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.

Market Analysis and Insights: Global Carpet Market

Due to the COVID-19 pandemic, the global Carpet market size is estimated to be worth US$ 28770 million in 2022 and is forecast to a readjusted size of US$ 44940 million by 2029 with a CAGR of 6.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Tufted accounting for % of the Carpet global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Commercial segment is altered to an % CAGR throughout this forecast period.

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.

Global Carpet Scope and Market Size

The global Carpet market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Carpet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Tufted

Wilton woven

Woven Axminster

Hand weaving

Others


Segment by Application


Commercial

Home

Transport

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


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