Global Textile Flooring Market Outlook, 2029

The Global Textile Flooring market is projected to exceed USD 12 Billion by 2029, driven by innovations and aesthetic demands.

Textile flooring is the broad industry dedicated to the manufacturing and sale of floor coverings derived from textile materials. These materials include carpet tiles, rugs, and tufted or woven carpets. They provide a visually pleasing and cozy surface for use in commercial, residential, and industrial spaces. To satisfy their varied tastes, the market offers customers a wide range of materials, textures, patterns, and textures. The notable surge in demand for textile flooring can be ascribed to its versatility, durability, and ability to enhance the aesthetic appeal of interior environments; consequently, it has become an indispensable component in the broader floor-covering industry. According to the research report, “Global Textile Flooring Market Outlook, 2029” published by Bonafide Research, the market is anticipated to cross USD 12 Billion by 2029. There are several noteworthy elements responsible for the rapidly growing global textile flooring industry. First of all, the importance of interior design and aesthetics has grown, which has increased demand for creative and visually appealing flooring solutions, of which textile flooring is an essential part. Textile flooring has become a sustainable option because to the increased demand for ecologically friendly materials brought about by the growing realization of the significance of environmental sustainability.The need for premium flooring solutions has also grown because of rising real estate and commercial building around the world, which has helped the market expand. The advancement of technology in production processes, which results in improved product performance and quality, further supports the market's upward trend. Together, these different elements' convergence highlights the positive prognosis for the global textile flooring industry.

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Market Drivers Global investments in the real estate industry are being driven by rising urbanization and population movement. The need for textile flooring is increasing due to urbanization, particularly in contemporary dwellings. The market for high-end goods, such as rugs and carpets, has increased due to consumers' growing preference for contemporary and luxurious residences. These goods are picked to improve residential areas' visual attractiveness and support the expansion of the textile flooring industry. Particularly in the healthcare industry, application-specific floorings such those that are heat-resistant, allergy-friendly, and sound-proof are needed. The market's participants are being encouraged to innovate and launch new textile technologies and products in response to these particular demands by the growing popularity of these specialty floor coverings. Market Challenges

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Manmayi Raval

Manmayi Raval

Research Consultant

The use of carpet floors made of animal fibres has decreased dramatically in recent years in certain places, such as Russia and the Nordic nations, as a result of the Ethical Treatment of Animals campaign, which strongly discourages the use of fur products. Additionally, the high cost of imports has decreased trade between Asia Pacific and Europe, which has hampered market growth for textile flooring during the forecast period. Furthermore, the trash and Resources Action Programme (WRAP) regulations present numerous obstacles for businesses engaged in trash disposal and material recycling, particularly in the United States, Asia Pacific, and Europe. It is anticipated that this aspect will impede the textile flooring market's expansion. Moreover, trash disposal programs are being impacted by the lack of landfill space, which is predicted to impede industry expansion. Market Opportunities Sustainable Innovation: Putting money into environmentally friendly, ethically sourced textile flooring goods is in line with consumer demands for sustainable materials, production methods, and recycling programs. • Market Expansion : Manufacturers of textile flooring aiming to cater to a variety of end-user segments can find growth prospects by investigating unexplored industries like the hospitality, healthcare, education, and transportation sectors. • Product Differentiation: Manufacturers may stand out in a competitive market and satisfy changing consumer demands by differentiating their offers through creative designs, textures, patterns, and performance qualities. • Collaborative Partnerships: Establishing strategic alliances with real estate developers, architects, and interior designers makes it easier for textile flooring goods to be specified in both commercial and residential projects, as well as to gain market access and brand recognition.

