Australia Carpet Market (2024-2030) | Outlook, Analysis, Trends, Share, Growth, Forecast, Industry, Revenue, Size, Companies & Value

Australia Carpet Market Highlights

Report Name	Australia Carpet Market
Forecast period	2024-2030
CAGR	6.2%
Growing Sector	Residential

Topics Covered in the Australia Carpet Market Report

Australia Carpet Market report thoroughly covers the market by, product type, material type and end-user. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Australia Carpet Market Synopsis

Australia Carpet Market has accomplished major success and is projected to attain more in the coming years on the back of rising demand for interior decoration and home renovation projects, increasing disposable income among consumers, and advancements in carpet manufacturing technology. The market is experiencing a dynamic shift, reflecting changes in consumer preferences, technological advancements in manufacturing, and an increased focus on sustainability. Australians are increasingly opting for eco-friendly and sustainable carpeting options, driven by a growing awareness of environmental issues and a desire for healthier living spaces. The industry is also seeing innovation in design and materials, with a trend towards more durable, aesthetically pleasing, and easy-to-maintain carpet types.

According to 6Wresearch, the Australia Carpet Market size is expected to grow at a significant CAGR of 6.2% during the forecast period 2024-2030. One of the major drivers for this growth is the growing trend of sustainable and eco-friendly flooring. As people are becoming more aware of the environmental impact of materials made from non-biodegradable sources, they are demanding carpets that are eco-friendly. This has raised the demand for carpets made from natural fibers such as wool, and cotton. The growing trend of home décor style and the increasing disposable income of consumers have contributed to the growth of the market.

Moreover, technological advancements have made it possible to make carpets of intricate designs and patterns, catering to the tastes of the consumers. In addition to this, carpets are also used for commercial purposes. With the increase in tourism, the demand for carpets has risen. Despite being growth and demand in the market there are some challenges faced by the Australia Carpet market. One of the challenges is the competition from alternative flooring such as hardwood and vinyl. These offer more durable, cost-effective, and easy-to-maintain flooring than carpet. The rise of sustainable flooring among consumers is a major concern as carpet is put under examination for its use of non-biodegradable sources in its production. The cost of producing carpets is high due to intensive labor work, high price of raw materials, and complex production processes. Customer preference are constantly changing due to changing lifestyles is another threat to the market and these factors have negatively impacted the Australia Carpet Market Share.

Australia Carpet Industry: Leading Players

Some of the key players in the Australia Carpet Market include names Godfrey Heist, Feltex Carpets, Cavalier Bremworth, Victoria Carpets, Quest Carpets, and Tuftmaster Carpets who have given tremendous rise to Australia Carpet Market Growth. These leading players in the Australian market are not only producing carpets but also focusing on sustainability and eco-friendliness. Additionally, these companies also invest heavily in research and development to continuously improve their products and cater to changing consumer needs. With their strong branding, quality products and commitment to sustainability, these leading players have established themselves as market leaders in the Australia carpet industry.

Australia Carpet Market: Government Regulations

The government has taken several measures to boost the Australia Carpet industry. One such initiative is the National Carpets Stewardship Scheme (NCSS), which aims to increase the recycling and recovery of carpets, reducing the landfills of carpet waste in the country. the government also introduced a voluntary Environmental Management System (EMS) for carpet manufacturers and suppliers. This system provides guidelines for reducing the environmental impact of carpet production, from raw material sourcing to end-of-life management. The Australian government has introduced the use of non-volatile compounds in the carpet materials. 

Future Insights of the Market

The Carpet Market in Australia is witnessing significant growth in the future due to several factors such as evolving home décor ideas, a rise in demand for sustainable flooring, and development in technology. With the increased popularity of online shopping platforms and a growing number of commercial applications, the future of the market seems to be good. With the continuous innovation and efforts of the key players, the market is expected to grow in the coming years.

Market Segmentation by Material Type

According to Ravi Bhandari, Research Manager, 6Wresearch, the wood and its blends segment dominated this industry. The segment will grow in the coming years due to their durability, softness, and natural resistance to staining. They also have excellent insulating properties, making them a great choice for colder climates.

Market Segmentation by End Use

On the basis of end use, the residential segment dominated this industry. The segment will grow in the coming years due to a rise in urbanization and an increase in disposable income among individuals.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Australia Carpet Market Outlook
• Market Size of Australia Carpet Market, 2023
• Forecast of Australia Carpet Market, 2030
• Historical Data and Forecast of Australia Carpet Revenues & Volume for the Period 2020 - 2030
• Australia Carpet Market Trend Evolution
• Australia Carpet Market Drivers and Challenges
• Australia Carpet Price Trends
• Australia Carpet Porter's Five Forces
• Australia Carpet Industry Life Cycle
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By By Product Type for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Woven for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Knotted for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Needle Felt for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Tufted for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By By Material Type for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Nylon for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Polypropylene for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Polyester for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Acrylic for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Wools & Its Blends for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By By End Use for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Infrastructure for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Residential for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Commercial for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Industrial for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Transportation for the Period 2020 - 2030
• Historical Data and Forecast of Australia Carpet Market Revenues & Volume By Sports & Leisure for the Period 2020 - 2030
• Australia Carpet Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Material Type
• Market Opportunity Assessment By End Use
• Australia Carpet Top Companies Market Share
• Australia Carpet Competitive Benchmarking By Technical and Operational Parameters
• Australia Carpet Company Profiles
• Australia Carpet Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Type

• Woven
• Knotted
• Needle Felt
• Tufted

By Material Type

• Nylon
• Polypropylene
• Polyester
• Acrylic
• Wools & Its Blends

By End Use

• Infrastructure
• Residential
• Commercial
• Industrial
• Transportation
• Sports & Leisure

Australia Carpet Market (2024-2030): FAQs