Carpets and Rugs Market Size, Share, and Growth Analysis

Global Carpets and Rugs Market

Carpets and Rugs Market By Product Type (Woven, Tufted), By Material (Nylon, Polyester), By End User (Residential, Commercial), By Region - Industry Forecast 2025-2032


Report ID: SQMIG25F2078 | Region: Global | Published Date: March, 2025
Pages: 191 |Tables: 93 |Figures: 71

Format - word format excel data power point presentation

Carpets and Rugs Market Insights

Global Carpets and Rugs Market size was valued at USD 48.8 billion in 2023 and is poised to grow from USD 50.26 billion in 2024 to USD 63.67 billion by 2032, growing at a CAGR of 3.0% during the forecast period (2025-2032). 

One of the foremost growth drivers in the carpets and rugs market is the rising demand from the domestic sector. Raising disposable income, increased rates of homeownership, and increased focus on the interior looks drive consumers to opt for high-value carpets and rugs to decorate homes. The demand is highly witnessed in urban places, where décor tastes keep evolving.

The global carpets and rugs market trends is a vibrant and continuously developing business, propelled by changing customer needs, innovation in manufacturing technologies, and rising demand for interior design solutions. Carpets and rugs are both practical and decorative products, providing comfort, warmth, and visual attractiveness for residential, commercial, and industrial applications. The industry has seen massive growth as a result of growing urbanization, augmented disposable incomes, and a strengthened tendency towards house renovation and home improvement. The impact of e-commerce and digitalization has further transformed the industry, allowing the manufacturers and sellers to target more customers while presenting customizable and superior-quality products.

Sustainability is on the rise as a major trend in the carpet and rug market, with both consumers and manufacturers emphasizing green materials, including recycled fibers, plant-based dyes, and natural wool. Greater awareness of the environment has promoted the demand for biodegradable and non-toxic carpets. In addition, intelligent carpets and rugs with home automation sensors and health monitoring are becoming popular, mirroring the increased infusion of technology in the flooring industry.

The market is also affected by shifting lifestyle trends, such as the increasing need for soft floor solutions in contemporary workplaces and hospitality industries. Sustained infrastructure expansion, mainly in developing economies, has also supported the growth of the market, with commercial developments and housing construction driving installations of carpets and rugs. In addition, technological improvements in stain-resistant and waterproof carpeting are enhancing the durability and ease of maintenance of these products, making them more attractive to various consumer groups.

Notwithstanding these encouraging trends, the industry is confronted with challenges like volatile raw material costs and competition from other flooring products such as luxury vinyl tiles and hardwood. Nevertheless, the influx of new product designs, combined with growth in demand for customized and multi-functional carpets, is projected to maintain the market on a growth course. Strong focus on product diversification, digital innovation, and sustainability is setting the carpets and rugs industry on track for more growth in the next few years.

Key Market Attributes

Obeetee Carpets, a foremost Indian handwoven carpet producer, introduced its Ajmer Collection in July 2023, which is inspired by the architectural richness of Ajmer Fort. The collection integrates beautiful patterns with traditional art, presenting customers around the world with a distinctive and rich cultural carpet experience. With increasing interest in designs that reflect heritage, this move is poised to fuel demand for handmade carpets in the next few years. The blending of history and contemporary aesthetics is consistent with changing consumer tastes, which makes heritage-based designs a leading trend in the carpet and rugs industry in the next four to five years.

In February 2024 Tarkett, the world's number one flooring manufacturer, will launch a new QuickShip program, which includes 73 soft surface products to be delivered in five business days. The aim of this initiative is to ensure better availability of the products and shorten turnaround times for dealers, architects, and designers. Through the effort to increase efficiency and shorten lead times, Tarkett is establishing new benchmarks for responsiveness within the industry. This growth is expected to redefine supply chain dynamics within the carpet and rugs industry, meeting the rising demand for speedy and tailor-made flooring solutions within the next four to five years.

In January 2025, Ruggable, a Los Angeles-based home goods company known for its machine-washable rugs, partnered with Architectural Digest to introduce a new rug collection inspired by 2025 interior design trends. This collection incorporates three major styles—Archaic, Industrial, and Art Deco—blending historical aesthetics with modern functionality. The partnership will reshape home furnishings trends, addressing consumers who are looking for both timeless sophistication and functionality. Through the shaping of future consumer behavior and interior design norms, this partnership will influence the carpets and rugs sector for the next decade, fueling demand for innovative and fashionable flooring solutions globally.

