Flooring and Carpets Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for flooring and carpets. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Flooring and Carpets Market Size (2024E): USD 319.6 Billion
Projected Market Value (2031F): USD 455.3 Billion
Global Market Growth Rate (CAGR 2024 to 2031): 5.2%

Flooring and Carpets Market - Report Scope:

Flooring and carpets play a crucial role in residential, commercial, and industrial spaces, providing aesthetic appeal, comfort, and durability. The market encompasses a wide range of materials, including hardwood, laminate, vinyl, carpet tiles, and rugs, catering to diverse consumer preferences and application requirements.

Market Growth Drivers:

The global flooring and carpets market is propelled by several key factors, including rapid urbanization, increasing disposable incomes, and expanding construction activities across residential and commercial sectors. Consumer preferences towards sustainable and eco-friendly flooring materials contribute significantly to market expansion. Technological advancements in flooring manufacturing, such as digital printing and improved installation techniques, enhance product quality and customer satisfaction, driving market growth further.

Market Restraints:

Despite promising growth prospects, the flooring and carpets market faces challenges related to fluctuating raw material prices, stringent environmental regulations, and competition from alternative flooring solutions like tiles and stone. Economic uncertainties and supply chain disruptions also pose barriers to market stability and growth.

Market Opportunities:

The flooring and carpets market presents significant growth opportunities driven by innovations in design, material technology, and manufacturing processes. Increasing adoption of smart flooring solutions embedded with IoT sensors for temperature control and energy efficiency offers new avenues for market expansion. Additionally, rising demand for customizable flooring options in healthcare facilities, hospitality sectors, and residential complexes opens doors for market players to diversify their product portfolios and enhance customer engagement.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the flooring and carpets market globally?
Which flooring materials and applications are experiencing the highest demand across different end-user segments?
How are technological advancements reshaping the competitive landscape of the flooring and carpets market?
Who are the key players contributing to the flooring and carpets market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global flooring and carpets market?

Competitive Intelligence and Business Strategy:

Leading players in the global flooring and carpets market, including Mohawk Industries, Shaw Industries Group, Inc., and Interface, Inc., focus on innovation, sustainability, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop eco-friendly flooring solutions, enhance product performance, and expand their global market presence through mergers, acquisitions, and geographic expansion. Collaborations with architects, interior designers, and real estate developers strengthen brand positioning and drive product innovation tailored to evolving consumer preferences.

Key Companies Profiled:

Mohawk Industries Inc
Interface Inc.
Beaulieu International Group N.V
Tarkett S.A.
Balta Group
Shaw Industries Group, Inc.
ALSORAYAI Group
Forbo Holding AG
Armstrong World Industries LLC
Gerflor Group
Milliken & Company Inc
Betap Tufting B.V.

Flooring and Carpets Market Research Segmentation

By Flooring Type:

Carpets
Tufting
Woven
Rugs
Accent Rugs
Area Rugs
Other Rugs
Artificial Grass
Carpet Tiles
Vinyl Flooring
Laminate Parquet Flooring

By Material Type:

Polypropylene
Nylon
Polyester

By Application:

Residential
Commercial Offices
Retail
Hospitality
Healthcare and Hospitals
Educational Institutes
Automotive
Industrial

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33639

1. Executive Summary

1.1. Global Flooring and Carpets Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Flooring Type Lifecycle Analysis
2.4. Flooring and Carpets Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Material Type Landscape

3. Global Flooring and Carpets Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Bn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2019-2023
- 3.2.2. Current Market Size Forecast, 2024-2031
3.3. Global Flooring and Carpets Market Outlook: Flooring Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Flooring Type, 2019-2023
- 3.3.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Flooring Type, 2024-2031
  - 3.3.3.1. Carpets
  - 3.3.3.2. Tufting
  - 3.3.3.3. Woven
  - 3.3.3.4. Rugs
  - 3.3.3.5. Accent Rugs
  - 3.3.3.6. Area Rugs
  - 3.3.3.7. Other Rugs
  - 3.3.3.8. Artificial Grass
  - 3.3.3.9. Carpet Tiles
  - 3.3.3.10. Vinyl Flooring
  - 3.3.3.11. Laminate Parquet Flooring
3.4. Market Attractiveness Analysis: Flooring Type
3.5. Global Flooring and Carpets Market Outlook: Material Type
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Material Type, 2019-2023
- 3.5.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material Type, 2024-2031
  - 3.5.3.1. Polypropylene
  - 3.5.3.2. Nylon
  - 3.5.3.3. Polyester
  - 3.5.3.4. Others
3.6. Market Attractiveness Analysis: Material Type
3.7. Global Flooring and Carpets Market Outlook: Application
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Application, 2019-2023
- 3.7.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
  - 3.7.3.1. Residential
  - 3.7.3.2. Commercial Offices
  - 3.7.3.3. Retail
  - 3.7.3.4. Hospitality
  - 3.7.3.5. Healthcare and Hospitals
  - 3.7.3.6. Educational Institutes
  - 3.7.3.7. Automotive
  - 3.7.3.8. Industrial
  - 3.7.3.9. Others
3.8. Market Attractiveness Analysis: Application

