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North America Carpet and Rug Market Share

Report ID: GMI10246
Published Date: Jul 2024
Report Format: PDF

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North America Carpet and Rug Market Share

North America Carpet and Rug Market Company Share Analysis, (2023)

The market is fragmented, with prominent players, such as Shaw Industries Group, Inc., Mohawk Industries, Inc., Interface, Inc., Tarkett S.A., and Beaulieu International Group N.V., holding a market share of 10-15%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market. For instance, in October 2022, Mohawk Industries, announced the acquisition of Fabrica International, a leading manufacturer of carpet, rugs and modular carpet tiles. The deal, valued at USD 715 million, has strengthened Mohawk's position in the residential and commercial carpeting markets.

North America Carpet and Rug Market Companies

Major players operating in the market include:

Balta Group
Beaulieu International Group
Bentley Mills, Inc.
Engineered Floors LLC
Interface, Inc.
J&J Flooring Group
Mannington Mills, Inc.
Masland Carpets
Milliken & Company
Mohawk Industries, Inc.
Oriental Weavers Group
Shaw Industries Group, Inc.
Stark Carpet Corp.
Tarkett S.A.
The Dixie Group, Inc.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

North America carpet and rug market was valued at USD 14.5 billion in 2023 and is anticipated to register 4.2% CAGR between 2024 and 2032 driven by growing urbanization, increasing aesthetic appeal, and high environmental sustainability.

The tufted segment in the carpets and rugs market generated USD 9 billion in 2023 and is expected to reach more than USD 13.5 billion by 2032 attributed to the efficiency of tufting machines, which can produce up to 1,400 square yards of carpet per hour.

U.S. carpet and rug market generated a revenue of USD 10.5 billion in 2023 and is expected to reach USD 16 billion by 2032 owing to the higher proportion of single-family homes.

Balta Group, Beaulieu International Group, Bentley Mills, Inc., Engineered Floors LLC, Interface, Inc., J&J Flooring Group, Mannington Mills, Inc., Masland Carpets, Milliken & Company, Mohawk Industries, Inc., Oriental Weavers Group, and Shaw Industries Group, Inc. among others.