Global Carpet Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Carpet Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Carpets are textile floor coverings, usually with a layer of fluff. Traditional fluff is made of wool. With the development of industry, most fluff on the market now uses synthetic fibers.

Normal floors are hard and cold, and carpets can insulate people’s feet from cold brick or cement floors. At the same time, because the texture of the carpet is relatively soft, people can sit directly on the carpet or play. Some carpets are thicker, and when moving on the carpet, the sound will be much lower than directly on the floor. In addition, carpets come in a variety of styles and colors and can be used as decorations.

Market Overview:

The latest research study on the global Carpet market finds that the global Carpet market reached a value of USD 58057.0 million in 2022. It’s expected that the market will achieve USD 84571.43 million by 2028, exhibiting a CAGR of 6.47% during the forecast period.

Difference of resumption of production and work in different regions and industries

Affected by COVID-19, the tourism, catering, and hotel industries have been greatly affected. These industries are the main markets for commercial and industrial carpets. Frequent disinfection of these industries during the epidemic will damage the carpets. As the COVID-19 is brought under control, these industries will slowly recover and will consider replacing new carpets or purchasing sterilizing carpets. The carpet industry has many opportunities.
Although the carpet industry may get a lot of orders, it must be noted that many carpet factories have shut down, and the resumption of work must consider the issue of workers. At the same time, the logistics industry, especially transnational logistics, will become difficult due to the different policies among various countries and regions. The time when these related industries return to normal is different, which will affect the normal operation of the carpet industry supply chain.

Shortage of carpet raw materials

Due to the outbreak of COVID-19 worldwide, there is a shortage of protective article almost in every region. On the one hand, to protect medical staff from infection, professional protective clothing and goggles are needed. On the other hand, civilians also need masks to protect themselves and others. This protective article will be in great demand in the short or even long term.
The raw materials of medical protective clothing and masks are chemical fibers, which are the same as the raw materials of chemical fiber carpets. For commercial and industrial carpets, chemical fiber carpets are mainly used. This will lead to an increase in the price of raw materials in the carpet industry, and this trend will not change in a short time.

More and more concern about whether the use of carpet is harmful to health

Most carpets on the market are made of chemicals, such as plastic or chemical fibers. At the same time, for better performance, flame retardants, antifouling agents, and mothproofing agents are usually added to the carpet. More importantly, when installing carpets in a large area indoors, some adhesives are used. The addition of these substances will slowly release low-concentration VOCs into the air during the use of the carpet. This has caused people to panic about the use of carpets, especially in families with babies. In addition, common household carpets and commercial carpets are attached with a layer of fluff. Microorganisms in the air may be attached to the fluff. What impact these microorganisms will have on health is still unknown.
As consumers pay more and more attention to health issues, the development of the traditional carpet industry may encounter certain resistance, and the development of green and harmless carpets will be the trend.

Changes in consumer taste

Consumer taste refers to the products and services that consumers consciously choose. Consumers' culture and income will affect consumer tastes. For the carpet industry, it was just spread on the floor at the beginning to meet the most basic needs, safe and dustproof. Moreover, only the bedroom will use better carpets generally, and cheap carpets may be used elsewhere in the house. With the increase of consumer income, more attention is paid to aesthetics and enjoyment. Better floors are not cheap, but carpets are cheaper than the floors, and carpets are easy to install and disassemble. Therefore, more and more high-quality carpets and beautifully-designed carpet is chosen. Besides, with the increase in environmental protection and health awareness, consumers are more inclined to eco-friendly carpets. Changes in consumer tastes bring more innovation opportunities to the carpet industry.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects

Company Overview:

Mohawk Flooring is one of the major players operating in the Carpet market, holding a share of 7.68% in 2022.

Mohawk Flooring

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring for residential and commercial applications. The Company offers carpet, ceramic tile, laminate, wood, stone, vinyl, and rugs. Mohawk markets residential and commercial flooring in the United States, and residential flooring in Europe.

Shaw Industries Group, Inc.

