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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 111.95 billion by 2029 | 4.6% | North America |
| By Type | By Material | By End-User |
|---|---|---|
|
|
Residential
|
SCOPE OF THE REPORT
Carpets and Rugs Market Overview
The carpets and rugs market are expected to grow at 4.6% CAGR from 2020 to 2029. It is expected to reach above USD 111.95 billion by 2029 from USD 75.85 billion in 2020.
Carpets and rugs are widely used Because of their appealing appearance and usefulness, it is a supplement to floor coverings that improves the aesthetic appeal of a home or office’s interior overall. By providing an additional layer of padding, rugs and carpets shield floors. For those who live in cold areas, rugs and carpets are a blessing since they prevent the floor from being too chilly. Rugs and carpets are mostly used in commercial, residential, and industrial settings. The demand for carpets and rugs is stronger in developed economies.
Any decorative textile that is thickly woven and is typically used as a floor covering, such as a rug or carpet. Rugs are generally used as partial floor coverings as opposed to carpet, which is typically fastened to the floor and covers it from wall to wall. Nonetheless, the terms rug and carpet are frequently used interchangeably in relation to handmade carpets.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD BILLION) (THOUSAND UNITS) |
| Segmentation | By Type, By Material, By End-User, By Region |
| By Type |
|
| By Material |
|
| By End-User |
|
| By Region |
|
There has been significant expansion over the past few years, in the worldwide carpet and rug market, which is due to a number of causes. Throughout the projected period, it is anticipated that rising consumer preference for interior decorations together with rising per capita disposable income will fuel the expansion of the worldwide carpets and rugs market One of the major factors driving the growth of the global carpets and rugs market is the expansion of the transportation and construction industries.
The worldwide carpets and rugs industry are expected to be driven by consumers’ preference for non-geometric designer patterns and eye-catching vibrant colors in carpets and rugs in the upcoming years. According to estimates, market trends will have an impact on the global carpet and rug industry. In the next years, the worldwide carpets and rugs market is expected to be driven by rising demand for eco-friendly carpets, expanding demand for modern area rugs, and rising use of carpet tiles. In recent years, improvements have concentrated on making the items more durable, adaptable, and environmentally friendly while also making them simpler to install and maintain.
Due to an increase in construction activity in developing economies and the breadth of interior designing, the Carpets and Rugs Market exhibits promising growth in the near future. Also, during the anticipated time, there is a favorable market potential due to the organized retailing sector’s expanding prominence.
The market is constrained by the high cost of the raw materials used to make carpets and rugs. It can be difficult to dispose of the trash from mass production, which also includes colored compounds. Another difficulty faced by the market’s dealers is the higher taxes that some nations have imposed on the trading in carpets and rugs.
The COVID-19 epidemic put pressure on the world carpet tile market because of the lockdown in 2020, which limited the development of new homes and construction projects. Due to economic uncertainty and purchasing power parity, the lockdown restrictions had a negative impact on new carpet tile flooring purchases. Nonetheless, it is projected that the market would recover during the forecast period as a result of the shifting circumstances and consumer attitudes towards the pandemic.
Carpets and Rugs Market Segment Analysis
Based on Type, the carpet market is divided into knotted pile, needle felt, woven, tufted, and other types of carpets. Due to the wide availability of diverse colored and textured knotted pile carpets around the world, the knotted pile carpets sector is anticipated to occupy a significant proportion of the market. Moreover, knotted pile carpets are entirely handmade textiles. Because they do not cause skin itching issues owing to the use of glue or chemicals in the design of the carpets, as opposed to other product kinds, people are more likely to prefer to use such carpets.
Based on Material Natural and synthetic fibers are the two market segments. Due to the greater durability of carpets made of synthetic fibers including nylon, olefin, polyester, and acrylic, among others, the synthetic fibers sector is anticipated to occupy a significant proportion of the market. Also, customers overwhelmingly choose purchasing carpets made of these materials since they are easier to clean and more stain-resistant than carpets made of natural fibers.
Based on End-User, the market is bifurcated into Residential, Non-residential, and Automotive & transportation. The residential segment has the highest market growth rate as it is used to strengthen the aesthetic appeal of a room and sound & thermal insulation. Carpets are available in a variety of colors and textures to complement any decor.
Carpets and Rugs Market Players
The Carpets and Rugs market key players Mohawk Industries, Shaw Industries Group, Lowes Companies, Tarkett S.A, Dixie Group, Interface, Tai ping Carpets, Victoria PLC, Home Depot.
