The global carpet & flooring market plays a significant role in some of the major industries including architecture, home improvement, and interior design. The sector encompasses an extensive value chain from the manufacturing of carpets/flooring materials to their processing, designing, and distribution. The major carpet/flooring exporting countries include China, Turkey, India, Belgium, the USA, and Iran. On the contrary, the major carpet/flooring importing countries include Germany, Canada, the U.K., Japan, the Netherlands, and France.
The substantial flooring market size and continuous growth are driven by factors such as urbanization, rapid real estate development, economic development and evolving consumer preferences. The sector has a wide range of sectors including carpets, rugs, hardwood, laminate, vinyl, tile, and specialized flooring for various applications, catering to diverse consumer needs and preferences. The industry also has a global presence with a widespread network around the world with evolving industries in all the major regions.
The annual revenue of the global carpet market and rugs sector reached $47.83 billion in 2023 and is expected to grow by 4.29% between 2023 and 2028. The highest amount of revenue was generated in the USA worth $17,260 million in 2023. The other contenders in the carpet industry were China, Germany, the United Kingdom, and France in 2023.
The most popular and most used materials in the carpet industry are polypropylene, polyester, nylon, silk, cotton, and jute. The highest growth has been observed in nylon carpets in the past five years because of their durability and resistance to stains. Polyester is the second most popular material for carpets because it is relatively cheaper while silk is a more luxurious and premium choice. Although the cost of silk carpets is much higher than the other fabrics, their demand continues to rise due to their decorative appeal.
The key regions in the carpet sector are the USA, China, Germany, France, and the UK. The current trends in the carpet sector are bio-degradable materials, easy-to-clean and anti-microbial technologies, minimalism, and digital printing.
The global carpet & flooring sector contributes to some of the major global sectors such as architecture, interior design, etc. It is also an integral part of the home textiles industry and a major section in many relevant trade exhibitions. Some of the most important carpet sector trade exhibitions that you can attend include:
Domotex Hannover: A significant event in the carpet and flooring industry with a major focus on the latest flooring textile technologies. A separate section is dedicated to carpets for showcasing the latest trends and bringing together industry experts. The event is held in Hannover, Germany attracting a huge number of international exhibitors from all over the world.
The Flooring Show: A large-scale global trade exhibition solely dedicated to carpets and flooring technologies. It is the UK’s largest flooring event that assembles thousands of retailers, contractors, distributors, fitters, designers, and developers, from all around the globe. It is an innovative platform for the entire global flooring industry where the latest innovations in flooring design and carpet design are among the main exhibition categories.
Domotex Turkey: An exclusive edition of the Domotex exhibition held in Turkey. It is an ideal platform to discover thousands of local machine-made and handcrafted carpet producers and other flooring textile companies. It is a global event that attracts many international exhibitors as well as global industry leaders.
Domotex Asia/Chinafloor: Another exclusive Domotex event held in China. It focuses mainly on the Chinese carpet and flooring industry but many international exhibitors also attend the event. It is an ideal avenue to discover the latest carpet and flooring trends and to initiate new business opportunities.
The carpet and flooring industry plays a critical role in other major sectors such as architecture, home decor, interior design, home textiles, construction, etc. It has a vast and extensive supply chain with a wide range of sectors such as carpet manufacturing, carpet design, carpet dyeing and printing, carpet yarn and tufting, laminate flooring, hardware flooring, tile flooring, flooring maintenance, and cleaning, etc. Trade exhibitions in the carpet and flooring sector usually feature the latest technologies and trends in these sectors.
Copyright 2023 - All rights reserved.
