Luxury Carpet Market Report 2025 (Global Edition)

Global Luxury Carpet Market Report 2025 Market Size Split by Type (Woven, Needle felt, Knotted, Tufted), by Application (Commercial, Residential, Transport), by Material (Wool, Nylon, Polyester, Polyp...

Luxury Carpet Market Report Description

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Competitive Landscape of the Luxury Carpet Market

The global luxury carpet market boasts a competitive landscape characterized by the presence of key players. The company focuses on innovation, product diversification, and strategic partnerships to maintain a competitive edge. The market also witnesses collaborations with renowned designers and architects to introduce exclusive collections. Sustainable and eco-friendly practices further contribute to the competitive dynamics. Consumer preferences for premium materials and unique designs drive competition, prompting companies to invest in research and development. Overall, the global luxury carpet market's competitive landscape reflects a balance between innovation, sustainability, and meeting the evolving aesthetic demands of discerning consumers.

• September 2022: Jacaranda, a UK-based rugs and carpet brand in collaboration with Tencel, launched Seoni, the world's first collection of handwoven rugs and carpets made from 100% true carbon-zero tencel lyocell fibers to boost the sustainability of home decorations and furnishings.

(Source:https://www.tencel.com/news-and-events/jacaranda-and-tencel-launch-carbon-zero-carpet-and-rug-collection)

• July 2022: Obeetee Carpets, an Indian-based handwoven carpet manufacturer, launched a new Ajmmer collection collection. The new collection of carpets is created entirely with patterns and motifs derived from the architecture of Ajmer Fort.

(Source:https://www.indianretailer.com/news/retail-india-news-obeetee-carpets-unveils-second-retail-haven-mumbais-raghuvanshi-mills)

Top Companies Market Share in Luxury Carpet Industry: (In no particular order of Rank)

• Shaw Industries Mohawk
• Oriental Weavers
• Milliken
• Beaulieu
• Interface
• Dinarsu
• Balta
• In-floor
• Tarkett
• Dixie Group
• Brintons Merinos
• Dongsheng Carpet Group
• Jiangsu Kaili Carpet
• Shanhua Carpet
• Haima Carpet
• T.Y. Carpet
• COC Carpet
• Shenzhen Meijili Carpet
• HUADE Group
• Zhemei Carpets
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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.

North America dominated the market in 2023. It accounted for around 38% of the global revenue

According to Cognitive Market Research, North America dominated the market in 2023. It accounted for around 38% of the global revenue, owing to the combination of affluent lifestyles and a strong focus on home aesthetics propelling the demand for luxurious carpets. The dominating segment includes high-end wool and silk carpets, with consumers valuing quality and elegance.

In contrast, Europe experiences rapid growth in the luxury carpet market due to a flourishing real estate sector and a growing preference for opulent interiors. Traditional handwoven carpets, particularly those from regions like Persia, are highly sought after, emphasizing the Region's appreciation for craftsmanship and heritage.

The current report Scope analyzes Luxury Carpet 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 Luxury Carpet Market Analysis

According to Cognitive Market Research, the global Luxury Carpet market size was estimated at USD XX Billion out of which North America held the major market of more than 38% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2030 due to the Region's emphasis on interior aesthetics and a robust housing market. North America's high disposable income contributes to the growing demand for luxurious floor coverings. The dominating segment in the North American market includes handmade and custom-designed carpets, reflecting a preference for unique and high-quality products. As homeowners prioritize premium interiors, the luxury carpet market experiences sustained growth. In conclusion, North America's luxury carpet market showcases a strong affinity for opulent floor coverings, with the dominating segment highlighting the importance of craftsmanship and individualized designs. The market is poised for continued success as consumers seek to elevate their living spaces with exclusive, sophisticated flooring options.

Europe Luxury Carpet Market Analysis

According to Cognitive Market Research, the global Luxury Carpet market size was estimated at USD XX Billion out of which Europe held the major market of more than 30% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030 due to the Region's appreciation for opulent interiors and premium home decor. Europe's rich cultural heritage and emphasis on luxurious living spaces contribute to the market's growth. The dominating segment in Europe includes handmade and custom-designed luxury carpets, reflecting a preference for unique and high-quality floor coverings. Major cities like London, Paris, and Milan are key hubs for the demand for luxury carpets. In conclusion, the European luxury carpet market signifies a blend of traditional craftsmanship and contemporary aesthetics, with handmade and custom-designed carpets taking precedence. The dominating segment underscores the Region's inclination toward exclusive and personalized home furnishings, presenting significant opportunities for luxury carpet manufacturers and designers in the European market.

Asia Pacific Luxury Carpet Market Analysis

According to Cognitive Market Research, the global Luxury Carpet market size was estimated at USD XX Billion out of which Asia Pacific held the major market of more than 23% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030, due to the increasing urbanization, rising disposable income, and a growing appreciation for interior aesthetics. Asia Pacific showcases a diverse range of traditional and contemporary luxury carpet designs. The dominating segment in this market includes hand-knotted and hand-tufted carpets, reflecting the Region's emphasis on craftsmanship and quality. As luxury lifestyles and home decor preferences evolve, the demand for high-end carpets rises. In conclusion, the Asia Pacific luxury carpet market presents a dynamic landscape shaped by cultural influences and a burgeoning affluent consumer base. The dominating segment underscores the significance of artisanal craftsmanship, providing opportunities for market players to cater to the Region's evolving luxury interior design preferences.

