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Commercial Carpet Market 2024-2028

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    Report

  • 139 Pages
  • July 2024
  • Region: Global
  • TechNavio
  • ID: 5606352
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The commercial carpet market is forecasted to grow by USD 191.1 million during 2023-2028, accelerating at a CAGR of 3.27% during the forecast period. The report on the commercial carpet market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing non-residential buildings construction projects, rising demand for carpet tiles, and low cost of commercial carpets.

The commercial carpet market is segmented as below:

By Product

  • Carpet tiles
  • Broadlooms

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the emerging luminous carpets as one of the prime reasons driving the commercial carpet market growth during the next few years. Also, adoption of vr technology to promote sales and increasing demand for sustainable carpets will lead to sizable demand in the market.

The report on the commercial carpet market covers the following areas:

  • Commercial carpet market sizing
  • Commercial carpet market forecast
  • Commercial carpet market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial carpet market vendors that include Balta Group NV, Beaulieu International Group, Berkshire Hathaway Inc., Burmatex Ltd., Ege Carpets AS, Engineered Floors LLC, Forbo Management SA, Gordon Brothers Commercial and Industrial LLC, Heckmondwike FB Ltd., Interface Inc., Koch Industries Inc., Mannington Mills Inc., Milliken and Co., Mohawk Industries Inc., Newhey Carpets Ltd., Remland Carpets Online Ltd., Tarkett, Thomas Witter Carpets Ltd., Toli Floor Corp., and Victoria Plc. Also, the commercial carpet market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Commercial Carpet Market 2018 - 2022
Historic Market Size - Data Table on Global Commercial Carpet Market 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
6.3 Carpet tiles - Market size and forecast 2023-2028
Chart on Carpet tiles - Market size and forecast 2023-2028 ($ million)
Data Table on Carpet tiles - Market size and forecast 2023-2028 ($ million)
Chart on Carpet tiles - Year-over-year growth 2023-2028 (%)
Data Table on Carpet tiles - Year-over-year growth 2023-2028 (%)
6.4 Broadlooms - Market size and forecast 2023-2028
Chart on Broadlooms - Market size and forecast 2023-2028 ($ million)
Data Table on Broadlooms - Market size and forecast 2023-2028 ($ million)
Chart on Broadlooms - Year-over-year growth 2023-2028 (%)
Data Table on Broadlooms - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.11 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.12 United Arab Emirates - Market size and forecast 2023-2028
Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Berkshire Hathaway Inc.
Berkshire Hathaway Inc. - Overview
Berkshire Hathaway Inc. - Business segments
Berkshire Hathaway Inc. - Key news
Berkshire Hathaway Inc. - Key offerings
Berkshire Hathaway Inc. - Segment focus
11.4 Engineered Floors LLC
Engineered Floors LLC - Overview
Engineered Floors LLC - Product / Service
Engineered Floors LLC - Key offerings
11.5 Forbo Management SA
Forbo Management SA - Overview
Forbo Management SA - Business segments
Forbo Management SA - Key news
Forbo Management SA - Key offerings
Forbo Management SA - Segment focus
11.6 Interface Inc.
Interface Inc. - Overview
Interface Inc. - Product / Service
Interface Inc. - Key news
Interface Inc. - Key offerings
11.7 Mannington Mills Inc.
Mannington Mills Inc. - Overview
Mannington Mills Inc. - Product / Service
Mannington Mills Inc. - Key offerings
11.8 Milliken and Co.
Milliken and Co. - Overview
Milliken and Co. - Product / Service
Milliken and Co. - Key offerings
11.9 Mohawk Industries Inc.
Mohawk Industries Inc. - Overview
Mohawk Industries Inc. - Business segments
Mohawk Industries Inc. - Key offerings
Mohawk Industries Inc. - Segment focus
11.10 Tarkett
Tarkett - Overview
Tarkett - Business segments
Tarkett - Key news
Tarkett - Key offerings
Tarkett - Segment focus
11.11 Toli Floor Corp.
Toli Floor Corp. - Overview
Toli Floor Corp. - Product / Service
Toli Floor Corp. - Key offerings
11.12 Victoria Plc
Victoria Plc - Overview
Victoria Plc - Business segments
Victoria Plc - Key offerings
Victoria Plc - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global Commercial Carpet Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Product - Market share 2023-2028 (%)
Exhibits 31: Data Table on Product - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Product
Exhibits 33: Data Table on Comparison by Product
