Carpet and Rug Market Size and Share Forecast Outlook (2024 to 2034)

The carpet and rug market is estimated to be valued at USD 93.5 billion in 2024. The carpet and rug is predicted to rise at a CAGR of 6.2% from 2024 to 2034. The global carpet and rug market is anticipated to reach USD 171.0 billion by 2034.

The global carpets and rugs market is experiencing heightened demand as individuals prioritize aesthetic appeal in their homes and workplaces. Recognizing this trend, key suppliers are intensifying their focus on research and development, aiming to create technologically advanced carpeting solutions.

Manufacturers are actively incorporating advanced and sustainable materials to offer high-value products to end users. The increasing preference for online channels and e-commerce platforms as avenues for purchasing carpets and rugs is expected to open new opportunities, driving incremental growth for market players.

Consumer preferences play a pivotal role, with design trends, color choices, and material preferences impacting the demand for carpets and rugs. The housing market's performance is closely tied to the industry, as increased construction activities and a robust real estate market drive demand for flooring solutions.

Material innovation is a significant trend, with a growing emphasis on eco-friendly options such as recycled materials and low-emission carpets. Sustainability has become a key consideration for both manufacturers and consumers, reflecting the broader global shift towards environmentally conscious practices.

Attributes Key Insights
Estimated Market Size in 2024 USD 93.5 billion
Projected Market Value in 2034 USD 171.0 billion
Value-based CAGR from 2024 to 2034 6.2%

Sales Analysis of Carpet and Rug Market (2019 to 2023) vs Forecast (2024 to 2034)

From 2019 to 2023, the carpet and rug industry experienced a CAGR of 7.9% in market value. The growth of the carpet and rug market is fueled by the ongoing trends of urbanization and robust housing construction. Consumers' preferences are notably inclined towards affordable yet aesthetically pleasing flooring options.

The heightened awareness of environmental concerns has catalyzed a surge in demand for sustainable carpet and rug materials. In response, manufacturers are actively integrating recycled and eco-friendly materials into their product offerings, effectively aligning their strategies with the prevailing trends in the carpet and rug market.

Increasingly, consumers seek carpets and rugs that can be customized to suit their preferences. The industry has responded with a variety of customization options, allowing consumers to choose colors, patterns, and sizes according to their tastes. Projections indicate that the global carpet and rug market is expected to experience a CAGR of 6.2% from 2024 to 2034.

Historical CAGR from 2019 to 2023 7.9%
Forecast CAGR from 2024 to 2034 6.2%

Key Growth Drivers Fueling the Carpet and Rug Industry

  • The ongoing trend of home improvement and renovation projects has significantly contributed to the increased demand for carpets and rugs.
  • The growth in housing construction, both residential and commercial, drives the demand for flooring solutions, including carpets and rugs.
  • The increasing improvements in economic conditions and rising disposable incomes worldwide have empowered consumers to spend more on home decor and furnishings.
  • The convenience of online shopping, along with a wide range of product choices and competitive pricing, has driven the market's accessibility and increased sales.
  • Changes in lifestyle, such as a preference for cozy and comfortable home environments, have influenced the demand for soft floor coverings like carpets and rugs.

Key Challenges Impacting Carpet and Rug Market Expansion

  • Intense competition can lead to pricing pressures and reduced profit margins for businesses in the industry.
  • During economic downturns, consumers may delay or scale back home improvement projects, affecting the market demand.
  • Disruptions in the supply chain, whether due to natural disasters, geopolitical tensions, or other factors, can lead to increased costs and challenges in meeting demand.
  • Misunderstandings or lack of awareness about product characteristics can lead to dissatisfaction and negative perceptions of the industry.

Analysis of Top Countries Producing and Exporting Carpets and Rugs

The following table shows the top five countries by revenue, led by Japan and South Korea. The growth of e-commerce and online retail platforms provides Japanese consumers with convenient access to a variety of carpet and rug options.

The ease of online shopping contributes to market accessibility and may influence consumer purchasing behavior in Japan. Ongoing real estate and construction projects, both residential and commercial, contribute to the demand for flooring solutions in South Korea.

