Tufted Carpet Market Size, Share, Trends, Growth Outlook

The Global Tufted Carpet Market Size is estimated to register 6.5% growth over the forecast period from 2023 to 2030.

 

The market growth is driven by the increasing popularity of customizable tufted carpets, allowing consumers to choose patterns, colors, and textures to match their interior design preferences. Leading Companies focusing on Sustainability and Eco-friendliness, Smart and High-Tech Carpets, Digitalization and E-commerce, Health and Well-being, Luxury and High-end Market, Smart Marketing and Customer Engagement, Innovation and Competition, Global Health Concerns, and others to boost market shares in the industry.

 

 

Market Overview

The tufted carpet market encompasses soft and comfortable carpets used in residential and commercial spaces, driven by consumer preferences, interior design trends, renovation activities, and sustainability concerns. Customization and innovation, such as smart carpet technology and modular carpet tiles, are key trends. While competition from alternative flooring options is a challenge, manufacturers are increasingly focusing on sustainability and eco-friendly materials. The market varies by region, influenced by factors like climate and economic conditions.

 

Market Dynamics

Market Trends- Rising disposable incomes, the popularity of luxury living, and the growing awareness of the benefits of high-quality carpets are driving the demand for luxury and high-end carpets.

The Tufted Carpet Market is experiencing increased demand for luxury and high-end carpets due to a combination of factors. Rising disposable incomes have allowed consumers to invest in premium interior decor, and the allure of luxury living has fueled a desire for opulent floor coverings. Moreover, there is a growing awareness of the numerous benefits associated with high-quality carpets, such as enhanced comfort, insulation, and aesthetic appeal, which has further boosted the demand for top-tier tufted carpets in both residential and commercial.

 

Market Driver- The demand for modular carpet tiles in the tufted carpet market is increasing

The demand for modular carpet tiles is on the rise in the Tufted Carpet Market. These tiles offer a versatile and practical flooring solution, particularly in commercial settings, due to their ease of installation, flexibility in design, and convenience in replacing damaged sections. Their popularity is attributed to factors like cost-effectiveness, sustainability, and adaptability, as they can be easily reconfigured to accommodate changing office layouts or design preferences.

 

Market Opportunity- The introduction of new real estate developments is driving the demand for tufted carpets.

The introduction of new real estate developments is playing a pivotal role in driving the demand for tufted carpets in the market. As the construction and real estate sectors continue to expand, newly developed residential and commercial spaces are seeking comfortable and aesthetically appealing flooring solutions, with tufted carpets being a popular choice. These carpets enhance the overall ambiance of spaces, making them more attractive to potential buyers and tenants. The growing emphasis on interior design and comfort within these new developments has led to an increased need for tufted carpets as a key component in enhancing the value and desirability of properties.

 

Market Share Analysis- Machine made Tufted Carpet Market will register the fastest growth

The Global Tufted Carpet Market is analyzed across Handmade, Machine Made, and others. Machine-made is poised to register the fastest growth. The machine-made tufted carpet market is a key segment of the carpet industry, characterized by automated production processes for cost-effective and versatile carpets. These carpets find applications in both residential and commercial spaces, with a focus on design variety, affordability, and sustainability. Advancements in tufting technology allow for intricate designs and improved durability. Sustainability is also becoming more important, with manufacturers adopting eco-friendly practices and materials. The market's significance is expected to persist as consumers seek stylish, cost-effective, and environmentally conscious flooring solutions.

 

Market Share Analysis- Nylon held a significant market share in 2023

The Global Tufted Carpet Market is analyzed across various materials including Cotton, Nylon, Polyester, Wool, and others. Of these, Nylon held a significant market share in 2023. Nylon is a prominent material in the Tufted Carpet Market, known for its durability, stain resistance, and versatility. Used in both residential and commercial carpets, nylon tufted carpets withstand heavy foot traffic and wear. They offer a range of design options, can be treated to resist stains and moisture, and are influenced by technological advancements, evolving consumer preferences, and sustainability concerns. Manufacturers emphasize the durability and performance of nylon tufted carpets, cementing their significance within the market.

