Area Rugs Market By Type (Tufted Rugs, Knotted Rugs, Hand-Woven Rugs, Others), By Material (Wool, Synthetics, Sisal, Jute Sea Grass, Animal Skins, Silk, Cotton, Others), By Application (Commercial, Residential), By Region, By Competition Forecast & Opportunities, 2024-2032F

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

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Area Rugs Market By Type (Tufted Rugs, Knotted Rugs, Hand-Woven Rugs, Others), By Material (Wool, Synthetics, Sisal, Jute Sea Grass, Animal Skins, Silk, Cotton, Others), By Application (Commercial, Residential), By Region, By Competition Forecast & Opportunities, 2024-2032F

Forecast Period2024-2028
Market Size (2022)USD45.82 billion
CAGR (2023-2028)4.29%
Fastest Growing SegmentSynthetics
Largest MarketNorth America

MIR Consumer Goods and Retail

Market Overview

Key Market Drivers

Home Renovation and Remodeling Trends

Urbanization and Smaller Living Spaces


MIR Segment1

Evolving Consumer Preferences and Design Trends

Health and Comfort Considerations

Globalization and Trade

Technological Advancements


MIR Regional

Key Market Challenges

Competition and Market Saturation

Economic Volatility and Material Costs

Changing Consumer Preferences and Design Trends

Key Market Trends

Sustainable Materials and Eco-Friendly Production

Digital Printing and High-Definition Graphics

Texture and Layering

Segmental Insights

Type Insights

Regional Insights

Recent Developments

  • In 2023 – a floor covering and home accents manufacturer Nourison hostedMeet & Greet with Farah Merhi, founder of Inspire Me! Home Decor for thedebut of her new area rugs at the Nourison showroom during Las Vegas Market. HomeDecor has featured two brand new area rug collections, Brushstrokes and Iliana.Brushstrokes includes softly textured abstract patterns with a metallic sheenfor a glamourous touch. The Iliana collection infuses elegance with classic andcontemporary patterns in neutral colors and a sheen that reflects. Or absorbslight to create two distinctive looks in one.
  • In 2023, Rug company Nourison has rebranded to become Nourison Home asit delves deeper into home furnishings with new categories. The company hasadded bedding and other home textiles, home accessories, lighting and customitems to its lineup.  

Key Market Players

  • Balta Group NV
  • Berkshire Hathaway Inc.
  • Capel Inc.
  • Dixie Group Inc
  • Harounian Rugs International
  • Kalaty Rug Corp.
  • Loloi Inc.
  • Milliken & Co.
  • Mohawk Industries Inc.
  • Nourison

Table of Content

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List Tables Figures

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