Residential Carpet Roll Market Analysis

Residential Carpet Roll Market Analysis

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Based on product type, the market is segmented into loop, cut & loop, cut pile (texture), and twist frieze. The loop segment dominated the market in 2023, generating a revenue exceeding USD 7.2 billion, and is expected to reach more than USD 10 billion by 2032. This dominance can be attributed to durability, stain resistance, and easy maintenance of loop residential carpet rolls. Loop pile carpets lack the cut fibers found in plush carpets. This seemingly simple design translates to exceptional strength. Loop pile carpets can withstand heavy foot traffic and daily wear and tear much better.
 

According to the Carpet and Rug Institute (CRI), loop pile carpets exhibit minimal wear and tear compared to cut pile carpets, which experienced significant flattening and loss of fiber definition. Also, according to the National Cleaning Association (NCA), in 2023, it was found that the average American spends six hours a week on cleaning tasks. Loop pile carpets, by simplifying vacuuming, can contribute to a reduction in cleaning time, allowing homeowners to spend more time on other activities.
 

Based on application, the residential carpet roll market is categorized into indoor, (living room, bedroom, stairs, dining room, others (kitchen, basement, home theater, etc.) and outdoor (garden, pool, others) In 2023, the indoor segment emerged dominant, accounting for a substantial revenue of USD 14.5 billion, and is expected to reach USD 20 billion by 2032. This dominance can be attributed to several factors including a preference for comfort and sound reduction. Carpets provide a soft and warm surface underfoot, making them particularly inviting in bedrooms and living rooms.
 

They excel at absorbing sound, and dampening noise transmission within a room and between floors in multi-story homes, creating a quieter and more peaceful living environment. Improved air quality carpets can trap dust, allergens, and pet danger, preventing them from circulating in the air. This can be helpful for allergy and asthma sufferers, especially when combined with regular vacuuming.
 

North America emerged as the dominant region, generating a substantial revenue of USD 5.9 billion, and is expected to reach USD 8.3 billion by 2032. The region has a higher proportion of single-family homes. According to the Organization for Economic Co-operation and Development (OECD), in 2021, the owner-occupation rate for detached houses (single-family homes) in the U.S. was 65.1% compared to an average of 44.4% across OECD member countries.
 

This suggests a significantly higher prevalence of single-family homes in North America, potentially contributing to higher carpet use. Carpets are more commonly used in single-family homes for comfort and sound insulation between floors. Carpeting provides superior sound insulation compared to hard surface flooring such as tile or hardwood. This is particularly beneficial in single-family homes where sound can travel more easily between floors. Reduced noise from footsteps and activities on upper floors improves overall living comfort.
 

North America: The U.S. dominated the North America residential carpet roll market with a revenue of around USD 4.6 billion in 2023 and is expected to reach around USD 6.6 billion by 2032. The carpets are a widely accepted and preferred flooring option in most U.S. homes. Factors, such as comfort, sound insulation, and affordability, contribute to this preference. The U.S. has a higher proportion of single-family homes compared to Canada and Mexico. Carpets are more commonly used in single-family homes for comfort and sound insulation between floors.
 

Europe: Germany led the Europe residential carpet roll market with a revenue of around USD 871 million in 2023 and is expected to reach around USD 1.2 billion by 2032, growing at a CAGR of 4.1%. Germany is the economic powerhouse of Europe, with a strong focus on innovation and construction industry. Therefore, the number of new housing units under construction in Germany has been steadily increasing in recent years.
 

Asia Pacific: China dominated the Asia Pacific residential carpet roll market with revenue of around USD 1.6 billion in 2023 and is expected to reach around USD 2.2 billion by 2032. The country’s construction industry is experiencing significant growth, driven by urbanization and government infrastructure projects. This growth fuels the demand for various building materials, including carpets for new residential buildings.