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Global Carpet & Carpet Tile Market Poised to Reach USD 8.7 Billion by 2035 | CAGR 2.9%

The global carpet and carpet tile market is steadily expanding, driven by rising demand for eco-friendly flooring, modular designs, and interior aesthetics. With a forecast CAGR of 2.9% from 2025 to 2035, the market will grow from USD 6.53 billion in 2025 to USD 8.7 billion in 2035.
Published 01 October 2025

Market Growth Overview

The carpet and carpet tile market has exhibited moderate growth over the past decade, with 2024 revenues reaching USD 6.35 billion. By 2025, growth will push revenues to USD 6.53 billion, and long-term expansion is forecasted to reach USD 8.7 billion by 2035. This momentum reflects a growing preference for modular flooring in both residential and commercial sectors, alongside advancements in materials and eco-conscious solutions.

Key growth dynamics include:

  • Increasing consumer preference for eco-friendly flooring products.
  • Expanding residential construction activities in emerging economies.
  • Popularity of modular carpet tiles for flexible installation and design.
  • Advancements in manufacturing technologies driving cost efficiency and product innovation.
  • Rapid evolution of interior design trends focusing on aesthetics and comfort.

Key Highlights

  • Market size in 2024: USD 6.35 billion
  • Forecasted market size in 2035: USD 8.7 billion
  • CAGR (2025–2035): 2.9%
  • Base year: 2024
  • Historical data: 2019–2023
  • Coverage: Revenue forecast, growth drivers, competitive landscape, industry trends
  • Segmentation: Application, Material Type, Product Type, Installation Type, Region

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Competitive Landscape

The competitive landscape features global flooring leaders investing heavily in sustainable practices, product diversification, and digital sales channels. Key players include:

  • Mohawk Industries
  • Shaw Industries
  • Mannington Mills
  • Tarkett
  • Beaulieu International Group
  • Forbo Flooring
  • Gerflor
  • Interface
  • Armstrong Flooring
  • Milliken
  • Tandus Centiva
  • EarthWerks
  • Karastan
  • Bona
  • Desso

These companies are emphasizing environmental sustainability, with recycled materials and low-emission products gaining significant traction. E-commerce sales platforms are also fueling market competitiveness, allowing manufacturers to reach consumers directly.

Regional Analysis

North America

Led by the U.S. and Canada, this region remains a major market due to strong urban housing demand, remodeling activities, and consumer inclination toward luxury interiors.

Europe

Germany, the UK, France, and Italy drive the European market, with sustainability standards and eco-flooring investments contributing significantly. The region is leaning towards recyclable carpet solutions aligned with environmental policies.

Asia-Pacific (APAC)

APAC is one of the fastest-growing regions, driven by urbanization, infrastructural development, and rising disposable incomes. China, India, and Japan dominate the segment, with modular carpet tiles gaining consumer popularity.

South America

Brazil, Mexico, and Argentina contribute to steady growth, particularly through commercial and hospitality sectors.

Middle East & Africa (MEA)

GCC nations fuel market growth with premium construction projects while South Africa continues adopting modern flooring solutions.

Segmentation Insights

  1. By Application: Residential spaces lead due to booming housing projects, while commercial applications such as offices, hotels, and retail hubs provide significant demand.
  2. By Material Type: Nylon and polyester remain dominant, owing to durability, stain resistance, and affordability.
  3. By Product Type: Modular carpet tiles are outpacing traditional broadloom carpets due to ease of installation and replacement.
  4. By Installation Type: Glue-down and loose-lay segments are both gaining traction, with DIY-friendly options expanding steadily.
  5. By Regional Markets: APAC will continue to contribute the highest incremental growth over the forecast period.

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Key Opportunities

  • Rising sustainable flooring demand, particularly recycled fiber and biodegradable options.
  • Urbanization and construction growth fueling demand for residential and commercial flooring.
  • Technological advancements in flooring weaving, coating, and recycling processes.
  • Expanding focus on interior aesthetics aligned with consumer lifestyle preferences.
  • E-commerce and digital platforms boosting product accessibility globally.

Market Forecast

Between 2025 and 2035, the market is expected to expand at a steady CAGR of 2.9%, backed by environmentally conscious innovations, modular flooring trends, and lifestyle shifts. By 2035, the market size will reach USD 8.7 billion, confirming strong long-term prospects.

Extra Pointer for Effectiveness

The growing influence of smart flooring technologies, integrating sensors for safety, energy management, and enhanced performance, is anticipated to create a revolutionary trend within the carpet tile industry.

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