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.
India Carpet Industry Trends and Drivers:
The Indian carpet market has grown rapidly in recent years. This growth comes from a mix of traditional craftsmanship and modern design. Handmade carpets from places like Kashmir, Agra, and Bhadohi lead the market. Their intricate designs and high quality make them popular. Both local and international buyers seek these carpets. Exports to the USA, Germany, and the UAE greatly boost industry revenue. Eco-conscious consumers drive demand for sustainable and ethically made carpets. In response, manufacturers now use eco-friendly materials and methods. The rise of online shopping has also helped consumers find a wide range of carpets, supporting market growth.
New trends in the Indian carpet market include using technology and customization to meet changing consumer tastes. Digital printing and machine-made carpets are becoming popular. They offer cost-effective and versatile solutions for modern homes. Urbanization and rising middle-class income increase the demand for stylish and durable carpets. Government efforts to promote handicrafts and support artisans have significantly helped the sector. As the market evolves, collaborations between designers and weavers will bring new ideas, mixing traditional methods with modern styles. This changing landscape makes the Indian carpet market a vital part of the global textile industry, with great 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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