In November 2024, Mohawk Industries Inc., the world’s largest flooring company, announced strong third-quarter earnings, exceeding market expectations. The company projected that recent interest rate cuts in the U.S., Europe, and Latin America would revitalize the housing market, subsequently increasing demand for flooring products. With home construction and renovations expected to rise, the carpets and rugs market is likely to see long-term growth. Mohawk’s optimistic forecast signals a potential industry expansion over the next ten years, as improved affordability and economic stability drive sustained investments in residential and commercial flooring solutions across global markets.

Market snapshot - 2025-2032

Global Market Size

USD 48.8 billion

Largest Segment

Tufted

Fastest Growth

Woven

Growth Rate

3.0% CAGR

Global Carpets and Rugs Market ($ Bn)
Country Share by North America (%)

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Carpets and Rugs Market Segments Analysis

Global Carpets and Rugs Market is segmented by Product Type, Material, End User and region. Based on Product Type, the market is segmented into Woven, Tufted, Knotted, Needle-Punched and Others. Based on Material, the market is segmented into Nylon, Polyester, Polypropylene, Cotton, Wool, Silk, Jute and Others. Based on End User, the market is segmented into Residential and Commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.  

Analysis by Product Type

As per categorization by product, the market is classified as tufted, woven, needle-punched, knotted, and others. Among these, tufted earned the largest share and continues to hold the dominant global carpets and rugs market share. Tufted segments dominate the global carpets and rugs market due to their cost-effectiveness, durability, and rapid production process. Innovative developments in environment-friendly tufting methods like recycling fibers and low-volatile emission adhesives are paving the way for sustainable growth. Next generation tufting machines provide superior accuracy and personalization for commercial as well as household purposes. An increased demand for performance and luxurious carpets for use in hospitality venues, offices, and houses again propels the dominance of the tufted products' industry towards sustained development within the subsequent ten years.

Woven segments are projected to be the fastest growing in the global carpets and rugs market due to their premium quality, intricate designs, and durability. The increasing desire for luxury residential décor, heritage-style design, and sustainable manufacture is fueling growth, mainly in upscale residential and hospitality spaces. Developments in digital weaving technology allow intricate patterns with more efficiency, as well as natural wool and recycled content materials that fit into trends towards sustainability. As customers look for long-lasting, high-value flooring products, the woven segment is poised for dramatic growth, primarily in Europe, North America, and emerging Asian markets during the next decade.

Analysis by Material

Nylon dominates the global carpets and rugs market due to its exceptional durability, resilience, and stain resistance, making it ideal for high-traffic areas in residential, commercial, and hospitality sectors. Latest advances are solution-dyed nylon, improved colorfastness and fade resistance, and bio-based nylon for minimum environmental effect. Development in recyclable nylon fiber, i.e., Econyl, furthers sustainability demand with eco-sensitive customers. Superiority of performance, price, and durability to nature-based alternatives due to versatility keeps nylon as the most used material. Greater usage of green flooring and high-performing products calls for futureproofing for dominance in nylon within the marketplace in the future as well.

Polyester is set to be the fastest-growing material in the global carpets and rugs market due to its cost-effectiveness, softness, and vibrant color retention. PET polyester innovations utilizing recycled plastic bottles are behind sustainable growth. Enhanced fiber strength and resistance to stains position it as a robust substitute for nylon, particularly for domestic and low-traffic commercial uses. The increasing need for cost-effective, sustainable, and aesthetic carpets is fueling polyester uptake. As processes in manufacturing recycled polyester continue to improve and consumers increasingly prioritize sustainable floor coverings, the polyester market can be anticipated to grow at a fast pace in the future years.

Global Carpets and Rugs Market By Product Type (%)

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Carpets and Rugs Market Regional Insights

North America dominates the global carpets and rugs market because of high consumer expenditures, robust building activity, and demand for superior flooring solutions. The U.S. is a key driver with cutting-edge manufacturing, green technologies, and an increase in home remodeling. Expanding commercial and residential projects reinforce the region's leadership even further.

The United States leads the North American carpets and rugs market through increasing housing needs, urbanization, and expanding commercial real estate investments. Innovations with environmental concerns, like recycled fiber carpets and energy-saving production, draw environmentally friendly customers. The established presence of leading manufacturers such as Mohawk and Shaw Industries also enhances market growth.

Europe is the fastest growing region in the global carpets and rugs market attributed to increasing need for eco-friendly flooring, upscale home furnishings, and growing building construction activities. The shift toward eco-friendly woven and tufted carpets and government regulations promoting recycled materials are accelerating market expansion, particularly in Germany, the UK, and France.

Germany dominates the European carpets and rugs market due to strong construction activity, high consumer spending on interior design, and advancements in sustainable manufacturing. The availability of prominent brands investing in biodegradable and recycled carpets, as well as growing demand for luxury woven rugs, drives long-term market expansion in the nation.

