Turkey Carpet and Rugs Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 495.10 Million |
| Market Size (2029) | USD 575.54 Million |
| CAGR (2024 - 2029) | 3.06 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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Turkey Carpet and Rugs Market Analysis
The Turkey Carpet and Rugs Market size is estimated at USD 495.10 million in 2024, and is expected to reach USD 575.54 million by 2029, growing at a CAGR of 3.06% during the forecast period (2024-2029).
Turkish carpet products include distinct dyes, colors, designs, textures, and techniques. They are typically decorated with gold, lines, bright colors, Islamic decorations, and occasionally Ottoman letters. Turkey is one of the world's largest carpet manufacturers, producing approximately 40% of the global carpets and exporting them to various countries worldwide. It owns many leading factories that provide the finest types of Turkish imports.
The COVID-19 pandemic expanded at an alarming rate, infecting millions and bringing economic activity to a halt as governments enforced harsh mobility restrictions to stem the virus's spread. Turkey was among the nations with the greatest potential for gain during the pandemic outbreak. Although its supply chain was damaged by the drop in raw material production in China due to COVID-19, it advertised itself as an alternative production hub for the Chinese market.
Turkey is a major exporter of machine-made carpets across the world. Turkey's machine-made carpet business considerably grew in recent years. The Turkish Exporters' Association estimates that the value of Turkish carpet exports in 2020 was approximately USD 2.6 billion. The provinces of Gaziantep, Istanbul, Usak, Bursa, and Kayseri are Turkey's most prominent carpet-producing regions.
One recent trend in the Turkish carpet and rug market is the increasing demand for sustainable carpets and rugs. Today's larger populations are speaking out in favor of environmental sustainability, reducing carbon emissions, and raising awareness of climate change. These are the primary forces in reshaping Turkey's carpet and rug market. Leading industry participants increasingly rely on environmentally responsible and sustainable carpets to reduce their negative environmental effects.
Turkey Carpet and Rugs Market Trends
Increasing Demand for Turkish Carpets Worldwide is Driving the Market
Turkey accounts for over 65% of the world's machine-made carpet production. Over 60% is produced in the southern province of Gaziantep, Turkey. The country is aiming to surpass China as the leading exporter by increasing exports and sales of handmade, machine-made, and tufting machine-made variant carpets. The total export value of Turkish carpets was USD 3.2 billion in the current year.
According to Turkish data, attempts by Turkey and Saudi Arabia to heal fences over political differences helped enhance commerce in 2022. Carpet sellers appear as the early winners. According to the most recent comprehensive Turkish government trade data, woven carpets and other textile floor coverings they surpassed other goods as Turkey's top export to the Gulf state, rising from USD 259,000 in 2021 to USD 63.1 million through October 2022.
Increasing Demand for Eco-friendly Carpets
Customers want carpets and rugs in vibrant, enticing colors and non-geometric designer designs. They also want non-toxic building materials for carpets. Some of the most common carpet categories include area rugs, carpet tiles, frieze (which contains a rough, velvety surface created by tightly packed, twisted loops), handmade rugs, recycled, green, and sustainable carpeting, wall-to-wall carpeting, and waterproof carpeting. Eco-friendly mats and rugs are becoming more popular. Sustainable carpets and rugs are popular in business spaces, hospitality, healthcare, and hospitals. It is due to quicker installation and a significant degree of customization in terms of material and size.
Using bitumen and PVC in carpeting and carpet backing by manufacturers worldwide enables them to reduce costs. In addition to using chemical additives in fiber materials to give flame retardant, anti-microbial, and insect repellent characteristics, among other things, plant fibers like sea grass and sisal are introduced for their eco-friendly appeal. Top makers are working to create sustainable, eco-friendly carpets that limit negative environmental effects to explore the potential in the sectors. In the coming years, green rugs are anticipated to grow in popularity.