South America Luxury Carpet Market Analysis

According to Cognitive Market Research, the global Luxury Carpet market size was estimated at USD XX Billion out of which Latin America held the major market of more than 5% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030 due to the Region's evolving lifestyle preferences and increased focus on home aesthetics. Latin America's growing middle class and urbanization generate demand for upscale interior décor. The dominating segment in the Latin American market includes handcrafted and designer carpets, reflecting a preference for unique, luxurious pieces. As consumers seek to enhance their living spaces, the market for luxury carpets in Latin America expands. In conclusion, the Latin American luxury carpet market signifies a shift towards sophisticated home furnishings. The dominating segment's emphasis on craftsmanship and design highlights the Region's appreciation for exclusive, high-quality carpets, offering growth opportunities for luxury carpet manufacturers and retailers.

Middle East Luxury Carpet Market Analysis

According to Cognitive Market Research, the global Luxury Carpet market size was estimated at USD XX Billion out of which Middle East and Africa held the major market of more than 4.00% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.1% from 2023 to 2030 due to a surge in demand for premium home decor. MEA's increasing affluence and penchant for opulent interiors contribute to the market's expansion. The dominating segment in the MEA market includes handwoven and custom-designed luxury carpets, reflecting a preference for artisanal craftsmanship and personalized styles. As the Region prioritizes aesthetic home enhancements, luxury carpets become a focal interior design point. In conclusion, the MEA luxury carpet market signifies a blend of sophistication and cultural preferences, with the dominating segment highlighting the demand for exclusive, handcrafted floor coverings that align with the Region's evolving taste for refined and luxurious living spaces.

Luxury Carpet Market Analysis

Luxury Carpet Type Segment Analysis

According to Cognitive Market Research, tufted carpets held the major market share over the forecast period due to their cost-effectiveness and quick production. They dominate the market due to their popularity in residential spaces and commercial applications. They offer various designs at various prices, contributing to their widespread adoption.

Woven carpets, on the other hand, represent the epitome of luxury and craftsmanship. Crafted through intricate weaving techniques, these carpets are highly durable and boast intricate patterns and designs, making them a preferred choice for high-end residential spaces, luxury hotels, and premium commercial establishments.

• Woven
• Needle felt
• Knotted
• Tufted

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 Luxury Carpet Industry. Request a Free Sample PDF!

Luxury Carpet Application Segment Analysis

In the residential sector, an increasing focus on home aesthetics and interior decor fuels the demand for luxurious carpets. Consumers seek premium materials, intricate designs, and superior craftsmanship, driving the market's growth. A rising global population and urbanization also contribute to expanding the residential carpet market.

Luxury carpets find applications in upscale hotels, offices, and high-end retail spaces in the commercial sector. The emphasis on creating sophisticated and welcoming environments boosts the demand for premium carpets. Commercial spaces prioritize durable, aesthetically pleasing floor coverings, driving the adoption of luxury carpets.

• Commercial
• Residential
• Transport

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

Luxury Carpet Material Segment Analysis

Nylon carpets, renowned for their durability and resilience, dominate the luxury carpet market. They offer high-performance features, making them a preferred choice for high-traffic areas. Their stain resistance and aesthetic versatility make them prominent in the luxury segment.

Polyester carpets, on the other hand, have gained traction due to their luxurious feel and vibrant color options. Polyester fibers provide a soft and comfortable underfoot experience, appealing to consumers seeking style and comfort in their living spaces. Additionally, polyester carpets often exhibit superior stain resistance, enhancing their attractiveness in the luxury market.

• Wool
• Nylon
• Polyester
• Polypropylene
• Others

Luxury Carpet Distribution Channel Segment Analysis

Traditional brick-and-mortar retail stores, specialty carpet boutiques, and home furnishing outlets contribute significantly to the offline market. These avenues provide customers with a physical shopping experience, allowing them to feel the texture and quality of luxury carpets before purchasing. The offline segment is characterized by in-store consultations, personalized services, and immediate product availability. High-end department stores and luxury home decor showrooms often showcase premium carpet collections, attracting a discerning clientele seeking exclusivity and personalized service.

The online segment is experiencing substantial growth, driven by the convenience of e-commerce and the increasing digitalization of retail. Luxury carpet brands have established a strong online presence, offering a broad range of products through their websites and partnering with e-commerce platforms. Online retailers provide consumers with the convenience of browsing, comparing, and purchasing luxury carpets from the comfort of their homes. Virtual consultations, augmented reality tools, and detailed product descriptions enhance the online shopping experience for customers seeking luxury and uniqueness. 

• Online
• Offline

Luxury Carpet End User Segment Analysis

In the hotel sector, there is a burgeoning demand for abundant and aesthetically pleasing carpets to enhance the luxurious ambiance of hospitality spaces. High-end hotels often prioritize custom-designed, durable, and visually appealing carpets to elevate guest experiences. 

In the office segment, the emphasis is on creating sophisticated and comfortable work environments. Luxury carpets in office spaces contribute to a sense of professionalism, comfort, and style. Sustainable and eco-friendly materials are gaining prominence across both segments, aligning with global trends. As businesses and hospitality industries continue to invest in upscale interiors, the luxury carpet market thrives on delivering premium, customizable solutions that meet the unique demands of hotels and offices, contributing to the overall growth and evolution of the luxury flooring industry.

• Hotels
• Offices
• Retail
• Households
• Automotive
• Aircraft
• Marine
• Trains

Author's Detail

Ashwini Moharir

Research Analyst at Cognitive Market Research

LinkedIn

Profile

Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.

Author's Conclusion