Recent developments:
- 03-06-2022: – – Mohawk Industries, Inc. announced that it had entered into an agreement to purchase the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) for approximately $293 million in cash. The transaction is closed in the second half of 2022 and is subject to the approval of GIS’s shareholders, as well as customary government approvals and closing conditions. The Vitromex business is expected to be accretive to Mohawk’s earnings.
- 20-10-2023: – Interface, Inc. a worldwide commercial flooring company and global leader in sustainability, unveiled its latest collection, Embodied Beauty™. The collection offered a variety of carpet tile designs inspired by and manufactured to respect nature. Consistent with the company’s Climate Take Back™ mission and commitment to lower the carbon footprints of its products, all seven styles of Embodied Beauty are carbon neutral across their full product life cycle through the Carbon Neutral Floors™ program
Who Should Buy? Or Key stakeholders
- Carpets and Rugs Suppliers
- Manufacturing
- Construction
- Home Appliances
- Investors
- Others
Carpets and Rugs Market Regional Analysis
The Carpets and Rugs market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America has been one of the main regions in the world market for carpets and rugs, accounting for 33% of the total market, and it is anticipated that this trend would continue in the years to come. One of the main causes fueling the growth of the carpets and rugs market in the near future is the rapid expansion of the construction and housing activities across the area, particularly in the United States. One of the key drivers of the growing carpet and rug business in the United States is the high customer interest in interior design. In addition, the large demand for carpets and rugs over the past few years has been caused by rising renovation and remodeling activities in the US real estate sectors.
Asia Pacific is anticipated to represent the second-largest value share of the worldwide carpets & rugs market. The main causes of this are the expansion of residential and commercial development projects as well as the rise in local residents’ disposable income. China and India are two of the top producers and exporters of carpets worldwide. The largest textile industry in the world is also located in Asia and the Pacific.
Key Market Segments: Carpets and Rugs Market
Carpets And Rugs Market By Type, 2020-2029, (Usd Billion) (Thousand Units)
- Tufted
- Woven
- Needle-Punched
- Knotted
Carpets And Rugs Market By Material, 2020-2029, (Usd Billion) (Thousand Units)
- Nylon
- Polyester
- Polypropylene
Carpets And Rugs Market By End-User 2020-2029, (Usd Billion) (Thousand Units)
- Residential
- Non-Residential
- Automotive & Transportation
Carpets And Rugs Market By Region, 2020-2029, (Usd Billion) (Thousand Units)
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the carpets and rugs market over the next 7 years?
- Who are the major players in the carpets and rugs market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the carpets and rugs market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the carpets and rugs market?
- What is the current and forecasted size and growth rate of the global carpets and rugs market?
- What are the key drivers of growth in the carpets and rugs market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the carpets and rugs market?
- What are the technological advancements and innovations in the carpets and rugs market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the carpets and rugs market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the carpets and rugs market?
- What are the service offerings and specifications of leading players in the market?
- What is the pricing trend of carpets and rugs in the market and what is the impact of raw material prices on the price trend?
Table of Content
- CINTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL CARPETS AND RUGS OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON CARPETS AND RUGS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL CARPETS AND RUGS OUTLOOK
- GLOBAL CARPETS AND RUGS MARKET BY TYPE (USD BILLION) (THOUSAND UNITS) 2020-2029
- TUFTED
- WOVEN
- NEEDLE-PUNCHED
- KNOTTED
- GLOBAL CARPETS AND RUGS MARKET BY MATERIAL (USD BILLION) (THOUSAND UNITS) 2020-2029
- NYLON
- POLYESTER
- POLYPROPYLENE
- GLOBAL CARPETS AND RUGS MARKET BY END USE (USD BILLION) (THOUSAND UNITS) 2020-2029
- RESIDENTIAL
- NON-RESIDENTIAL
- AUTOMOTIVE & TRANSPORTATION
- GLOBAL CARPETS AND RUGS MARKET BY REGION (USD BILLION) (THOUSAND UNITS) 2020-2029
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- MOHAWK INDUSTRIES
- SHAW INDUSTRIES GROUP
- LOWES COMPANIES
- TAEKETT S.A
- DIXIE GROUP
- INTERFACE
- TAI PING CARPETS
- VICTORIA PLC
- HOME DEPOT *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 2 GLOBAL CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 3 GLOBAL CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 4 GLOBAL CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 5 GLOBAL CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 6 GLOBAL CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 7 GLOBAL CARPETS AND RUGS MARKET BY REGION (USD BILLION) 2020-2029
TABLE 8 GLOBAL CARPETS AND RUGS MARKET BY REGION (THOUSAND UNITS) 2020-2029
TABLE 9 NORTH AMERICA CARPETS AND RUGS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 10 NORTH AMERICA CARPETS AND RUGS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 11 US CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 12 US CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 13 US CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 14 US CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 15 US CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 16 US CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 17 CANADA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 18 CANADA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 19 CANADA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 20 CANADA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 21 CANADA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 22 CANADA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 23 MEXICO CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 24 MEXICO CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 25 MEXICO CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 26 MEXICO CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 27 MEXICO CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 28 MEXICO CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 29 SOUTH AMERICA CARPETS AND RUGS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 30 SOUTH AMERICA CARPETS AND RUGS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 31 BRAZIL CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 32 BRAZIL CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 33 BRAZIL CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 34 BRAZIL CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 35 BRAZIL CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 36 BRAZIL CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 37 ARGENTINA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 38 ARGENTINA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 39 ARGENTINA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 40 ARGENTINA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 41 ARGENTINA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 42 ARGENTINA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 43 COLOMBIA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 44 COLOMBIA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 45 COLOMBIA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 46 COLOMBIA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 47 COLOMBIA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 48 COLOMBIA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 49 REST OF SOUTH AMERICA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 50 REST OF SOUTH AMERICA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 51 REST OF SOUTH AMERICA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 52 REST OF SOUTH AMERICA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 53 REST OF SOUTH AMERICA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 54 REST OF SOUTH AMERICA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 55 ASIA-PACIFIC CARPETS AND RUGS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 56 ASIA-PACIFIC CARPETS AND RUGS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 57 INDIA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 58 INDIA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 59 INDIA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 60 INDIA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 61 INDIA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 62 INDIA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 63 CHINA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 64 CHINA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 65 CHINA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 66 CHINA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 67 CHINA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 68 CHINA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 69 JAPAN CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 70 JAPAN CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 71 JAPAN CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 72 JAPAN CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 73 JAPAN CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 74 JAPAN CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 75 SOUTH KOREA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 76 SOUTH KOREA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 77 SOUTH KOREA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 78 SOUTH KOREA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 79 SOUTH KOREA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 80 SOUTH KOREA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 81 AUSTRALIA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 82 AUSTRALIA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 83 AUSTRALIA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 84 AUSTRALIA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 85 AUSTRALIA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 86 AUSTRALIA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 87 SOUTH-EAST ASIA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 88 SOUTH-EAST ASIA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 89 SOUTH-EAST ASIA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 90 SOUTH-EAST ASIA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 91 SOUTH-EAST ASIA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 92 SOUTH-EAST ASIA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 93 REST OF ASIA PACIFIC CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 94 REST OF ASIA PACIFIC CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 95 REST OF ASIA PACIFIC CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 96 REST OF ASIA PACIFIC CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 97 REST OF ASIA PACIFIC CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 98 REST OF ASIA PACIFIC CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 99 EUROPE CARPETS AND RUGS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 100 EUROPE CARPETS AND RUGS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 101 GERMANY CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 102 GERMANY CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 103 GERMANY CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 104 GERMANY CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 105 GERMANY CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 106 GERMANY CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 107 UK CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 108 UK CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 109 UK CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 110 UK CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 111 UK CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 112 UK CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 113 FRANCE CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 114 FRANCE CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 115 FRANCE CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 116 FRANCE CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 117 FRANCE CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 118 FRANCE CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 119 ITALY CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 120 ITALY CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 121 ITALY CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 122 ITALY CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 123 ITALY CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 