The global rug market was valued at USD 27.8 billion in 2019 and is expected to reach USD 34.9 billion by 2027, growing at a CAGR of 3.1% from 2020 to 2027. The market is driven by factors such as increasing urbanization, rising disposable income, and growing demand for home décor products.
The Asia Pacific region is expected to dominate the global rug market during the forecast period due to the presence of a large population and increasing urbanization. The region is also witnessing a rise in disposable income, which is driving the demand for home décor products.
The hand-woven rugs segment is expected to hold the largest market share during the forecast period due to their durability, unique designs, and high-quality materials. The machine-made rugs segment is also expected to grow at a significant rate due to their affordability and easy availability.
The online distribution channel is expected to witness significant growth during the forecast period due to the increasing popularity of e-commerce platforms and the convenience they offer to consumers. However, brick and mortar stores will continue to dominate the market due to the tactile experience they provide to customers.
Baskets
Bathmats
- Material: Bathmats are available in various materials, each with its own characteristics. Some common materials used for bathmats include:
- Cotton: Cotton bathmats are soft, absorbent, and easy to clean. They come in a wide range of colors, patterns, and textures.
- Microfiber: Microfiber bathmats are highly absorbent and quick-drying. They are known for their softness and can be easily machine-washed.
- Bamboo: Bamboo bathmats are eco-friendly options. They are moisture-resistant, durable, and have a natural and stylish appearance.
- Memory Foam: Memory foam bathmats provide excellent cushioning and support. They contour to the shape of your feet and provide added comfort.
- Rubber or Silicone: Rubber or silicone bathmats are slip-resistant and provide a secure footing in the bathroom. They are often used in showers or tubs.
- Size and Shape: Bathmats come in various sizes and shapes to fit different bathroom spaces. Standard sizes include rectangular or square mats, but you can also find circular or oval-shaped options.
Berber Carpets
Braided Jute Rugs
- Handmade Braided Jute Rug: These rugs are made by skilled artisans who braid jute fibers together to create a durable and attractive rug. They come in a variety of sizes and colors to match any home decor.
- Natural Jute Area Rug: These rugs are made from 100% natural jute fibers and come in a range of sizes and shapes, from round to rectangular. They have a textured surface and can be used in any room of the house.
- Chunky Jute Rug: These rugs have a thick, chunky weave that gives them a unique texture and appearance. They come in a variety of neutral colors and are perfect for adding warmth and texture to any room.
- Braided Jute Runner: These long, narrow rugs are perfect for hallways, entryways, or other areas where a full-sized rug won't fit. They are available in a range of colors and patterns and are great for adding a pop of color to a room.
- Jute and Cotton Blend Rug: These rugs are made from a blend of jute and cotton fibers, which creates a soft and durable rug that is perfect for high-traffic areas. They come in a variety of patterns and colors and can be used in any room of the house.
Cotton Bags and Purses
- Cotton Fabric: Cotton is a natural fiber derived from the cotton plant. It is widely used in the textile industry due to its softness, breathability, and ability to absorb moisture. Cotton fabric is available in various weights, weaves, and patterns, making it suitable for different bag and purse designs.
- Types of Bags and Purses: Cotton bags and purses come in a wide range of styles, shapes, and sizes to cater to different needs. Some common types include tote bags, shoulder bags, crossbody bags, backpacks, clutch purses, and coin purses.
- Eco-Friendly Choice: Cotton bags and purses are considered environmentally friendly alternatives to plastic bags or synthetic fabric accessories. Cotton is a renewable resource, and these products can be reused multiple times, reducing the need for single-use plastic bags.
Cotton Braided Rugs
Cotton Cushions and Pillows
Cotton Knitted Rugs
Cotton Poufs and Ottoman
Cotton Printed Stone washed Rugs
Cotton Rag Rugs
Some of the key players in the global rug market include Mohawk Industries, Inc., Shaw Industries Group, Inc., Oriental Weavers Group, Dixie Group, Inc., and Jaipur Living, Inc, Shri Gokulesh Exports etc. These companies are focusing on product innovation, expanding their product portfolio, and expanding their distribution channels to remain competitive in the market.