Report Code: CMI30358

Published Date: September 2023

Pages: 220+

Category: USA

Report Snapshot

CAGR: 4.3%
33.29B
2022
34.74B
2023
50.56B
2032

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: USA
Largest Market: USA

Major Players

  • Mohawk Industries Inc.
  • Shaw Industries Group Inc.
  • Beaulieu of America
  • Dixie Group Inc.
  • Engineered Floors LLC
  • Others

Exclusive, in-depth market intelligence can help you increase your Revenue.

Download Sample Pdf

Reports Description

As per the current market research conducted by CMI Market Research Team, the US Carpets and Rugs Market is expected to record a CAGR of 4.3% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 33.29 Billion. By 2030, the valuation is anticipated to reach USD 50.56 Billion.

The US Carpets and Rugs market refers to the industry involved in the manufacturing, distribution, and sale of floor coverings made from diverse materials, such as fabrics, fibers, and synthetic materials. It includes a vast range of goods that are intended to improve the aesthetics, comfort, and functioning of residential and business spaces.

The market operates in a competitive context, influenced by variables such as shifting customer preferences, technical improvements, and concerns about sustainability. Current developments include a push towards environmentally friendly solutions, more internet purchasing, the incorporation of modern technology, and customization to satisfy consumer needs for durability, maintenance, and performance enhancement.

US Carpets and Rugs Market – Significant Growth Factors

The US Carpets and Rugs market presents significant growth opportunities due to several factors:

  • Eco-Friendly Focus: The US Carpets and Rugs market is witnessing a rising demand for sustainable and environmentally friendly products. Consumers are becoming more aware of the ecological impact and are seeking carpets and rugs made from recycled materials or natural fibers.
  • Technological Innovations: Advancements in technology are driving the market with the introduction of innovative products. Improved manufacturing methods and the incorporation of smart features provide carpets and rugs with increased durability, stain resistance, easy cleaning, and even connectivity options, meeting the evolving needs of consumers.
  • Online Retail Boom: The growth of online retail and e-commerce platforms has created substantial prospects for the carpets & rugs market. Consumers are becoming more comfortable purchasing these things online, and businesses may use digital platforms to reach a larger client base and provide a diverse choice of possibilities.
  • Personalized Touch: Customization is becoming increasingly popular in the market. Customers want carpets and rugs that may be customised to their unique design, colour, pattern, or size requirements. Manufacturers and retailers can capitalise on this trend by offering customisation options that suit to consumers’ various wants.
  • Focus on Health and Well-being: Consumers are prioritizing the construction of healthy and safe living spaces, resulting to a growth in demand for allergen-free carpets and rugs that are low in volatile organic compounds (VOCs). Companies can capitalise on this opportunity by developing solutions that improve indoor air quality while also contributing to overall well-being.
  • Commercial Sector Expansion: The Carpets and Rugs market in the US is experiencing growth in the commercial sector, including offices, hotels, restaurants, and retail spaces. These sectors require carpets and rugs to enhance the ambience, acoustics, and safety of their spaces, creating favourable prospects for manufacturers and suppliers to meet the growing demand in these segments.

US Carpets and Rugs Market – Mergers and Acquisitions

The US Carpets and Rugs market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the rugs market include:

  • Mohawk Industries and KAI Group: In 2021, Mohawk Industries acquired the rugs and carpets business of KAI Group, a leading manufacturer in the Asia-Pacific region. This strategic partnership aimed to expand Mohawk Industries’ global reach and strengthen its position in the US Carpets and Rugs market.
  • Shaw Industries Group and Engineered Floors: In 2019, Shaw Industries Group, a prominent US carpets and flooring manufacturer, acquired Engineered Floors, a leading producer of residential and commercial carpets. This acquisition enabled Shaw Industries Group to broaden its product portfolio and enhance its manufacturing capabilities, strengthening its market presence in the US.
  • Dixie Group and Atlas Carpet Mills: In 2017, a US-based manufacturer of carpets and rugs, acquired Atlas Carpet Mills, a leading supplier of commercial carpets. This strategic acquisition allowed Dixie Group to enhance its capabilities in the commercial sector and broaden its product offerings, strengthening its presence in the US market.
  • Beaulieu International Group and Marlings: In 2018, Beaulieu International Group, a major player in the global flooring industry, acquired Marlings, a UK-based manufacturer of carpets and vinyl flooring. This acquisition allowed Beaulieu International Group to expand its product offerings and strengthen its position in the US Carpets and Rugs market.
  • Interface and Nora systems: In 2018, Interface, a global leader in modular flooring, acquired Nora systems, a leading provider of premium rubber flooring solutions. This strategic acquisition allowed Interface to diversify its product range and offer a comprehensive portfolio of carpets, rugs, and rubber flooring options to cater to a wide range of customer needs.
  • Mohawk Industries and IVC Group: In 2015, Mohawk Industries acquired IVC Group, a European manufacturer of luxury vinyl tile (LVT) and vinyl sheet products. This acquisition expanded Mohawk Industries’ product portfolio and provided access to innovative flooring technologies, further strengthening its position in the US Carpets and Rugs market.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the US Carpets and Rugs market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

US Carpets and Rugs Market North America Carpets and Rugs Market Carpets and Rugs Market
CAGR 4.2% (Approx) CAGR 4.2% (Approx) CAGR 5.5% (Approx)
USD 46.21 Billion by 2030 USD 54.37 Billion by 2032 USD 120 Billion by 2030

US Carpets and Rugs Market – Significant Threats

The US Carpets and Rugs market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Intense Competition: The market is highly competitive, with numerous manufacturers, retailers, and suppliers vying for market share. Increased competition can lead to price pressures and reduced profit margins.
  • Economic Volatility: Economic fluctuations and uncertainties, such as recessions or downturns, can affect consumer spending on non-essential items, including carpets and rugs. Economic instability poses a threat to market demand and growth.
  • Shifting Consumer Preferences: Changing consumer preferences and trends in interior design styles, colors, and materials can impact market demand. Manufacturers and retailers must adapt to evolving consumer tastes to remain competitive.
  • Environmental Concerns: Growing awareness and emphasis on sustainability and eco-friendliness pose a threat to the market. Consumers increasingly demand environmentally conscious products, and companies that fail to address sustainability concerns may lose market share.
  • Raw Material Price Volatility: Fluctuations in the prices of raw materials used in carpet and rug production, such as textiles and fibers, can impact production costs and pricing of finished products, affecting market competitiveness.
  • Technological Disruption: Advances in technology, such as alternative flooring options or innovative materials, may disrupt the traditional carpets and rugs market. Companies must stay abreast of technological developments to avoid being left behind.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 34.74 Billion
Projected Market Size in 2032 USD 50.56 Billion
Market Size in 2022 USD 33.29 Billion
CAGR Growth Rate 4.3% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Type, Material, End User and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Country Scope US
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

By Type:

  • Tufted: In the US Carpets and Rugs market, tufted carpets and rugs refer to floor coverings made by inserting yarns into a backing material to create loops or cut piles. Tufted products offer a balance between quality, cost-effectiveness, and versatility, making them popular among consumers. A notable trend in the market is the increasing demand for tufted carpets and rugs with unique patterns, vibrant colours, and enhanced durability, catering to evolving interior design preferences.
  • Synthetic fibers: Woven carpets and rugs in the US Carpets and Rugs market refer to products created through the interlacing of yarns or fibers in a woven structure. These carpets and rugs offer durability, intricate designs, and a wide range of patterns and textures. A notable trend in Europe is the growing popularity of woven carpets and rugs with contemporary and minimalist designs, reflecting the preference for sleek and sophisticated aesthetics in interior design.
  • Needle-Punched: Needle-punched carpets and rugs are made by connecting fibres mechanically with barbed needles. They are well-known for their long life, hardiness, and low cost. Needle-punched carpets and rugs are becoming increasingly popular in Europe due to their suitability for high-traffic locations such as commercial spaces and public buildings, where durability and low maintenance are necessary.
  • Knotted: Knotted carpets and rugs are crafted by hand or machine, with individual yarns being tied to the foundation. They are valued for their intricate designs, luxurious texture, and craftsmanship. In Europe, the demand for knotted carpets and rugs is driven by the appreciation for traditional and artisanal aesthetics, as well as the preference for high-quality and timeless flooring options.
  • Others: The other category in Europe’s carpets and rugs market encompasses various types of floor coverings, including tufted, woven, and printed carpets. These offer diverse design options, from bold patterns to subtle textures, catering to different consumer preferences. This segment experiences continuous innovation, with advancements in materials, production techniques, and design patterns, providing consumers with a wide range of choices for their flooring needs.

