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Home   Furniture and Furnishing    Tufted Carpets and Rugs

Tufted Carpets and Rugs

Global demand for tufted carpets and rugs is forecast to expand 4.9% p.a. between 2015 and 2019. Currently, tufted carpets and rugs of wool or fine animal hair account for 10.8% of the global demand while the remaining market share is divided between tufted carpets and rugs of nylon or other polyamides (42.9%), tufted carpets and rugs of other manmade textile materials (41.4%) and other tufted carpets and rugs (4.9%).

China, Japan, Sri Lanka, the United Kingdom and the United States are considered the highest potential markets in the coming years. China, Germany, Japan, the United Kingdom and the United States represent the largest tufted carpet and rug markets while the strongest annual growth is forecast to occur in Sri Lanka (11.3%), Lebanon (9.5%), Bolivia (9.5%), South Korea (8.6%) and Vietnam (8.2%).

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