Handmade Carpets Market Report 2025 (Global Edition)

Global Handmade Carpets Market Report 2025 Market Size Split by Type (Wool Carpets, Silk Carpets, Cotton Carpets, Viscose Carpets, Other Material Carpets), by Application (Residential, Commercial, Ind...

Handmade Carpets Market Report Description

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How 2025 Tariffs Are Reshaping the Consumer Goods Industry

In 2025, the global trade landscape has shifted dramatically following the U.S. introduction of sweeping tariffs under President Donald Trump’s administration. These "Liberation Day Tariffs," launched in April, aim to reduce trade deficits and boost domestic manufacturing. Tariffs range from 10% on imports from countries like the UK and Australia to 46% on Vietnamese goods, with a blanket 34% tariff on many Chinese imports and 25% on all steel, aluminum, and auto parts. This policy heavily impacts the consumer goods sector apparel, appliances, packaged foods, and personal care products due to their deep reliance on global supply chains, especially in Asia. U.S.–China trade tensions have intensified, with reciprocal tariffs reaching up to 145% on U.S. goods and 125% on Chinese exports, while China’s trade surplus with the U.S. hit USD 102.6 billion in March 2025. In response, the EU and Canada have implemented retaliatory measures, signaling a broader shift toward protectionism.

The consumer goods industry is feeling immediate effects: production costs are rising, sourcing is delayed, and inflation pressures are mounting. Apparel and footwear now face 25% tariffs, prompting brands to seek nearshoring options or raise prices. Household appliances incur 20% tariffs, complicating inventory and procurement strategies. Packaged foods and beverages are hit with 10–15% tariffs, impacting contracts and leading to supplier diversification and product reformulation. Personal care firms face higher costs for imported ingredients and packaging, leading to local sourcing efforts and delays in new product launches. Meanwhile, electronics, though temporarily exempt, are preparing for possible disruptions by diversifying suppliers and increasing inventories.

China remains the backbone of U.S. consumer goods sourcing, accounting for a large portion of imports either directly or through upstream components. This makes tariffs on Chinese goods especially disruptive. The rising input costs 15–30% in many categories combined with seasonal pressures and tight timelines, are causing delays and increased costs. Smaller brands, in particular, are struggling due to limited capital and reduced supplier leverage. Many are being forced to increase prices, cut product variety, or compromise on quality.

Market research is now critical to navigating this volatile environment. It supports supplier mapping and risk assessment, helping brands identify alternative sourcing countries with stable regulations and quality control. It also aids in cost and margin analysis, guiding decisions on pricing and sourcing changes. Optimization of product design and materials through research allows companies to reduce costs while maintaining consumer expectations. Additionally, research helps assess consumer price sensitivity, enabling strategic repositioning. Tracking regulatory changes and running scenario planning models allow firms to anticipate and adapt to future trade shifts.

To cope, companies are restructuring their global sourcing models. Major brands like Nike and IKEA are expanding operations in Vietnam, India, and Mexico, while embracing “in-market for market” strategies to reduce exposure to tariffs and logistics risks. Many are adopting AI-driven demand forecasting and automated procurement, and pushing suppliers for transparency. Product redesign and SKU rationalization are also common. The most successful firms are those using data-driven insights, operational flexibility, and strategic supplier partnerships to adapt not just survive in this new era of global trade.

Handmade Carpets Market Insights Video

Competitive Landscape of the Handmade Carpets Market

The Handmade Carpets market features leading companies vying for dominance through strategies, tech innovation, and product expansion. Key players offer diverse solutions, possess global distribution networks, and routinely engage in partnerships, acquisitions, and product launches to bolster their market presence.

Handmade Carpets Industry News

• November 2020: The Home Depot®, the world's largest home improvement retailer, is set to acquire HD Supply Holdings, Inc., a major national distributor of MRO products in the multifamily and hospitality sectors, positioning The Home Depot as a leading MRO provider.

Top Companies Market Share in Handmade Carpets Industry: (In no particular order of Rank)

• Mohawk Industries Inc.
• Shaw Industries Group
• Lowes Companies Inc.
• Taekett S.A.
• Home Depot Inc.
• Interface Inc.
• Dixie Group Inc.
• Orientals Weavers Company for Carpets
• Tai Ping Carpets International Limited
• Victoria PLC
• The Handmade Rug Company
• Woven Rosa
• Lazy Lines Rugs
• Lilla Rugs
• Cosy Coco
• Vintage Cappadocia Rugs
• Joshua Lumley Contemporary
• Revival Rugs
• Pottery Barn
• Macy's
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Asia Pacific Handmade Carpets Market holds the largest share of the Global market

According to Cognitive Market Research, Asia Pacific holds a leading position in the Handmade Carpets market, showcasing a rich tradition of craftsmanship and a deep-rooted appreciation for handmade textiles. The region's mastery in carpet weaving, combined with a burgeoning export market, contributes to its dominance in the global market. Traditional carpet-producing countries like India, Iran, and China are at the forefront, offering a diverse range of designs and materials.

In contrast, North America is experiencing the most rapid expansion in the Handmade Carpets market. This surge is driven by a growing interest in authentic, handcrafted products, with consumers increasingly valuing the uniqueness and quality of handmade carpets. Furthermore, the region's affinity for interior décor and the popularity of handmade artisanal items have made it a thriving market for handmade carpets. As a result, North America is witnessing a remarkable rise in the demand for these exquisite floor coverings.

The current report Scope analyzes Handmade Carpets Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Handmade Carpets Market Analysis

North America Handmade Carpets Market Analysis:

According to Cognitive Market Research, North America is the fastest growing in the market in 2023 and accounted for a share of more than 30% of the global revenue due to several variables. It boasts a substantial market size of 20.7 billion USD and exhibits an impressive Compound Annual Growth Rate (CAGR) of 3.8%. This surge is attributed to North America's burgeoning interest in authentic and handmade crafts, reflecting a growing appreciation for the artistry and cultural richness embodied in handmade carpets. The region's diverse demographics and evolving interior design trends have accelerated the demand for unique and artisanal pieces. With a focus on supporting local artisans and sustainable practices, North America is transforming the Handmade Carpets market landscape. This growth trend showcases the resilience of handmade craftsmanship in a digital age, as consumers seek to infuse their living spaces with the elegance and heritage offered by these exquisite carpets.

Europe Handmade Carpets Market Analysis

Europe America Handmade Carpets Market Analysis:

Europe plays a substantial role in the global Handmade Carpets market, contributing around 28% of the market share. With a projected Compound Annual Growth Rate (CAGR) of 4%, the region is expected to propel the market size to approximately 18.73 billion USD over the forecast period. In the European Handmade Carpets market, the "Wool Carpets" segment exhibits significant growth due to the region's emphasis on sustainable and natural materials. In contrast, the "Residential" application segment dominates the market, reflecting the enduring appeal of handmade carpets in homes. The "Online" distribution channel in Europe emerges as the fastest-growing, aligning with shifting consumer preferences for online shopping. Europe's Handmade Carpets market thrives on a blend of tradition and innovation, making it a pivotal player in the global landscape, driven by sustainability, residential preferences, and digital market accessibility.

Asia Pacific Handmade Carpets Market Analysis

Asia Pacific Handmade Carpets Market Analysis:

According to Cognitive Market Research, Asia Pacific dominated the market in 2023 and accounted for a share of more than 35% of the global revenue due to several variables. The Handmade Carpets Market is dynamically led by the Asia Pacific region, contributing to a considerable market size of 23.42 billion USD. The region's mastery of traditional craftsmanship, particularly in countries like India, Pakistan, and Iran, continues to define the global handmade carpet industry. With a remarkable Compound Annual Growth Rate (CAGR) of 6%, Asia Pacific is at the forefront of the market's expansion. The region's enduring legacy of crafting intricate and authentic handmade carpets, deeply rooted in culture and heritage, attracts both local and international buyers. This, coupled with evolving design sensibilities and the export prowess of Asia Pacific, solidifies its leadership in the Handmade Carpets market, shaping its global landscape with timeless artistry and modern appeal.

South America Handmade Carpets Market Analysis

South America Handmade Carpets Market Analysis:

South America currently accounts for approximately 5% of the global Handmade Carpets market, with an expected Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period. This growth is anticipated to result in a market size of around 3.35 billion USD. In the South American Handmade Carpets market, significant growth is observed in the "Residential" application segment, driven by the region's growing middle-class population and their increasing preference for unique and handcrafted interior decor. While the "Cotton Carpets" category continues to dominate the market due to its affordability and versatility, the "Online" distribution channel stands out as the fastest-growing segment, reflecting the region's increasing digitalization and e-commerce adoption. South America's Handmade Carpets market showcases a rising demand for quality handmade carpets in residential spaces, offering comfort and aesthetic appeal. Cotton carpets remain dominant due to their cost-effectiveness, while the growth of online distribution channels signifies the region's embrace of e-commerce.