Countries Forecast CAGRs from 2024 to 2034
United States 6.5%
United Kingdom 7.3%
China 6.9%
Japan 7.7%
South Korea 8.0%

The Increasing Renovation Activities Driving the Demand

The carpet and rug market in the United States is expected to grow with a CAGR of 6.5% from 2024 to 2034. The carpets and rug market in the United States is growing owing to the robust housing sector and a pronounced shift toward home renovations and remodeling. This surge in home improvement projects reflects a growing inclination among homeowners to enhance their living spaces.

As individuals invest in upgrading their residences, the market witnesses an upswing, driven by the desire for innovative and aesthetically pleasing carpet and rug solutions.

Changing design trends and a focus on interior aesthetics influence consumer choices in flooring. The desire for stylish and customizable flooring options has driven interest in a variety of carpet and rug designs.

Expanding Real Estate Sector to Boost Market Demand in the United Kingdom

The carpet and rug market in the United Kingdom is expected to grow with a CAGR of 7.3% from 2024 to 2034. The performance of the housing market in the United Kingdom plays a significant role in the demand for carpets and rugs.

Growth in new home constructions, home renovations, and real estate trends can influence the market positively. Changing consumer preferences and evolving interior design trends contribute to the demand for carpets and rugs.

Growth of the Residential and Commercial Sectors Propels Market in China

The carpet and rug market in China is expected to grow with a CAGR of 6.9% from 2024 to 2034. China's growing middle class has led to increased consumer spending on home furnishings, including carpets and rugs. As more people seek to enhance the aesthetics and comfort of their homes, the demand for quality flooring solutions has risen.

Ongoing urbanization in China has led to increased construction activities, both in the residential and commercial sectors. The demand for carpets and rugs has grown alongside the development of new buildings and spaces, contributing to market expansion.

Evolving lifestyles and changing consumer preferences have influenced the demand for interior design and home decor. Carpets and rugs are seen as essential elements in creating aesthetically pleasing and comfortable living spaces.

Innovations in Design and Material Boost the Market Growth in Japan

The carpet and rug market in Japan is expected to grow with a CAGR of 7.7% from 2024 to 2034. Japan has experienced various housing trends, including renovations and new constructions, which impact the demand for carpets and rugs. As homeowners seek to personalize and enhance their living spaces, the market for flooring solutions sees growth.

Changes in lifestyle and a growing emphasis on home aesthetics have led to increased interest in interior design and home decor. Carpets and rugs are considered essential elements in creating comfortable and visually appealing living spaces.

The carpet and rug industry has seen innovations in design, materials, and manufacturing processes. Products that offer unique designs, patterns, and sustainable materials may attract Japanese consumers seeking modern and environmentally friendly options.

Growing Urbanization and Housing Trend Drive Market Demand in Korea

The carpet and rug market in Korea is expected to grow with a CAGR of 8.0% from 2024 to 2034. The growth of the market in the country is mainly attributed to urbanization and the development of new residential and commercial spaces. As urban areas expand and housing construction projects increase, there may be a corresponding growth in the carpet and rug market.

Evolving lifestyles and changing design preferences influence the demand for interior decor, including carpets and rugs. As consumers seek to create comfortable and aesthetically pleasing living spaces, the demand for stylish and functional carpets and rugs remains high.

Carpet and Rug Industry Analysis by Top Investment Segments

The below section shows the leading segment. The woven segment accounts for a CAGR of 6.0% from 2024 to 2034. Based on material, the nylon segment is anticipated to hold a dominant share through 2034. It is set to exhibit a CAGR of 5.8% from 2024 to 2034.

Category CAGR from 2024 to 2034
Woven 6.0%
Nylon 5.8%

The Demand for Woven Carpet and Rug Segment to Remain High

Based on product type, the woven segment is anticipated to account for a CAGR of 6.0% from 2024 to 2034. Woven carpets offer a wide range of designs and patterns, from traditional and classic motifs to modern and contemporary styles. This versatility allows consumers to find a woven carpet that complements their overall interior design aesthetic and personal preferences.

