Carpet Market Size, Share, Growth & Trends Forecast by 2033

IMARC Group has recently released a new research study titled “Carpet Market Size, Share, Trends and Forecast by Material, Price Point, Sales Channel, End User, and Region, 2025-2033”. The study provides a detailed analysis of the industry, including the global carpet market trends, share, size and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

The global carpet market size reached USD 65.01 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 87.32 Billion by 2033, exhibiting a growth rate (CAGR) of 3.3% during 2025-2033. North America currently dominates the market, holding a market share of over 42.2% in 2024. Significant technological advancements, rising environmental concerns, burgeoning real estate and construction projects, and the surge of online retail are major factors boosting the carpet market share.

Global Carpet Market Trends:

The carpet market is poised for significant transformation, driven by trends in sustainability, technological advancements, and increased demand across residential and commercial sectors. The emphasis on eco-friendly products will continue to shape consumer preferences, with manufacturers increasingly adopting sustainable materials and production methods to meet the growing demand for green carpets. This shift will be complemented by innovations in technology, resulting in carpets that not only enhance aesthetic appeal but also offer additional functionalities, such as improved durability and smart features. The residential market will likely see a rise in demand for luxurious and stylish carpets as homeowners invest in creating comfortable living spaces that reflect their personal tastes. Simultaneously, the commercial sector will prioritize carpets that enhance the overall environment of workplaces, hotels, and healthcare facilities, focusing on durability and ease of maintenance. As these trends converge, the carpet market will become increasingly dynamic, characterized by a blend of sustainability, innovation, and adaptability to consumer needs as we move toward 2025.

Factors Affecting the Growth of the Carpet Industry:

Shift Towards Sustainable and Eco-Friendly Carpets:

The carpet market is witnessing a significant shift towards sustainability and eco-friendliness, driven by increasing consumer awareness of environmental issues and the demand for sustainable products. As more consumers prioritize eco-conscious purchasing decisions, manufacturers are responding by developing carpets made from recycled materials, natural fibers, and sustainable production processes. Innovations in biodegradable materials and low-impact dyes are becoming prevalent, allowing consumers to enjoy stylish flooring options without compromising their commitment to environmental responsibility. This trend is particularly strong among millennials and Generation Z, who are more likely to support brands that demonstrate a commitment to sustainability. Additionally, the rise of green building certifications, such as LEED (Leadership in Energy and Environmental Design), has further propelled the demand for eco-friendly carpets in commercial spaces. As sustainability becomes a core value for consumers, the carpet market will likely see continued growth in this segment, pushing manufacturers to adopt more environmentally friendly practices and materials.

Technological Advancements in Carpet Manufacturing:

Technological advancements are transforming the carpet market, enhancing both the quality and functionality of carpeting products. Innovations in manufacturing processes, such as advanced weaving techniques and digital printing, are enabling the production of carpets that are not only aesthetically pleasing but also more durable and stain resistant. Smart carpets, equipped with sensors and integrated technology, are emerging as a novel trend, allowing for features such as temperature regulation and real-time monitoring of indoor air quality. These technological enhancements are appealing to consumers who seek convenience and added functionality in their home environments. Furthermore, automation in production is streamlining operations, reducing costs, and improving efficiency, allowing manufacturers to respond more quickly to market demands. As technology continues to evolve, the carpet market will likely experience a surge in innovative products that cater to the changing preferences of consumers, ultimately driving growth and competitiveness in the industry.

Growing Demand in the Residential and Commercial Sectors:

The carpet market is experiencing robust growth in both residential and commercial sectors, driven by rising disposable incomes and an increasing focus on interior aesthetics. In residential settings, homeowners are investing in carpets that enhance comfort and style, with a growing preference for luxurious and plush options that provide warmth and coziness. The trend of home renovation and interior design is encouraging consumers to explore a variety of styles, colors, and textures, leading to increased demand for carpets that complement modern design trends. In the commercial sector, businesses are recognizing the importance of creating inviting and functional spaces, prompting investments in high-quality carpets that improve acoustics and overall ambiance. Additionally, the hospitality and healthcare industries are placing a premium on carpets that offer durability and easy maintenance, further fueling demand. As both sectors continue to evolve, the carpet market is expected to thrive, with manufacturers focusing on diverse offerings that cater to the specific needs of residential and commercial customers.

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Carpet Market Report Segmentation:

Breakup By Material:

• Nylon
• Olefin
• Polyester
• Others

Nylon account for the majority of shares owing to their durability and resistance to wear.

Breakup By Price Point:

• Economy
• Luxury

Economy dominates the market as consumers prioritize affordability in their purchasing decisions.

Breakup By Sales Channel:

• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores

Specialty stores represents the majority of shares as they offer a wider selection of high-quality and tailored carpet solutions.

Breakup By End User:

• Residential
• Commercial

The residential sector holds the majority of shares due to their focus of homeowners on improving comfort and aesthetics.

Breakup By Region:

North America holds the leading position owing to a large market for carpet driven by its well-established construction industry, high standard of living, and frequent home remodeling activities.

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Top Carpet Market Leaders:

The carpet market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

• Armstrong Flooring Inc.
• Balta Industries nv.
• Beaulieu International Group
• Brumark
• Dorsett Industries
• Interface Inc.
• Mannington Mills Inc.
• Milliken & Company
• Mohawk Industries Inc.
• Shaw Industries Group Inc. (Berkshire Hathaway Inc.)
• Tarkett
• Victoria PLC.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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