ResearchAndMarkets.com has added a report forecasting the global carpet and rug market will grow from USD 45.5 billion in 2025 to USD 63.5 billion by 2035 at a 5.1% CAGR, supported by demand from residential, commercial and hospitality applications, urban development, household formation, renovation activity and wider flooring adoption in fast-urbanizing economies. The release says buyers are favoring aesthetically appealing, durable and functional products, pushing manufacturers toward advanced materials, better fiber technologies, customization and more sustainable production. Offline channels held a 76.3% share in 2025 and are projected to grow at a 3.4% CAGR as customers still want to inspect texture, finish and quality in person, while the tufted segment generated USD 28.4 billion and is seen expanding at a 3.3% CAGR. North America reached USD 13.3 billion in 2025 with a 3.4% CAGR outlook. Companies including Victoria PLC, Mohawk Industries, Interface, Oriental Weavers Group, Shaw Industries Group and Tarkett are investing in sustainable materials, premium products, digital tools and omnichannel distribution.