Woven carpets can be customized with specific patterns, colors, and designs to meet individual preferences. This customization option allows consumers to create a unique and personalized look for their homes, contributing to the growing popularity of woven-type carpets.

Consumers are increasingly willing to invest in quality home furnishings that offer long-term value. Woven carpets, known for their durability and aesthetic appeal, are viewed as an investment in the overall ambiance and value of a home.

Nylon Material Carpet and Rugs are Gaining Traction in the Market

Based on material, the nylon segment is anticipated to advance at a CAGR of 5.8% from 2024 to 2034. Nylon is renowned for its outstanding durability and resilience, making it a highly sought-after material known for its ability to withstand wear and maintain structural integrity over time. It can withstand heavy foot traffic, making it suitable for high-traffic areas in residential and commercial spaces.

The durability of nylon carpets contributes to their long lifespan and the ability to maintain their appearance over time.

Nylon fibers often have a natural resistance to stains, and manufacturers can enhance this feature further through treatments and coatings. Stain-resistant nylon carpets are easier to clean and maintain, making them a practical choice for households with children, and pets, or in areas prone to spills.

Nylon fibers are resilient and elastic, allowing them to bounce back to their original shape even after being subjected to pressure. This resilience contributes to the carpet's ability to recover from compression caused by furniture or foot traffic.

Nylon carpets can be manufactured to have a soft and comfortable feel underfoot. This makes them a popular choice for bedrooms and other areas where comfort is a priority.

Competitive Landscape of the Carpet and Rug Market

Prominent players in the carpet and rug market are significantly investing in research and development endeavors to diversify their product portfolios, contributing to the continued expansion of the market.

These industry leaders are adopting various strategic measures to enhance their global presence, such as introducing new products, entering into contractual agreements, pursuing mergers and acquisitions, increasing financial investments, and fostering collaborations with other organizations.

  • In September 2023 - Shaw Industries Group, Inc. revealed an exciting collaboration with the Classen Group, a forward-thinking hard surface flooring manufacturer headquartered in Germany known for its PVC-free solutions tailored for both commercial and residential spaces. Under this strategic partnership, Shaw will exclusively distribute Classen Group's latest line of commercial flooring products throughout North America.
  • In January 2024 - B.I.G. Yarns has recently concluded its initial industrial production runs of virgin polyester BCF yarns tailored for automotive carpet applications, as part of its strategic efforts to bolster its offerings in high-end and luxurious automotive interiors. These newly introduced polyester yarns serve as a complementary addition to the company's existing line of polyamide PA6 superior yarns, further enhancing its comprehensive range for automotive interior solutions.

Scope and Coverage of the Carpet and Rug Market Report

Attributes Details
Estimated Market Size in 2024 USD 93.5 billion
Projected Market Valuation in 2034 USD 171.0 billion
Value-based CAGR 2024 to 2034 6.2%
Forecast Period 2024 to 2034
Historical Data Available for 2019 to 2023
Market Analysis Value in USD billion
Key Regions Covered North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East and Africa
Key Market Segments Covered Product Type, Material, End-use, Region
Key Countries Profiled The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel
Key Companies Profiled Mohawk Industries Inc.; Shaw Industries Group Inc.; Genie Carpet Manufacturers; Beaulieu International Group; Lowe's; Taekett; Interface, Inc.; Dixie Group Inc.; Tai Ping; Victoria PLC

Top Segments Studied in the Carpet and Rug Industry

By Product Type:

  • Woven
  • Tufted
  • Knotted
  • Needle-Punched
  • Others

By Material:

  • Nylon
  • Polyester
  • Polypropylene
  • Cotton
  • Wool
  • Silk
  • Jute
  • Others

By End Use:

  • Residential
  • Commercial

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
    • 5.1. Woven
    • 5.2. Tufted
    • 5.3. Knotted
    • 5.4. Needle-Punched
    • 5.5. Others
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material
    • 6.1. Nylon
    • 6.2. Polyester
    • 6.3. Polypropylene
    • 6.4. Cotton
    • 6.5. Wool
    • 6.6. Silk
    • 6.7. Jute
    • 6.8. Others
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User
    • 7.1. Residential
    • 7.2. Commercial
  • 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 8.1. North America
    • 8.2. Latin America
    • 8.3. Western Europe
    • 8.4. Eastern Europe
    • 8.5. South Asia and Pacific
    • 8.6. East Asia
    • 8.7. Middle East and Africa
  • 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 16. Key Countries Market Analysis
  • 17. Market Structure Analysis
  • 18. Competition Analysis
    • 18.1. Mohawk Industries, Inc
    • 18.2. Shaw Industries Group Inc
    • 18.3. Genie Carpet Manufacturers
    • 18.4. Beaulieu International Group
    • 18.5. Lowe's
    • 18.6. Taekett
    • 18.7. Interface, Inc
    • 18.8. Dixie Group, Inc
    • 18.9. Tai Ping
    • 18.10. Victoria PLC
  • 19. Assumptions & Acronyms Used
  • 20. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Sq Mtr) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 4: Global Market Volume (Sq Mtr) Forecast by Product Type, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by Material, 2019 to 2034

Table 6: Global Market Volume (Sq Mtr) Forecast by Material, 2019 to 2034

Table 7: Global Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 8: Global Market Volume (Sq Mtr) Forecast by End User, 2019 to 2034

Table 9: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 10: North America Market Volume (Sq Mtr) Forecast by Country, 2019 to 2034

Table 11: North America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 12: North America Market Volume (Sq Mtr) Forecast by Product Type, 2019 to 2034

Table 13: North America Market Value (US$ Million) Forecast by Material, 2019 to 2034

Table 14: North America Market Volume (Sq Mtr) Forecast by Material, 2019 to 2034

Table 15: North America Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 16: North America Market Volume (Sq Mtr) Forecast by End User, 2019 to 2034

Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 18: Latin America Market Volume (Sq Mtr) Forecast by Country, 2019 to 2034

Table 19: Latin America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 20: Latin America Market Volume (Sq Mtr) Forecast by Product Type, 2019 to 2034

Table 21: Latin America Market Value (US$ Million) Forecast by Material, 2019 to 2034

Table 22: Latin America Market Volume (Sq Mtr) Forecast by Material, 2019 to 2034

Table 23: Latin America Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 24: Latin America Market Volume (Sq Mtr) Forecast by End User, 2019 to 2034

Table 25: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 26: Western Europe Market Volume (Sq Mtr) Forecast by Country, 2019 to 2034

Table 27: Western Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 28: Western Europe Market Volume (Sq Mtr) Forecast by Product Type, 2019 to 2034

Table 29: Western Europe Market Value (US$ Million) Forecast by Material, 2019 to 2034

Table 30: Western Europe Market Volume (Sq Mtr) Forecast by Material, 2019 to 2034

Table 31: Western Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 32: Western Europe Market Volume (Sq Mtr) Forecast by End User, 2019 to 2034

Table 33: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 34: Eastern Europe Market Volume (Sq Mtr) Forecast by Country, 2019 to 2034

Table 35: Eastern Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 36: Eastern Europe Market Volume (Sq Mtr) Forecast by Product Type, 2019 to 2034

Table 37: Eastern Europe Market Value (US$ Million) Forecast by Material, 2019 to 2034

Table 38: Eastern Europe Market Volume (Sq Mtr) Forecast by Material, 2019 to 2034

Table 39: Eastern Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 40: Eastern Europe Market Volume (Sq Mtr) Forecast by End User, 2019 to 2034

Table 41: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 42: South Asia and Pacific Market Volume (Sq Mtr) Forecast by Country, 2019 to 2034

Table 43: South Asia and Pacific Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 44: South Asia and Pacific Market Volume (Sq Mtr) Forecast by Product Type, 2019 to 2034

Table 45: South Asia and Pacific Market Value (US$ Million) Forecast by Material, 2019 to 2034

Table 46: South Asia and Pacific Market Volume (Sq Mtr) Forecast by Material, 2019 to 2034

