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U.K. Carpet and Rug Market Analysis

  • Report ID: GMI12149
  • Published Date: Nov 2024
  • Report Format: PDF

U.K. Carpet and Rug Market Analysis

Rising disposable income in the U.K. is driving consumers to invest in high-quality home furnishings. This trend is especially strong in urban areas, where people prefer premium products. Additionally, there is growing awareness of sustainability. Many buyers now look for carpets and rugs made from recycled materials or natural fibers. Brands offering sustainable options are becoming more popular among eco-conscious consumers.

 

Based on product type, the U.K. carpet and rug market can be segmented into woven, tufted, knotted, needle-punched, flat-weave and others. The tufted segment accounted for revenue of around USD 589.9 million in the year 2023 and is estimated to grow at a CAGR of around 4.2% from 2024 to 2032. Tufted carpets are gaining traction in the U.K. market due to their affordability and versatility.
 

The tufting process allows for a wide variety of styles, colors, and patterns, making these carpets highly customizable to fit individual tastes. This flexibility is particularly appealing to younger consumers and first-time homeowners who are looking for cost-effective solutions without compromising on style. Additionally, tufted carpets are often easier to maintain compared to other types, further driving their popularity among busy families and pet owners.
 

U.K. Carpet and Rug Market Revenue Share, By Material, (2023)

Based on the material, the U.K. carpet and rug market is categorized as nylon, wool, silk, polyester, acrylic and others. The wool segment held around 49% of the total market share in 2023 and is anticipated to grow at a CAGR of 4.2% during the forecast period.
 

Wool carpets hold a prestigious position in the U.K. carpet market, driven by their natural elegance, comfort, and sustainability. Wool is valued for its softness, warmth, and excellent insulation properties, making it a preferred choice for homeowners looking to create a cozy and inviting atmosphere. As consumer awareness of sustainability increases, wool carpets gain traction due to their renewable and biodegradable nature. The trend towards luxury and high-quality home interiors is also contributing to the growing demand for wool carpets, as they are often associated with premium products.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for carpet and rug in U.K. reached USD 945.6 million in 2023 and is estimated to grow at a 4.3% CAGR from 2024 to 2032, driven by the trend of home renovations and interior design.

The tufted segment recorded USD 589.9 million in 2023 and is expected to expand at a 4.2% CAGR through 2032 due to their affordability and versatility.

The wool segment held around 49% of the total market share in 2023 and is anticipated to grow at a 4.2% CAGR during the forecast period, led by its natural elegance, comfort, and sustainability.

The key players in the industry include Alternative Flooring, Axminster, Brintons, Brockway, Cormar, Crucial Trading, Dunlop, Flotex, Interface, Kersaint Cobb, Penthouse, Ryalux, and Thomas Witter.

U.K. Carpet and Rug Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 1
  • Pages: 220
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