PUBLISHER: The Business Research Company | PRODUCT CODE: 1929912
PUBLISHER: The Business Research Company | PRODUCT CODE: 1929912
Carpets and rugs are textile floor coverings that enhance the visual appeal and texture of interior spaces. They are made by interlacing fibers to create a continuous surface, contributing to the room's overall design, ambiance, and aesthetic character. Serving as decorative elements, carpets and rugs can transform the appearance and feel of an interior by adding depth, pattern, and visual balance.
The primary types of carpets and rugs include woven, tufted, knotted, needle-punched, flat-weave, and others. Woven carpets and rugs are made by intertwining yarns on a loom to produce strong and intricate patterns and textures. These products are crafted from various materials, such as nylon, polyester, polypropylene, cotton, wool, silk, jute, and others, and are distributed through both online and offline channels. They are commonly used across residential and commercial settings.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the carpets and rugs market by increasing costs of imported fibers, yarns, dyes, backing materials, and finished textile products. Manufacturers and distributors in North America and Europe are most affected due to reliance on imported raw materials and finished carpets, while Asia-Pacific faces export pricing pressure. These tariffs are increasing product prices and affecting demand elasticity. However, they are also encouraging local carpet manufacturing, alternative material sourcing, and innovation in sustainable and recycled carpet solutions.
The carpets and rugs market research report is one of a series of new reports from The Business Research Company that provides carpets and rugs market statistics, including carpets and rugs industry global market size, regional shares, competitors with a carpets and rugs market share, detailed carpets and rugs market segments, market trends and opportunities, and any further data you may need to thrive in the carpets and rugs industry. This carpets and rugs market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The carpets and rugs market size has grown strongly in recent years. It will grow from $9.5 billion in 2025 to $10.03 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to growth of residential construction activities, rising demand for interior decoration products, expansion of commercial infrastructure, availability of diverse textile materials, increasing use of carpets in home decor.
The carpets and rugs market size is expected to see strong growth in the next few years. It will grow to $12.8 billion in 2030 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to rising demand for eco-friendly floor coverings, expansion of hospitality and commercial renovation projects, growing adoption of digital visualization tools, increasing consumer preference for customized interiors, innovation in stain-resistant and durable carpet designs. Major trends in the forecast period include increasing demand for sustainable carpet materials, rising popularity of custom and designer rugs, growing adoption of online carpet sales channels, expansion of modular and easy-to-install carpets, enhanced focus on indoor aesthetic customization.
The increasing construction activities are expected to drive the growth of the carpets and rugs market going forward. Construction activities refer to the organized processes and operations undertaken to build, modify, or maintain buildings, infrastructure, or other physical structures. The rise in construction activities is attributed to rapid urbanization, which fuels demand for residential, commercial, and infrastructure developments to support growing populations. Carpets and rugs support construction activities by protecting newly installed floors and surfaces from damage, dust, and debris, ensuring cleanliness and operational efficiency on-site. For instance, in September 2025, according to the Census Bureau, a US-based government agency, residential construction reached a seasonally adjusted annual rate of 886.5 billion dollars in July, reflecting a 0.1 percent (+-1.3 percent) increase from the revised June estimate of 885.9 billion dollars. Therefore, the increasing construction activities are driving the growth of the carpets and rugs market.
Key companies operating in the carpets and rugs market are focusing on developing innovative products such as hand-knotted carpets to enhance the aesthetic appeal of interiors. Hand-knotted carpets are handcrafted floor coverings created by meticulously tying individual knots on a loom, resulting in durable and intricate designs that showcase superior artistry. For instance, in October 2024, Hands Carpets, an India-based luxury carpet brand, introduced KNOTION, a carpet collection defined by its dynamic blend of flowing lines and curves highlighted through a vivid and colorful palette. Each of the ten designs draws inspiration from the complex pathways and turns of roads, symbolizing life's continuous journey. The carpets exhibit a modern and pop-art-inspired aesthetic, giving each piece a distinctive character. During the launch event, architects, designers, journalists, and celebrities praised the collection for its rich textures and bold contemporary expression.
In January 2025, Jaipur Rugs, an India-based provider of handmade carpets and artisanal home decor products, acquired Shyam Ahuja for an undisclosed amount. Through this acquisition, Jaipur Rugs seeks to preserve and enhance Shyam Ahuja's legacy while strengthening its position in the global luxury rug market. Shyam Ahuja is an India-based manufacturer of carpets and rugs.
Major companies operating in the carpets and rugs market are Mohawk Industries Inc., Milliken & Company, Tarkett S.A., Victoria PLC, Engineered Floors LLC, Forbo Holding AG, Interface Inc., Mannington Mills Inc., Oriental Weavers Carpet Co., Shaw Industries Group Inc., The Dixie Group Inc., Surya Carpets Pvt. Ltd., Nourison Co., Obeetee Pvt. Ltd., Couristan Inc., Belgotex, Jaipur Rugs Co., Kaleen Inc., Saraswati Global Pvt. Ltd., Yak Carpet Pvt. Ltd., Kapotex Industries Pvt. Ltd., Shree Sai International, The Rug Republic, Welspun India Ltd.
North America was the largest region in the carpets and rugs market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the carpets and rugs market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the carpets and rugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The carpets and rugs market consists of sales of area rugs, wall-to-wall carpets, runner rugs, oriental rugs, and shag rugs. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Carpets And Rugs Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses carpets and rugs market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for carpets and rugs ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The carpets and rugs market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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