US Carpets and Rugs Market 2023–2032 (By Billion)

www.custommarketinsight.com

By Material:

  • Nylon: Nylon is widely used in the Europe market for carpets and rugs. It is well-known for its strength, tenacity, and stain resistance. Nylon carpets and rugs are in high demand due to their ability to resist heavy foot activity while maintaining their appearance over time. The current trend in Europe’s carpets and rugs market is focused on sustainable nylon production methods and innovative designs that combine both style and functionality.
  • Polyester: Polyester is another popular material in the Europe market for carpets and rugs. It offers various advantages, including softness, vibrant colours, and stain resistance. Carpets and rugs made from polyester are favoured for their luxurious feel and their ability to add elegance to any space. The present trend in the European carpets and rugs market is a growing need for sustainable polyester manufacturing methods as well as the creation of creative patterns to match changing consumer preferences.
  • Polypropylene: Polypropylene is commonly used in the European market for carpets and rugs due to its low cost, simplicity of care, and moisture resistance. Polypropylene carpets and rugs are well-known for their long life and resilience to abrasion. In Europe, there is a growing need for polypropylene goods that are sustainable, such as recyclability and low environmental effects.
  • Others: Alongside nylon, polyester, and polypropylene, the Europe market for carpets and rugs also includes materials like wool and blends. Wool carpets and rugs are valued for their natural warmth, softness, and luxurious qualities. Blends of diverse fibres provide a combination of desirable properties such as durability, softness, and stain resistance. The market trend in Europe’s carpets and rugs business highlights an increasing emphasis on sustainability, eco-friendly manufacturing processes, and the use of innovative materials and designs to fulfil consumers’ changing needs.

By End User:

  • Residential: In the US Carpets and Rugs market, the residential sector refers to the usage of carpets and rugs in homes and apartments. The demand in this segment is driven by the desire for comfortable and visually appealing living spaces. Current trends include a preference for softer textures, versatile designs, and eco-friendly materials, catering to the evolving needs and preferences of homeowners.
  • Non-Residential: The non-residential sector in the US Carpets and Rugs market encompasses commercial spaces such as offices, retail stores, hotels, and public buildings. The demand in this segment is influenced by factors like aesthetics, durability, and functionality. Trending preferences include carpet tiles for easy installation and maintenance, noise reduction solutions, and the incorporation of sustainable materials to align with corporate responsibility goals.
  • Automotive & Transportation: The automotive and transportation sector involves the use of carpets and rugs in vehicles, including cars, aeroplanes, trains, and buses. The market in this segment is driven by factors like comfort, noise reduction, and interior aesthetics. Trends include the adoption of advanced materials with enhanced durability, stain resistance, and customization options to meet the unique requirements of vehicle manufacturers and consumers.

US Carpets and Rugs Market 2023–2032 (By Material)

www.custommarketinsight.com

US Carpets and Rugs Market – Regional Analysis

The US Carpets and Rugs market is segmented into various locations of the US, including the West, Midwest, Northeast, and South. Here is a brief overview of each region:

  • West US: Sustainable and eco-friendly carpets and rugs are in high demand in the Western United States. Consumers in this region are becoming more environmentally concerned, and they choose products manufactured from recycled materials or natural fibres. Additionally, there is a trend towards modern and minimalistic designs, with neutral color palettes and geometric patterns. Dominating manufacturers in the West US include Shaw Industries and Mohawk Industries.
  • Midwest US: The Midwest US market is witnessing a rise in demand for carpets and rugs that offer warmth and comfort. Consumers in this region value cozy and inviting spaces, leading to the popularity of plush and soft carpet options. There is also an inclination towards traditional and classic designs, with rich colors and intricate patterns. Key manufacturers dominating the Midwest US market include Beaulieu of America and Interface.
  • Northeast US: Luxury and high-end carpets and rugs are becoming increasingly popular in the Northeast United States. Premium fabrics, such as wool or silk, and sophisticated designs that lend beauty to their living spaces are sought after by consumers in this region. There is also a demand for carpets and rugs that offer superior durability and stain resistance. Leading manufacturers in the Northeast US market include Stanton Carpet Corporation and Nourison Industries.
  • South US: The South US market is characterized by a preference for carpets and rugs that can withstand high foot traffic and humid climates. Consumers in this region prioritize functionality and easy maintenance. Popular trends include stain-resistant and moisture-resistant carpets, as well as carpets with cooling properties. Domination manufacturers in the South US market include Dixie Group and Engineered Floors.

US Carpets and Rugs Market 2023–2032 (By End User)

www.custommarketinsight.com

Competitive Landscape – US Carpets and Rugs market

The US Carpets and Rugs market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • Mohawk Industries Inc.
  • Shaw Industries Group Inc.
  • Beaulieu of America
  • Dixie Group Inc.
  • Engineered Floors LLC
  • Interface Inc.
  • Tarkett Group
  • Stanton Carpet Corporation
  • Couristan Inc.
  • Masland Carpets & Rugs
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships. For example, in 2021, Shaw Industries, a leading manufacturer, introduced innovative carpet and rug collections that focused on sustainability and performance.

Similarly, Mohawk Industries expanded its production capabilities by investing in state-of-the-art manufacturing facilities. These developments highlight the industry’s commitment to offering environmentally friendly products and advancing manufacturing processes to meet evolving consumer demands.

In recent years, several new players have emerged in the US Carpets and Rugs market, focusing on innovation and product development to enter the industry. Several new players have embraced innovation and development to enter the US Carpets and Rugs market.

For instance, Interface, a global leader in modular flooring, has introduced innovative carpet tile designs that combine aesthetics with sustainability. Another example is Tarkett, which has focused on creating carpets and rugs with advanced features such as enhanced durability and ease of maintenance.

In terms of key players dominating the market, companies like Mohawk Industries and Shaw Industries hold significant market shares. They leverage their extensive product portfolios, strong distribution networks, and strategic partnerships to maintain a competitive edge and cater to diverse customer demands, solidifying their position as industry leaders.

The US Carpets and Rugs Market is segmented as follows:

By Type

  • Tufted
  • Woven
  • Needle-Punched
  • Knotted
  • Others

By Material

  • Nylon
  • Polyester
  • Polypropylene
  • Others

By End User

  • Residential
  • Non-Residential
  • Automotive & Transportation
Regional Coverage:
  • West US
  • Midwest US
  • Northeast US
  • South US

