Global Carpets and Rugs Market size was valued at USD 61,354.3 Million in 2025 and will reach USD 1,39,048.6 Million by 2033 at a CAGR of 8.89% during the forecast period 2025 – 2034.

Carpets and Rugs Market: Overview

The demand for carpets and rugs is increasing across the colder region for other flooring applications. The carpets and rugs help keep the home cozy in the winter, and this attribute conserves energy. The carpet also provides a comfortable place to sit, play, or work, giving a room an overall warmer feeling.

Various factors, such as the growing usage of carpets and rugs in residential and commercial applications, the growing inclination of millennials and Gen Z towards aesthetic decoration, increasing renovation and reconstruction activities across developing countries and growing demand for carpets and rugs in the automotive industry are mainly driving the market growth of the carpets and rugs across the globe.

The growing home decoration activity is expected to propel the demand for carpets and rugs during the forecast period. The growing demand for carpets and rugs in home decoration activities is expected to drive down the demand for carpets and rugs during the forecast period.

However, factors such as the high cost of the carpets and rugs, less adaption in many underdeveloped countries, stringent regulations in many developed countries, and side effects of the carpets and rugs waste are some of the factors restraining the market growth.

Growing technological innovations and increasing usage of sustainable and recyclable materials in the manufacturing of carpets and rugs are expected to create lucrative opportunities for the market during the forecast period. The key players operating in the market heavily invest in product innovation and durable materials to reduce carbon emissions and environmental impacts. Furthermore, the growing penetration of E-commerce distribution channels in the carpet and rugs industry is expected to create lucrative opportunities for the market during the forecast period.

The global carpets and rugs market is segmented by type, by material, by end user and by region. By type, the market is segmented into woven, knotted carpets, needles, and tufted carpets. Among all these, the woven segment dominated the market and is expected to remain dominant during the forecast period.

The demand for the woven segment is expected to increase exponentially during the forecast period due to its sustainable and environmentally friendly properties.

By material, the global carpets and rugs market is segmented into nylon, polyester, polypropylene, and others. Among all of these, the nylon segment dominated the market in 2024 and is expected to maintain its dominance during the forecast period.

By Region, the market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Among all of these, the North American region dominated the global market and is expected to keep its dominance during the forecast period, owing to increasing demand for carpets and rugs for commercial applications in the U.S. and Canada.

Report Scope

Feature of the ReportDetails
Market Size in 2025USD 61,354.3 Million
Projected Market Size in 2034USD 1,39,048.6 Million
Market Size in 2024USD 54,300 Million
CAGR Growth Rate8.89% CAGR
Base Year2024
Forecast Period2025-2034
Key SegmentBy Type, Material, End-User and Region
Report CoverageRevenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional ScopeNorth America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying OptionsRequest tailored purchasing options to fulfil your research requirements.

CMI has comprehensively analyzed the Global Carpets and Rugss market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the market scenario. Segment-wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Carpets and Rugss industry.

The competitive landscape includes key innovators, after-market service providers, market giants, and niche players, which were studied and analyzed extensively with respect to their strengths, weaknesses, and value addition prospects. In addition, the report covers key players’ profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships, and emerging business models.

Global Carpets and Rugs Market 2025–2034 (By Million)

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List of the prominent players in the Carpets and Rugs Market:

  • Mohawk Industries Inc.
  • Shaw Industries Group
  • Taekett S.A.
  • Interface Inc.
  • Dixie Group Inc.
  • Milliken & Company
  • Balta Industries
  • NV Mannington Mills Inc.
  • Tai Ping Carpets International Ltd
  • Marquis Industries Inc
  • Victoria PLC
  • Oriental Weavers Company
  • Home Depot Inc
  • Lowe’s Companies Inc
  • Saif Carpets Pvt. Ltd
  • Genie Carpet Manufactures
  • KarpetsbyRKS
  • Marwar Carpets International
  • Others

The Carpets and Rugs Market is segmented as follows:

By Type

  • Tufted
  • Woven
  • Needle-punched
  • Knotted
  • Others

By Material

  • Nylon
  • Polyster
  • Polypropylene
  • Others

By End-User

  • Residential
  • Non-residential
  • Automotive & Transportation

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America