124 ITALY CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 125 SPAIN CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 126 SPAIN CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 127 SPAIN CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 128 SPAIN CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 129 SPAIN CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 130 SPAIN CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 131 RUSSIA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 132 RUSSIA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 133 RUSSIA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 134 RUSSIA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 135 RUSSIA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 136 RUSSIA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 137 REST OF EUROPE CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 138 REST OF EUROPE CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 139 REST OF EUROPE CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 140 REST OF EUROPE CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 141 REST OF EUROPE CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 142 REST OF EUROPE CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 143 MIDDLE EAST AND AFRICA CARPETS AND RUGS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 144 MIDDLE EAST AND AFRICA CARPETS AND RUGS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 145 UAE CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 146 UAE CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 147 UAE CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 148 UAE CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 149 UAE CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 150 UAE CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 151 SAUDI ARABIA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 152 SAUDI ARABIA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 153 SAUDI ARABIA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 154 SAUDI ARABIA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 155 SAUDI ARABIA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 156 SAUDI ARABIA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 157 SOUTH AFRICA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 158 SOUTH AFRICA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 159 SOUTH AFRICA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 160 SOUTH AFRICA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 161 SOUTH AFRICA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 162 SOUTH AFRICA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 163 REST OF MIDDLE EAST AND AFRICA CARPETS AND RUGS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 164 REST OF MIDDLE EAST AND AFRICA CARPETS AND RUGS MARKET BY TYPE (THOUSAND UNITS) 2020- 2029
TABLE 165 REST OF MIDDLE EAST AND AFRICA CARPETS AND RUGS MARKET BY MATERIALS (USD BILLION) 2020-2029
TABLE 166 REST OF MIDDLE EAST AND AFRICA CARPETS AND RUGS MARKET BY MATERIALS (THOUSAND UNITS) 2020-2029
TABLE 167 REST OF MIDDLE EAST AND AFRICA CARPETS AND RUGS MARKET BY END USER (USD BILLION) 2020-2029
TABLE 168 REST OF MIDDLE EAST AND AFRICA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 169 REST OF MIDDLE EAST AND AFRICA CARPETS AND RUGS MARKET BY END USER (THOUSAND UNITS) 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL CARPETS AND RUGS BY TYPE, USD BILLION, 2020-2029
FIGURE 9 GLOBAL CARPETS AND RUGS BY END USER, USD BILLION, 2020-2029
FIGURE 10 GLOBAL CARPETS AND RUGS BY MATERIAL, USD BILLION, 2020-2029
FIGURE 11 GLOBAL CARPETS AND RUGS BY REGION, USD BILLION, 2020-2029
FIGURE 12 GLOBAL CARPETS AND RUGS BY TYPE, USD BILLION, 2021
FIGURE 13 GLOBAL CARPETS AND RUGS BY END USER, USD BILLION, 2021
FIGURE 14 GLOBAL CARPETS AND RUGS BY MATERIAL USD BILLION, 2021
FIGURE 15 GLOBAL CARPETS AND RUGS BY REGION, USD BILLION, 2021
FIGURE 16 PORTER’S FIVE FORCES MODEL
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 MOHAWK INDUSTRIES: COMPANY SNAPSHOT
FIGURE 19 SHAW INDUSTIRES GROUP: COMPANY SNAPSHOT
FIGURE 20 LOWES COMPANIES: COMPANY SNAPSHOT
FIGURE 21 TAEKETT: COMPANY SNAPSHOT
FIGURE 22 DIXIE GROUP: COMPANY SNAPSHOT
FIGURE 23 TAI PING CARPETS: COMPANY SNAPSHOT
FIGURE 24 VICTORIA PLC: COMPANY SNAPSHOT
FIGURE 25 HOME DEPOT: COMPANY SNAPSHOT
FAQ
The carpets and rugs market are expected to grow at 4.6% CAGR from 2020 to 2029. It is expected to reach above USD 111.95 billion by 2029 from USD 75.85 billion in 2020.
North America held more than 33 % of the Carpets and Rugs market revenue share in 2021 and will witness expansion in the forecast period.
There has been significant expansion over the past few years, in the worldwide carpet and rug market, which is due to a number of causes. Throughout the projected period, it is anticipated that rising consumer preference for interior decorations together with rising per capita disposable income will fuel the expansion of the worldwide carpets and rugs market One of the major factors driving the growth of the global carpets and rugs market is the expansion of the transportation and construction industries.
Based on Type, the carpet market is divided into knotted pile, needle felt, woven, tufted, and other types of carpets. Due to the wide availability of diverse colored and textured knotted pile carpets around the world, the knotted pile carpets sector is anticipated to occupy a significant proportion of the market. Moreover, knotted pile carpets are entirely handmade textiles. Because they do not cause skin itching issues owing to the use of glue or chemicals in the design of the carpets, as opposed to other product kinds, people are more likely to prefer to use such carpets.
North America has been one of the main regions in the world market for carpets and rugs, accounting for 33% of the total market, and it is anticipated that this trend would continue in the years to come. One of the main causes fueling the growth of the carpets and rugs market in the near future is the rapid expansion of the construction and housing activities across the area, particularly in the United States. One of the key drivers of the growing carpet and rug business in the United States is the high customer interest in interior design. In addition, the large demand for carpets and rugs over the past few years has been caused by rising renovation and remodeling activities in the US real estate sectors.
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