India Carpets and Rugs Market Trends

Statistics for the 2023 & 2024 India Carpets and Rugs market trends, created by Mordor Intelligence™ Industry Reports. India Carpets and Rugs trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of India Carpets and Rugs Industry

This section covers the major market trends shaping the India Carpets & Rugs Market according to our research experts:

India is a Global Leader in Hand-made Carpets

India is currently a leader in the production of handmade carpets in terms of both volume and value. Its heritage in the handmade carpets is recognized in the world with its recognizable share in the global exports. As a matter of fact, 90% of the carpets produced in India are exported. During April-November 2019, exports of handmade carpets from India stood at INR 64,407.19 crore (USD 916.15 million).

India exports carpets to more than 70 countries worldwide. Major importers for the Indian woven carpets are the United States, Germany, Canada, the United Kingdom, Australia, South Africa, France, Italy, Brazil, etc. With the advent of globalization, new opportunities are opening for the Indian carpet market in developing countries.

Total Exports of Hand Made Carpets from India, in USD Billions,(2015-2018)

Woven Carpets Dominated the Market, Tufted Carpets Demand Expected to Rise

Carpet weaving is an ancient Indian tradition tracing back its origin from 16th-century Persian carpets and rugs. The carpets manufactured are usually hand-knotted, and they have various motifs in their designs. The Indian carpet industry is a rural-based, labor-intensive handicraft industry. The buyers and weavers highly prefer Indian silk carpets because of their originality, color, quality, design, and durability.

However, tufted carpet d demand is expected to rise in the market because of the use of synthetic materials, which makes it cheaper, and the making of carpets is also less labor-intensive. Consumers' preference is dynamically changing in the market, and they prefer carpets that are washable and affordable.

Total Exports of Hand Made Carpets from India, in UsD Billions,.(2015-2018)

Carpet Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)