Carpet Market Growth, Demand Analysis and Forecast 2034
Carpet Market Growth, Size, Trends Analysis - By Material, By Application, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Aug-2025 | Report ID: FMCG25152 | Pages: 1 - 245 | Formats*: |
| Category : Consumer & Retail | |||
Carpet Market Introduction and Overview
According to SPER Market Research, the Global Carpet Market is estimated to reach USD 28.38 billion by 2034 with a CAGR of 4.35%.
The report includes an in-depth analysis of the Global Carpet Market, including market size and trends, product mix, Applications, and supplier analysis. The global carpet market is expected to increase at a compound annual growth rate (CAGR) of 4.35% over the course of the forecast period, from its 2024 valuation of USD 18.54 billion. The demand for carpets is intricately linked to the state of the housing market, which includes both the construction of new homes and the sales of existing properties. During times of increased housing demand, there is typically a corresponding rise in the need for floor coverings, such as carpets.
By Material Insights
The carpet market is categorized based on material into nylon, polyester, polypropylene, and other types. Nylon became the most popular material segment in 2024. This synthetic fiber is well-regarded for its durability, resistance to stains, and versatility, making it a favored option among consumers. Additionally, continuous research and advancements in fiber technology have improved nylon formulations, enhancing their performance characteristics. Such advancements contribute significantly to the growing popularity of nylon carpets.
By Application Insights
The market is separated into residential and commercial sectors based on applications. In 2024, the largest segment was residential. The growing demand for carpets, fueled by an increase in renovation and remodeling projects, serves as a major factor driving market growth. These products are appreciated for their practical benefits, such as thermal insulation for floors, slip resistance, and enhancement of aesthetic appeal. They have become increasingly important in interior design, reflecting the rising consumer focus on aesthetics. The growth of e-commerce platforms and an overall rise in living standards also support market expansion.
By Distribution Channel Insights
Regarding distribution channels, the carpet market is segmented into hypermarkets/supermarkets, specialty stores, online platforms, and others. The online segment is projected to be the fastest-growing category during the forecast period. Online platforms provide a vast array of carpet options, including various styles, patterns, sizes, materials, and price ranges.
Regional Insights
In 2024, North America represented the largest share of revenue. The rapid growth in housing and construction activities, especially in the United States, is a significant factor propelling market growth in this region. Additionally, the growing appetite for new homes and the rising trend of home decoration are expected to boost product demand in the near future.
Market Competitive Landscape
Prominent players in the market include Mohawk Industries, Inc, Interface Inc, Oriental Weavers Carpet Co, Tai Ping Carpets International Limited, Victoria Plc, Lowe's Companies Inc, Shaw Industries Group, Inc, Tarkett S.A, Milliken & Company, and The Dixie Group Inc. Market participants are continually engaged in new product development, mergers and acquisitions, and other strategic partnerships to explore new market opportunities.
Recent Developments:
Shaw Contract introduced Creative Zone, a ground-breaking 24 × 24 carpet tile series, in February 2024. This collection draws inspiration from the captivating moments observed in daily life and has been carefully crafted to accommodate various learning environments.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Material, By Application, By Distribution Channel |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Mohawk Industries, Inc, Shaw Industries Group, Inc, Tarkett S.A, Milliken & Company, The Dixie Group Inc, Interface Inc, Oriental Weavers Carpet Co, Tai Ping Carpets International Limited, Victoria Plc, Lowe's Companies Inc. |
Key Topics Covered in the Report
- Global Carpet Market Size (FY’2021-FY’2034)
- Overview of Global Carpet Market
- Segmentation of Global Carpet Market By Material (Nylon, Polyester, Polypropylene, Others)
- Segmentation of Global Carpet Market By Application (Residential, Commercial)
- Segmentation of Global Carpet Market By Distribution Channel (Hypermarket/Supermarket, Specialty Stores, Online, Others)
- Statistical Snap of Global Carpet Market
- Expansion Analysis of Global Carpet Market
- Problems and Obstacles in Global Carpet Market
- Competitive Landscape in the Global Carpet Market
- Details on Current Investment in Global Carpet Market
- Competitive Analysis of Global Carpet Market
- Prominent Players in the Global Carpet Market
- SWOT Analysis of Global Carpet Market
- Global Carpet Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3 .Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5.Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Carpet Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Carpet Market
7. Global Carpet Market, By Material (USD Million) 2021-2034
- 7.1. Nylon
- 7.2. Polyester
- 7.3. Polypropylene
- 7.4. Others
8. Global Carpet Market, By Application (USD Million) 2021-2034
- 8.1. Residential
- 8.2. Commercial
9. Global Carpet Market, By Distribution Channel (USD Million) 2021-2034
- 9.1. Hypermarket/Supermarket,
- 9.2. Specialty Stores
- 9.3. Online
- 9.4. Others
10. Global Carpet Market, (USD Million) 2021-2034
- 10.1. Global Carpet Market Size and Market Share
11. Global Carpet Market, By Region, (USD Million) 2021-2034
- 11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
- 11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
- 11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
- 11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
- 11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America
12. Company Profile
- 12.1. Mohawk Industries, Inc
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Shaw Industries Group, Inc
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. Tarkett S.A
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Milliken & Company
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. The Dixie Group Inc
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. Interface Inc
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Oriental Weavers Carpet Co
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Tai Ping Carpets International Limited
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Victoria Plc
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Lowe's Companies Inc
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Carpet Market CAGR of 4.35% during the forecast period.
Carpet Market size is USD 28.38 billion from 2025 to 2034.
Carpet Market is projected to reach USD 28.38 billion by 2034, growing at a CAGR of 4.35% during the forecast period.
Carpet Market grew in Market size from 2025. The Market is expected to reach USD 28.38 billion by 2034, at a CAGR of 4.35% during the forecast period.
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Carpet Market is covered By Material, By Application, By Distribution Channel
North America is anticipated to have the highest Market share in the Carpet Market.
Mohawk Industries, Inc, Shaw Industries Group, Inc, Tarkett S.A, Milliken & Company, The Dixie Group Inc, Interface Inc, Oriental Weavers Carpet Co, Tai Ping Carpets International Limited, Victoria Plc, Lowe's Companies Inc.
The report includes an in-depth analysis of the Global Carpet Market, including market size and trends, product mix, Applications, and supplier analysis
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