Tufted Carpet Market

Tufted carpet market: get access to newly released data featured by an Ai-driven BI platform. Facts and figures cover exports, consumption, market size, imports, market prices, companies, trade, and production. Here is a split by country, including China, Latin America, EU, the U.S., the U.K., the Middle East, Russia, and Africa. Market dynamics and outlook to 2030 are also featured in the dashboards.

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Tufted Carpet - World's Largest Markets

In value terms, the United States, China and Turkey constituted the countries with the highest levels of market value in 2020, together accounting for 53% of the global market. These countries were followed by Mexico, the UK, Japan, Indonesia, South Korea, the Netherlands, Germany, India, Iran and Egypt, which together accounted for a further 24%.

In terms of the main consuming countries, the Netherlands recorded the highest rates of growth with regard to market size, over the period under review, while tufted carpet market for the other global leaders experienced more modest paces of growth.

Tufted Carpet Prices

Tufted Carpet - Top Importers

In value terms, the largest tufted carpet importing markets worldwide were the United States ($833M), the UK ($637M) and Germany ($539M), together accounting for 34% of global imports. Canada, Australia, Japan, France, the Netherlands, Saudi Arabia, the Czech Republic, Poland, Belgium and Russia lagged somewhat behind, together accounting for a further 33%.

Saudi Arabia recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Tufted Carpet - Top Exporters

In value terms, China ($1.3B), Belgium ($920M) and the Netherlands ($872M) constituted the countries with the highest levels of exports in 2020, together comprising 47% of global exports. India, the United States, Turkey, Germany, Vietnam and the UK lagged somewhat behind, together comprising a further 32%.

Among the main exporting countries, Vietnam (+101.3% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Tufted Carpet - Market Forecast

Driven by rising demand for tufted carpet worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Tufted Carpet - Product Coverage

• HS 570310 - Carpets and other textile floor coverings; tufted, of wool or fine animal hair, whether or not made up
• HS 570320 - Carpets and other textile floor coverings; tufted, of nylon or other polyamides, whether or not made up
• HS 570330 - Carpets and other textile floor coverings; tufted, of man-made textile materials (other than polyamides), whether or not made up
• HS 570390 - Carpets and other textile floor coverings; tufted, of textile materials (other than man-made, wool or fine animal hair), whether or not made up