4. Global Flooring and Carpets Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Region, 2019-2023
4.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Region, 2024-2031
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Flooring and Carpets Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 5.3.1. By Country
- 5.3.2. By Flooring Type
- 5.3.3. By Material Type
- 5.3.4. By Application
5.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Flooring Type, 2024-2031
- 5.5.1. Carpets
- 5.5.2. Tufting
- 5.5.3. Woven
- 5.5.4. Rugs
- 5.5.5. Accent Rugs
- 5.5.6. Area Rugs
- 5.5.7. Other Rugs
- 5.5.8. Artificial Grass
- 5.5.9. Carpet Tiles
- 5.5.10. Vinyl Flooring
- 5.5.11. Laminate Parquet Flooring
5.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material Type, 2024-2031
- 5.6.1. Polypropylene
- 5.6.2. Nylon
- 5.6.3. Polyester
- 5.6.4. Others
5.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 5.7.1. Residential
- 5.7.2. Commercial Offices
- 5.7.3. Retail
- 5.7.4. Hospitality
- 5.7.5. Healthcare and Hospitals
- 5.7.6. Educational Institutes
- 5.7.7. Automotive
- 5.7.8. Industrial
- 5.7.9. Others
5.8. Market Attractiveness Analysis

6. Europe Flooring and Carpets Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 6.3.1. By Country
- 6.3.2. By Flooring Type
- 6.3.3. By Material Type
- 6.3.4. By Application
6.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkey
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Flooring Type, 2024-2031
- 6.5.1. Carpets
- 6.5.2. Tufting
- 6.5.3. Woven
- 6.5.4. Rugs
- 6.5.5. Accent Rugs
- 6.5.6. Area Rugs
- 6.5.7. Other Rugs
- 6.5.8. Artificial Grass
- 6.5.9. Carpet Tiles
- 6.5.10. Vinyl Flooring
- 6.5.11. Laminate Parquet Flooring
6.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material Type, 2024-2031
- 6.6.1. Polypropylene
- 6.6.2. Nylon
- 6.6.3. Polyester
- 6.6.4. Others
6.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 6.7.1. Residential
- 6.7.2. Commercial Offices
- 6.7.3. Retail
- 6.7.4. Hospitality
- 6.7.5. Healthcare and Hospitals
- 6.7.6. Educational Institutes
- 6.7.7. Automotive
- 6.7.8. Industrial
- 6.7.9. Others
6.8. Market Attractiveness Analysis