Asia-Pacific is experiencing rapid growth in the global carpets and rugs market due to urbanization, rising disposable incomes, and booming construction activities in countries like China, India, and Japan. Rising demand for luxury home furnishings, green carpets, and commercial floor solutions is fueling growth. Expansion in hospitality, corporate offices, and real estate construction, as well as government incentives for green manufacturing, is positioning the region as a global leader.

Middle East & Africa is expanding rapidly because of increasing urbanization, improvement in infrastructure, and growing demand for high-end and classic carpets. UAE, Saudi Arabia, and South Africa are leading the growth by seeing growth. Hospitality, real estate, and commercial segments are expanding in these countries. The region's strong cultural preference for handwoven and premium rugs, along with investments in eco-friendly and durable flooring solutions, is fueling long-term market expansion.

South America’s carpets and rugs market is expanding due to urbanization, rising disposable incomes, and growing real estate and hospitality sectors. Brazil, Argentina, and Chile are leading the demand for stylish, durable, and affordable flooring solutions. Growing consumer demand for locally made and eco-friendly rugs as well as higher investments in residential and commercial construction is fueling market growth. Increasing retail distribution and online channels are also accelerating regional demand.

Global Carpets and Rugs Market By Geography
  • Largest
  • Fastest

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Carpets and Rugs Market Dynamics

Drivers

Growing Construction and Renovation Activities

  • The growing trend of residential and commercial building works globally is the major growth driver for the global carpets and rugs market. Growth in urbanization, home restorations, and infrastructure is driving demand for quality, resistant, and fashion-forward flooring. Increasing real estate investments and latest interior design tendencies also drive growth in the market.

Rising Demand for Sustainable and Eco-Friendly Carpets

  • Rising environmental consciousness is fuelling demand for sustainable carpets constructed from recycled fibers, biodegradable, and low-emission adhesives. Customers opt for green and free-of-harm flooring products, causing manufacturers to develop organic wool, PET polyester, and bio-based nylon solutions. Government policies supporting sustainability initiatives also fuel the trend, catalysing the global carpets and rugs market growth.

Restraints

Growing Popularity of Hard Flooring Alternatives

  • The industry is working to bring about more sustainable measures by curbing down livestock-driven global warming, which impedes the market growth. These surfaces are easy to maintain, durable, and water resistance, making them viable in a modern home and commercial building. Changing consumer tastes are drifting the demand away from the traditional type of carpet flooring.

Fluctuations in Supply Chain and Distribution

  • Disruptions in raw material supply chains, caused by geopolitical tensions, trade restrictions, and transportation delays, create market instability. Increased import-export tariffs and logistical issues influence production and pricing. Furthermore, volatile demand in important areas can influence inventory management, and manufacturers may find it hard to sustain consistent growth and profitability.

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Carpets and Rugs Market Competitive Landscape

The global carpets and rugs market is highly competitive, with key players focusing on innovation, sustainability, and premium product offerings. Some of the major multinational firms are Mohawk Industries, Shaw Industries, Tarkett, Interface Inc., and Milliken & Company. These companies make investments in sustainable materials, cutting-edge manufacturing solutions, and strategic buys to build market share. Increased competition from regional makers and tailored product demand further propels industry transformation and render sustainability and durability as differentiators in the market.

Top Player’s Company Profiles

  • Mohawk Industries, Inc. (USA) 
  • Shaw Industries Group, Inc. (USA) 
  • Interface, Inc. (USA) 
  • Tarkett S.A. (France) 
  • Milliken & Company (USA) 
  • Beaulieu International Group (Belgium) 
  • Balta Group (Belgium) 
  • Victoria PLC (United Kingdom) 
  • Dixie Group, Inc. (USA) 
  • Oriental Weavers Group (Egypt) 
  • Suminoe Textile Co., Ltd. (Japan) 
  • Tai Ping Carpets International Limited (Hong Kong, China) 
  • Engineered Floors LLC (USA) 
  • Shandong Haima Carpet Co., Ltd. (China)

Recent Developments

  • In May 2020, Coalesse, a U.S.-based furniture brand under Steelcase, collaborated with Spanish rug manufacturer nanimarquina to launch the nanimarquina Collection. This luxury handcrafted carpet collection serves the residential and commercial markets, uniting traditional craft with contemporary styles. The alliance promotes sustainability and design excellence in high-end floor coverings.
  • In January 2025, Prada unveiled its 2025 Home Collection, including high-end carpets and rugs with rich patterns and fine materials. This expansion into high-end interior décor strengthens Prada’s presence in the home furnishings sector. The move reflects the growing luxury home décor market, redefining fashion-inspired flooring solutions for premium consumers.
  • In September 2021, Jaipur Rugs, a leading handmade carpet brand, opened a 160-square-meter flagship store in Milan, Italy. The new expansion increases its international presence by providing a rich variety of hand-knotted rugs. The store is testimony to increasing demand for luxury handcrafted carpets among Europeans, securing Jaipur Rugs' grip on the international market.