Exhibits 34: Chart on Carpet tiles - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Carpet tiles - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Carpet tiles - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Carpet tiles - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Broadlooms - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Broadlooms - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Broadlooms - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Broadlooms - Year-over-year growth 2023-2028 (%)
Exhibits 42: Market opportunity by Product ($ million)
Exhibits 43: Data Table on Market opportunity by Product ($ million)
Exhibits 44: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 45: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 46: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 47: Chart on Geographic comparison
Exhibits 48: Data Table on Geographic comparison
Exhibits 49: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibits 89: Market opportunity By Geographical Landscape ($ million)
Exhibits 90: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 91: Impact of drivers and challenges in 2023 and 2028
Exhibits 92: Overview on criticality of inputs and factors of differentiation
Exhibits 93: Overview on factors of disruption
Exhibits 94: Impact of key risks on business
Exhibits 95: Companies covered
Exhibits 96: Matrix on companies position and classification
Exhibits 97: Berkshire Hathaway Inc. - Overview
Exhibits 98: Berkshire Hathaway Inc. - Business segments
Exhibits 99: Berkshire Hathaway Inc. - Key news
Exhibits 100: Berkshire Hathaway Inc. - Key offerings
Exhibits 101: Berkshire Hathaway Inc. - Segment focus
Exhibits 102: Engineered Floors LLC - Overview
Exhibits 103: Engineered Floors LLC - Product / Service
Exhibits 104: Engineered Floors LLC - Key offerings
Exhibits 105: Forbo Management SA - Overview
Exhibits 106: Forbo Management SA - Business segments
Exhibits 107: Forbo Management SA - Key news
Exhibits 108: Forbo Management SA - Key offerings
Exhibits 109: Forbo Management SA - Segment focus
Exhibits 110: Interface Inc. - Overview
Exhibits 111: Interface Inc. - Product / Service
Exhibits 112: Interface Inc. - Key news
Exhibits 113: Interface Inc. - Key offerings
Exhibits 114: Mannington Mills Inc. - Overview
Exhibits 115: Mannington Mills Inc. - Product / Service
Exhibits 116: Mannington Mills Inc. - Key offerings
Exhibits 117: Milliken and Co. - Overview
Exhibits 118: Milliken and Co. - Product / Service
Exhibits 119: Milliken and Co. - Key offerings
Exhibits 120: Mohawk Industries Inc. - Overview
Exhibits 121: Mohawk Industries Inc. - Business segments
Exhibits 122: Mohawk Industries Inc. - Key offerings
Exhibits 123: Mohawk Industries Inc. - Segment focus
Exhibits 124: Tarkett - Overview
Exhibits 125: Tarkett - Business segments
Exhibits 126: Tarkett - Key news
Exhibits 127: Tarkett - Key offerings
Exhibits 128: Tarkett - Segment focus
Exhibits 129: Toli Floor Corp. - Overview
Exhibits 130: Toli Floor Corp. - Product / Service
Exhibits 131: Toli Floor Corp. - Key offerings
Exhibits 132: Victoria Plc - Overview
Exhibits 133: Victoria Plc - Business segments
Exhibits 134: Victoria Plc - Key offerings
Exhibits 135: Victoria Plc - Segment focus
Exhibits 136: Inclusions checklist
Exhibits 137: Exclusions checklist
Exhibits 138: Currency conversion rates for US$
Exhibits 139: Research methodology
Exhibits 140: Information sources
Exhibits 141: Data validation
Exhibits 142: Validation techniques employed for market sizing
Exhibits 143: Data synthesis
Exhibits 144: 360 degree market analysis
Exhibits 145: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global commercial carpet market: Balta Group NV, Beaulieu International Group, Berkshire Hathaway Inc., Burmatex Ltd., Ege Carpets AS, Engineered Floors LLC, Forbo Management SA, Gordon Brothers Commercial and Industrial LLC, Heckmondwike FB Ltd., Interface Inc., Koch Industries Inc., Mannington Mills Inc., Milliken and Co., Mohawk Industries Inc., Newhey Carpets Ltd., Remland Carpets Online Ltd., Tarkett, Thomas Witter Carpets Ltd., Toli Floor Corp., and Victoria Plc.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emerging luminous carpets."

According to the report, one of the major drivers for this market is the growing non-residential buildings construction projects.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Balta Group NV
  • Beaulieu International Group
  • Berkshire Hathaway Inc.
  • Burmatex Ltd.
  • Ege Carpets AS
  • Engineered Floors LLC
  • Forbo Management SA
  • Gordon Brothers Commercial and Industrial LLC
  • Heckmondwike FB Ltd.
  • Interface Inc.
  • Koch Industries Inc.
  • Mannington Mills Inc.
  • Milliken and Co.
  • Mohawk Industries Inc.
  • Newhey Carpets Ltd.
  • Remland Carpets Online Ltd.
  • Tarkett
  • Thomas Witter Carpets Ltd.
  • Toli Floor Corp.
  • Victoria Plc