Carpet and Rugs Market size is anticipated to grow from 82.12 USD Billion in 2024 to 148.3 USD Billion by 2035 , at a CAGR of 5.52% from 2025 to 2035

Market Research Future (MRFR) has published a cooked research report on the “Carpets and Rugs Market” that contains information from 2019 to 2035.

The Carpets and Rugs market is estimated to register a CAGR of 5.52% during the forecast period of 2025 to 2035. 

MRFR recognizes the following companies as the key players in the Global Carpets and Rugs Market— Mohawk Industries, Inc. (US), Shaw Industries Group Inc. (US), Genie Carpet Manufacturers (India), Beaulieu International Group (Belgium), Lowe’s Companies, Inc. (US), Tarkett S.A. (France), Interface, Inc. (US), Dixie Group, Inc. (US), Tai Ping Carpets International (China), and Victoria PLC (UK).

Carpets and Rugs Market Highlight

The Carpets and Rugs Market is accounted to register a CAGR of 5.52% during the forecast period and is estimated to reach 148.3 USD Billion by 2035. The market’s growth is primarily driven by rising investments in residential and commercial renovation, growing aesthetic preferences, and the increasing adoption of sustainable and eco-friendly flooring materials. Rapid urbanization, the expansion of the real estate sector, and the growing emphasis on interior décor trends further accelerate market demand. 

The shift toward recyclable and bio-based materials, along with technological advancements such as digital printing, stain-resistant coatings, and smart textiles, is reshaping the carpets and rugs industry. Manufacturers are integrating sustainability with design innovation, leading to the development of carbon-neutral and recycled flooring solutions. 

Segment Analysis

The Global Carpets and Rugs Market has been segmented based on Type, Material, End-Use, and Region. 

• Based on Type, the market is segmented into Woven, Tufted, Knotted, Needle-Punched, and Others. Among these, the Tufted segment dominates the market and is expected to continue leading throughout the forecast period, accounting for around 30–35% of global revenue. Its popularity stems from cost efficiency, design flexibility, and suitability for both residential and commercial applications.


• Based on Material, the market is segmented into Nylon, Polyester, Polypropylene, Cotton, Wool, Silk, Jute, and Others. The Nylon segment holds the largest share and is projected to register the fastest growth during the forecast period due to its high durability, resilience, and stain resistance. The increasing use of recycled nylon and bio-based fibers further contributes to the sustainability focus within the industry.


• Based on End-Use, the market is categorized into Residential, Commercial, and Automotive & Transportation. The Residential segment leads the market, driven by growing home décor trends, enhanced living standards, and the preference for thermal comfort and sound insulation.

Region Analysis

By Region, the Carpets and Rugs Market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. 

• The North American market held a substantial share in 2024, valued at 32.81 USD Billion, and is projected to register a CAGR of 4.25% during the forecast period. The region’s growth is supported by rising home renovation activities, product innovation, and consumer inclination toward luxury flooring. Key manufacturers such as Mannington Commercial and Shaw Industries are introducing carbon-neutral and recyclable products, further reinforcing sustainability leadership.


• Europe is expected to experience steady growth, driven by stringent environmental regulations and initiatives promoting circular economy practices. Programs such as Tarkett’s ReStart recycling initiative reflect the region’s commitment to sustainability and waste reduction.


• The Asia-Pacific region is projected to witness the highest growth rate through 2035, supported by rapid urbanization, rising disposable income, and infrastructure expansion in countries like China, India, and Japan. Major brands, including IKEA, are expanding eco-friendly product lines, aligning with the region’s growing sustainability awareness.


• Rest of the World (Latin America, Middle East & Africa) is anticipated to show moderate growth, with increasing carpet adoption in hospitality and luxury residential sectors driving future opportunities.

Key Findings of the Study

• The Global Carpets and Rugs Market is expected to reach 148.3 USD Billion by 2035, at a CAGR of 5.52% during the forecast period.


• Asia-Pacific accounted for the fastest-growing regional market.


• Based on Type, the Tufted segment held the largest market share in 2024.


• Based on Material, Nylon was identified as the fastest-growing segment due to its durability and sustainability.


• Based on End-Use, the Residential segment led the market in 2024.


• Key players such as Mohawk Industries, Shaw Industries, Interface, Inc., and Tarkett S.A. are emphasizing sustainability, innovation, and product diversification to strengthen market presence.

Related Reports

https://www.marketresearchfuture.com/reports/carpet-and-rugs-market-4154