Carpets and Rugs Market Set for Significant Growth, with a Forecasted CAGR of 5.5% By 2032

Carpets and Rugs Market

Carpets and Rugs Market

Carpets and Rugs Market Research Report Information by Product Type, by MATERIAL, by End Users, And by Region

NEW YORK, NY, UNITED STATES, February 15, 2025 /EINPresswire.com/ --
๐‚๐š๐ซ๐ฉ๐ž๐ญ๐ฌ ๐š๐ง๐ ๐‘๐ฎ๐ ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ
In 2023, Carpets and Rugs Market Size was estimated to be worth USD 78.12 billion. With a compound annual growth rate (CAGR) of 5.5% from 2024 to 2032, the carpets and rugs market is expected to increase from USD 82.12 billion in 2024 to USD 120 billion by 2032. The market for carpets and rugs is probably going to be driven by the growing need for new housing facilities linked to global home dรฉcor trends.

The Carpets and Rugs Market is an essential segment of the home and commercial furnishing industry, contributing significantly to interior design and aesthetic appeal. With the rise of smart homes, eco-friendly products, and increasing disposable incomes, the demand for high-quality carpets and rugs is on the rise. The market is further driven by innovations in fiber technology, stain-resistant materials, and sustainable production practices.

"๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ" - ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐š ๐œ๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐ž๐ง๐ญ๐š๐ซ๐ฒ ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐จ๐ฎ๐ซ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ข๐ญ๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.marketresearchfuture.com/sample_request/4154

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž
The Carpets and Rugs Market is characterized by intense competition, with major players investing in product innovation, sustainable production, and global expansion strategies.
Key market participants include:
โ€ข Mohawk Industries, Inc. (US)
โ€ข Shaw Industries Group Inc., (US)
โ€ข Genie Carpet Manufacturers (India)
โ€ข Beaulieu International Group (Belgium)
โ€ข Lowe's (US)
โ€ข Taekett (France)
โ€ข Interface, Inc. (US)
โ€ข Dixie Group, Inc. (US)
โ€ข Orientals Weavers (Egypt)
These industry leaders focus on product differentiation, sustainability, and digital sales channels to strengthen their market presence and meet evolving consumer demands.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง
The research report categorizes the Carpets and Rugs Market by product type, material, end-user applications, and regional markets, providing stakeholders with a detailed understanding of market trends and opportunities.

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:
The market is segmented into:
โ€ข Woven Carpets and Rugs โ€“ Crafted using traditional weaving techniques, these products are highly durable and known for their intricate designs, making them a preferred choice for premium and luxury markets.
โ€ข Tufted Carpets and Rugs โ€“ Offering a balance of affordability and style, tufted carpets dominate the market due to their ease of production and diverse design options.
โ€ข Knotted Carpets and Rugs โ€“ Recognized for their craftsmanship and high durability, knotted carpets appeal to consumers looking for handcrafted and artistic home dรฉcor pieces.
โ€ข Needle-Punched Carpets and Rugs โ€“ These carpets are primarily used in commercial applications due to their resilience, making them ideal for high-traffic areas.
โ€ข Others โ€“ This category includes hybrid and specialized carpets that incorporate unique textures and designs for niche applications.

"๐๐ฎ๐ฒ ๐๐จ๐ฐ" - ๐“๐š๐ค๐ž ๐ข๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐š๐œ๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐š๐ฅ๐ฅ ๐ญ๐ก๐ž ๐ฏ๐š๐ฅ๐ฎ๐š๐›๐ฅ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ข๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ:
https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=4154

๐๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ:
The market is further classified based on the type of material used in production:
โ€ข Nylon โ€“ A leading material choice for carpets, nylon offers durability, stain resistance, and affordability, making it highly popular in both residential and commercial sectors.
โ€ข Polyester โ€“ Known for its soft texture and vibrant colors, polyester carpets are gaining traction, especially in households seeking luxurious yet budget-friendly options.
โ€ข Polypropylene โ€“ Highly resistant to moisture and mildew, polypropylene carpets are widely used in outdoor and commercial settings.
โ€ข Cotton โ€“ A natural fiber that offers softness and eco-friendly appeal, cotton-based rugs are popular in sustainable and organic dรฉcor markets.
โ€ข Wool โ€“ Valued for its insulation properties and high-end appeal, wool carpets continue to be a preferred choice in luxury home and hospitality applications.
โ€ข Silk โ€“ Premium silk carpets cater to the high-end luxury market, offering unparalleled elegance and intricate designs.
โ€ข Jute โ€“ As sustainability trends gain momentum, jute carpets and rugs are emerging as an eco-friendly and biodegradable alternative.
โ€ข Others โ€“ The category includes hybrid materials and innovative fiber blends designed for durability and enhanced aesthetic appeal.

