Global Carpet Market Growth 2023-2029

Global Carpet Market Growth 2023-2029

Carpet is a textile floor covering consisting of an upper layer of pile attached to a backing. The pile is generally either made from wool or fibers such as polypropylene, nylon or polyester and usually consists of twisted tufts which are often heat-treated to maintain their structure.

LPI (LP Information)' newest research report, the “Carpet Industry Forecast” looks at past sales and reviews total world Carpet sales in 2022, providing a comprehensive analysis by region and market sector of projected Carpet sales for 2023 through 2029. With Carpet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carpet industry.

This Insight Report provides a comprehensive analysis of the global Carpet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carpet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Carpet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carpet and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carpet.

The global Carpet market size is projected to grow from US$ 28140 million in 2022 to US$ 44440 million in 2029; it is expected to grow at a CAGR of 44440 from 2023 to 2029.

Global Carpet key players include Shaw Industries, Mohawk, Milliken, Beaulieu, Oriental Weavers, etc. Global top five players hold a share about 15%.

North America is the largest market, with a share about 40%, followed by Europe and China, having a total share about 40 percent.

In terms of product, Wilton woven is the largest segment, with a share about 40%. And in terms of application, the largest application is Commercial, followed by Home, Transport.

This report presents a comprehensive overview, market shares, and growth opportunities of Carpet market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Tufted

Wilton woven

Woven Axminster

Hand weaving

Others

Segmentation by application

Commercial

Home

Transport

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Mohawk

Shaw Industries

Tarkett

Interface

Milliken

Dinarsu

Balta

Beaulieu

Oriental Weavers

Dongsheng Carpet Group

Merinos

Dixie Group

Jiangsu Kaili Carpet

Shanhua Carpet

Brintons

Haima Carpet

TY Carpet

HUADE Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Carpet market?

What factors are driving Carpet market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Carpet market opportunities vary by end market size?

How does Carpet break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.