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).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.
Global Carpet Market Recent Developments
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In September 2023, Shaw Industries Group, Inc. revealed an exciting collaboration with the Classen Group, a forward-thinking hard surface flooring manufacturer headquartered in Germany known for its PVC-free solutions tailored for both commercial and residential spaces.
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In January 2024, B.I.G. Yarns has recently concluded its initial industrial production runs of virgin polyester BCF yarns tailored for automotive carpet applications, as part of its strategic efforts to bolster its offerings in high-end and luxurious automotive interiors. These newly introduced polyester yarns serve as a complementary addition to the company's existing line of polyamide PA6 superior yarns, further enhancing its comprehensive range for automotive interior solutions.
Segment Analysis
The Global Carpet Market has been segmented by Raw Material, Product, Application and Geography. Nylon carpets are known for their durability, resilience, and stain resistance, making them a popular choice for both residential and commercial spaces. Polyester carpets are appreciated for their vibrant colors and affordability, while Polypropylene carpets offer cost-effective solutions with good resistance to moisture and staining. The "Others" category includes carpets made from various other materials such as wool and blends, catering to niche markets and specific customer preferences.
In terms of application, the market is divided into Residential, Non-residential, and Others. Residential carpets are used in homes for their comfort and aesthetic appeal. Non-residential carpets, including those used in commercial spaces such as offices, hotels, and retail stores, require higher durability and performance characteristics. The "Others" category includes specialized applications such as automotive and healthcare settings, where carpets must meet specific functional and design requirements.
Geographically, the global carpet market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America and Europe are well-established markets with high demand for premium carpets driven by extensive residential and commercial construction activities. Asia Pacific, with its rapidly growing urbanization and economic development, represents a burgeoning market with increasing demand for various types of carpets. The Middle East and Africa are witnessing growth due to rising infrastructure projects and increased consumer spending. Latin America, with its expanding middle class and real estate sector, also presents significant opportunities for market expansion.
Global Carpet Segment Analysis
In this report, the Global Carpet Market has been segmented by Raw Material, Product, Application and Geography.
Global Carpet Market, Segmentation by Raw Material
The Global Carpet Market has been segmented by Raw Material into Nylon, Polyester, Polypropylene and Others.
Nylon carpets are highly valued for their durability, resilience, and stain resistance. They are commonly used in high-traffic areas due to their ability to withstand wear and tear. Nylon fibers are also known for their color retention and ability to maintain a fresh appearance over time. As a result, nylon carpets are popular in both residential and commercial settings, including offices, hotels, and retail spaces.
Polyester carpets are appreciated for their vibrant color options, softness, and affordability. They offer good resistance to staining and fading, making them suitable for residential applications where aesthetics and comfort are prioritized. Polyester fibers are often used in mid-range carpets, offering a balance between cost and performance. This material is also environmentally friendly as it can be made from recycled bottles.
Polypropylene carpets are known for their cost-effectiveness and resistance to moisture and staining. They are commonly used in settings where durability and ease of maintenance are important, such as in commercial spaces and high-traffic areas. Polypropylene carpets are also resistant to color fading and do not absorb spills, which makes them ideal for areas prone to spills and heavy use.
The Others category includes carpets made from various alternative materials such as wool, acrylic, and blends. Wool carpets are renowned for their luxurious feel, natural resistance to dirt and stains, and long-lasting durability. Acrylic carpets offer a wool-like feel at a lower cost and are resistant to moisture and mildew. Blended materials, which combine different fibers, offer a range of characteristics to meet specific needs and preferences, catering to niche markets and specialized applications.
Global Carpet Market, Segmentation by Product
The Global Carpet Market has been segmented by Product into Woven, Tufted, Knotted and Others.
Woven carpets are characterized by their intricate designs and high quality, often produced using traditional techniques or advanced machinery. This type includes various styles such as Axminster, Wilton, and Brocade, which are valued for their durability and luxurious appearance. Woven carpets are typically used in high-end residential settings and prestigious commercial spaces. The market for woven carpets is expected to reflect steady growth, driven by ongoing demand for premium, custom-designed carpets.
Tufted carpets dominate the market due to their versatility and cost-effectiveness. This category includes cut-pile, loop-pile, and cut-loop carpets, which are produced using a tufting machine that inserts yarn into a backing material. Tufted carpets are popular for residential use due to their wide range of styles, colors, and textures. They also find extensive application in commercial spaces due to their balance of performance and affordability. The tufted carpet segment is anticipated to maintain a significant market share throughout the forecast period.
