Carpet & Rug Manufacturing Industry Profile

View Full Sample Add To Cart

Excerpt from Carpet & Rug Manufacturing Industry Profile

Companies in this industry manufacture woven, tufted, and other types of rugs and carpet using natural and synthetic fibers. Major companies include Engineered Floors, Interface, Mohawk Industries, and Shaw Industries (all based in the US), along with Balta (Belgium), Oriental Weavers (Egypt), and Suminoe Textile (Japan).

Amid the COVID-19 crisis, the global market for carpets and rugs estimated at $34 billion in the year 2020, is projected to reach a revised size of $39 billion by 2027, growing at a compound annual growth rate (CAGR) of around 2% over the analysis period 2020-2027, according to the research by Report Linker. Apart from US and China, the other noteworthy geographic markets in this projected period are Japan and Canada.

The US carpet and rug manufacturing industry includes about 250 establishments (single-location companies and units of multi-location companies) with annual revenue of about $10 billion.


Demand for carpeting depends on residential and commercial real estate construction and home sales, which can be cyclical. With many costs fixed, profitability of individual companies depends on their volume of business. Large companies enjoy significant economies of scale in manufacturing and distribution. The US industry is concentrated: the four largest companies account for about 50% of revenue.

Competition comes from providers of other types of floor coverings, including hardwood and ceramic tile. Many carpet manufacturers have expanded into noncarpet flooring products.

View Full Sample Add To Cart Return to the Industry Profile Menu

Related Profiles

Here are a few profiles related to Carpet & Rug Manufacturing that you also might be interested in viewing:

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options