Global Carpet Tiles Market Insights Forecasts to 2033

• The Global Carpet Tiles Market Size was Valued at USD 12.57 Billion in 2023
• The Market Size is Growing at a CAGR of 6.37% from 2023 to 2033
• The Worldwide Carpet Tiles Market Size is Expected to Reach USD 23.32 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Carpet Tiles Market Size is Anticipated to Exceed USD 23.32 Billion by 2033, Growing at a CAGR of 6.37% from 2023 to 2033.

Market Overview

Carpet tiles, also known as carpet squares or modular carpets, are separate pieces of carpeting material, usually measured in squares, varying sizes from 12 by 12 inches to 24 by 24 inches. These tiles are simple to install and change because they are attached to the floor surface with a tackifier or glue. With a large selection of designs, colors, patterns, and materials to meet different functional needs and aesthetic preferences, the carpet tile business serves both residential and commercial applications. For relatively simple tasks and commercial areas like restaurants and bars, carpet tiles are a popular flooring choice.

The increase in commercial construction projects, such as office buildings, retail stores, hotels, and healthcare facilities, is driving the growth of the carpet tiles market. The demand for carpet tiles is expected to increase, driving market growth as the commercial flooring sector expands globally. The market is anticipated to grow due to the rising adoption of carpet tiles and rising demand for eco-friendly carpets. Furthermore, key market players include Interface Inc., Freudenberg Group, Milliken & Company, Tarkett, Hunan Tianxin Technology Co. Ltd., Beaulieu, Suminoe Textile Co. Ltd., and Nabel Ceramics.

For Instance, in July 2024, the latest collections of Interface Inc.'s luxury vinyl tiles (LVT) and carpet tiles, Earthen FormsTM and Etched & ThreadedTM, officially launched in the Middle East with a multimedia event hosted in Dubai. Interface Inc. is a leading global leader in flooring solutions and sustainability.

Report Coverage

This research report categorizes the market for the global carpet tiles market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global carpet tiles market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global carpet tiles market.

Driving Factors

Numerous colors, patterns, textures, and materials are available for carpet tiles, opening up countless design options. Due to its adaptability, architects, designers, and homeowners can create unique, visually appealing flooring designs that combine with their own interior decor and aesthetic preferences. Additionally, even in intricate designs, carpet tiles are easy to install due to their modular design. In comparison to conventional broadloom carpets, the laying process requires fewer laborers and is quicker. As the carpet tile business enters a revolutionary phase, it is being driven by concerns about sustainability and shifting consumer preferences.

Restraining Factors

The different types of flooring, include luxury vinyl tiles (LVT), vinyl, laminate, and hardwood. The majority of these flooring options have a unique set of benefits and design possibilities that might affect consumer decisions and restrict the growth of the carpet tiles market in the forecast period.

Market Segmentation

The global carpet tiles market share is classified into type, application, and distribution channel.  

• The square segment is expected to hold the largest share of the global carpet tiles market during the forecast period.   

Based on the type, the global carpet tiles market is divided into square, rectangle, and others. Among these, the square segment is expected to hold the largest share of the global carpet tiles market during the forecast period. The square sector is a result of the growing availability of distinctive square carpet tiles in a range of hues and designs. Big square tiles reduce joints and give the appearance of larger spaces on walls or floors, which is an important aspect that greatly influences product uptake generally.   

• The commercial segment is expected to hold the largest share of the global carpet tiles market during the forecast period.     

Based on the application, the global carpet tiles market is divided into residential, commercial, and others. Among these, the commercial segment is expected to hold the largest share of the global carpet tiles market during the forecast period. With the growing demand for long-lasting and easily installed commercial flooring products, the commercial sector in the world generates a significant amount of demand for carpet tiles. For all types of commercial buildings, such as businesses, medical facilities, or educational institutions, carpet tiles provide an extensive selection of flooring options.  

• The offline segment is expected to hold the largest share of the global carpet tiles market during the forecast period.   

Based on the distribution channel, the global carpet tiles market is divided into online and offline. Among these, the offline segment is expected to hold a significant share of the global carpet tiles market during the forecast period. The popularity of offline distribution channels is growing due to consumers typically prefer a hands-on shopping experience when choosing various carpet tiles in various colors and designs for home or commercial end-users. Customers are also more likely to customize carpet tiles, which increases the share of the offline market.    

Regional Segment Analysis of the Global Carpet Tiles Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global carpet tiles market over the predicted timeframe.

North America is anticipated to hold the largest share of the global carpet tiles market over the predicted timeframe. Product adoption is driven by North America's rapidly developing infrastructure and increasing construction activity. The real estate sector in the United States and Canada is undergoing more renovations, which is driving up demand for carpet tiles in North American markets. The growing interest of American consumers in interior décor is one of the main factors driving the carpet tile market growth. Apart from that, the US real estate business has seen a rise in restoration and renovation projects in recent years, which has led to a notable demand for carpet tiles. The region's rapid rate of innovation promotes market growth.

Asia Pacific is expected to grow at the fastest pace in the global carpet tiles market during the forecast period. The population's increasing disposable income and their growing interest in attractive products are the main reasons for the region's improvement. For instance, India's disposable personal income increased from USD 2,888,090.60 million in 2021 to USD 3,304,786.58 million in 2022, according to the Ministry of Statistics and Programme Implementation. As a result, during the projected period, the market growth is driven by the aforementioned statistics.

Europe is anticipated to hold a significant share of the global carpet tiles market over the predicted timeframe. Research & development efforts in the carpet tile industry are growing, which supports the European carpet tile market. Using environmentally friendly materials to differentiate their products is becoming more and more common among European manufacturers. The burgeoning population of environmentally concerned European nations, like Germany and the United Kingdom, will support regional market expansion in this regard in the forecast period.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global carpet tiles market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Interface Inc.
• Freudenberg Group
• Milliken & Company
• Tarkett
• Hunan Tianxin Technology Co. Ltd
• Beaulieu
• Suminoe Textile Co. Ltd
• Nabel Ceramics
• EO Technology Co. Ltd
• Shaw Industries Group
• Japan Carpet Co. Ltd
• Mohawk Industries
• Abbey Carpet & Floor
• Bentley Mills Inc.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2023, the German technology business Freudenberg Group launched a line of environmentally friendly carpet backing materials for the flooring market. High-performance spun-bond nonwoven technical textiles make up the line.

• In February 2023, in collaboration with the Dutch design research group Studio RENS, Tarkett launched DESSO X RENS, a humorous spin on the material reuse of leftover carpet tiles. By increasing the life of current materials and cutting waste, this collection offers a fresh perspective on design.

• In March 2022, The announcement of Milliken & Company's first-ever brand campaign, "Anything. Everywhere," was launched for its textile division. The campaign, which is centered around a new landing page and brand video, examines the various functions that textiles perform in daily life.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global carpet tiles market based on the below-mentioned segments: 

Global Carpet Tiles Market, By Type

• Square
• Rectangle
• Others

Global Carpet Tiles Market, By Application

• Residential
• Commercial
• Others

Global Carpet Tiles Market, By Distribution Channel

• Online
• Offline

Global Carpet Tiles Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa