Latest Report Update: Jul 4, 2020

U.S. Carpet And Rug Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Carpet And Rug Market Overview 2020

Carpet And Rug Market Size in the U.S.

In 2019, after two years of growth, there was decline in the U.S. carpet and rug market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2018, and then fell in the following year.

Carpet And Rug Production in the U.S.

In value terms, carpet and rug production shrank slightly to $X in 2019. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2016 to 2019, production growth failed to regain the momentum.

Carpet And Rug Exports

Exports from the U.S.

In 2019, the amount of carpets and rugs exported from the U.S. contracted slightly to X square meters, with a decrease of -X% on the year before. Overall, exports recorded a pronounced decline. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Exports peaked at X square meters in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, carpet and rug exports fell to $X in 2019. In general, exports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

Canada (X square meters) was the main destination for carpet and rug exports from the U.S., with a X% share of total exports. Moreover, carpet and rug exports to Canada exceeded the volume sent to the second major destination, Mexico (X square meters), threefold. The third position in this ranking was occupied by Australia (X square meters), with a X% share.

From 2013 to 2019, the average annual growth rate of volume to Canada totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Australia (-X% per year).

In value terms, Canada ($X) remains the key foreign market for carpet and rug exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value to Canada totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Australia (-X% per year).

Export Prices by Country

The average carpet and rug export price stood at $X per square meter in 2019, almost unchanged from the previous year. Over the period from 2013 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The export price peaked at $X per square meter in 2015; however, from 2016 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per square meter), while the average price for exports to Mexico ($X per square meter) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced more modest paces of growth.

Carpet And Rug Imports

Imports into the U.S.

For the seventh consecutive year, the U.S. recorded growth in supplies from abroad of carpets and rugs, which increased by X% to X square meters in 2019. Overall, total imports indicated a resilient increase from 2013 to 2019: its volume increased at an average annual rate of +X% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to continue growth in years to come.

In value terms, carpet and rug imports dropped to $X in 2019. The total import value increased at an average annual rate of +X% from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2018, and then contracted in the following year.

Imports by Country

Turkey (X square meters), India (X square meters) and China (X square meters) were the main suppliers of carpet and rug imports to the U.S., together comprising X% of total imports. Egypt, Belgium, Canada, Viet Nam and Mexico lagged somewhat behind, together accounting for a further X 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Viet Nam (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest carpet and rug suppliers to the U.S. were India ($X), Turkey ($X) and China ($X), with a combined X% share of total imports. Egypt, Belgium, Mexico, Canada and Viet Nam lagged somewhat behind, together comprising a further X the main suppliers, Viet Nam (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average carpet and rug import price amounted to $X per square meter, which is down by -X% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2015 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per square meter), while the price for Egypt ($X per square meter) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of carpets and rugs to the U.S.?
+
In value terms, the largest carpet and rug suppliers to the U.S. were India ($930M), Turkey ($689M) and China ($492M), together accounting for 73% of total imports. Egypt, Belgium, Mexico, Canada and Viet Nam lagged somewhat behind, together accounting for a further 13%.
What are the leading importers of carpets and rugs from the U.S.?
+
In value terms, Canada ($601M) remains the key foreign market for carpet and rug exports from the U.S., comprising 63% of total exports. The second position in the ranking was occupied by Mexico ($127M), with a 13% share of total exports. It was followed by Australia, with a 2.5% share.
What is the average export price for carpets and rugs in the U.S.?
+
The average carpet and rug export price stood at $12 per square meter in 2019, approximately mirroring the previous year.
What is the average import price for carpets and rugs in the U.S.?
+
The average carpet and rug import price stood at $8.5 per square meter in 2019, falling by -6.8% against the previous year.

Product coverage:
• NAICS 314110 - Carpet and rug mills

This report provides an in-depth analysis of the carpet and rug market in the U.S.. 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 2025.


Companies mentioned:
• Shaw Industries
• Mohawk Industries
• Bentley Mills
• J & J Industries
• Tandus Centiva
• Interface
• Tdg Operations
• Mountville Mills
• Royalty Carpet Mills
• Syntec Industries
• The Dixie Group
• Oriental Weavers U.S.A.
• Lexmark Carpet Mills
• Garland Sales
• Apache Mills
• Rieter Automotive North America
• Engineered Floors
• Interfaceflor
• Mohawk Carpet
• Beaulieu of America
• Maples Industries
• Aladdin Manufacturing Corporation
• Tandus Group
• Beaulieu Group
• Mohawk Carpet Distribution
• General Felt Industries
• Interface Americas
• Bari Home Corporation

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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