We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
World - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Article Publishing Date: May 16, 2018

Turkey and China are the Fastest Growing Exporters of Carpets

IndexBox has just published a new report "World: Carpets And Other Textile Floor Coverings - Market Report. Analysis And Forecast To 2025". Here is a summary of the report's key findings.

Global Carpet Consumption Growth Accelerated Over the Last Three Years

In 2016, the global carpet market amounted to X sq. m, growing consistently over the last four years. It was preceded by notable decline in 2009, then the volume of consumption remained static through 2013. Over the last three years, it accelerated noticeably, driven by rising consumption in China. In wholesale prices, the market stood at $X in 2016; this figure remained relatively stable with only mild fluctuations over the last seven years.

Global Market for Carpets to Post Moderate Growth Due to the Ongoing Civil Construction Growth

In the medium term, it is expected that the growing housing sector in the U.S. will be a key driver for the development of the carpets and rugs market, since residential real estate accounts for the largest part of the world carpet market, and the U.S. is the world's largest carpet consumer. At the same time, the rapid growth of the construction industry in the countries of the Asia-Pacific region in the sector of both residential and non-residential and administrative buildings will also stimulate market growth. In addition, the steady demand from the automotive and civil aviation industry throughout the world will continue to influence both the expansion of the market and the improvement of production technologies.

On the backdrop of the ongoing urbanization in China and other Asian countries, as well as the strong performance of residential construction in the U.S., it is expected that the market should retain its current positive momentum in the immediate term. The performance of the market is forecast to accelerate slightly, with an anticipated CAGR of +X% for the period from 2017 to 2025, which is expected to bring the market volume to X sq. m. by 2025.

The U.S. Consumed Approx. One Third of the Total Carpet Market Volume

The countries with the highest consumption were the U.S. (X%), Egypt (X%), Canada (X%), China (X%), the UK (X%), Australia, Turkey, Indonesia and Japan (X%, each), India and Iran (X%, each). The remaining countries comprised near X% of global consumption.

The highest annual growth rates of carpets consumption from 2007 to 2016 were recorded in China, with +X% growth, Iran and Turkey, with +X% and +X% growth, respectively. Consequently, China strengthened its share in terms of the global consumption from X% in 2007 to X% in 2016. Turkey and Iran increased their shares by +X percentage points, each. By contrast, shares of Canada (-X percentage points) and Egypt (-X percentage points) declined over the period under review.

Amongst the leading consuming countries, high levels of per capita consumption were recorded in Canada (X sq.m./year in 2016), Australia (X sq.m./year), which were significantly higher than the world average of X sq.m./year. The lowest per capita consumption was observed in China (X sq.m./year) and India (X sq.m./year). From 2007 to 2016, in China and Australia there was an annual growth of per capita consumption at +X% per year and +X% per year, respectively, while Canada (-X%) and India (-X%) had negative dynamics in terms of per capita consumption.

Carpet Production Contined to Grow Robustly

Production of carpets stood at X sq.m. in 2016, which was X sq.m. (or X%) less than the outset level. Previously, the global carpet output reduced from X sq.m. in 2007 to the lowest level of X sq.m. in 2010. It fluctuated over the period 2011-2012, after which there was growth of around X% over the last four years. However, production is still in the recovery phase. In value terms, production was relatively stable over the last year, amounting to $X in 2016. There was an average decline by -X% per year from 2007 to 2016.

The U.S. Remained the Main Global Producer of Carpets

The U.S. was the key world carpets producing country with an output of about X sq.m. in 2016, which accounted for X% of total global output. The other major producers were China (X%), Turkey (X%), Egypt (X%), Canada (X%), Belgium (X%), India (X%) and the Netherlands (X%). Most of the other major producing countries showed decline of carpets output in physical terms. In the U.S. it decline by -X% from 2007-2016. The highest annual growth rates were observed in Turkey (+X%) and China (+X%).

About X% of Global Carpet Production Was Exported

In 2016, approx. X% of global production was sent to exports and this share increased from 2007 (+X percentage points). High trade intensity is determined mainly by the substantial distances between the main countries of carpets manufacturing and key consuming countries. Carpets will continue to be highly traded, fueled by increasing consumption, trade liberalization policies, intense global and regional integration.

Turkey and China Emerged as the Fastest Growing Exporters of Carpets

In 2016, the volume of global exports totalled X sq.m., which equated to $X, with a mixed trend pattern over the last few years. A deep plunge in 2009 was followed by a steady growth up to 2014, when it leveled off and remained static through 2016. In value terms, the trend pattern was similar to that of exports in physical terms, except for the last two years: it dropped by X% in 2015 and remained unchanged in 2016. Given the growth in exports in physical terms, the reduction in the value of exports was due to a decline in export prices in the world's leading producer countries. This, in turn, was caused by the devaluation of their national currencies against the U.S. dollar amid falling oil prices.

Turkey (X sq.m.), China (X sq.m.), Belgium (X sq.m.), the Netherlands (X sq.m.) and India (X sq.m.) were the main global suppliers of carpets with a combined share of X% of global exports. Turkey and China constituted the fastest growing exporters. From 2007 to 2016, average annual growth rates of carpets exports from these countries stood at +X% and +X%, respectively. Meanwhile, the other major exporting countries decreased their exports over the period under review.

The U.S. Remains the Largest Market for Imported Carpets

The volume of global imports totalled X sq.m. in 2016, which was equal to $X in value terms. Imports trend pattern generally mirrored that of exports: these trade flows globally complement each other.

In 2016, the U.S. (X sq.m.), the U.K. (X sq.m.), Germany (X sq.m.), Canada (X sq.m.) and Japan (X sq.m.) constituted the leading destinations of carpets imports, together comprising X% of global imports. Amongst the major importing countries, the U.S. (+X% per year) and Germany (+X% per year) gained the highest annual growth rates from 2007 to 2016. At the same time, the U.K. (-X%), Canada (-X%) and Japan (-X%) indicated an overall contraction of carpet imports over the same period. Consequently, the share of the U.S. in terms of the global imports increased significantly from X% in 2007 to X% in 2016, while the share of the UK (-X percentage points) illustrated a noticeable contraction. The shares of the other countries remained relatively stable throughout the analyzed period.

Do you want to know more about global carpet market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • carpet market share
  • carpet prices
  • carpet industry
  • carpet sales
  • carpet import
  • carpet export
  • carpet market forecast
  • carpet price forecast
  • key carpet producers

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global carpet market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13931100 - Knotted carpets and other knotted textile floor coverings
  • Prodcom 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)
  • Prodcom 13931300 - Tufted carpets and other tufted textile floor coverings

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

Recommended posts

Import of Carpets in Qatar Surges by 63% to Reach $2.3M in October 2023
Mar 13, 2024
Eye 101
India's Carpet Exports Soar to $126M in October 2023
Feb 8, 2024
Eye 106
Turkish Carpet Exports Soar by 6% to Reach a Historic High of $230M in October 2023
Dec 30, 2023
Eye 170
Top Import Markets for Carpet
Oct 24, 2023
Eye 244
Free Data: Carpets And Other Textile Floor Coverings - World
Table
Carpets And Other Textile Floor Coverings - World - Table
Dashboard
Carpets And Other Textile Floor Coverings - World - Dashboard
Report
Carpets And Other Textile Floor Coverings - World - Report