The textile flooring market is estimated to be valued at USD 10.25 Bn in 2024, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. Textile flooring refers to the use of textiles such as fabrics, yarns or other fibrous materials that are used as floor or wall coverings in interior spaces. Rising construction activities around the world coupled with the growing popularity of textile flooring such as carpets and rugs on account of their aesthetic appeal and functionality. This is fueling the growth of the global textile flooring market. Textile flooring options like carpet tiles are gaining prominence due to benefits such as ease of installation and replacement, recyclability, and sustainability. Leading manufacturers are focusing on developing innovative products made from recycled materials in line with the sustainability goals of commercial and residential end users. The global textile flooring market is expected to witness steady growth over the next decade driven by increasing adoption across various sectors such as residential, commercial, and automotive.

 Market Dynamics:

The global textile flooring market is driven by rising residential and commercial construction activities, growing popularity of textile flooring options like carpets and rugs for their aesthetic value and functionality. Carpet tiles are gaining traction in the commercial sector owing to benefits such as easy installation and replacement. However, high costs associated with textile flooring especially for carpets pose a challenge for widespread adoption. Growing inclination towards eco-friendly products presents an opportunity for manufacturers to develop innovative flooring made from recycled materials. Stringent regulatory frameworks mandating use of sustainable materials in the construction industry is another key factor fueling adoption. Market players are investing in new product launches, technological advancements, and expansion into emerging markets to further accelerate growth.

 Key Features of the Study:

• This report provides in-depth analysis of the global textile flooring market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global textile flooring market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Mohawk Industries, Inc., Interface, Inc., Beaulieu International Group N.V, Tarkett SA, Balta Group, Shaw Industries Group Inc., Forbo Holding AG, Mannington Mills, Inc., J+J Flooring Group, Vorwerk and Co. KG., Welspun Living, RELSO, Natroyal Group, Saif Home Pvt Ltd., Marwar Carpets, and Javi Home.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global textile flooring market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global textile flooring market.

Detailed Segmentation-

• By Product Type:
  • Rugs
  • Carpets
• By Technology:
  • Tufting
  • Woven
  • Needlefelt
• By Material Type:
  • Synthetic Textiles
  • Animal Textiles
  • Plant Textiles
• By Application:
  • Residential
  • Commercial
  • Others (Industrial, etc.)
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Mohawk Industries, Inc.
  • Interface, Inc.
  • Beaulieu International Group N.V
  • Tarkett SA, Balta Group
  • Shaw Industries Group Inc.
  • Forbo Holding AG
  • Mannington Mills, Inc.
  • J+J Flooring Group
  • Vorwerk and Co. KG.
  • Welspun Living
  • RELSO
  • Natroyal Group
  • Saif Home Pvt Ltd.
  • Marwar Carpets
  • Javi Home