India Carpet Market Expected to Rise at 6.7% CAGR During 2025-2033

India Carpet Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Rising demand for premium home décor and growing exports are driving the growth of the India carpet market. According to the latest report by IMARC Group, The India carpet 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 Industry Trends and Drivers:

The Indian carpet market has witnessed significant growth in recent years, driven by a combination of traditional craftsmanship and modern design innovations. Handmade carpets, particularly those from regions like Kashmir, Agra, and Bhadohi, continue to dominate the market due to their intricate designs and superior quality. These carpets are highly sought after both domestically and internationally, with exports to countries like the USA, Germany, and the UAE contributing substantially to the industry's revenue. The rise of eco-conscious consumers has also spurred demand for sustainable and ethically produced carpets, prompting manufacturers to adopt eco-friendly materials and processes. Additionally, the growing popularity of online retail platforms has made it easier for consumers to access a wide variety of carpets, further boosting market expansion.

Emerging trends in the Indian carpet market include the integration of technology and customization to cater to evolving consumer preferences. Digital printing and machine-made carpets are gaining traction, offering cost-effective and versatile options for modern interiors. Urbanization and the increasing disposable income of the middle class have also fueled demand for aesthetically appealing and durable carpets. Moreover, the government's initiatives to promote handicrafts and support artisans have provided a significant boost to the sector. As the market continues to evolve, collaborations between designers and weavers are expected to bring fresh perspectives, blending traditional techniques with contemporary styles. This dynamic landscape positions the Indian carpet market as a key player in the global textile industry, with immense potential for future growth.

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India Carpet Industry Segmentation:

The report has segmented the market into the following categories:

●Analysis by Material:
●Nylon
●Olefin
●Polyester
●Others

●Analysis by Price Point:
●Economy
●Luxury

●Analysis by Sales Channel:
●Supermarkets and Hypermarkets
●Specialty Stores
●Online Stores

●Analysis by End User:
●Residential
●Commercial

●Regional Analysis:
●South India
●North India
●West and Central India
●East India

Competitive Landscape:

The competitive landscape of the India carpet market is diverse and fragmented, with both domestic and international players competing for market share. Domestic manufacturers, particularly from regions like Kashmir and Rajasthan, focus on traditional craftsmanship, producing highly valued hand-knotted and handmade carpets. For instance, on October 8, 2024, Hands unveiled the "KNOTION by Nika Zupanc" collection at ID India Design Mumbai, featuring ten hand-knotted carpets crafted from botanical silk. These contemporary pieces, inspired by knots and life's journey, showcase intricate geometry and vibrant designs. International brands also play a significant role, offering innovative designs, including synthetic and luxury carpets. E-commerce platforms have intensified competition, giving consumers greater access to diverse carpet collections. Strategic partnerships, manufacturing technologies, and quality customization are essential growth drivers for these players.

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.

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This release was published on openPR.