Carpets and rugs market in United States of America, including Puerto Rico and US Virgin Islands

Earlier Report Observations

From 2018 to 2020, the US carpets and rugs market volume declined from 1 018 M m² to 958 M m². The start of the period saw market consolidation through acquisitions like Shaw Industries Group's purchase of Engineered Floors, which expanded manufacturing capabilities. However, by 2020, disruptions in global supply chains and raw material price volatility, exacerbated by geopolitical tensions, reduced production and contracted the overall market volume.

The market rebounded sharply in 2021, reaching 1 147 M m², a 20% increase from 2020. This growth was driven by sustained demand in the residential sector, where home renovation and remodeling activity stimulated carpet purchases. Concurrently, manufacturers began introducing innovations such as carpet tiles with integrated sensors and improved stain-resistant materials, which helped stabilize the market value at around $12.5 billion in 2022 despite a slight decline in physical volume.

In 2023-2024, trends toward personalization and sustainability continued to influence the market, alongside rising home improvement spending, which reached $463 billion in the first quarter of 2024. Strong demand in the commercial sector, including offices and hotels, sustained market momentum, while leading companies like Mohawk Industries and Shaw Industries strengthened their positions through strategic product launches and an emphasis on smart flooring technologies.

Production carpets and rugs in United States of America, including Puerto Rico and US Virgin Islands

In kind, 2017-2020, M m²

Carpet and rug production in the United States, including Puerto Rico and the US Virgin Islands, declined for the third consecutive year. In 2020, production reached 627.6 million square meters, which is 15.0% lower than in 2019. Over the period from 2017 to 2020, production decreased by 25.3%, with an average annual decline of 9.3%.

Annual dynamics of production in United States of America, including Puerto Rico and US Virgin Islands in kind, 2017-2020, M m²

In value, 2017-2020, M $ US

Carpet and rug production in the United States, including Puerto Rico and the US Virgin Islands, declined for the third consecutive year. In 2020, the output was valued at 8 137 million US dollars, marking a measured loss of 6.1% compared to the previous year. Between 2017 and 2020, production decreased by 18.1%, equating to an annualized rate of 6.4%.

Annual dynamics of production in United States of America, including Puerto Rico and US Virgin Islands in value, 2017-2020, M $ US

Exports carpets and rugs from United States of America, including Puerto Rico and US Virgin Islands

Exports in kind, M m²

Carpet and rug exports from the United States, including Puerto Rico and the US Virgin Islands, declined for the third consecutive year. In 2020, exports amounted to 59.4 million square meters, representing a strong decline of 23.3% compared to the previous year. Over the period from 2017 to 2020, exports decreased by 29.7%, with an average annual decline of 11.1%.

Annual dynamics of product's exports from United States of America, including Puerto Rico and US Virgin Islands in kind, 2017-2020, M m²

From 2017 to 2020, Canada and Mexico were the main destinations for exports in kind, jointly accounting for 80.2% of total flows, while the remaining share was distributed among other markets.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from United States of America, including Puerto Rico and US Virgin Islands in kind, 2017-2020

Exports in value, M $ US

Carpet and rug exports from the United States, including Puerto Rico and the US Virgin Islands, declined for the third consecutive year. In 2020, exports were valued at 770 million US dollars, representing a significant decrease of 15.3% compared to 2019. Between 2017 and 2020, exports decreased by 22.9%, equating to an annualized rate of 8.3%.

Annual dynamics of product's exports from United States of America, including Puerto Rico and US Virgin Islands in value, 2017-2020, M $ US

From 2017 to 2020, Canada, Mexico, and Australia continued to be the main buyers of carpets and rugs from the United States, including Puerto Rico and the US Virgin Islands. Canada accounted for 64.0% of exports in value terms, Mexico for 12.1%, and Australia for 2.6%, jointly forming 78.6% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from United States of America, including Puerto Rico and US Virgin Islands in value, 2017-2020

Imports carpets and rugs to United States of America, including Puerto Rico and US Virgin Islands

Imports in kind, M m²

Carpet and rug imports into the United States, including Puerto Rico and the US Virgin Islands, increased for the third consecutive year. In 2020, imports reached 390.2 million square meters, which is 15.2% higher than in the prior year. Over the period from 2017 to 2020, imports increased by 36%, with an average annual growth rate of 10.8%.

Annual dynamics of product's imports to United States of America, including Puerto Rico and US Virgin Islands in kind, 2017-2020, M m²

From 2017 to 2020, Turkey, China, and India continued to be the main suppliers of carpets and rugs to the United States, including Puerto Rico and the US Virgin Islands. Turkey accounted for 27.9% of imports in kind, China for 25.1%, and India for 22.2%, jointly forming 75.3% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to United States of America, including Puerto Rico and US Virgin Islands in kind, 2017-2020

Imports in value, M $ US

In 2020, imported carpet and rug volumes in the United States, including Puerto Rico and the US Virgin Islands, amounted to 3 096 million US dollars, reflecting a modest increase of 1.4% compared to the previous year. Between 2017 and 2020, imports increased by 6.6%, equating to an annualized rate of 2.2%. The maximum value was recorded in 2018 at 3 256 million US dollars. The largest decline occurred in 2019, with a decrease of 6.2%, while the largest increase was in 2018, with a rise of 12.1%.

Annual dynamics of product's imports to United States of America, including Puerto Rico and US Virgin Islands in value, 2017-2020, M $ US

From 2017 to 2020, India, Turkey, and China consistently remained the main sources for imports in value terms. India accounted for 31.0% of imports in value terms, Turkey for 22.5%, and China for 19.3%, together accounting for 72.8% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to United States of America, including Puerto Rico and US Virgin Islands in value, 2017-2020