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IMARC Group has recently released a new research study titled “Carpet Market Size, Share, Trends and Forecast by Material, Price Point, Sales Channel, End User, and Region, 2025-2033”. The study provides a detailed analysis of the industry, including the global carpet market trends, share, size and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
The global carpet market size reached USD 65.01 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 87.32 Billion by 2033, exhibiting a growth rate (CAGR) of 3.3% during 2025-2033. North America currently dominates the market, holding a market share of over 42.2% in 2024. Significant technological advancements, rising environmental concerns, burgeoning real estate and construction projects, and the surge of online retail are major factors boosting the carpet market share.
Global Carpet Market Trends:
The increasing adoption of eco-friendly and sustainable carpet options, driven by heightened environmental awareness among consumers and stricter regulations on sustainable practices, is acting as a growth-inducing factor. Additionally, the growing interest in modular carpet tiles, which offer flexibility and ease of installation, making them ideal for residential and commercial applications, is bolstering the market growth. Besides this, the rise of e-commerce platforms, enabling consumers to access a wider range of products and customization options online, is providing a considerable boost to the market growth.
Factors Affecting the Growth of the Carpet Industry:
Rising Consumer Demand for Home Renovation and Decor:
The increasing consumer demand for home renovation and interior decor is one of the major factors boosting the market growth. Moreover, the growing demand for carpets, as homeowners seek to enhance the aesthetic appeal and comfort of their living spaces, is acting as a growth-inducing factor. Besides this, the growing popularity of home improvement shows and digital platforms that inspire homeowners with ideas and tips on interior design is catalyzing the market growth. Moreover, carpets offer a range of benefits, including insulation, noise reduction, and a cozy atmosphere, making them an attractive option for various rooms in a home. Additionally, the availability of a wide variety of carpets, such as luxurious wool and cost-effective synthetic options, allowing consumers to select products that suit their budget and style preferences, is fueling the market growth.
Rapid Technological Advancements in Carpet Manufacturing:
The rapid technological advancements in carpet manufacturing, leading to enhanced product quality, durability, and design possibilities, are enhancing the market growth. Moreover, the rising innovations in manufacturing processes, such as advanced dyeing techniques and the development of stain-resistant and hypoallergenic materials that improve the functionality and longevity of carpets, are fueling the market growth. Besides this, the burgeoning integration of smart technology, such as carpets with built-in sensors for monitoring room conditions or health-related data, is boosting the market growth. Moreover, the introduction of eco-friendly manufacturing practices and the use of sustainable materials that align with the growing consumer preference for environmentally responsible products is stimulating the market growth.
Growth of the Commercial Sector and Increased Infrastructure Development:
The expansion of the commercial sector and increased infrastructure development are key factors driving the market growth. Additionally, the rise of new commercial buildings, office spaces, hotels, and retail establishments, creating the demand for high-quality flooring solutions that offer durability, aesthetic appeal, and ease of maintenance, is bolstering the market growth. Carpets are favored in commercial settings due to their ability to reduce noise, enhance indoor air quality, and provide a professional appearance. Besides this, the burgeoning product demand in the hospitality industry, as hotels and resorts seek to create inviting and luxurious environments for their guests, is enhancing the market growth.
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Carpet Market Report Segmentation:
Breakup By Material:
Nylon account for the majority of shares owing to their durability and resistance to wear.
Breakup By Price Point:
Economy dominates the market as consumers prioritize affordability in their purchasing decisions.
Breakup By Sales Channel:
Specialty stores represents the majority of shares as they offer a wider selection of high-quality and tailored carpet solutions.
Breakup By End User:
The residential sector holds the majority of shares due to their focus of homeowners on improving comfort and aesthetics.
Breakup By Region:
North America holds the leading position owing to a large market for carpet driven by its well-established construction industry, high standard of living, and frequent home remodeling activities.
Top Carpet Market Leaders:
The carpet market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.
Some of the key players in the market are:
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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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