Table 47: South Asia and Pacific Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 48: South Asia and Pacific Market Volume (Sq Mtr) Forecast by End User, 2019 to 2034

Table 49: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 50: East Asia Market Volume (Sq Mtr) Forecast by Country, 2019 to 2034

Table 51: East Asia Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 52: East Asia Market Volume (Sq Mtr) Forecast by Product Type, 2019 to 2034

Table 53: East Asia Market Value (US$ Million) Forecast by Material, 2019 to 2034

Table 54: East Asia Market Volume (Sq Mtr) Forecast by Material, 2019 to 2034

Table 55: East Asia Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 56: East Asia Market Volume (Sq Mtr) Forecast by End User, 2019 to 2034

Table 57: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 58: Middle East and Africa Market Volume (Sq Mtr) Forecast by Country, 2019 to 2034

Table 59: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2019 to 2034

Table 60: Middle East and Africa Market Volume (Sq Mtr) Forecast by Product Type, 2019 to 2034

Table 61: Middle East and Africa Market Value (US$ Million) Forecast by Material, 2019 to 2034

Table 62: Middle East and Africa Market Volume (Sq Mtr) Forecast by Material, 2019 to 2034

Table 63: Middle East and Africa Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 64: Middle East and Africa Market Volume (Sq Mtr) Forecast by End User, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Material, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by End User, 2024 to 2034

Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 6: Global Market Volume (Sq Mtr) Analysis by Region, 2019 to 2034

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 9: Global Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 10: Global Market Volume (Sq Mtr) Analysis by Product Type, 2019 to 2034

Figure 11: Global Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 12: Global Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 13: Global Market Value (US$ Million) Analysis by Material, 2019 to 2034

Figure 14: Global Market Volume (Sq Mtr) Analysis by Material, 2019 to 2034

Figure 15: Global Market Value Share (%) and BPS Analysis by Material, 2024 to 2034

Figure 16: Global Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034

Figure 17: Global Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 18: Global Market Volume (Sq Mtr) Analysis by End User, 2019 to 2034

Figure 19: Global Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 20: Global Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 21: Global Market Attractiveness by Product Type, 2024 to 2034

Figure 22: Global Market Attractiveness by Material, 2024 to 2034

Figure 23: Global Market Attractiveness by End User, 2024 to 2034

Figure 24: Global Market Attractiveness by Region, 2024 to 2034

Figure 25: North America Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 26: North America Market Value (US$ Million) by Material, 2024 to 2034

Figure 27: North America Market Value (US$ Million) by End User, 2024 to 2034

Figure 28: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 29: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 30: North America Market Volume (Sq Mtr) Analysis by Country, 2019 to 2034

Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 33: North America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 34: North America Market Volume (Sq Mtr) Analysis by Product Type, 2019 to 2034

Figure 35: North America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 36: North America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 37: North America Market Value (US$ Million) Analysis by Material, 2019 to 2034

Figure 38: North America Market Volume (Sq Mtr) Analysis by Material, 2019 to 2034

Figure 39: North America Market Value Share (%) and BPS Analysis by Material, 2024 to 2034

Figure 40: North America Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034

Figure 41: North America Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 42: North America Market Volume (Sq Mtr) Analysis by End User, 2019 to 2034

Figure 43: North America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 44: North America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 45: North America Market Attractiveness by Product Type, 2024 to 2034

Figure 46: North America Market Attractiveness by Material, 2024 to 2034

Figure 47: North America Market Attractiveness by End User, 2024 to 2034

Figure 48: North America Market Attractiveness by Country, 2024 to 2034

Figure 49: Latin America Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 50: Latin America Market Value (US$ Million) by Material, 2024 to 2034

Figure 51: Latin America Market Value (US$ Million) by End User, 2024 to 2034

Figure 52: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 54: Latin America Market Volume (Sq Mtr) Analysis by Country, 2019 to 2034

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 57: Latin America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 58: Latin America Market Volume (Sq Mtr) Analysis by Product Type, 2019 to 2034

Figure 59: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 61: Latin America Market Value (US$ Million) Analysis by Material, 2019 to 2034

