Carpet Market Grow with a CAGR of 3.28% through 2030
The Global Carpet Market is
growing due to rising construction activity, growing demand for interior
aesthetics, and increasing preference for soft flooring.
According to
TechSci Research report, “Carpet Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the global Carpet
Market stood at USD 64.94
Billion in 2024 and is expected to grow USD 78.81
Billion by 2030 with a CAGR of 3.28% during the forecast period. The
global carpet market continues to evolve, shaped by changing consumer
preferences, technological innovations, and growing awareness of
sustainability. Carpets remain a preferred flooring solution due to their
aesthetic appeal, insulation benefits, and comfort underfoot. As urbanization
and residential construction expand globally, particularly in emerging markets,
the demand for carpets in both new and renovated spaces is rising steadily.
Carpets are not only valued for their decorative qualities but also for their
ability to absorb noise and retain heat, which contributes to energy efficiency
in homes and commercial buildings. From luxurious wool carpets in high-end
interiors to affordable synthetic options in middle-income households, the
market caters to a wide range of consumer needs.
A
key growth driver in the market is the rise in eco-conscious consumption, which
has led to increased demand for carpets made from sustainable, recycled, or
biodegradable materials. Consumers, especially in developed regions, are more
inclined to choose carpets that align with their environmental values. In
response, manufacturers are investing in eco-friendly innovations such as
low-VOC emissions, closed-loop recycling, and the use of natural fibers like
jute and wool. Certification systems such as LEED and Green Label Plus are
becoming influential in purchasing decisions, particularly in commercial and
institutional sectors. This shift is prompting brands to focus on transparent
sourcing, greener manufacturing processes, and sustainable product lines to
maintain their competitive edge.
Technological
advancements are also reshaping the global carpet industry, enhancing product
functionality, design flexibility, and installation ease. Modern carpets are
being developed with features like stain resistance, antimicrobial properties,
and moisture control, making them more practical for diverse environments such
as healthcare facilities, schools, offices, and homes with pets or children.
The adoption of solution-dyed fibers and high-definition tufting technologies
has expanded design possibilities, allowing for greater customization and
aesthetic variety.
Browse
over xx market data figures spread through xx Pages and an in-depth TOC on
"Global Carpet Market”
The global Carpet
Market is segmented into material, application, and region.
Based on material,
Polyester is the fastest-growing fiber type in the global carpet market, owing
to its affordability, stain resistance, and vibrant color retention. Widely
used in residential applications, polyester carpets offer a soft texture and a
luxurious feel at a lower cost compared to nylon, making them attractive to
budget-conscious consumers. Technological advancements, particularly in
solution-dyed polyester, have improved its durability and fade resistance,
expanding its appeal in high-traffic areas. Moreover, polyester is often made
from recycled materials like plastic bottles, aligning with the growing demand
for sustainable and eco-friendly flooring solutions. As environmental awareness
rises and consumers seek cost-effective yet stylish options, polyester continues
to gain traction as the preferred carpet fiber in both developed and emerging
markets.
Based
on region, Asia Pacific is emerging as the fastest-growing region in the global
carpet market, driven by rapid urbanization, increasing construction
activities, and rising disposable incomes across countries like China, India,
and Southeast Asian nations. The growing middle-class population and shifting
lifestyle preferences have led to a surge in demand for modern, comfortable,
and visually appealing flooring solutions. Residential and commercial
construction booms, especially in metropolitan areas, are fueling carpet
installations in homes, offices, hotels, and public infrastructure.
Additionally, expanding e-commerce platforms and increased awareness of
interior aesthetics are boosting product accessibility and adoption. Local
manufacturers are also investing in advanced technologies and eco-friendly
production to meet rising demand, further propelling the region’s growth in the
global carpet industry.
Major companies
operating in the global Carpet Market are:
- Mohawk
Industries, Inc.
- Berkshire
Hathaway, Inc.
- Tarkett
S.A.
- The
Dixie Group
- Mannington
Mills, Inc.
- Brumark
Corporation
- Dorsett
Industries
- Armstrong
Flooring, Inc.
- Balta
Group
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“The global carpet market is driven by
rising construction activities, growing demand for interior aesthetics,
increasing adoption of soft and insulating flooring, and a shift toward
eco-friendly materials. Technological advancements have enhanced product
performance through stain resistance, antimicrobial features, and design
flexibility. Modular carpet tiles are gaining popularity for their ease of
installation and maintenance. Customization and digital design tools are
influencing consumer preferences.,” said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“Carpet Market – Global
Industry Size, Share, Trends, Opportunity and Forecast, By Material (Nylon,
Polyester, Polypropylene, Others), By Application (Residential, Commercial), By
Region & Competition, 2020-2030F”, has evaluated
the future growth potential of global Carpet Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and opportunities
in the global Carpet Market.
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