Market Forecast By By Product Type (Woven, Knotted, Needle Felt, Tufted), By By Material Type (Nylon, Polypropylene, Polyester, Acrylic, Wools & Its Blends), By By End Use (Infrastructure, Residential, Commercial, Industrial, Transportation, Sports & Leisure ) And Competitive Landscape
Product Code: ETC212884 | Publication Date: May 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Egypt Carpet market currently, in 2023, has witnessed an HHI of 4464, Which has increased substantially as compared to the HHI of 2728 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Egypt Carpet Market |
Forecast Period | 2025-2031 |
CAGR | 6.9% |
Growing Sector | Residential |
Egypt Carpet Market report thoroughly covers the market product type, by material type, and by end use. The market outlook 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.
The Egypt carpet market is a robust segment of the country's economy with a storied history of carpet-making those dates back centuries. Known for its rich designs and quality craftsmanship, the market caters to both local demand and a substantial export clientele. Egypt's carpet market is growing due to the surge in urban development and the increase in disposable income among Egyptians have led to greater demand for home decor items, including carpets. With a growing population and a rising middle class, the desire for domestic carpets that reflect personal aesthetics aspect.
According to 6Wresearch, the Egypt Carpet Market size is projected to reach at a CAGR of 6.9% during the forecast period 2025-2031. Several factors drive the market's growth, including the tourism industry, which continue the demand for traditional hand-made carpets as valuable souvenirs. Additionally, the rising middle-class populations with increasing disposable incomes are investing more in home decor, further bolstering the market. Despite the Egypt Carpet Market growth, some challenges do exist that is required to be addressed like competition from low-cost machine-made carpets from other countries, coupled with the decreasing number of artisans skilled in traditional carpet-making techniques, pose threats to the market. Additionally, fluctuations in raw material costs can significantly impact production pricing and margins. However, some ongoing trends are estimated to shape the market growth in the coming years. One of the significant trends is the rising shift towards sustainability with a growing number of consumers showing interest in eco-friendly and ethically produced carpets. Moreover, the adoption of modern technologies in carpet-making processes promises advancements in both the design and production efficiency of Egyptian carpets.
The Egyptian government has introduced several measures aimed at reviving the traditional carpet industry and overcoming its challenges. These include offering subsidies for modern equipment to enhance production efficiency, skills development programs to train new generations of carpet makers, and facilitating participation in international trade fairs to boost export opportunities.
Notable entities include the Oriental Weavers Group, which is one of the world's largest machine-made carpet manufacturers, and El Kahhal Carpets, a renowned name for high-quality handmade carpets.
The future of the Egypt carpet industry is likely to evolve with digital marketing and online sales gaining traction. A renewed focus on sustainability and fair trade practices is expected to appeal to global consumers. Additionally, the rising demand for eco-friendly and ethically produced products, Egyptian carpets have a significant opportunity to carve out a niche in the market. With continued government support and investment in technology and skills development, the Egypt carpet industry is set to flourish for years to come.
According to Dhaval, Research Manager, 6Wresearch, the Tufted carpet category is gaining traction in the market. as they are known for their speedy manufacturing process and versatility in design, are rapidly becoming the preferred choice for both residential and commercial environments.
Based on the end users, the Residential sector is increasing Egypt Carpet Market revenue with increasing residential sector development and the rise in disposable income among Egyptians, leading to greater spending on home furnishings that include high-quality, artisanal carpeting as a centerpiece in many homes.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Carpet Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Carpet Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Carpet Market - Industry Life Cycle |
3.4 Egypt Carpet Market - Porter's Five Forces |
3.5 Egypt Carpet Market Revenues & Volume Share, By By Product Type, 2021 & 2031F |
3.6 Egypt Carpet Market Revenues & Volume Share, By By Material Type, 2021 & 2031F |
3.7 Egypt Carpet Market Revenues & Volume Share, By By End Use, 2021 & 2031F |
4 Egypt Carpet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Carpet Market Trends |
6 Egypt Carpet Market, By Types |
6.1 Egypt Carpet Market, By By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Carpet Market Revenues & Volume, By By Product Type, 2021 - 2031F |
6.1.3 Egypt Carpet Market Revenues & Volume, By Woven, 2021 - 2031F |
6.1.4 Egypt Carpet Market Revenues & Volume, By Knotted, 2021 - 2031F |
6.1.5 Egypt Carpet Market Revenues & Volume, By Needle Felt, 2021 - 2031F |
6.1.6 Egypt Carpet Market Revenues & Volume, By Tufted, 2021 - 2031F |
6.2 Egypt Carpet Market, By By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Egypt Carpet Market Revenues & Volume, By Nylon, 2021 - 2031F |
6.2.3 Egypt Carpet Market Revenues & Volume, By Polypropylene, 2021 - 2031F |
6.2.4 Egypt Carpet Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.2.5 Egypt Carpet Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.2.6 Egypt Carpet Market Revenues & Volume, By Wools & Its Blends, 2021 - 2031F |
6.3 Egypt Carpet Market, By By End Use |
6.3.1 Overview and Analysis |
6.3.2 Egypt Carpet Market Revenues & Volume, By Infrastructure, 2021 - 2031F |
6.3.3 Egypt Carpet Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.4 Egypt Carpet Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.5 Egypt Carpet Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.6 Egypt Carpet Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.3.7 Egypt Carpet Market Revenues & Volume, By Sports & Leisure , 2021 - 2031F |
7 Egypt Carpet Market Import-Export Trade Statistics |
7.1 Egypt Carpet Market Export to Major Countries |
7.2 Egypt Carpet Market Imports from Major Countries |
8 Egypt Carpet Market Key Performance Indicators |
9 Egypt Carpet Market - Opportunity Assessment |
9.1 Egypt Carpet Market Opportunity Assessment, By By Product Type, 2021 & 2031F |
9.2 Egypt Carpet Market Opportunity Assessment, By By Material Type, 2021 & 2031F |
9.3 Egypt Carpet Market Opportunity Assessment, By By End Use, 2021 & 2031F |
10 Egypt Carpet Market - Competitive Landscape |
10.1 Egypt Carpet Market Revenue Share, By Companies, 2024 |
10.2 Egypt Carpet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |