LAMEA Carpets and Rugs Market Size, Share & Industry Trends Analysis Report By Application (Residential, and Commercial), By Material (Synthetic Fibers, Animal Yarn, and Plant-made Yarn), By Product Type, By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Carpets and Rugs Market would witness market growth of 6.8% CAGR during the forecast period (2023-2030).

In the commercial and residential sectors, carpets and rugs add padding to protect the floor. They enhance the interior design of a building's general space with color and offer decorative effects. Rugs and carpets are also very popular in colder areas because they prevent the floor from becoming too cold during the winter. The demand for carpets and rugs is increasing substantially due to their practical and aesthetic qualities.

The growth of the market is also fueled by increased construction activity, rising consumer disposable income, rising need for home furnishings, and quick urbanization in developing nations. This market has experienced significant development in recent years, which can be attributed to several factors. During the projected period, it is anticipated that rising consumer preference for interior decorations and rising per capita disposable income will fuel the expansion of the market.

The UAE government estimates that in 2022, the travel and tourism industry contributed AED 167 billion, or 9% of the UAE's overall GDP. Tourists from other countries spent a total of AED 117.6 billion in 2022. The UAE now has 1189 hotels, and the country can accommodate 203,000 hotel rooms, according to 2022 statistics provided by the Ministry of Economy of UAE. The travel & tourism sector requires carpets and rugs for both aesthetic and functional purposes. The growth of the tourism and hospitality industry drives demand in this regional market.

The Brazil market dominated the LAMEA Carpets and Rugs Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.1 billion by 2030. The Argentina market is anticipated to grow at a CAGR of 7.4% during (2023 - 2030). Additionally, The UAE market would witness a CAGR of 6.5% during (2023 - 2030).

Based on Application, the market is segmented into Residential, and Commercial. Based on Material, the market is segmented into Synthetic Fibers, Animal Yarn, and Plant-made Yarn. Based on Product Type, the market is segmented into Tufted, Woven, Knotted Pile, Needle Punched, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Carpets and Rugs Market is Projected to reach USD 102.4 Billion by 2030, at a CAGR of 4.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tai Ping Carpets, Mohawk Industries Inc., Lowe's Companies inc., Tarkett group, Victoria PLC Group (Victoria Carpets Ltd), Shaw Industries Group, Inc. (Berkshire Hathaway, Inc.), Interface Inc., Beaulieu International Group, Royalty Carpet, and Oriental Weavers

Scope of the Study

Market Segments Covered in the Report:

By Application

• Residential
• Commercial

By Material

• Synthetic Fibers
• Animal Yarn
• Plant-made Yarn

By Product Type

• Tufted
• Woven
• Knotted Pile
• Needle Punched
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Tai Ping Carpets
• Mohawk Industries Inc.
• Lowe's Companies inc.
• Tarkett group
• Victoria PLC Group(Victoria Carpets Ltd)
• Shaw Industries Group, Inc.(Berkshire Hathaway, Inc.)
• Interface Inc.
• Beaulieu International Group
• Royalty Carpet
• Oriental Weavers

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Carpets and Rugs Market, by Application
1.4.2 LAMEA Carpets and Rugs Market, by Material
1.4.3 LAMEA Carpets and Rugs Market, by Product Type
1.4.4 LAMEA Carpets and Rugs Market, by Country
1.5 Methodology for the research

Chapter 2. Market At a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis

Chapter 4. Strategies Deployed in Carpets and Rugs Market

Chapter 5. LAMEA Carpets and Rugs Market by Application
5.1 LAMEA Residential Market by Country
5.2 LAMEA Commercial Market by Country

Chapter 6. LAMEA Carpets and Rugs Market by Material
6.1 LAMEA Synthetic Fibers Market by Country
6.2 LAMEA Animal Yarn Market by Country
6.3 LAMEA Plant-made Yarn Market by Country

Chapter 7. LAMEA Carpets and Rugs Market by Product Type
7.1 LAMEA Tufted Market by Country
7.2 LAMEA Woven Market by Country
7.3 LAMEA Knotted Pile Market by Country
7.4 LAMEA Needle Punched Market by Country
7.5 LAMEA Others Market by Country

Chapter 8. LAMEA Carpets and Rugs Market by Country
8.1 Brazil Carpets and Rugs Market
8.1.1 Brazil Carpets and Rugs Market by Application
8.1.2 Brazil Carpets and Rugs Market by Material
8.1.3 Brazil Carpets and Rugs Market by Product Type
8.2 Argentina Carpets and Rugs Market
8.2.1 Argentina Carpets and Rugs Market by Application
8.2.2 Argentina Carpets and Rugs Market by Material
8.2.3 Argentina Carpets and Rugs Market by Product Type
8.3 UAE Carpets and Rugs Market
8.3.1 UAE Carpets and Rugs Market by Application
8.3.2 UAE Carpets and Rugs Market by Material
8.3.3 UAE Carpets and Rugs Market by Product Type
8.4 Saudi Arabia Carpets and Rugs Market
8.4.1 Saudi Arabia Carpets and Rugs Market by Application
8.4.2 Saudi Arabia Carpets and Rugs Market by Material
8.4.3 Saudi Arabia Carpets and Rugs Market by Product Type
8.5 South Africa Carpets and Rugs Market
8.5.1 South Africa Carpets and Rugs Market by Application
8.5.2 South Africa Carpets and Rugs Market by Material
8.5.3 South Africa Carpets and Rugs Market by Product Type
8.6 Nigeria Carpets and Rugs Market
8.6.1 Nigeria Carpets and Rugs Market by Application
8.6.2 Nigeria Carpets and Rugs Market by Material
8.6.3 Nigeria Carpets and Rugs Market by Product Type
8.7 Rest of LAMEA Carpets and Rugs Market
8.7.1 Rest of LAMEA Carpets and Rugs Market by Application
8.7.2 Rest of LAMEA Carpets and Rugs Market by Material
8.7.3 Rest of LAMEA Carpets and Rugs Market by Product Type

Chapter 9. Company Profiles
9.1 Tai Ping Carpets
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 SWOT Analysis
9.2 Mohawk Industries Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 SWOT Analysis
9.3 Lowe's Companies inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Acquisition and Mergers:
9.3.5 SWOT Analysis
9.4 Tarkett group
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.5 SWOT Analysis
9.5 Victoria PLC Group (Victoria Carpets Ltd)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Acquisition and Mergers:
9.6 Shaw Industries Group, Inc. (Berkshire Hathaway, Inc.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.5 SWOT Analysis
9.7 Interface Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Beaulieu International Group
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.9 Royalty Carpet
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Oriental Weavers
9.10.1 Company Overview
9.10.2 SWOT Analysis

TABLE 1 LAMEA Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 4 LAMEA Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 5 LAMEA Residential Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Residential Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 10 LAMEA Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 11 LAMEA Synthetic Fibers Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Synthetic Fibers Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Animal Yarn Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Animal Yarn Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Plant-made Yarn Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Plant-made Yarn Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 18 LAMEA Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 19 LAMEA Tufted Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Tufted Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Woven Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Woven Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Knotted Pile Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Knotted Pile Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Needle Punched Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Needle Punched Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Carpets and Rugs Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Carpets and Rugs Market by Country, 2023 - 2030, USD Million
TABLE 31 Brazil Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 32 Brazil Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 33 Brazil Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 34 Brazil Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 35 Brazil Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 36 Brazil Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 37 Brazil Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 38 Brazil Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 39 Argentina Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 40 Argentina Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 41 Argentina Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 42 Argentina Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 43 Argentina Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 44 Argentina Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 45 Argentina Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 46 Argentina Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 47 UAE Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 48 UAE Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 49 UAE Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 50 UAE Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 51 UAE Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 52 UAE Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 53 UAE Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 54 UAE Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 61 Saudi Arabia Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 63 South Africa Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 64 South Africa Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 65 South Africa Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 66 South Africa Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 67 South Africa Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 68 South Africa Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 69 South Africa Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 70 South Africa Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 71 Nigeria Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 72 Nigeria Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 73 Nigeria Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 74 Nigeria Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 75 Nigeria Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 76 Nigeria Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 77 Nigeria Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 78 Nigeria Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Carpets and Rugs Market, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Carpets and Rugs Market, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA Carpets and Rugs Market by Application, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Carpets and Rugs Market by Application, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Carpets and Rugs Market by Material, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA Carpets and Rugs Market by Material, 2023 - 2030, USD Million
TABLE 85 Rest of LAMEA Carpets and Rugs Market by Product Type, 2019 - 2022, USD Million
TABLE 86 Rest of LAMEA Carpets and Rugs Market by Product Type, 2023 - 2030, USD Million
TABLE 87 Key Information – Tai Ping Carpets
TABLE 88 Key Information - Mohawk Industries inc.
TABLE 89 Key Information – Lowe's Companies inc.
TABLE 90 Key Information – Tarkett group
TABLE 91 Key Information – Victoria PLC Group
TABLE 92 Key Information – Shaw Industries Group, Inc.
TABLE 93 Key Information – Interface Inc.
TABLE 94 Key Information – Beaulieu International Group
TABLE 95 Key Information – Royalty Carpet
TABLE 96 Key Information – Oriental Weavers

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Carpets and Rugs Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Carpets and Rugs Market
FIG 4 Porter’s Five Forces Analysis – Carpets and Rugs Market
FIG 5 LAMEA Carpets and Rugs Market share by Application, 2022
FIG 6 LAMEA Carpets and Rugs Market share by Application, 2030
FIG 7 LAMEA Carpets and Rugs Market by Application, 2019 - 2030, USD Million
FIG 8 LAMEA Carpets and Rugs Market share by Material, 2022
FIG 9 LAMEA Carpets and Rugs Market share by Material, 2030
FIG 10 LAMEA Carpets and Rugs Market by Material, 2019 - 2030, USD Million
FIG 11 LAMEA Carpets and Rugs Market share by Product Type, 2022
FIG 12 LAMEA Carpets and Rugs Market share by Product Type, 2030
FIG 13 LAMEA Carpets and Rugs Market by Product Type, 2019 - 2030, USD Million
FIG 14 LAMEA Carpets and Rugs Market share by Country, 2022
FIG 15 LAMEA Carpets and Rugs Market share by Country, 2030
FIG 16 LAMEA Carpets and Rugs Market by Country, 2019 - 2030, USD Million
FIG 17 Swot Analysis: Tai Ping Carpets
FIG 18 Swot Analysis: Mohawk Industries Inc.
FIG 19 Swot Analysis: Lowe's Companies inc.
FIG 20 Swot Analysis: Tarkett group
FIG 21 Swot Analysis: Shaw Industries Group, Inc.
FIG 22 Swot Analysis: Interface Inc.
FIG 23 Swot Analysis: Royalty Carpet
FIG 24 Swot Analysis: Oriental Weavers