Asia Pacific Carpets and Rugs Market Size, Share & Industry Trends Analysis Report By Application (Residential, and Commercial), By Material (Synthetic Fibers, Animal Yarn, and Plant-made Yarn), By Product Type, By Country and Growth Forecast, 2023 - 2030

The Asia Pacific Carpets and Rugs Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030).

The demand for carpets and rugs is driven by consumers' preference for non-geometric designer patterns and attractive vibrant colors. Additionally, there is a rising demand for contemporary area rugs, environment-friendly carpets, and carpet tiles. In recent years, the concentration of manufacturers has been on making the products more eco-friendly, versatile, durable, and easier to install and maintain.

A few decades ago, carpets and rugs demand peaked in industrialized economies. Recent years have seen a change in this pattern, with people spending more on aesthetic improvements to their homes or offices. The alleviation of the economic crisis has contributed to a renewed desire for carpets and rugs, contributing to this need. The development of the end-use industries is also anticipated to support the market.

In addition, demand for organic and eco-friendly carpet and rug fabrics and materials, like recycled and repurposed materials, is rising due to consumers' growing interest in eco-friendly home decor solutions. A growing emphasis has been placed on natural textures and colors and soft-textured wall coverings made of sisal, cotton, jute, and wool fabrics.

The National Investment Promotion and Facilitation Agency's Invest India reports that India's textile and apparel sector has strengths along the whole value chain, from fiber, yarn, and fabric to apparel. The Indian textile and apparel sector is extremely diverse, with numerous segments ranging from handicrafts, traditional handloom, wool, and silk products to the organized textile sector. This collaboration between the two industries continues to shape the way carpets and rugs are designed, produced, and marketed. Therefore, the expanding regional textile industry will aid in the expansion of the regional market throughout the forecast period.

The China market dominated the Asia Pacific Carpets and Rugs Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7.7 billion by 2030. The Japan market is estimated to witness a CAGR of 4.1% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 5.4% during (2023 - 2030).

Based on Application, the market is segmented into Residential, and Commercial. Based on Material, the market is segmented into Synthetic Fibers, Animal Yarn, and Plant-made Yarn. Based on Product Type, the market is segmented into Tufted, Woven, Knotted Pile, Needle Punched, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Carpets and Rugs Market is Projected to reach USD 102.4 Billion by 2030, at a CAGR of 4.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tai Ping Carpets, Mohawk Industries Inc., Lowe's Companies inc., Tarkett group, Victoria PLC Group (Victoria Carpets Ltd), Shaw Industries Group, Inc. (Berkshire Hathaway, Inc.), Interface Inc., Beaulieu International Group, Royalty Carpet, and Oriental Weavers

Scope of the Study

Market Segments Covered in the Report:

By Application

• Residential
• Commercial

By Material

• Synthetic Fibers
• Animal Yarn
• Plant-made Yarn

By Product Type

• Tufted
• Woven
• Knotted Pile
• Needle Punched
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Tai Ping Carpets
• Mohawk Industries Inc.
• Lowe's Companies inc.
• Tarkett group
• Victoria PLC Group(Victoria Carpets Ltd)
• Shaw Industries Group, Inc.(Berkshire Hathaway, Inc.)
• Interface Inc.
• Beaulieu International Group
• Royalty Carpet
• Oriental Weavers

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Carpets and Rugs Market, by Application
1.4.2 Asia Pacific Carpets and Rugs Market, by Material
1.4.3 Asia Pacific Carpets and Rugs Market, by Product Type
1.4.4 Asia Pacific Carpets and Rugs Market, by Country
1.5 Methodology for the research

Chapter 2. Market At a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis

Chapter 4. Strategies Deployed in Carpets and Rugs Market

Chapter 5. Asia Pacific Carpets and Rugs Market by Application
5.1 Asia Pacific Residential Market by Country
5.2 Asia Pacific Commercial Market by Country

Chapter 6. Asia Pacific Carpets and Rugs Market by Material
6.1 Asia Pacific Synthetic Fibers Market by Country
6.2 Asia Pacific Animal Yarn Market by Country
6.3 Asia Pacific Plant-made Yarn Market by Country

Chapter 7. Asia Pacific Carpets and Rugs Market by Product Type
7.1 Asia Pacific Tufted Market by Country
7.2 Asia Pacific Woven Market by Country
7.3 Asia Pacific Knotted Pile Market by Country
7.4 Asia Pacific Needle Punched Market by Country
7.5 Asia Pacific Others Market by Country