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 US Carpets and Rugs Market, (2024 – 2033) (USD Billion)
    • 2.2 US Carpets and Rugs Market: snapshot
  • Chapter 3. US Carpets and Rugs Market – Industry Analysis
    • 3.1 US Carpets and Rugs Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Eco-Friendly Focus
      • 3.2.2 Technological Innovations
      • 3.2.3 Online Retail Boom
      • 3.2.4 Personalized Touch
      • 3.2.5 Focus on Health and Well-being
      • 3.2.6 Commercial Sector Expansion.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By Type
      • 3.7.2 Market Attractiveness Analysis By Material
      • 3.7.3 Market Attractiveness Analysis By End User
  • Chapter 4. US Carpets and Rugs Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 US Carpets and Rugs Market: Company Market Share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaboration, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. US Carpets and Rugs Market – Type Analysis
    • 5.1 US Carpets and Rugs Market Overview: By Type
      • 5.1.1 US Carpets and Rugs Market Share, By Type, 2022 and – 2033
    • 5.2 Tufted
      • 5.2.1 US Carpets and Rugs Market by Tufted, 2024 – 2033 (USD Billion)
    • 5.3 Woven
      • 5.3.1 US Carpets and Rugs Market by Woven, 2024 – 2033 (USD Billion)
    • 5.4 Needle-Punched
      • 5.4.1 US Carpets and Rugs Market by Needle-Punched, 2024 – 2033 (USD Billion)
    • 5.5 Knotted
      • 5.5.1 US Carpets and Rugs Market by Knotted, 2024 – 2033 (USD Billion)
    • 5.6 Others
      • 5.6.1 US Carpets and Rugs Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 6. US Carpets and Rugs Market – Material Analysis
    • 6.1 US Carpets and Rugs Market Overview: By Material
      • 6.1.1 US Carpets and Rugs Market Share, By Material, 2022 and – 2033
    • 6.2 Nylon
      • 6.2.1 US Carpets and Rugs Market by Nylon, 2024 – 2033 (USD Billion)
    • 6.3 Polyester
      • 6.3.1 US Carpets and Rugs Market by Polyester, 2024 – 2033 (USD Billion)
    • 6.4 Polypropylene
      • 6.4.1 US Carpets and Rugs Market by Polypropylene, 2024 – 2033 (USD Billion)
    • 6.5 Others
      • 6.5.1 US Carpets and Rugs Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 7. US Carpets and Rugs Market – End User Analysis
    • 7.1 US Carpets and Rugs Market Overview: By End User
      • 7.1.1 US Carpets and Rugs Market Share, By End User, 2022 and – 2033
    • 7.2 Residential
      • 7.2.1 US Carpets and Rugs Market by Residential, 2024 – 2033 (USD Billion)
    • 7.3 Non-Residential
      • 7.3.1 US Carpets and Rugs Market by Non-Residential, 2024 – 2033 (USD Billion)
    • 7.4 Automotive & Transportation
      • 7.4.1 US Carpets and Rugs Market by Automotive & Transportation, 2024 – 2033 (USD Billion)
  • Chapter 8. US Carpets and Rugs Market – Regional Analysis
    • 8.1 US Carpets and Rugs Market Regional Overview
    • 8.2 US Carpets and Rugs Market Share, by Region, 2022 & – 2033 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Mohawk Industries Inc.
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Shaw Industries Group Inc.
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Beaulieu of America
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Dixie Group Inc.
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Engineered Floors LLC
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Interface Inc.
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Tarkett Group
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Stanton Carpet Corporation
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Couristan Inc.
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Masland Carpets & Rugs
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Others.
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
List Of Figures

Figures No 1 to 23

List Of Tables

Tables No 1 to 2

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Mohawk Industries Inc.
  • Shaw Industries Group Inc.
  • Beaulieu of America
  • Dixie Group Inc.
  • Engineered Floors LLC
  • Interface Inc.
  • Tarkett Group
  • Stanton Carpet Corporation
  • Couristan Inc.
  • Masland Carpets & Rugs
  • Others

FAQs

The key factors driving the Market are Eco-Friendly Focus, Technological Innovations, Online Retail Boom, Personalized Touch, Focus on Health and Well-being And Commercial Sector Expansion.

The “Material” category dominated the market in 2022.

The key players in the market are Mohawk Industries Inc., Shaw Industries Group Inc., Beaulieu of America, Dixie Group Inc., Engineered Floors LLC, Interface Inc., Tarkett Group, Stanton Carpet Corporation, Couristan Inc., Masland Carpets & Rugs, Others.

The market is projected to grow at a CAGR of 4.3% during the forecast period, 2023-2032.

The US Carpets and Rugs Market size was valued at USD 33.29 Billion in 2022.

PURCHASE OPTIONS

$

2890


$

3890


$

4890


$

1890


$

2390

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • Report in your Language.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Report in your Language.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • In-Depth Company Profiles.
  • SWOT Analysis.
  • Identify your Competitors.
  • Recent Development Analysis.
  • Competitor Pricing Strategies.
  • Competitor Marketing Strategies.
  • Competitor Positioning and Messaging.
  • Competitor Product’s Strengths.
  • Free 20% or 10 Hours of Customisation.
  • 15% Discount on your Next Purchase.
  • Upgradable to other licenses.
  • PDF Format.
  • Permission to Print the Report.

Want to customize this report?
100% FREE CUSTOMIZATION!