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

By Raw Material;

Nylon, Polyester, Polypropylene, and Others.

By Product;

Woven, Tufted, Knotted, and Others.

By Application;

Residential, Non-Residential, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn454828393 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Carpet Market (USD Million), 2021 - 2031

In the year 2024, the Global Carpet Market was valued at USD 65,118.94 million. The size of this market is expected to increase to USD 89,213.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The global carpet market represents a significant segment of the flooring industry, encompassing a wide range of products designed for both residential and commercial applications. Carpets are valued for their aesthetic appeal, comfort, and functionality, offering a variety of textures, patterns, and materials to suit diverse preferences and needs. The market is driven by factors such as increasing consumer spending on home renovation and decor, growing demand for high-performance carpets in commercial spaces, and advancements in carpet manufacturing technologies.

The global carpet market has experienced a shift towards sustainability and eco-friendly products. Consumers and businesses alike are increasingly seeking carpets made from recycled materials, natural fibers, and those produced with environmentally friendly processes. Innovations in carpet technology, such as stain-resistant and durable options, have also contributed to market growth by addressing practical concerns related to maintenance and longevity. Additionally, the rise in green building standards and certifications has further fueled demand for sustainable flooring solutions.

Geographically, the carpet market exhibits diverse trends and growth patterns. North America and Europe have traditionally been strong markets, driven by high levels of residential and commercial construction. However, rapid urbanization and economic development in regions like Asia-Pacific and Latin America are creating new opportunities and driving growth in these emerging markets. The increasing adoption of carpets in various sectors, including hospitality, retail, and healthcare, coupled with evolving consumer preferences, continues to shape the dynamics of the global carpet market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material
    2. Market Snapshot, By Product
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Carpet Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Urbanization
        2. Rising Disposable Income
        3. Home Renovation Trends
        4. Growing Commercial Construction
      2. Restraints
        1. High Competition and Price Pressure
        2. Fluctuating Raw Material Prices
        3. Environmental Concerns
        4. Regulatory Compliance Costs
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Innovations in Sustainable Materials
        3. Growth in Commercial and Hospitality Sectors
        4. Increasing Preference for Custom Designs
    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 Market, By Raw Material, 2021 - 2031 (USD Million)
      1. Nylon
      2. Polyester
      3. Polypropylene
      4. Others
    2. Global Carpet Market, By Product 2021 - 2031 (USD Million)
      1. Woven
      2. Tufted
      3. Knotted
      4. Others
    3. Global Carpet Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Non-Residential
      3. Others
    4. Global Carpet Market, By Geography, 2021 - 2031 (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
        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. Agnella S.A
      2. Balta Group N.V
      3. Mohawk Industries Inc
      4. Brintons Carpets
      5. Creatuft NV
      6. Associated Weavers International Group
      7. Dekowe GmbH & Co KG
      8. Fletco Carpets A/S
      9. Royal Carpet SA
      10. MoquetasRols SA
      11. Ruckstuhl AG
  7. Analyst Views
  8. Future Outlook of the Market