Global Carpet Market Size and Forecast 2025–2033

According to Renub Research Latest Report carpet market is projected to grow from USD 74.73 billion in 2025 to USD 114.43 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 5.47% between 2025 and 2033. Growth in this market is primarily fueled by rising consumer demand for home décor, advances in carpet materials, and increased construction activity worldwide. As the interior design industry continues to expand, carpets have become both functional and decorative elements, offering comfort, warmth, and aesthetic appeal.

Global Carpet Market Overview

A carpet is a soft textile floor covering composed of a pile of fibers attached to a backing material, providing cushioned, comfortable surfaces. Pile materials commonly include wool, nylon, polyester, and polypropylene, while designs and textures vary widely, allowing carpets to serve as versatile solutions for residential, commercial, and industrial applications.

The carpet industry has undergone significant transformation in recent years due to changing consumer preferences and technological advancements. Innovations such as digital printing technologies have enabled manufacturers to offer highly customized and elaborate designs that were previously difficult to produce. Simultaneously, growing environmental awareness has encouraged manufacturers to adopt recycled and natural fibers, such as wool, jute, and bamboo, aligning with the global demand for eco-friendly products.

Advantages of Carpets in Modern Spaces

Carpets provide a wide range of benefits across various applications:

Interior Enhancement: Adds warmth, comfort, and visual appeal to living and working spaces.

Acoustic Improvement: Absorbs sound, making carpets ideal for offices, hotels, and homes.

Insulation: Helps regulate indoor temperatures, potentially lowering energy costs.

Safety: Reduces slips and falls compared to hard flooring.

Variety: Available in diverse materials, designs, and textures to suit multiple tastes and budgets.

Recent developments in stain-resistant and eco-friendly carpets have enhanced durability and sustainability, further increasing adoption in residential, commercial, and industrial projects.

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SWOT Analysis of the Global Carpet Market

Strengths:

Varied product range catering to diverse consumer preferences

Comfort, insulation, and sound absorption benefits

High demand in construction, renovation, and interior design

Ability to offer customized carpets for specific functional or aesthetic needs

Established market presence of long-standing brands with international reach

Weaknesses:

Requires regular maintenance due to stains and wear

Environmental concerns from non-biodegradable materials

Potential for trapping dust, moisture, and allergens

High competition from alternative flooring solutions like hardwood and laminate

Slower innovation in traditional manufacturing compared to other industries

Opportunities:

Rising demand for green and sustainable carpets

Urbanization and growing construction in emerging markets

Expansion of digital and e-commerce channels

Integration of smart technology into carpets for energy monitoring and protection

Growing demand from hotels, offices, and public spaces

Threats:

Increased raw material costs for wool, nylon, and synthetic fibers

Minimalist design trends reducing carpet usage

Stricter environmental and chemical regulations

Competition from hard flooring alternatives

Economic downturns affecting construction and renovation spending

Global Carpet Market Segmentation

By Product Type:

Woven: Premium carpets known for intricate designs and durability. Popular in residential and commercial luxury spaces.

Knotted: Traditional handmade carpets with high durability and intricate artistry.

Needle Felt: Industrial and commercial carpets providing resilience and cost-effectiveness.

Tufted: Dominant segment due to cost-efficiency and faster production. Suitable for diverse environments from homes to offices.

By Material:

Nylon: Durable, stain-resistant, ideal for high-traffic areas, and increasingly eco-friendly.

Polypropylene: Cost-effective, lightweight, and resistant to moisture and fading.

Polyester: Soft, visually appealing, and suitable for residential applications.

Acrylic: Wool-like feel at lower cost, moisture-resistant, and easy to maintain.

Wool & Blends: Natural fibers with high quality, insulation, and sustainability appeal.

Others: Includes jute, bamboo, and hybrid fiber carpets targeting eco-conscious consumers.

By End-Use:

Residential: Homeowners seek comfort, insulation, and aesthetic appeal.

Commercial: Offices, hotels, and retail spaces require durability and sound absorption.

Industrial: Functional flooring for high-traffic or specialized facilities.

Regional Carpet Market Insights

United States

The U.S. remains one of the largest carpet markets globally, driven by residential and commercial demand, home renovation trends, and sustainability awareness. Recent product launches, such as Tarkett’s Preserved Treasures™ collection in January 2025, focus on aesthetic appeal and long-term performance, reflecting ongoing innovation in the market.

