Carpet Market- India
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate: 6.7% (2025-2033)
Market Size in 2024: USD 2.93 Billion
Market Size in 2033: USD 5.51 Billion
The India carpet market is thriving, driven by rising exports, increasing domestic demand, innovative designs, and growing e-commerce penetration. According to the latest report by IMARC Group, the market size was valued at USD 2.93 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 5.51 Billion by 2033, exhibiting a CAGR of 6.7% from 2025-2033.
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India Carpet Market Trends and Drivers:
1. Rising Domestic Demand and Export Performance
- Increasing disposable incomes and a focus on home aesthetics are driving domestic demand for high-quality carpets.
- India is a leading global exporter of handmade and machine-made carpets, with key markets in North America, Europe, and the Middle East.
2. Hospitality and Real Estate Sectors as Growth Drivers
- Hotels, office spaces, and luxury residences use carpets to create a premium and comfortable ambiance.
- Demand for carpets in these sectors continues to grow with urbanization and infrastructure development.
3. Government Initiatives Supporting the Industry
- Programs like 'Make in India' offer subsidies and export incentives to boost the carpet industry.
- These initiatives reinforce India's position as a global hub for carpet production.
4. Shift Towards Sustainability and Eco-Friendly Materials
- Rising consumer preference for carpets made from natural fibers like wool, jute, and organic cotton.
- Manufacturers are adopting sustainable production methods to meet eco-conscious demands.
5. Emergence of Digital Marketing and E-Commerce
- Carpet makers are leveraging e-commerce platforms to reach a broader audience.
- Direct-to-consumer sales highlight the heritage and craftsmanship of Indian carpets.
6. Growing Popularity of Customization
- Consumers are increasingly seeking unique patterns, colors, and sizes tailored to their interior decor.
- Custom designs are becoming a major trend in both domestic and international markets.
7. Skilled Craftsmanship and Quality Assurance
- India’s reputation for skilled craftsmanship and premium materials enhances its competitiveness.
- The market is well-positioned to meet evolving consumer preferences globally.
India Carpet Market Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India carpet market size. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Breakup by Material:
- Nylon
- Olefin
- Polyester
- Others
Breakup by Price Point:
- Economy
- Luxury
Breakup by Sales Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
Breakup by End User:
- Residential
- Commercial
Breakup by Region:
- South India
- North India
- West and Central India
- East India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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