Shaw Industries Group Inc. designs and manufactures home furnishing and flooring products. The Company offers carpet, rug, hardwood flooring, laminates, resilient, and tiles and stones. Shaw Industries Group markets its products for residential and commercial sectors worldwide.

Segmentation Overview:

Among different product types, Chemical Fiber Carpet segment is anticipated to contribute the largest market share in 2027.

Plastic Carpet

Plastic carpets are mainly made of plastic. Polyvinyl chloride (PVC) and polyethylene terephthalate (PET) are commonly used. The price of plastic is usually relatively cheap, and there are companies that make plastic carpets by recycling plastic, which makes the price of plastic carpets relatively cheaper. In addition, the plastic is waterproof and has strong corrosion resistance, soft material, not easy to deform, and can be used for a long time.

Chemical Fiber Carpet

Chemical Fiber Carpet is made of chemical fiber as the main raw material, including polypropylene fiber (polypropylene), polyacrylonitrile fiber (acrylic), polyester fiber (polyester), nylon fiber (nylon), and other chemical fiber raw materials. The raw materials and synthesis methods of fiber and plastic are nearly the same. The difference is that plastic is a high-molecular polymer with plasticity, while fiber is a high-molecular polymer with considerable length, strength, and elasticity. This results in chemical fiber carpets that feel softer to touch than plastic carpets.
Some chemical fiber carpets can be made to provide the look and feel of wool carpets, but the price is much cheaper than wool carpets. And chemical fiber carpet is generally heat-treated so that its fluff is not easy to fall off, and it is not easy to mold and attract insects. However, chemical fiber is generally easy to burn, but it can be made non-flammable through flame retardant treatment. Besides, chemical fiber carpets are more likely to generate static electricity and absorb dust.

Pure Wool Carpet

Pure Wool Carpets are pure natural carpets made of real wool. Wool is a kind of natural fiber. Pure wool carpet maintains the fiber strength of wool, which makes it a very tight and strong structure, and very soft to the touch, which makes it more comfortable than other types of carpets. Pure wool carpet is very durable, but there are some problems, such as easy to dye, easier to attract insects, and insects can damage the carpet. Besides, pure wool carpets have low-resistance to the washing of chemical cleaning agents and are not easy to resist stains.

Application Overview:

The market's largest segment by application is the segment Household, with a market share of 67.56% in 2021.

Industrial

The floor of factories is basically cement floors, and cement floors are able to accumulate plenty of dust over time. This dust may affect the normal production operations of the factory, such as contaminating products and influencing employees' health by inhalation of dust. Using industrial carpets can avoid these things as much as possible. Industrial carpets generally do not have fluff, mainly to prevent dust accumulation, and some of them are anti-skid.

Household

There are different styles and types of Household Carpets. For example, there are carpets specifically designed to make it easier to clean up pet stains and hair, and to minimize the odor after cleaning up the stains. There are also soft and comfortable carpets suitable for family members or children to play. There are also some carpets used as decoration to make the house look better overall.

Commercial

Commercial Carpets can be seen everywhere, especially in hotels and restaurants. These are high foot traffic areas and easy to be stained. Frequent floor cleaning is not only labor-intensive but also damages the floor. Using carpets can better protect the floor and easier to clean. In addition, due to the variety of materials used to make carpets, it is easy to dye the carpets and design them into a variety of shapes. For example, the carpets can be made in the shape of lawns and used in some commercial events.

Key Companies in the global Carpet market covered in Chapter 3:

Balta
DINARSU
Debomat
Engineered Floors
Brintons
Astra
Milliken
Desso Hospitality
Shaw Industries Group, Inc.
Interface
Mohawk Flooring
DongSheng Carpet Group
Dixie Group Inc
Beaulieu International Group
Oriental Weavers Group

In Chapter 4 and Chapter 14.2, on the basis of types, the Carpet market from 2018 to 2029 is primarily split into:

Plastic Carpet
Chemical Fiber Carpet
Pure Wool Carpet

Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Carpet market from 2018 to 2029 covers:

Industrial
Household
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)