7. East Asia Flooring and Carpets Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 7.3.1. By Country
- 7.3.2. By Flooring Type
- 7.3.3. By Material Type
- 7.3.4. By Application
7.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Flooring Type, 2024-2031
- 7.5.1. Carpets
- 7.5.2. Tufting
- 7.5.3. Woven
- 7.5.4. Rugs
- 7.5.5. Accent Rugs
- 7.5.6. Area Rugs
- 7.5.7. Other Rugs
- 7.5.8. Artificial Grass
- 7.5.9. Carpet Tiles
- 7.5.10. Vinyl Flooring
- 7.5.11. Laminate Parquet Flooring
7.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material Type, 2024-2031
- 7.6.1. Polypropylene
- 7.6.2. Nylon
- 7.6.3. Polyester
- 7.6.4. Others
7.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 7.7.1. Residential
- 7.7.2. Commercial Offices
- 7.7.3. Retail
- 7.7.4. Hospitality
- 7.7.5. Healthcare and Hospitals
- 7.7.6. Educational Institutes
- 7.7.7. Automotive
- 7.7.8. Industrial
- 7.7.9. Others
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Flooring and Carpets Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 8.3.1. By Country
- 8.3.2. By Flooring Type
- 8.3.3. By Material Type
- 8.3.4. By Application
8.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Flooring Type, 2024-2031
- 8.5.1. Carpets
- 8.5.2. Tufting
- 8.5.3. Woven
- 8.5.4. Rugs
- 8.5.5. Accent Rugs
- 8.5.6. Area Rugs
- 8.5.7. Other Rugs
- 8.5.8. Artificial Grass
- 8.5.9. Carpet Tiles
- 8.5.10. Vinyl Flooring
- 8.5.11. Laminate Parquet Flooring
8.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material Type, 2024-2031
- 8.6.1. Polypropylene
- 8.6.2. Nylon
- 8.6.3. Polyester
- 8.6.4. Others
8.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 8.7.1. Residential
- 8.7.2. Commercial Offices
- 8.7.3. Retail
- 8.7.4. Hospitality
- 8.7.5. Healthcare and Hospitals
- 8.7.6. Educational Institutes
- 8.7.7. Automotive
- 8.7.8. Industrial
- 8.7.9. Others
8.8. Market Attractiveness Analysis

9. Latin America Flooring and Carpets Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 9.3.1. By Country
- 9.3.2. By Flooring Type
- 9.3.3. By Material Type
- 9.3.4. By Application
9.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Flooring Type, 2024-2031
- 9.5.1. Carpets
- 9.5.2. Tufting
- 9.5.3. Woven
- 9.5.4. Rugs
- 9.5.5. Accent Rugs
- 9.5.6. Area Rugs
- 9.5.7. Other Rugs
- 9.5.8. Artificial Grass
- 9.5.9. Carpet Tiles
- 9.5.10. Vinyl Flooring
- 9.5.11. Laminate Parquet Flooring
9.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material Type, 2024-2031
- 9.6.1. Polypropylene
- 9.6.2. Nylon
- 9.6.3. Polyester
- 9.6.4. Others
9.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 9.7.1. Residential
- 9.7.2. Commercial Offices
- 9.7.3. Retail
- 9.7.4. Hospitality
- 9.7.5. Healthcare and Hospitals
- 9.7.6. Educational Institutes
- 9.7.7. Automotive
- 9.7.8. Industrial
- 9.7.9. Others
9.8. Market Attractiveness Analysis

10. Middle East & Africa Flooring and Carpets Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 10.3.1. By Country
- 10.3.2. By Flooring Type
- 10.3.3. By Material Type
- 10.3.4. By Application
10.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Flooring Type, 2024-2031
- 10.5.1. Carpets
- 10.5.2. Tufting
- 10.5.3. Woven
- 10.5.4. Rugs
- 10.5.5. Accent Rugs
- 10.5.6. Area Rugs
- 10.5.7. Other Rugs
- 10.5.8. Artificial Grass
- 10.5.9. Carpet Tiles
- 10.5.10. Vinyl Flooring
- 10.5.11. Laminate Parquet Flooring
10.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material Type, 2024-2031
- 10.6.1. Polypropylene
- 10.6.2. Nylon
- 10.6.3. Polyester
- 10.6.4. Others
10.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 10.7.1. Residential
- 10.7.2. Commercial Offices
- 10.7.3. Retail
- 10.7.4. Hospitality
- 10.7.5. Healthcare and Hospitals
- 10.7.6. Educational Institutes
- 10.7.7. Automotive
- 10.7.8. Industrial
- 10.7.9. Others
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2024
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Commercial Offices
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Mohawk Industries Inc
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Interface Inc.
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Beaulieu International Group N.V
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Tarkett S.A.
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Balta Group
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Shaw Industries Group, Inc.
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. ALSORAYAI Group
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Forbo Holding AG
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Armstrong World Industries LLC
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Gerflor Group
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy
- 11.3.11. Milliken & Company Inc
  - 11.3.11.1. Overview
  - 11.3.11.2. Segments and Product
  - 11.3.11.3. Key Financials
  - 11.3.11.4. Market Developments
  - 11.3.11.5. Market Strategy
- 11.3.12. Betap Tufting B.V.
  - 11.3.12.1. Overview
  - 11.3.12.2. Segments and Product
  - 11.3.12.3. Key Financials
  - 11.3.12.4. Market Developments
  - 11.3.12.5. Market Strategy
- 11.3.13. Others

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations