Worn thin: Growth is likely to stagnate over the next five years due to low consumer confidence

The Carpet and Rug Manufacturing industry manufactures various types of carpets, rugs, mats, underlay and other carpet-related products. The industry has performed relatively well over the past five years. Revenue is expected to increase at a compound annual rate of 1.8% over the five years through 2018-19 to reach £973.4 million. Increasing residential and commercial building construction activity supported demand for carpets and rugs. Growth in the residential and commercial building markets was largely due to the implementation of government initiatives such as the Help to Buy scheme.In the current year, revenue is expected to dip by 3.4% as a result ofthe economic and political uncertainty stemming from the UK’s decision toleave the European Union...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • The depreciation of the pound is expected to provide an opportunity for industry exports
  • Construction activity was adversely affected by the referendum, limiting demand for the industry
  • Commercial and residential building activity is forecast to rise, boosting demand for carpets
  • Industry Report - Industry Key Buyers Chapter

    The Carpet and Rug Manufacturing industry has a medium level of industry concentration. The four largest firms are estimated to have a combined market share of 43.6% of industry revenue in 2018-19. The industry consists of a handful of large firms operating alongside an abundance of small firms.In 2018, 65.2% of enterprises operating in the industry employed fewer than 20 employees. Furthermore, only 13.1% of operators employed more than 100 staff. Over the past five years the industry has moved from a low level of market share concentration into a medium level of market share concentration. This can be attributed to consolidation activity and reductions in manufacturing activities. The...purchase to read more.

    Additional Insights for the Carpet & Rug Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Carpet & Rug Manufacturing Industry are

  • Economies of scale
  • Establishment of brand names
  • Proximity to key suppliers
  • IBISWorld analysts also discuss how external factors such as Demand from residential building construction and Demand from commercial building construction in the Carpet & Rug Manufacturing industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Carpet & Rug Manufacturing Industry?

    The industry consists of firms engaged in the production of carpets, rugs and mats primarily by weaving or tufting wool, cotton and man-made fibres. It also includes the manufacture of knotted and needlefelt carpets. Firms that manufacture underlay and other carpet products are included in this industry. Carpet installation and laying services are not part of the industry, nor are firms that produce floor coverings of cork, vinyl and linoleum.

    Industry Products
  • Tufted carpets and other floor coverings
  • Woven carpets and other floor coverings
  • Needlefelt carpets and other floor coverings
  • Other carpets
  • Industry Activities
  • Manufacturing tufted carpets, mats and rugs
  • Manufacturing woven carpets, mats and rugs
  • Manufacturing needlefelt and knotted carpets and other floor coverings
  • Manufacturing carpet underlay and other carpet products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from residential building construction
  • Demand from commercial building construction
  • Consumer confidence index
  • Exchange rate - euros per pound
  • Number of residential property transactions
  • Domestic price of wool

  • Current Performance
  • Welcome mat
  • Threadbare demand
  • International trade
  • Cheap sheep
  • Chart: Revenue Growth

  • Industry Outlook
  • Building blocks
  • Exporting woes
  • Table: Carpet & Rug Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Carpet & Rug Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Motor Vehicle Manufacturing
  • Aircraft, Engine & Parts Manufacturing
  • Commercial Building Construction
  • Residential Building Construction
  • Furniture, Carpet & Lighting Wholesaling
  • Consumers

  • Key Selling Industries
  • Dye & Pigment Manufacturing
  • Textile Weaving & Finishing
  • Textile Wholesaling

  • Products & Services
  • Tufted carpets and other floor coverings
  • Woven carpets and other floor coverings
  • Other carpets
  • Needlefelt carpets and other floor coverings
  • Chart: Carpet & Rug Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential housing market
  • Commercial building market
  • Transport equipment manufacturing market
  • Other
  • Chart: Major Market Segmentation for the Carpet & Rug Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Carpet & Rug Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Carpet & Rug Manufacturing Industry

  • Industry Globalization
    Victoria plc, Greenwood & Coope Ltd, Ulster Carpet Mills (Holdings) Limited, Brintons Carpets Limited,
  • Table: Victoria plc - financial performance
  • Table: Greenwood & Coope Ltd - financial performance
  • Table: Ulster Carpet Mills (Holdings) Limited - financial performance
  • Table: Brintons Carpets Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Carpet & Rug Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Carpet & Rug Manufacturing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Axminster Technique
  • This process involves cut tufts of yarn being inserted at the point of weaving by means of a gripper.
  • Broadloom Carpet
  • Broadloom carpet is woven on a wide loom to obviate the need for seams.
  • Needlefelt Carpet
  • Needlefelt carpet is made using barbed needles that bond individual synthetic fibres by entangling them.
  • Pile Yarn
  • Pile yarn is a long continuous length of interlocked fibres where, the surface of the fibre is composed of an infinite number of loops.
  • Tufted Carpet
  • Tufted carpet is manufactured by hundreds of needles passing the carpet yarn through a primary backing. This is the most common type of carpet.
  • Wilton Technique
  • In this process pile threads run continuously into the carpet and are raised above the surface of the integral backing by means of wires or hooks.
  • Woven Carpet
  • Woven carpet is produced on looms that combine warp (length-wise) and weft (width-wise) threads. Axminster and Wilton are both types of woven carpet.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Carpet & Rug Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Carpet & Rug Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Carpet & Rug Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Carpet & Rug Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Would you like to speak to an IBISWorld representative?