
        2. Rising Disposable Income
        3. Urbanization
        4. Innovation in Design and Material
      2. Restraints
        1. Competition from Alternative Flooring Solutions
        2. Price Volatility of Raw Materials
        3. Changing Consumer Preferences
      3. Opportunities
        1. Product Diversification
        2. Focus on Emerging Markets
        3. Sustainability Initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Carpet And Rugs Market, By Type, 2022- 2032 (USD Million)
      1. Tufted
      2. Woven
      3. Needle-Punched
      4. Knotted
      5. Others
    2. Global Carpet And Rugs Market, By Application, 2022-2032 (USD Million)
      1. Residential
      2. Commercial
    3. Global Carpet And Rugs Market, By Geography, 2022-2032(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Mohawk Industries
      2. Shaw Industries Group
      3. Beaulieu Group
      4. Interface Inc.
      5. Dixie Group
      6. Tarkett
      7. Balta Group
      8. Oriental Weavers Group
      9. Victoria PLC
      10. Milliken & Company
  7. Analyst Views
  8. Future Outlook of the Market