Knotted carpets, often hand-made, are known for their craftsmanship and durability. Traditional types include Persian and Oriental carpets, which are prized for their artistic value and longevity. Knotted carpets are generally used in high-end residential spaces and specialty areas that value artisanal quality. Despite being a smaller segment compared to tufted and woven carpets, knotted carpets are expected to see continued demand from niche markets and collectors, with growth reflecting the ongoing appreciation for handcrafted, luxury products.
The Others category encompasses various carpet types such as Needlefelt, Hooked, and Flatweave carpets. Needlefelt carpets are produced by needle-punching fibers into a backing, resulting in a dense, durable material ideal for commercial applications. Hooked carpets, often used in craft and DIY projects, involve hooking yarns through a backing fabric. Flatweave carpets, including Kilims and Dhurries, are woven without pile and are popular for their lightweight and reversible design. This segment is expected to grow as consumers seek unique and functional carpet options for specific applications.
Global Carpet Market, Segmentation by Application
The Global Carpet Market has been segmented by Application into Residential, Non-Residential and Others.
The residential segment of the carpet market focuses on carpets used in homes and private residences. This category includes various styles and types of carpets designed to enhance comfort, aesthetics, and functionality within living spaces. Residential carpets are typically selected for their appearance, softness, and ability to contribute to a cozy home environment. Key applications include bedrooms, living rooms, and hallways. The demand in this segment is driven by factors such as home renovations, new constructions, and consumer preferences for comfort and style.
The non-residential segment covers carpets used in commercial, institutional, and industrial settings. This includes offices, hotels, retail stores, educational institutions, healthcare facilities, and other public or business spaces. Carpets in this segment are selected for their durability, ease of maintenance, and performance characteristics suited for high-traffic environments. Non-residential carpets often need to meet specific criteria related to stain resistance, durability, and acoustic performance. This segment reflects growth due to increasing commercial construction activities and the need for functional and high-performance flooring solutions.
The Others category includes specialized applications of carpets that do not fit neatly into the residential or non-residential segments. This encompasses carpets used in niche markets such as automotive interiors, marine applications, and specific industrial uses. For example, automotive carpets are designed for durability and ease of cleaning, while marine carpets must withstand harsh environmental conditions. Additionally, carpets used in specialty areas like exhibitions or event spaces are included in this segment. The growth in this category is driven by the need for custom solutions and specific performance attributes tailored to unique applications.
Global Carpet Market, Segmentation by Geography
In this report, the Global Carpet Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Carpet Market Share (%), by Geographical Region, 2024
The North American carpet market is well-established and characterized by high demand in both residential and commercial sectors. The region includes key markets such as the United States and Canada, where consumer preferences for quality and innovation drive the demand for various carpet types. Factors such as ongoing home renovations, new residential and commercial construction projects, and a strong focus on aesthetic and functional flooring solutions contribute to the growth of the market. Additionally, North America has a significant presence of major carpet manufacturers and suppliers, further influencing market dynamics.
Europe's carpet market is diverse, with strong demand across both Western and Eastern European countries. Key markets include the United Kingdom, Germany, France, and Italy. In Europe, there is a growing emphasis on sustainability and eco-friendly materials, reflecting broader environmental trends. The market benefits from a combination of traditional craftsmanship and advanced manufacturing technologies. European consumers and businesses often seek high-quality, design-oriented carpets for residential and commercial applications. The region's rich history of carpet production and a strong focus on innovation continue to drive market growth.
The Asia Pacific region is experiencing rapid growth in the carpet market due to increasing urbanization, economic development, and rising disposable incomes. Major markets include China, India, Japan, South Korea, and Australia. The demand for carpets in Asia Pacific is driven by expanding residential and commercial construction activities, as well as growing consumer awareness of flooring options. The region is witnessing a shift towards modern designs and sustainable materials. Additionally, the increasing presence of international and local carpet manufacturers in Asia Pacific is contributing to market expansion.
