Global Rugs & Carpets Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Woven, Tufted, Knotted, Needle-Punched and Others.

By Material Type;

Nylon, Polyester, Polypropylene, Cotton, Wool, Silk, Jute and Others.

By Application;

Residential and Commercial.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn365045976 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Rugs & Carpets Market (USD Million), 2021 - 2031

In the year 2024, the Global Rugs & Carpets Market was valued at USD 108,614.96 million. The size of this market is expected to increase to USD 162,439.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.

The Global Rugs & Carpets Market encompasses a diverse range of floor coverings that serve both functional and aesthetic purposes in residential, commercial, and institutional spaces worldwide. Rugs and carpets have long been integral elements of interior decor, offering warmth, comfort, and visual appeal while also providing practical benefits such as noise reduction and floor protection.

This market is characterized by a wide variety of materials, styles, sizes, and designs, catering to diverse consumer preferences and interior design trends across different regions and market segments.

As a fundamental component of interior design, the Global Rugs & Carpets Market is influenced by various factors, including shifting consumer lifestyles, economic conditions, fashion trends, and technological advancements. In recent years, the market has witnessed growing demand for rugs and carpets that offer both style and sustainability, reflecting consumers' increasing emphasis on eco-friendly and socially responsible purchasing decisions. Moreover, the rise of e-commerce and digital marketing platforms has facilitated greater accessibility and convenience for consumers, driving the expansion of online sales channels and reshaping the competitive landscape of the global market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Material Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Rugs & Carpets Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Home Decoration and Interior Design
        2. Growth in Residential and Commercial Construction Activities
        3. Increasing Disposable Income and Urbanization Rates
        4. Shifting Consumer Preferences towards Soft Flooring Solutions
        5. Innovation in Design, Materials, and Manufacturing Processes
      2. Restraints
        1. Volatility in Raw Material Prices, Particularly Natural Fibers
        2. Competition from Alternative Flooring Solutions such as Hardwood and Vinyl
        3. Environmental Concerns Regarding Chemicals and Emissions in Carpet Manufacturing
        4. Regulatory Standards and Compliance Requirements
      3. Opportunities
        1. Expansion of Online Retail Channels and Digital Marketing Strategies
        2. Growing Demand for Sustainable and Eco-Friendly Carpets
        3. Penetration into Emerging Markets with Rising Middle-Class Population
        4. Customization and Personalization Trends in Home Decor
        5. Adoption of Innovative Technologies for Enhanced Product Development and Marketing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competetive Rivalry
  5. Market Segmentation
    1. Global Rugs & Carpets Market, By Type, 2021 - 2031 (USD Million)
      1. Woven
      2. Tufted
      3. Knotted
      4. Needle-punched
      5. Others
    2. Global Rugs & Carpets Market, By Material Type, 2021 - 2031 (USD Million)
      1. Nylon
      2. Polyester
      3. Polypropylene
      4. Cotton
      5. Wool
      6. Silk
      7. Jute
      8. Others
    3. Global Rugs & Carpets Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
    4. Global Rugs & Carpets Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. North America
          1. United States
          2. Canada
        2. Europe
          1. Germany
          2. United Kingdom
          3. France
          4. Italy
          5. Spain
          6. Nordic
          7. Benelux
          8. Rest of Europe
        3. Asia Pacific
          1. Japan
          2. China
          3. India
          4. Australia/New Zealand
          5. South Korea
          6. ASEAN
          7. Rest of Asia Pacific
        4. Latin America
          1. Brazil
          2. Mexico
          3. Argentina
          4. Rest of Latin America
        5. Middle East & Africa
          1. GCC
          2. Israel
          3. South Africa
          4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Mohawk Industries Inc.
      2. Victoria PLC
      3. Tarkett SA
      4. Shaw Industries
      5. Milliken
  7. Analyst Views
  8. Future Outlook of the Market