Chapter 8. Asia Pacific Carpets and Rugs Market by Country
8.1 China Carpets and Rugs Market
8.1.1 China Carpets and Rugs Market by Application
8.1.2 China Carpets and Rugs Market by Material
8.1.3 China Carpets and Rugs Market by Product Type
8.2 Japan Carpets and Rugs Market
8.2.1 Japan Carpets and Rugs Market by Application
8.2.2 Japan Carpets and Rugs Market by Material
8.2.3 Japan Carpets and Rugs Market by Product Type
8.3 India Carpets and Rugs Market
8.3.1 India Carpets and Rugs Market by Application
8.3.2 India Carpets and Rugs Market by Material
8.3.3 India Carpets and Rugs Market by Product Type
8.4 South Korea Carpets and Rugs Market
8.4.1 South Korea Carpets and Rugs Market by Application
8.4.2 South Korea Carpets and Rugs Market by Material
8.4.3 South Korea Carpets and Rugs Market by Product Type
8.5 Singapore Carpets and Rugs Market
8.5.1 Singapore Carpets and Rugs Market by Application
8.5.2 Singapore Carpets and Rugs Market by Material
8.5.3 Singapore Carpets and Rugs Market by Product Type
8.6 Malaysia Carpets and Rugs Market
8.6.1 Malaysia Carpets and Rugs Market by Application
8.6.2 Malaysia Carpets and Rugs Market by Material
8.6.3 Malaysia Carpets and Rugs Market by Product Type
8.7 Rest of Asia Pacific Carpets and Rugs Market
8.7.1 Rest of Asia Pacific Carpets and Rugs Market by Application
8.7.2 Rest of Asia Pacific Carpets and Rugs Market by Material
8.7.3 Rest of Asia Pacific Carpets and Rugs Market by Product Type

Chapter 9. Company Profiles
9.1 Tai Ping Carpets
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 SWOT Analysis
9.2 Mohawk Industries Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 SWOT Analysis
9.3 Lowe's Companies inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Acquisition and Mergers:
9.3.5 SWOT Analysis
9.4 Tarkett group
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.5 SWOT Analysis
9.5 Victoria PLC Group (Victoria Carpets Ltd)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Acquisition and Mergers:
9.6 Shaw Industries Group, Inc. (Berkshire Hathaway, Inc.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.5 SWOT Analysis
9.7 Interface Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Beaulieu International Group
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.9 Royalty Carpet
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Oriental Weavers
9.10.1 Company Overview
9.10.2 SWOT Analysis

TABLE 1 Asia Pacific Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Residential Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Residential Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Commercial Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Commercial Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Synthetic Fibers Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Synthetic Fibers Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Animal Yarn Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Animal Yarn Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Plant-made Yarn Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Plant-made Yarn Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Tufted Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Tufted Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Woven Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Woven Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Knotted Pile Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Knotted Pile Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Needle Punched Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Needle Punched Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Carpets and Rugs Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Carpets and Rugs Market by Country, 2023 - 2030, USD Million
TABLE 31 China Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 32 China Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 33 China Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 34 China Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 35 China Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 36 China Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 37 China Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 38 China Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 39 Japan Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 40 Japan Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 41 Japan Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 42 Japan Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 43 Japan Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 44 Japan Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 45 Japan Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 46 Japan Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 47 India Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 48 India Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 49 India Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 50 India Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 51 India Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 52 India Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 53 India Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 54 India Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 55 South Korea Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 56 South Korea Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 57 South Korea Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 58 South Korea Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 59 South Korea Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 60 South Korea Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 61 South Korea Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 62 South Korea Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 63 Singapore Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 64 Singapore Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 65 Singapore Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 66 Singapore Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 67 Singapore Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 68 Singapore Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 69 Singapore Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 70 Singapore Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 71 Malaysia Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 72 Malaysia Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 73 Malaysia Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 74 Malaysia Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 75 Malaysia Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 76 Malaysia Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 77 Malaysia Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 78 Malaysia Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 79 Rest of Asia Pacific Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 80 Rest of Asia Pacific Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 81 Rest of Asia Pacific Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 83 Rest of Asia Pacific Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 85 Rest of Asia Pacific Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 87 Key Information – Tai Ping Carpets
TABLE 88 Key Information - Mohawk Industries inc.
TABLE 89 Key Information – Lowe's Companies inc.
TABLE 90 Key Information – Tarkett group
TABLE 91 Key Information – Victoria PLC Group
TABLE 92 Key Information – Shaw Industries Group, Inc.
TABLE 93 Key Information – Interface Inc.
TABLE 94 Key Information – Beaulieu International Group
TABLE 95 Key Information – Royalty Carpet
TABLE 96 Key Information – Oriental Weavers

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Carpets and Rugs Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Carpets and Rugs Market
FIG 4 Porter’s Five Forces Analysis – Carpets and Rugs Market
FIG 5 Asia Pacific Carpets and Rugs Market share by Application, 2022
FIG 6 Asia Pacific Carpets and Rugs Market share by Application, 2030
FIG 7 Asia Pacific Carpets and Rugs Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Carpets and Rugs Market share by Material, 2022
FIG 9 Asia Pacific Carpets and Rugs Market share by Material, 2030
FIG 10 Asia Pacific Carpets and Rugs Market by Material, 2019 - 2030, USD Million
FIG 11 Asia Pacific Carpets and Rugs Market share by Product Type, 2022
FIG 12 Asia Pacific Carpets and Rugs Market share by Product Type, 2030
FIG 13 Asia Pacific Carpets and Rugs Market by Product Type, 2019 - 2030, USD Million
FIG 14 Asia Pacific Carpets and Rugs Market share by Country, 2022
FIG 15 Asia Pacific Carpets and Rugs Market share by Country, 2030
FIG 16 Asia Pacific Carpets and Rugs Market by Country, 2019 - 2030, USD Million
FIG 17 Swot Analysis: Tai Ping Carpets
FIG 18 Swot Analysis: Mohawk Industries Inc.
FIG 19 Swot Analysis: Lowe's Companies inc.
FIG 20 Swot Analysis: Tarkett group
FIG 21 Swot Analysis: Shaw Industries Group, Inc.
FIG 22 Swot Analysis: Interface Inc.
FIG 23 Swot Analysis: Royalty Carpet
FIG 24 Swot Analysis: Oriental Weavers