The Middle East and Africa carpet market is influenced by a combination of traditional and modern factors. In the Middle East, countries like the United Arab Emirates, Saudi Arabia, and Qatar exhibit strong demand for high-end, luxury carpets, driven by significant investments in real estate and hospitality sectors. In Africa, the market is growing due to urbanization and infrastructure development projects. The region's diverse needs include both high-quality, durable carpets for commercial use and affordable options for residential applications. The Middle East and Africa market is characterized by a blend of premium and cost-effective carpet solutions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Carpet Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Urbanization
- Rising Disposable Income
- Home Renovation Trends
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Growing Commercial Construction - The growing commercial construction sector is a significant driver for the global carpet market, reflecting an increase in demand for various types of flooring solutions. As businesses expand, renovate, or establish new facilities, there is a notable demand for carpets that enhance the aesthetics and functionality of office spaces, retail environments, hotels, and other commercial properties.
Advancements in carpet technology and design have further fueled this growth, as commercial spaces increasingly seek solutions that combine style with practical benefits. Innovations such as stain-resistant, anti-microbial, and noise-reducing carpets are becoming more sought after in commercial applications.
The expansion of commercial construction in emerging markets and the increasing investment in infrastructure projects also present significant opportunities for the carpet industry. In regions experiencing rapid urbanization and economic development, there is a rising demand for modern commercial buildings equipped with high-quality interior finishes, including carpets.
Restraints
- High Competition and Price Pressure
- Fluctuating Raw Material Prices
- Environmental Concerns
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Regulatory Compliance Costs - Regulatory compliance costs are a significant factor impacting the global carpet market, influencing both manufacturers and consumers. These costs arise from the need to adhere to various environmental, safety, and quality standards set by governments and industry bodies. For carpet manufacturers, compliance with regulations related to emissions, material safety, and recycling requirements can involve substantial investments in technology, processes, and certifications.
In addition to manufacturing compliance, companies must also navigate different regulations across regions, adding complexity to global operations. For instance, regulations in North America may differ from those in Europe or Asia Pacific, requiring manufacturers to tailor their products and processes accordingly.
For consumers, regulatory compliance costs can translate into higher prices for carpets that meet stringent safety and environmental standards. While these regulations are essential for ensuring product safety and reducing environmental impact, they can also limit the affordability and accessibility of compliant carpets.
Opportunities
- Expansion in Emerging Markets
- Innovations in Sustainable Materials
- Growth in Commercial and Hospitality Sectors
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Increasing Preference for Custom Designs - The increasing preference for custom designs is a notable trend driving the global carpet market, reflecting a shift towards personalized and unique flooring solutions. As consumers and businesses seek to create distinct and tailored environments, the demand for custom-designed carpets has surged.
In residential settings, homeowners are increasingly opting for carpets that reflect their personal tastes and complement their interior décor. Custom designs enable them to choose specific patterns, colors, and materials that align with their vision, creating a more personalized living space.
In the commercial sector, businesses are leveraging custom carpet designs to reinforce brand identity and create memorable customer experiences. For example, hotels, retail stores, and corporate offices are using bespoke carpets to incorporate company logos, branding elements, and distinctive design motifs that align with their corporate image.
Competitive Landscape Analysis
Key players in Global Carpet Market include;
- Agnella S.A
- Balta Group N.V
- Mohawk Industries Inc
- Brintons Carpets
- Creatuft NV
- Associated Weavers International Group
- Dekowe GmbH & Co KG
- Fletco Carpets A/S
- Royal Carpet SA
- MoquetasRols SA
- Ruckstuhl AG
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Raw Material
- Market Snapshot, By Product
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Carpet Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Urbanization
- Rising Disposable Income
- Home Renovation Trends
- Growing Commercial Construction
- Restraints
- High Competition and Price Pressure
- Fluctuating Raw Material Prices
- Environmental Concerns
- Regulatory Compliance Costs
- Opportunities
- Expansion in Emerging Markets
- Innovations in Sustainable Materials
- Growth in Commercial and Hospitality Sectors
- Increasing Preference for Custom Designs
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Carpet Market, By Raw Material, 2021 - 2031 (USD Million)
- Nylon
- Polyester
- Polypropylene
- Others
- Global Carpet Market, By Product 2021 - 2031 (USD Million)
- Woven
- Tufted
- Knotted
- Others
- Global Carpet Market, By Application, 2021 - 2031 (USD Million)
- Residential
- Non-Residential
- Others
- Global Carpet Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Carpet Market, By Raw Material, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Agnella S.A
- Balta Group N.V
- Mohawk Industries Inc
- Brintons Carpets
- Creatuft NV
- Associated Weavers International Group
- Dekowe GmbH & Co KG
- Fletco Carpets A/S
- Royal Carpet SA
- MoquetasRols SA
- Ruckstuhl AG
- Company Profiles
- Analyst Views
- Future Outlook of the Market