Figure 62: Latin America Market Volume (Sq Mtr) Analysis by Material, 2019 to 2034

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Material, 2024 to 2034

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034

Figure 65: Latin America Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 66: Latin America Market Volume (Sq Mtr) Analysis by End User, 2019 to 2034

Figure 67: Latin America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 68: Latin America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 69: Latin America Market Attractiveness by Product Type, 2024 to 2034

Figure 70: Latin America Market Attractiveness by Material, 2024 to 2034

Figure 71: Latin America Market Attractiveness by End User, 2024 to 2034

Figure 72: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 73: Western Europe Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 74: Western Europe Market Value (US$ Million) by Material, 2024 to 2034

Figure 75: Western Europe Market Value (US$ Million) by End User, 2024 to 2034

Figure 76: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 77: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 78: Western Europe Market Volume (Sq Mtr) Analysis by Country, 2019 to 2034

Figure 79: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 80: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 81: Western Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 82: Western Europe Market Volume (Sq Mtr) Analysis by Product Type, 2019 to 2034

Figure 83: Western Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 84: Western Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 85: Western Europe Market Value (US$ Million) Analysis by Material, 2019 to 2034

Figure 86: Western Europe Market Volume (Sq Mtr) Analysis by Material, 2019 to 2034

Figure 87: Western Europe Market Value Share (%) and BPS Analysis by Material, 2024 to 2034

Figure 88: Western Europe Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034

Figure 89: Western Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 90: Western Europe Market Volume (Sq Mtr) Analysis by End User, 2019 to 2034

Figure 91: Western Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 92: Western Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 93: Western Europe Market Attractiveness by Product Type, 2024 to 2034

Figure 94: Western Europe Market Attractiveness by Material, 2024 to 2034

Figure 95: Western Europe Market Attractiveness by End User, 2024 to 2034

Figure 96: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 97: Eastern Europe Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 98: Eastern Europe Market Value (US$ Million) by Material, 2024 to 2034

Figure 99: Eastern Europe Market Value (US$ Million) by End User, 2024 to 2034

Figure 100: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 101: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 102: Eastern Europe Market Volume (Sq Mtr) Analysis by Country, 2019 to 2034

Figure 103: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 104: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 105: Eastern Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 106: Eastern Europe Market Volume (Sq Mtr) Analysis by Product Type, 2019 to 2034

Figure 107: Eastern Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 108: Eastern Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 109: Eastern Europe Market Value (US$ Million) Analysis by Material, 2019 to 2034

Figure 110: Eastern Europe Market Volume (Sq Mtr) Analysis by Material, 2019 to 2034

Figure 111: Eastern Europe Market Value Share (%) and BPS Analysis by Material, 2024 to 2034

Figure 112: Eastern Europe Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034

Figure 113: Eastern Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 114: Eastern Europe Market Volume (Sq Mtr) Analysis by End User, 2019 to 2034

Figure 115: Eastern Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 116: Eastern Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 117: Eastern Europe Market Attractiveness by Product Type, 2024 to 2034

Figure 118: Eastern Europe Market Attractiveness by Material, 2024 to 2034

Figure 119: Eastern Europe Market Attractiveness by End User, 2024 to 2034

Figure 120: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 121: South Asia and Pacific Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 122: South Asia and Pacific Market Value (US$ Million) by Material, 2024 to 2034

Figure 123: South Asia and Pacific Market Value (US$ Million) by End User, 2024 to 2034

Figure 124: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 125: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 126: South Asia and Pacific Market Volume (Sq Mtr) Analysis by Country, 2019 to 2034

Figure 127: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 128: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 129: South Asia and Pacific Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 130: South Asia and Pacific Market Volume (Sq Mtr) Analysis by Product Type, 2019 to 2034

Figure 131: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 132: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 133: South Asia and Pacific Market Value (US$ Million) Analysis by Material, 2019 to 2034

Figure 134: South Asia and Pacific Market Volume (Sq Mtr) Analysis by Material, 2019 to 2034

Figure 135: South Asia and Pacific Market Value Share (%) and BPS Analysis by Material, 2024 to 2034

