Global Decorative Rugs Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities

The Decorative Rugs Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Decorative Rugs Market Size Expected to Be by 2034?
The decorative rugs market has grown strongly in recent years. It will grow from $3.8 billion in 2024 to $4.08 billion in 2025, at a CAGR of 7.4%. This growth is due to the rise of e-commerce, growing home renovation demand, increasing disposable incomes, heightened consumer awareness, and changing consumer preferences.

The decorative rugs market is expected to grow substantially, reaching $5.39 billion by 2029 at a CAGR of 7.2%. Factors contributing to this growth include heightened awareness of interior design's importance, increased holiday spending, a growing preference for sustainable products, greater availability of decorative rugs, and consumer demand for convenience. Trends in the forecast period include the development of innovative materials and designs, adoption of eco-friendly materials, creation of smart rugs with embedded technology, and demand for durable, weather-resistant rugs.

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What Are the Emerging Segments Within the Decorative Rugs Market?
The decorative rugs market covered in this report is segmented -

1) By Product: Hand-Knotted Rugs, Hand-Tufted Rugs, Machine-Made Rugs, Flatweave Rugs, Other Products
2) By Material: Wool, Nylon, Cotton, Polyester, Jute, Other Materials
3) By Distribution Channel: Wholesalers Or Distributors, Hypermarkets Or Supermarkets, Specialty Stores, Online Retailers, Other Distribution Channels
4) By Application: Residential, Commercial

Subsegments:
1) By Hand-Knotted Rugs: Traditional Hand-Knotted Rugs, Contemporary Hand-Knotted Rugs
2) By Hand-Tufted Rugs: Wool Hand-Tufted Rugs, Synthetic Hand-Tufted Rugs, Cotton Hand-Tufted Rugs
3) By Machine-Made Rugs: Nylon Machine-Made Rugs, Polyester Machine-Made Rugs, Wool Machine-Made Rugs, Polypropylene Machine-Made Rugs
4) By Flatweave Rugs: Cotton Flatweave Rugs, Wool Flatweave Rugs, Synthetic Flatweave Rugs
5) By Other Products: Shag Rugs, Braided Rugs, Outdoor Rugs, Carpet Tiles

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What Long-Term Drivers Are Shaping Decorative Rugs Market Trends?
The growing interest in home decor and interior design is expected to boost the decorative rug market. As people focus more on customizing their living spaces, demand for decorative rugs increases due to their ability to add color, texture, and warmth to home interiors. For example, the Furniture Industry Research Association reported a 10% increase in the UK's furniture sector turnover in 2022. This growing interest in home decor is driving the demand for decorative rugs.

Who Are the Top Competitors in Key Decorative Rugs Market Segments?
Major companies operating in the decorative rugs market are Mohawk Industries, Shaw Industries Group Inc., Milliken Co, Tarkett Group, Oriental Weavers, Balta Rugs NV, Safavieh Inc., The Dixie Group, Surya Inc., Nourison Co, COURISTAN Inc., Loloi Rugs, Colonial Mills Inc., Capel Rugs, Jaipur Living Inc., Dalyn Rugs Co, Momeni Rugs Inc., Kaleen Rugs Inc., Samad Rugs, Harounian Rugs International, Tamarian, EXQUISITE RUGS

What Trends Are Expected to Dominate the Decorative Rugs Market in the Next 5 Years?
Companies in the decorative rugs market are innovating with weaving techniques such as hand-knotted braided designs to differentiate themselves. Capel Rugs released the Aria wool rug collection in July 2023, which features hand-knotted geometric and bohemian patterns made from natural undyed wool, offering a high-low profile.

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Which Regions Are Becoming Hubs for Decorative Rugs Market Innovation?
North America was the largest region in the decorative rugs market in 2023. The regions covered in the decorative rugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Decorative Rugs Market?
2. What is the CAGR expected in the Decorative Rugs Market?
3. What Are the Key Innovations Transforming the Decorative Rugs Industry?
4. Which Region Is Leading the Decorative Rugs Market?

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