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ๐ฌ:
โ€ข Residential โ€“ The increasing demand for stylish, comfortable, and functional home dรฉcor has boosted carpet and rug sales in the residential sector. Rising urbanization, growing homeownership rates, and a preference for customized interiors contribute to this segmentโ€™s growth.
โ€ข Commercial โ€“ Office spaces, hospitality industries, retail centers, and institutional buildings extensively use carpets and rugs for both aesthetic and functional purposes, driving demand in the commercial sector.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The market research report provides an in-depth geographical analysis, highlighting growth trends, opportunities, and key market players across various regions.
โ€ข North America: The region holds a substantial market share due to strong consumer spending on home dรฉcor, an established real estate sector, and the presence of leading carpet manufacturers. The U.S. dominates the market with a high demand for both residential and commercial carpets.
โ€ข Europe: A combination of modern design trends and traditional craftsmanship drives the European market. Countries like Germany, the UK, and France are key contributors to industry growth, with a notable preference for sustainable and eco-friendly carpeting solutions.
โ€ข Asia-Pacific: The region is experiencing rapid market expansion, driven by increasing urbanization, rising disposable incomes, and growing interest in home aesthetics. China, India, and Japan are leading markets, with a strong focus on cost-effective and high-quality products.
โ€ข Rest of the World: Emerging economies across Latin America, the Middle East, and Africa present significant growth opportunities. The increasing penetration of global brands and rising awareness of interior dรฉcor trends are fueling market demand.

"๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ" - ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ'๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ, ๐ฌ๐ž๐œ๐ญ๐ข๐จ๐ง๐ฌ, ๐š๐ง๐ ๐ค๐ž๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐›๐ซ๐จ๐ฐ๐ฌ๐ข๐ง๐  ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ข๐ญ๐ฌ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง:
https://www.marketresearchfuture.com/reports/carpet-and-rugs-market-4154

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ
Several factors contribute to the projected growth of the Carpets and Rugs Market, including:
โ€ข Growing Consumer Interest in Home Dรฉcor: With rising disposable incomes and an increasing emphasis on personalized living spaces, homeowners are investing in high-quality, stylish carpets and rugs.
โ€ข Technological Innovations in Manufacturing: Advanced weaving techniques, stain-resistant coatings, and smart textile technologies are transforming the industry and expanding product capabilities.
โ€ข Sustainability and Eco-Friendly Materials: The growing awareness of environmental concerns has led to a shift towards biodegradable, recycled, and natural fiber-based carpets and rugs.
โ€ข Expansion of E-Commerce and Online Retailing: The rise of digital shopping platforms has made it easier for consumers to explore a wide range of designs and materials, fueling global market sales.
โ€ข Increasing Demand from the Hospitality and Commercial Sectors: Hotels, corporate offices, and retail establishments continue to invest in high-quality carpeting solutions for enhanced aesthetics and comfort.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
The Carpets and Rugs Market is expected to witness substantial growth over the forecast period, with increasing innovations in textile technology and design aesthetics. Emerging trends such as smart carpets, antimicrobial materials, and AI-driven customization are set to redefine the industry. Furthermore, eco-conscious manufacturing, circular economy initiatives, and sustainable sourcing are likely to shape future market developments.

๐“๐€๐๐‹๐„ ๐Ž๐… ๐‚๐Ž๐๐“๐„๐๐“๐’
EXECUTIVE SUMMARY
MARKET INTRODUCTION
RESEARCH METHODOLOGY
MARKET DYNAMICS
MARKET FACTOR ANALYSISโ€ฆ.

Discover more Research Reports on ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ-๐š๐ง๐-๐‘๐ž๐ญ๐š๐ข๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ, by Market Research Future:

๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ
https://www.marketresearchfuture.com/reports/eyewear-market-7999

๐’๐ฎ๐ง ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ
https://www.marketresearchfuture.com/reports/sun-care-products-market-6798

๐Œ๐ž๐š๐ฅ ๐Š๐ข๐ญ ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ
https://www.marketresearchfuture.com/reports/meal-kit-delivery-services-market-6797

๐๐ž๐š๐ซ๐ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ
https://www.marketresearchfuture.com/reports/beard-care-products-market-7241

๐Œ๐š๐ญ๐ญ๐ซ๐ž๐ฌ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ
https://www.marketresearchfuture.com/reports/mattress-market-7706

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

Market Research Future
Market Research Future
+1 855-661-4441
email us here
Visit us on social media:
Facebook
X
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.