Figure 136: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034

Figure 137: South Asia and Pacific Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 138: South Asia and Pacific Market Volume (Sq Mtr) Analysis by End User, 2019 to 2034

Figure 139: South Asia and Pacific Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 140: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 141: South Asia and Pacific Market Attractiveness by Product Type, 2024 to 2034

Figure 142: South Asia and Pacific Market Attractiveness by Material, 2024 to 2034

Figure 143: South Asia and Pacific Market Attractiveness by End User, 2024 to 2034

Figure 144: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 145: East Asia Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 146: East Asia Market Value (US$ Million) by Material, 2024 to 2034

Figure 147: East Asia Market Value (US$ Million) by End User, 2024 to 2034

Figure 148: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 149: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 150: East Asia Market Volume (Sq Mtr) Analysis by Country, 2019 to 2034

Figure 151: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 152: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 153: East Asia Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 154: East Asia Market Volume (Sq Mtr) Analysis by Product Type, 2019 to 2034

Figure 155: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 156: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 157: East Asia Market Value (US$ Million) Analysis by Material, 2019 to 2034

Figure 158: East Asia Market Volume (Sq Mtr) Analysis by Material, 2019 to 2034

Figure 159: East Asia Market Value Share (%) and BPS Analysis by Material, 2024 to 2034

Figure 160: East Asia Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034

Figure 161: East Asia Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 162: East Asia Market Volume (Sq Mtr) Analysis by End User, 2019 to 2034

Figure 163: East Asia Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 164: East Asia Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 165: East Asia Market Attractiveness by Product Type, 2024 to 2034

Figure 166: East Asia Market Attractiveness by Material, 2024 to 2034

Figure 167: East Asia Market Attractiveness by End User, 2024 to 2034

Figure 168: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 169: Middle East and Africa Market Value (US$ Million) by Product Type, 2024 to 2034

Figure 170: Middle East and Africa Market Value (US$ Million) by Material, 2024 to 2034

Figure 171: Middle East and Africa Market Value (US$ Million) by End User, 2024 to 2034

Figure 172: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 173: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 174: Middle East and Africa Market Volume (Sq Mtr) Analysis by Country, 2019 to 2034

Figure 175: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 176: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 177: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2019 to 2034

Figure 178: Middle East and Africa Market Volume (Sq Mtr) Analysis by Product Type, 2019 to 2034

Figure 179: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034

Figure 180: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034

Figure 181: Middle East and Africa Market Value (US$ Million) Analysis by Material, 2019 to 2034

Figure 182: Middle East and Africa Market Volume (Sq Mtr) Analysis by Material, 2019 to 2034

Figure 183: Middle East and Africa Market Value Share (%) and BPS Analysis by Material, 2024 to 2034

Figure 184: Middle East and Africa Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034

Figure 185: Middle East and Africa Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 186: Middle East and Africa Market Volume (Sq Mtr) Analysis by End User, 2019 to 2034

Figure 187: Middle East and Africa Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 188: Middle East and Africa Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 189: Middle East and Africa Market Attractiveness by Product Type, 2024 to 2034

Figure 190: Middle East and Africa Market Attractiveness by Material, 2024 to 2034

Figure 191: Middle East and Africa Market Attractiveness by End User, 2024 to 2034

Figure 192: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

Frequently Asked Questions

What is the expected worth of the carpet and rug market in 2024?

As of 2024, the market for carpets and rugs is expected to be valued at USD 93.5 billion.

What is the anticipated market value for carpet and rug in 2034?

By 2034, the market value of carpets and rugs is expected to reach USD 171.0 billion.

What is the projected forecast CAGR for the carpet and rug market from 2024 to 2034?

From 2024 to 2034, carpet and rugs are expected to flourish at a CAGR of 6.2%.

Based on the material, which segment dominates the carpet and rug market?

The nylon carpet and rug segment is expected to account for a CAGR of 5.8% during 2024 to 2034.

Which country is likely to be at the pinnacle of the market?

South Korea is likely the top-performing market, with a CAGR of 8.0%.

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Carpet and Rug Market