 

Tufted Carpet Market Segmentation

By Type

• Hand made
• Machine made

By Material

• Cotton
• Nylon
• Polyester
• Wool
• Others

By End-User

• Residential
• Commercial

By Sales Channel

• Online
• Supermarkets/Hypermarkets
• Specialty Stores
• Others

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Tufted Carpet Market Companies

• Shaw Industries Group Inc
• Oriental Weavers Carpets Co
• Dixie Group Inc
• Beaulieu International Group
• Genie Carpet Manufacturers
• Tarkett S.A
• Tai Ping Carpets International Ltd
• Victoria PLC
• Ikea Group
• Mohawk Industries Inc

 

*List not exhaustive

 

Tufted Carpet Market Outlook 2023

1 Market Overview

1.1 Introduction to the Tufted Carpet Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Tufted Carpet Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Tufted Carpet Market Companies with Area Served

4.2.2 Products Offerings Global Tufted Carpet Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Tufted Carpet Market Trends

6.1 Global Tufted Carpet Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Tufted Carpet Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Tufted Carpet Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Tufted Carpet Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Tufted Carpet Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Tufted Carpet Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Tufted Carpet Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Tufted Carpet Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Tufted Carpet Development Regional Status and Outlook

8.1 Global Tufted Carpet Revenue (USD Million) By Regions (2018-2022)

8.2 North America Tufted Carpet Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Tufted Carpet Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Tufted Carpet Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Tufted Carpet Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Tufted Carpet Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Tufted Carpet Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Tufted Carpet Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Tufted Carpet Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Tufted Carpet Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Tufted Carpet Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Tufted Carpet Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Tufted Carpet Revenue (USD Million) by Applications (2018-2022)

8.5 South America Tufted Carpet Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Tufted Carpet Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Tufted Carpet Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Tufted Carpet Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Tufted Carpet Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Tufted Carpet Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Tufted Carpet Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Tufted Carpet Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Tufted Carpet Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Tufted Carpet Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Tufted Carpet Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Tufted Carpet Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Tufted Carpet Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Tufted Carpet Development Regional Status and Outlook Forecast

11.1 Global Tufted Carpet Revenue (USD Million) By Regions (2023-2030)

11.2 North America Tufted Carpet Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Tufted Carpet Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Tufted Carpet Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Tufted Carpet Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Tufted Carpet Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Tufted Carpet Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Tufted Carpet Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Tufted Carpet Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Tufted Carpet Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Tufted Carpet Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Tufted Carpet Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Tufted Carpet Revenue (USD Million), by Applications (2023-2030)

11.5 South America Tufted Carpet Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Tufted Carpet Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Tufted Carpet Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Tufted Carpet Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Tufted Carpet Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Tufted Carpet Revenue (USD Million), by Region (2023-2030)

11.6.2 Middle East and Africa Tufted Carpet Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Tufted Carpet Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Tufted Carpet Market Companies with Areas Served

Table 3 Products Offerings Global Tufted Carpet Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Tufted Carpet Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Tufted Carpet Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Tufted Carpet Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Table 11 Global Tufted Carpet Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Tufted Carpet Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Tufted Carpet Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Tufted Carpet Market Share (%) By Regions (2018-2022)

Table 16 North America Tufted Carpet Revenue (USD Million) By Country (2018-2022)

Table 17 North America Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Table 18 North America Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Tufted Carpet Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Tufted Carpet Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Tufted Carpet Revenue (USD Million) By Country (2018-2022)

Table 26 South America Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Table 27 South America Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Tufted Carpet Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Table 33 Global Tufted Carpet Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Tufted Carpet Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Tufted Carpet Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Tufted Carpet Revenue (USD)By Country (2023-2030)

Table 38 North America Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Table 39 North America Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Tufted Carpet Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Tufted Carpet Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Tufted Carpet Revenue (USD Million) By Country (2023-2030)

Table 47 South America Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Table 48 South America Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Tufted Carpet Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Tufted Carpet Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Tufted Carpet Revenue Market Share (%) By Type (2022)

Figure 5 Global Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Tufted Carpet Revenue Market Share (%) By Applications (2022)

Figure 7 Global Tufted Carpet Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Tufted Carpet Market Share (%) By Regions (2022)

Figure 9 North America Tufted Carpet Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Tufted Carpet Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Tufted Carpet Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Tufted Carpet Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Tufted Carpet Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Tufted Carpet Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Tufted Carpet Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Tufted Carpet Revenue Market Share (%) By Type (2030)

Figure 26 Global Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Tufted Carpet Revenue Market Share (%) By Applications (2030)

Figure 28 Global Tufted Carpet Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Tufted Carpet Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Tufted Carpet Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Tufted Carpet Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Tufted Carpet Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Tufted Carpet Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Tufted Carpet Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Tufted Carpet Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Tufted Carpet Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Tufted Carpet Market Segmentation

By Type

• Hand made
• Machine made

By Material

• Cotton
• Nylon
• Polyester
• Wool
• Others

By End-User

• Residential
• Commercial

By Sales Channel

• Online
• Supermarkets/Hypermarkets
• Specialty Stores
• Others

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)