Turkey Carpet and Rugs Industry Overview
The report covers prominent players operating in Turkey's Carpet and rug market, their product portfolio, key financials, and developments. The carpet and rug market is transforming with many technological advancements through product innovation and process automation. The key market players are focusing on improving their production capacity, which will help them to increase exports.
Turkey Carpet and Rugs Market Leaders
MERINOS HALI SAN. VE TIC.A.S.
Dinarsu T.A.S.
Milat Carpet
Kaplan Kardeşler Carpet
Grand Carpet
*Disclaimer: Major Players sorted in no particular order
Turkey Carpet and Rugs Market News
- January 2023: Milat introduced a new collection of carpets and rugs, Maxell Collections, produced using polyester and viscose yarn.
- April 2022: Dinarsu, which manufactures 1,000 tonnes of yarn per month in erkezkoy OSB, expanded the facilities to enhance capacity. After commissioning a new investment, the company began producing polyester yarn in the first quarter of 2022.
Turkey Carpet and Rugs Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porter's Five Force Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights into Latest Technologies Used in the Industry
4.7 Insights on Consumer Purchasing Behaviour in the Market
4.8 Insight on Recent Developments in the Market
4.9 Impact of COVID-19 on the Market
4.10 Impact of Recent Earthquake on Key Manufacturing Hubs in Turkey
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Tufted
5.1.2 Woven
5.1.3 Needle-Punched
5.1.4 Knotted
5.1.5 Others
5.2 By Application
5.2.1 Residential
5.2.2 Commercial
5.3 By Distribution Channel
5.3.1 Offline (Contractors and Retail)
5.3.2 Online
5.3.3 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 MERINOS HALI SAN. VE TIC.A.S.
6.2.2 Dinarsu T.A.S.
6.2.3 Milat Carpet
6.2.4 Kaplan Kardeşler Carpet
6.2.5 Grand Carpet
6.2.6 Empara Hali
6.2.7 Festival Carpet
6.2.8 Kartal Hali Tekstil San. Tic A.S.
6.2.9 Angora carpets Corp
6.2.10 ipek Mekik Hali
6.2.11 Aydin Carpets
6.2.12 Saray Hali
6.2.13 Padisah Hali
6.2.14 Melikhan Carpets*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Turkey Carpet and Rugs Industry Segmentation
Carpets and rugs are floor coverings used to improve the aesthetics of the house/office spaces and provide comfort and warmth. They are typically made from woven wool, cotton, silk, and jute fabric. The rug is used to cover a specific area of the floor, while the carpet is used for covering wall-to-wall or fixed-to-the-floor. The Turkey Carpet and Rugs Market is segmented by type (tufted, woven, needle-punched, knotted, and others), application (residential and commercial), and distribution channel (offline (contractors, and retail), online, and other distribution channels). The report offers market sizes and forecasts for Turkey's carpets and rugs market are provided in terms of revenue (USD) for all the above segments.
Turkey Carpet and Rugs Market Research FAQs
How big is the Turkey Carpet and Rugs Market?
The Turkey Carpet and Rugs Market size is expected to reach USD 495.10 million in 2024 and grow at a CAGR of 3.06% to reach USD 575.54 million by 2029.
What is the current Turkey Carpet and Rugs Market size?
In 2024, the Turkey Carpet and Rugs Market size is expected to reach USD 495.10 million.
Who are the key players in Turkey Carpet and Rugs Market?
MERINOS HALI SAN. VE TIC.A.S., Dinarsu T.A.S., Milat Carpet, Kaplan Kardeşler Carpet and Grand Carpet are the major companies operating in the Turkey Carpet and Rugs Market.
What years does this Turkey Carpet and Rugs Market cover, and what was the market size in 2023?
In 2023, the Turkey Carpet and Rugs Market size was estimated at USD 480.40 million. The report covers the Turkey Carpet and Rugs Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Turkey Carpet and Rugs Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Turkey Carpets and Rugs Industry Report
Statistics for the 2024 Turkey Carpets and Rugs market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Turkey Carpets and Rugs analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
