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The tufted segment generated over USD 8.3 billion in 2024.

The market for carpet and rug in North America was valued at USD 13.3 billion in 2024 and is expected to reach around USD 20.4 billion by 2034, growing at 4.4% CAGR through 2034.

Some of the major players in the industry include Balta, Beaulieu, Bentley Mills, Engineered Floors, Interface, JJ Flooring, Mannington Mills, Masland Carpets, Milliken & Company, Mohawk Industries, Oriental Weavers, Shaw Industries Group, Stark Carpet, Tarkett, and The Dixie Group.

The U.S. market of carpet and rug was worth over USD 9.8 billion in 2024.