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Manmayi Raval

Based on the report, the Product type segment is segmented into Rugs & Carpets. Carpets segment is leading in the Textile Flooring Market due to its widespread use residential, commercial, and hospitality sectors for its comfort, insulation, and aesthetic versatility. The carpets sub-segment leads in the Textile Flooring Market based on product type due to its versatility, comfort, and aesthetic appeal, making it a preferred choice across various sectors. Carpets offer a soft and plush underfoot feel, which enhances comfort in residential settings such as living rooms, bedrooms, and hallways. This comfort factor also extends to commercial and hospitality environments, where carpets create a welcoming and cozy atmosphere for customers and guests. Aesthetic versatility is another key advantage of carpets. They are available in a wide range of colours, patterns, and textures, allowing for customized designs that complement different interior styles and preferences. Whether it's a luxurious wool carpet in a high-end hotel lobby or a durable nylon carpet in a bustling office space, carpets can enhance the visual appeal of any space while providing practical benefits. Moreover, carpets contribute to acoustic comfort by absorbing sound and reducing noise levels, which is beneficial in busy environments like offices, airports, and educational institutions. This acoustic insulation helps create quieter and more productive workspaces and improves overall acoustic quality in public areas. Based on the report, the Technology segment is segmented into Tufting, woven, needlefelt. The Needlefelt segment is estimated to grow at a higher growth rate in the Textile Flooring Market due to its exceptional durability, high-performance in high-traffic areas, and design flexibility. The needlefelt sub-segment leads in the Textile Flooring Market based on the technology segment primarily due to its exceptional durability, versatility, and suitability for high-traffic commercial and industrial applications. Needlefelt technology involves mechanically intertwining synthetic or natural fibres through a felting process, creating a dense and resilient carpet structure without the need for backing material. One of the key advantages of needlefelt carpets is their durability. The densely packed fibres and interlocking construction make them highly resistant to wear and tear, making them ideal for areas with heavy foot traffic such as airports, hotels, offices, and retail spaces. They can withstand frequent use and maintain their appearance and performance over an extended period, reducing maintenance and replacement costs compared to other flooring options. Moreover, needlefelt carpets excel in acoustic performance by absorbing sound and reducing noise levels within spaces. This acoustic insulation is beneficial in open-plan offices, conference rooms, and educational facilities, creating quieter and more comfortable environments conducive to productivity and concentration. In addition to their durability and design flexibility, needlefelt carpets are easy to install and maintain. They are typically laid as broadloom rolls or tiles, facilitating quick and efficient installation processes. The dense fibre structure also makes them resistant to stains and dirt, requiring minimal cleaning and upkeep compared to other textile flooring types. Furthermore, needlefelt carpets are recognized for their sustainability credentials. Many manufacturers offer eco-friendly options using recycled fibres and sustainable production practices, aligning with global efforts to reduce environmental impact and promote green building initiatives. North America is leading the Textile Flooring Market due to high demand for premium, innovative flooring solutions, while APAC's fastest growth is driven by rapid urbanization and increasing disposable incomes. North America leads the Textile Flooring Market due to its sophisticated infrastructure, high standards of living, and strong consumer preference for premium and innovative flooring solutions. The region's well-established construction industry, coupled with a penchant for interior design trends that prioritize comfort and aesthetics, drives significant demand for textile flooring products. North American consumers value the luxurious feel, warmth, and acoustic properties that textile flooring, such as carpets and carpet tiles, can provide in residential, commercial, and hospitality settings. Moreover, stringent environmental regulations in North America have spurred the development of eco-friendly textile flooring options, appealing to environmentally conscious consumers and businesses alike. Conversely, the Asia-Pacific (APAC) region emerges as the fastest-growing market for textile flooring, propelled by rapid urbanization, expanding middle-class populations, and increasing disposable incomes. Countries like China, India, and Southeast Asian nations are experiencing robust growth in residential and commercial construction, creating a surge in demand for affordable and stylish flooring solutions. Textile flooring products are favoured in APAC for their versatility, ease of installation, and ability to enhance indoor air quality through reduced dust circulation compared to hard flooring surfaces. The region's diverse climate conditions also drive the preference for textile flooring's insulating properties, which provide warmth in colder climates and comfort in tropical environments. Furthermore, APAC's textile flooring market benefits from technological advancements and innovations in manufacturing processes, enabling local producers to offer competitive pricing and customized solutions tailored to regional preferences and market demands. Government initiatives supporting sustainable building practices and increasing awareness of the health benefits associated with textile flooring further accelerate market growth in APAC. •For about US$ 293 million in cash, the US flooring maker Mohawk Industries, Inc. purchased the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) in June 2022. Vitromex is a producer of ornamental flooring and glazed ceramics. This purchase includes Vitromex's four Mexican manufacturing sites. It is anticipated that this program will improve the company's customer base, logistical capabilities, and manufacturing efficiencies. •The high interface brand FLOR introduced the first-ever carbon zero area rugs in March 2022. It has a low carbon footprint, a beautiful design, and is durable. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Textile Flooring Market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Rugs • Carpets By Technology • Tufting • Woven • Needle felt By Application • Residential • Commercial • Others (Industrial, etc.) The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Textile Flooring industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

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Global Textile Flooring Market Outlook, 2029

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