France

French consumers prefer premium, eco-friendly carpets. Materials such as wool, jute, and sisal are in demand due to their natural origin and sustainability. Hospitality and tourism also drive the market, as hotels and resorts invest in high-quality carpets to enhance guest experience. Brintons’ collaboration with the V&A Museum in December 2024 exemplifies this premium market trend.

India

India is renowned for its handmade rugs and growing machine-made carpet industry. Urbanization, rising disposable incomes, and construction activity fuel domestic demand. Indian carpets are highly valued internationally for their durability and intricate designs. In October 2024, Hands launched its KNOTION collection in collaboration with designer Nika Zupanc, showcasing luxury hand-knotted carpets.

Saudi Arabia

The carpet market in Saudi Arabia benefits from rapid construction, luxury real estate projects, and religious practices. Islamic prayer rugs and high-quality residential carpets drive demand. In October 2023, Standard Carpets expanded operations with a new factory in Dubai Industrial City, signaling investment confidence in the Middle East.

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Growth Drivers in the Global Carpet Market

1. Rising Demand for Home Décor

Increasing consumer interest in home improvement and aesthetics has significantly driven carpet adoption. Open-concept living spaces demand large-area rugs to define zones, adding warmth and elegance. Sustainability trends also boost demand for carpets made from renewable and recycled materials, with eco-certifications gaining importance in Europe, the U.S., and Asia.

2. Technological Advancements

Digital printing and stain-resistant technology allow for custom designs and functional enhancements. Innovations such as Tarkett’s QuickShip program (February 2024) offer curated carpet selections for designers, architects, and dealers, providing delivery within five business days, highlighting the importance of speed and customization.

3. Construction Industry Growth

Rapid urbanization and rising residential, commercial, and hospitality construction create steady demand for carpets. According to the United Nations, urban populations are projected to rise from 55% in 2018 to 68% by 2050, directly influencing the carpet and flooring markets. New housing projects, offices, and hotels remain key growth segments.

Challenges in the Global Carpet Market

High Competition and Pricing Pressure

The carpet industry is highly competitive, with many players offering similar products. This leads to price pressure, particularly for small and medium enterprises (SMEs), which struggle to compete with global brands benefiting from economies of scale.

Environmental Concerns

Synthetic carpets often involve high energy consumption and plastic waste, attracting regulatory scrutiny. The shift to eco-friendly materials can increase production costs, requiring innovation in sustainable manufacturing to balance compliance and profitability.

Regional Product Insights

Woven Carpets

Premium and durable

Suitable for luxurious residential and commercial spaces

High-quality craftsmanship maintains steady demand

Tufted Carpets

Cost-effective and versatile

Quick production process

Popular in both residential and commercial sectors

Nylon Carpets

Durable, color-retaining, stain-resistant

Ideal for high-traffic areas

Technological improvements enhance eco-friendliness

Acrylic Carpets

Wool-like appearance, soft texture

Resistant to moisture and mildew

Lightweight and easy to maintain

Residential and Commercial Carpet Markets

Residential:

Driven by home renovation trends and demand for comfort and aesthetics

Carpets provide noise reduction, insulation, and design versatility

Commercial:

Used in offices, hotels, retail, and educational institutions

Focus on durability, sound absorption, and maintenance ease

Key Players in the Global Carpet Market

Armstrong Flooring Inc.

Balta Industries nv.

Mohawk Industries Inc.

Tarkett

Victoria PLC

Mannington Mills Inc.

Dorsett Industries

Company Strategies:

Product innovation and portfolio expansion

Investment in eco-friendly and sustainable materials

Global supply chain expansion

Collaboration with designers and architects for premium offerings

Market Outlook

The global carpet market is set for continued growth due to:

Rising consumer spending on home décor and comfort

Technological innovations enabling customized and eco-friendly carpets

Strong construction growth in residential, commercial, and hospitality sectors

Expansion into emerging markets in Asia, the Middle East, and Africa

Despite pricing pressures, competition, and environmental concerns, the market outlook remains positive. Manufacturers adopting sustainable materials, digital solutions, and advanced production technologies will likely capture significant market share in the coming years.

Carpets continue to provide functional, aesthetic, and cultural value across households, workplaces, and public spaces, ensuring steady global market expansion through 2033.

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