Carpets and Rugs Key Market Trends

Carpets and Rugs Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the global carpets and rugs industry is ready for long-term growth, fuelled by increasing consumer demand for home furnishings, innovation in green materials, and e-commerce growth in retail. Urbanization, rising disposable incomes, and shifting interior design fashions are also helping to drive the growth of the industry. Industry players are investing in green, customized, and technologically enabled products to meet the changing tastes of consumers.

 

Though raw material price volatility and competition from other floors remain, ongoing innovation in design and manufacturing guarantees the market's resilience. Ongoing infrastructure projects, especially in emerging markets, also propel demand in residential and commercial markets. With an increased focus on sustainability and innovation, the carpets and rugs market will be great, determining flooring trends globally in the future.

Report Metric Details
Market size value in 2023 USD 48.8 billion
Market size value in 2032 USD 63.67 billion
Growth Rate 3.0%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Product Type
    • Tufted
    • Woven
    • Needle-Punched
    • Knotted
    • and Others
  • Material
    • Nylon
    • Polyester
    • Polypropylene
    • and Others
  • End-Use Sector
    • Residential
    • Non-Residential
    • and Automotive & Transportation
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Mohawk Industries, Inc. (USA) 
  • Shaw Industries Group, Inc. (USA) 
  • Interface, Inc. (USA) 
  • Tarkett S.A. (France) 
  • Milliken & Company (USA) 
  • Beaulieu International Group (Belgium) 
  • Balta Group (Belgium) 
  • Victoria PLC (United Kingdom) 
  • Dixie Group, Inc. (USA) 
  • Oriental Weavers Group (Egypt) 
  • Suminoe Textile Co., Ltd. (Japan) 
  • Tai Ping Carpets International Limited (Hong Kong, China) 
  • Engineered Floors LLC (USA) 
  • Shandong Haima Carpet Co., Ltd. (China)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Carpets and Rugs Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Carpets and Rugs Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Carpets and Rugs Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Carpets and Rugs Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Carpets and Rugs Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

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FAQs

Global Carpets and Rugs Market size was valued at USD 78.12 Billion in 2023 poised to grow from USD 82.42 Billion in 2024 to USD 126.48 Billion by 2032, growing at a CAGR of 5.5% in the forecast period (2025-2032).

The global carpets and rugs market is highly competitive, with key players focusing on innovation, sustainability, and premium product offerings. Some of the major multinational firms are Mohawk Industries, Shaw Industries, Tarkett, Interface Inc., and Milliken & Company. These companies make investments in sustainable materials, cutting-edge manufacturing solutions, and strategic buys to build market share. Increased competition from regional makers and tailored product demand further propels industry transformation and render sustainability and durability as differentiators in the market. 'Mohawk Industries, Inc. (USA)', 'Shaw Industries Group, Inc. (USA)', 'Interface, Inc. (USA)', 'Tarkett S.A. (France)', 'Milliken & Company (USA)', 'Beaulieu International Group (Belgium)', 'Balta Group (Belgium)', 'Victoria PLC (United Kingdom)', 'Dixie Group, Inc. (USA)', 'Oriental Weavers Group (Egypt)', 'Suminoe Textile Co., Ltd. (Japan)', 'Brintons Carpets Limited (United Kingdom)', 'Tai Ping Carpets International Limited (Hong Kong, China)', 'Engineered Floors LLC (USA)', 'Shandong Haima Carpet Co., Ltd. (China)'

The growing trend of residential and commercial building works globally is the major growth driver for the global carpets and rugs market. Growth in urbanization, home restorations, and infrastructure is driving demand for quality, resistant, and fashion-forward flooring. Increasing real estate investments and latest interior design tendencies also drive growth in the market.

Rising Demand for Sustainable and Eco-Friendly Carpets: The global carpets and rugs market is seeing robust growth in green flooring options based on growing environmental consciousness. Companies are now using recyclable raw materials, biodegradable fibers, and low-VOC emissions to address consumer needs. Mohawk Industries and Interface Inc. are at the forefront of environmentally friendly carpets that use recycled plastics, organic pigments, and renewable resources. This trend is defining the future of the industry by encouraging green manufacturing methods and contributing to global sustainability initiatives.

North America dominates the global carpets and rugs market because of high consumer expenditures, robust building activity, and demand for superior flooring solutions. The U.S. is a key driver with cutting-edge manufacturing, green technologies, and an increase in home remodeling. Expanding commercial and residential projects reinforce the region's leadership even further.

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