Middle East Handmade Carpets Market Analysis

Middle East and Africa Handmade Carpets Market Analysis:

Middle East and Africa currently contribute around 2% to the global Handmade Carpets market, and this region is poised for notable growth with an anticipated Compound Annual Growth Rate (CAGR) of 4.5% over the forecast period, leading to a market size of approximately 1.34 billion USD. In the Middle East and Africa Handmade Carpets market, significant growth is observed in the "Residential" application segment, fueled by the region's cultural affinity for ornate and handcrafted interior decor. Meanwhile, the "Commercial" application segment continues to dominate the market, driven by the ongoing development of commercial spaces. This region presents an exciting landscape for handmade carpets, with its unique blend of traditional and modern aesthetics, setting the stage for impressive growth in the industry.

Handmade Carpets Market Analysis

Handmade Carpets Type Segment Analysis

According to Cognitive Market Research, Wool Carpets have traditionally been the dominant category in the Handmade Carpets market. They are highly regarded for their durability, natural warmth, and luxurious texture. These carpets have a well-established presence and have been the preferred choice for discerning buyers, especially those seeking traditional and authentic handmade carpets.

Silk Carpets are the fastest-growing category in the handmade carpets market. These carpets are celebrated for their exquisite sheen, intricate designs, and the touch of luxury they bring to interiors. The growing demand for high-end and luxurious handmade carpets, particularly in the luxury and upscale interior markets, has fueled the rapid expansion of the Silk Carpets segment. The allure of silk and its ability to create stunning visual effects contribute to its remarkable growth in the market.

• Wool Carpets
• Silk Carpets
• Cotton Carpets
• Viscose Carpets
• Other Material Carpets

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Handmade Carpets Industry. Request a Free Sample PDF!

Handmade Carpets Application Segment Analysis

The dominant category in the Handmade Carpets market is "Residential." Handmade carpets have traditionally found extensive use in residential settings, enhancing interior aesthetics and providing comfort. The demand for handmade carpets in homes has remained steady, making this category the market leader.

The fastest-growing category is "Commercial." Handmade carpets are increasingly being recognized for their quality and design in commercial spaces such as offices, hotels, and restaurants. The demand for these carpets in the commercial sector is growing rapidly as businesses seek to create appealing and comfortable environments. This shift toward handmade carpets in commercial settings is driving the segment's remarkable growth.

• Residential
• Commercial
• Industrial

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Handmade Carpets End-User Segment Analysis

According to Cognitive Market Research, the dominant category in the Handmade Carpets market is the "Hotel" segment. Handmade carpets are extensively used in the hospitality industry to enhance the aesthetic appeal of hotel interiors and create a luxurious and welcoming atmosphere. Hotels often prioritize the use of high-quality, unique, and handmade carpets to impress their guests and provide a memorable experience.

The fastest-growing category in the Handmade Carpets market is the "Office" segment. As workplaces increasingly focus on creating visually appealing and comfortable office environments, there is a growing demand for handmade carpets. These carpets add elegance and warmth to office spaces, contributing to a more inviting and productive work atmosphere. The "Office" category is witnessing rapid growth as businesses recognize the value of handmade carpets in interior design.

• Hotel
• Office
• Theater
• Ship
• Supermarket
• Airport
• Others

Handmade Carpets Distribution Channel Segment Analysis

The dominant category in the Handmade Carpets market has traditionally been offline sales channels, including physical retail stores, carpet showrooms, and galleries. These traditional sales outlets offer customers the opportunity to see and feel the carpets in person, which is often crucial for a high-involvement purchase like handmade carpets. Offline channels also have established customer bases and are particularly prevalent in regions where the appreciation for handmade craftsmanship runs deep.

The online distribution channel is the fastest-growing category in the Handmade Carpets market. The rise of e-commerce and the convenience of online shopping have fueled the demand for handmade carpets available through various online platforms and marketplaces. Online channels offer a broader reach to international customers, the convenience of browsing a wide range of designs, and easy comparison shopping. The online segment's growth is driven by the expanding digital landscape and changing consumer preferences, especially among younger generations who are more inclined to make high-value purchases online.

• Online
• Offline

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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