Market Overview:
The global carpet market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the global carpet market can be attributed to factors such as increasing demand for carpets from commercial and residential applications, and rising awareness about hygiene and healthy living among consumers. In terms of type, the woven segment is expected to lead the global carpet market during the forecast period, followed by needle felt and knotted segments. Among applications, commercial segment is projected to witness highest growth during the forecast period owing to increasing demand for carpets from offices, hospitals, schools etc. Geographically, North America dominates the global carpet market followed by Europe and Asia Pacific region.
Product Definition:
A carpet is a textile floor covering typically consisting of an upper layer of pile attached to a backing. The pile is generally either made from wool, or a synthetic fiber such as polypropylene, nylon or polyester.
Woven:
Woven is a fabric which is made by interlacing threads or yarns of different materials. Woven fabrics have higher strength and durability as compared to non-woven fabrics. The basic types of woven products include carpet, apparel & accessories, geotextiles, bags & pouches and medical devices among others.
The global market for woven product was estimated at USD 472 billion in 2016.
Needle felt:
Carpets are used in household, commercial and industrial applications. Needle felt is a type of carpet that is made up of short fibers and it's needles are made from synthetic or natural materials. Needle felt can be produced in various grades which include standard grade, anti-bacterial grade, stain resistance grade and water resistant (wet area)grade among others.
Application Insights:
The commercial application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing construction activities in emerging economies of Asia Pacific and Latin America. In addition, rapid expansion of shopping malls & complexes across developed countries including U.S., Germany, France, U.K., Spain, Italy etc is expected to propel industry demand over the next eight years.
The home application segment accounted for a share of more than 50% in 2017 owing to rising consumer preference for carpet flooring solutions at homes instead of commercial spaces such as offices and retail stores where space is limited.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of the total global population and more than half of the total global GDP. Thus, it has a significant impact on overall industry trends. China, India, Pakistan, Bangladesh are some of Asia Pacific’s most populous countries with large consumer markets that have been witnessing strong economic growth over recent years.
The construction sector in Asia Pacific is one of the largest worldwide; however, it has been suffering from decelerating growth owing to increasing financial stress caused by rising labor costs coupled with growing regulatory pressure not to use expensive imported materials such as carpets during peak construction seasons.
Growth Factors:
- Increasing demand from the construction sector as a result of growth in the global population and rising disposable incomes.
- Rising awareness about the benefits of using carpets, which is resulting in an increase in their adoption across residential and commercial spaces.
- Technological advancements that are making carpets more durable, easier to clean, and more aesthetically pleasing.
- The increasing popularity of open-plan living spaces, which is leading to a rise in demand for carpets that can be used to create comfortable and stylish living areas.
- The growing trend of home staging, which is encouraging homeowners to invest in high-quality carpets as a way of enhancing the appearance of their properties before putting them up for sale
Scope Of The Report
Report Attributes
Report Details
Report Title
Carpet Market Research Report
By Type
Woven, Needle felt, Knotted, Others
By Application
Commercial, Home, Transport
By Companies
Shaw Industries, Mohawk, Oriental Weavers, Milliken, Beaulieu, Interface, Dinarsu, Balta, Infloor, Tarkett, Dixie Group, Brintons, Merinos, Dongsheng Carpet Group, Jiangsu Kaili Carpet, Shanhua Carpet, Haima Carpet, TY Carpet, COC Carpet, Shenzhen Meijili Carpet, HUADE Group, Zhemei Carpets
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Carpet Market Report Segments:
The global Carpet market is segmented on the basis of:
Types
Woven, Needle felt, Knotted, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Home, Transport
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shaw Industries
- Mohawk
- Oriental Weavers
- Milliken
- Beaulieu
- Interface
- Dinarsu
- Balta
- Infloor
- Tarkett
- Dixie Group
- Brintons
- Merinos
- Dongsheng Carpet Group
- Jiangsu Kaili Carpet
- Shanhua Carpet
- Haima Carpet
- TY Carpet
- COC Carpet
- Shenzhen Meijili Carpet
- HUADE Group
- Zhemei Carpets
Highlights of The Carpet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Woven
- Needle felt
- Knotted
- Others
- By Application:
- Commercial
- Home
- Transport
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carpet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carpet is a type of flooring that is typically made from woven fibers such as wool, cotton, or silk. Carpet can be either flat or plush and often has a low pile height.
Some of the major companies in the carpet market are Shaw Industries, Mohawk, Oriental Weavers, Milliken, Beaulieu, Interface, Dinarsu, Balta, Infloor, Tarkett, Dixie Group, Brintons, Merinos, Dongsheng Carpet Group, Jiangsu Kaili Carpet, Shanhua Carpet, Haima Carpet, TY Carpet, COC Carpet, Shenzhen Meijili Carpet, HUADE Group, Zhemei Carpets.
The carpet market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Carpet Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Carpet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Carpet Market - Supply Chain
4.5. Global Carpet Market Forecast
4.5.1. Carpet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Carpet Market Size (000 Units) and Y-o-Y Growth
4.5.3. Carpet Market Absolute $ Opportunity
5. Global Carpet Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Carpet Market Size and Volume Forecast by Type
5.3.1. Woven
5.3.2. Needle felt
5.3.3. Knotted
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Carpet Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Carpet Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Home
6.3.3. Transport
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Carpet Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Carpet Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Carpet Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Carpet Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Carpet Demand Share Forecast, 2019-2026
9. North America Carpet Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Carpet Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Carpet Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Home
9.4.3. Transport
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Carpet Market Size and Volume Forecast by Type
9.7.1. Woven
9.7.2. Needle felt
9.7.3. Knotted
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Carpet Demand Share Forecast, 2019-2026
10. Latin America Carpet Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Carpet Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Carpet Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Home
10.4.3. Transport
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Carpet Market Size and Volume Forecast by Type
10.7.1. Woven
10.7.2. Needle felt
10.7.3. Knotted
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Carpet Demand Share Forecast, 2019-2026
11. Europe Carpet Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Carpet Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Carpet Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Home
11.4.3. Transport
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Carpet Market Size and Volume Forecast by Type
11.7.1. Woven
11.7.2. Needle felt
11.7.3. Knotted
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Carpet Demand Share, 2019-2026
12. Asia Pacific Carpet Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Carpet Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Carpet Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Home
12.4.3. Transport
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Carpet Market Size and Volume Forecast by Type
12.7.1. Woven
12.7.2. Needle felt
12.7.3. Knotted
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Carpet Demand Share, 2019-2026
13. Middle East & Africa Carpet Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Carpet Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Carpet Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Home
13.4.3. Transport
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Carpet Market Size and Volume Forecast by Type
13.7.1. Woven
13.7.2. Needle felt
13.7.3. Knotted
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Carpet Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Carpet Market: Market Share Analysis
14.2. Carpet Distributors and Customers
14.3. Carpet Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shaw Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mohawk
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Oriental Weavers
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Milliken
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Beaulieu
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Interface
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dinarsu
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Balta
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Infloor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tarkett
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dixie Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Brintons
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Merinos
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Dongsheng Carpet Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jiangsu Kaili Carpet
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shanhua Carpet
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Haima Carpet
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. TY Carpet
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COC Carpet
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shenzhen Meijili Carpet
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook