Global Carpet and Rugs Market, By Material (Nylon, Polyester, Polypropylene, and Others), By Type (Tufted, Woven, Needle-Punched, Knotted, and Others), By End-user (Residential, Non-Residential, and Automotive & Transportation), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029.

Report Code: PMI430020 | Publish Date: August 2023 | No. of Pages: 144

Global Carpet And Rugs Market Overview

Carpets and rugs are mainly used for home or office decoration due to their artistic and functional properties. In addition, they are used as covering floors to provide a protective layer to floors. In cold climate regions, people mostly prefer rugs and carpets to prevent floor from not getting too cold. In developed economies, the demand for carpets and rugs is higher. The main application of the carpets and rugs is in commercial, industries, and residential.

Global Carpet And Rugs Market Dynamics

Growth in demand for eco-friendly carpets

Increased adoption of carpet tiles, growth in the demand for environment friendly carpets, and rising demand for contemporary area rugs, are likely to drive the global carpets and rugs market over the forecast period. Growing popularity of interior decoration between the consumers along with augmented interest of homeowners in comfortable houses and beautiful interiors has further boosted demand for carpets and rugs. Additionally, growing demand for biodegradable and natural products like jute is projected to propel the market in the coming years. Plush carpeting in the living rooms and bedrooms of houses together with physically comfortable environment is anticipated to support growth of the target market to a certain extent.

Adopting Different strategies

Key players are focusing for the sales of plush carpets through attractive branding and effective marketing strategies. Moreover, the global carpets and rugs market are projected to gain significant growth due to reasonable price, hassle-free installation, and attractive aesthetics.

However, the high cost of raw materials is a major challenge that may hamper the growth of the target market over the forecast period.

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Global Carpet And Rugs Market Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The global carpet and rugs market is segmented based on material, type, end-user, and region.

On the basis of material, the global carpet and rugs market is segmented into nylon, polyester, polypropylene, and others. On the basis of type, the target market is tufted, woven, needle-punched, knotted, and others. On the basis of end-user, the target market is classified into residential, non-residential, and automotive & transportation.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the global carpet and rugs market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America forecast dominating regions in the global carpets and rugs market and is projected to maintain with the same in the coming years. The fast expansion of the housing and construction activities across the region, mostly in the US is one of the key factors nurturing growth of the carpets and rugs market over the forecast period.

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Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Material - Nylon, Polyester, Polypropylene, and Others

By Type - Tufted, Woven, Needle-Punched, Knotted, and Others

By End-user - Residential, Non-Residential, and Automotive & Transportation

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest End-user trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global carpet and rugs market report based on material, type, end-user, and region.

Global Carpet and Rugs Market, By Material:

  • Nylon
  • Polyester
  • Polypropylene
  • Others

 Global Carpet and Rugs Market, By Type:

  • Tufted
  • Woven
  • Needle-Punched
  • Knotted
  • Others

Global Carpet and Rugs Market, By End-user:

  • Residential
  • Non-Residential
  • Automotive & Transportation

 Global Carpet and Rugs Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Carpet And Rugs Market Key Players

The key players operating the global carpet and rugs market includes Mohawk Industries, Inc., Victoria Plc, Dixie Group Incorporation, Tarkett S.A., Home Depot Inc., Ikea Group, Tai Ping Carpets International Limited, Milliken & Company, Interface Inc., and Oriental Weavers. Key players are focusing for the sales of plush carpets through attractive branding and effective marketing strategies coupled with acquisitions. For instance, In July 2018, US-based Mohawk Industries, Inc. has signed an acquisition of Godfrey Hirst Group. It is a protruding flooring company in New Zealand and Australia. Godfrey Hirst is one of the leading vertically integrated flooring operation in New Zealand and Australia. It offers modular carpet, hard surface, and broadloom products for both residential and commercial applications. The acquisition is mainly to strengthen the dominating position of Mohawk Industries across the globe.

Global Carpet And Rugs Market Company Profile

  • Mohawk Industries, Inc.
    • Company Overview
    • Type Material Portfolio
    • Key Highlights
    • Financial PerRaw Materialance
    • Business Strategies
  • Victoria Plc
  • Dixie Group Incorporation
  • Tarkett S.A.
  • Home Depot Inc.
  • Ikea Group
  • Tai Ping Carpets International Limited
  • Milliken & Company
  • Interface Inc.
  • Oriental Weavers

“*” marked represents similar segmentation in other categories in the respective section

Global Carpet And Rugs Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Carpet and Rugs Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Material
      • Market Snippet, By Type
      • Market Snippet, By End-user
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Carpet and Rugs Market, By Material, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Nylon
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Polyester
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Polypropylene
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  6. Global Carpet and Rugs Market, By Type, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Tufted
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Woven
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Needle-Punched
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Knotted
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  7. Global Carpet and Rugs Market, By End-user, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Residential
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Non-Residential
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Automotive & Transportation
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  8. Global Carpet and Rugs Market, By Region, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Material, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Material, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Material, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Material, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2020 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Material, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
      • Mohawk Industries, Inc.
        • Company Overview
        • Material Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Victoria Plc
      • Dixie Group Incorporation
      • Tarkett S.A.
      • Home Depot Inc.
      • Ikea Group
      • Tai Ping Carpets International Limited
      • Milliken & Company
      • Interface Inc.
      • Oriental Weavers
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The carpet and rugs market report is segmented into material, type, end-user, and region.

Factors driving market growth include the demand for aesthetic flooring solutions, innovations in carpet and rug design, and the influence of interior design trends.

Global restraints may involve competition from alternative flooring materials, environmental concerns related to carpet manufacturing, and challenges in recycling and disposal.

The report covers regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is expected to dominate the Carpet and Rugs Market, with a significantly high revenue share over the forecast period.

The key players operating the global carpet and rugs market includes Mohawk Industries, Inc., Victoria Plc, Dixie Group Incorporation, Tarkett S.A., Home Depot Inc., Ikea Group, Tai Ping Carpets International Limited, Milliken & Company, Interface Inc., and Oriental Weavers.