Global Carpet Market Size Likely to Grow at a CAGR of 3.2% By 2035

The market size of global carpet will be estimated at USD 65.2 billion in 2025 and is expected to grow to between USD 67.3 billion in 2026 and about USD 89.3 billion by 2035, with a current CAGR (compound annual growth rate) of 3.2% during the period of 2026 to 2035.

Carpet Market Revenue and Trends

A carpet is a resilient, textile-based covering that is installed on a floor surface to increase the function and aesthetics of interior space by providing the user with comfort, sound deadening, and insulation. Carpets are manufactured from either natural fibers such as wool or synthetic fibers such as nylon and polyester, which are woven or tufted into a backing. Carpets are an integral part of any residential, commercial, or institutional interior space.

What are the Factors That Have a Significant Contribution to the Growth of the Carpet Market?

The significant research and trends highlighting the consumer-driven shift toward broader, more interior, and decorative flooring is a key driving force for the carpet market, as consumers are looking for an aesthetic and more customized work and living environment. Social networks, interior designing sites, home decor sellers, and others are exposing consumers to a wider range of inspirations for home decor.

This serves as a reminder that flooring has evolved beyond its utilitarian purpose and has become essential for interior styling. Decorative carpets can be quite appealing in such a scenario, with huge color, texture, design & styling options available, which can obviously be customized by the consumers. This trend, along with the concept of theme-based interiors & accessories (theme-based luxury living, themed home decor, matching furniture, and others) comfortably falling in the favor of decorative carpets, further boosts the demand.

Also, the growth of the hospitality, commercial, and real estate sectors is one of the prominent factors that are catalyzing the growth of the carpet market. High-quality and aesthetic flooring is the key requirement in such sectors for providing a quality experience to the customers as well as for enhancing property value. The pace of growth in the number of hotels, resorts, offices, shopping malls, and premium residential projects is boosting the demand for carpets by providing comfort, soundproofing, and appealing ambiance in high-traffic areas.

At the same time, the demand for customized and premium flooring is also growing for unique designs, textures, and branding elements that depict personality. Luxury carpets produced using high-end material and tailor-made textures and looks are becoming more popular in luxury hotels and commercial spaces to create signature spaces. Development of infrastructures and substantial investments in real estate are further fueling the demand for carpets in different sectors.

Regional Insights

North America contributed the most market share in 2025. The region is witnessing rapid growth owing to huge consumer renovation investments, highly developed infrastructure for construction, and a giant consumer spend on furnishing their homes and premises. The region, including US has a very well-established housing sector with an aging stock of existing housing, which is increasing demand for remodeling and floor covering replacement, including carpets.

The established presence of large commercial segments, including corporate offices, hotels, and shopping areas, will also increase demand for highly durable and aesthetically appealing flooring material. The consumers in North America prefer more comfort-oriented and luxurious interior furnishings. The new technological innovations, namely carpet material that is resistant to stains and eco-friendly carpet materials, are also catching on owing to the growing concerns regarding environmental concerns and regulatory requirements.

Besides, the Asia Pacific is expected to grow at the highest CAGR during the projected period. The presence of major players and advancements in manufacturing drives the industry growth.

Report Scope

Recent Developments

• In April 2026, Ann Gish, the luxury bed linens brand known for its exquisite fabrics, detailing, and quality construction, is debuting a new collection of designs as part of their longstanding collaboration with The Metropolitan Museum of Art. Following the success of 5 years of The Met x Ann Gish luxury linens, the new line will target an accessible price point under Gish’s successful Ready-to-Bed program while maintaining the quality and unique design for which the collaboration collection has become known.

List of the prominent players in the Carpet Market:

• Mohawk Industries Inc.
• Mannington Mills Inc.
• Dorsett Industries Inc.
• Interface Inc.
• Lowe’s Companies Inc.
• Brumark (Exploring Inc.)
• Milliken & Company
• Beaulieu International Group
• Oriental Weavers
• Shaw Industries Group Inc. (Berkshire Hathaway Inc.)
• Tai Ping Carpets International Limited
• Tarkett
• Victoria PLC
• Jaipurrugs com
• Fabrica
• Stark
• Anderson Tuftex
• Others