The global carpet and rugs industry is experiencing unprecedented growth. According to Fortune Business Insights, the market was valued at USD 64.19 billion in 2025 and is expected to reach USD 70.26 billion in 2026, with projections climbing to USD 170.87 billion by 2034. This represents a compound annual growth rate (CAGR) of 11.75%—one of the strongest growth trajectories in the home textiles sector.
For Southeast Asian manufacturers and exporters, this growth presents a significant opportunity. On Alibaba.com, the runner rugs category demonstrates robust buyer engagement with 2,116 annual buyers and a 31.25% year-over-year growth rate. The supply-demand ratio stands at 1.35, indicating a balanced market where quality suppliers can thrive when selling on Alibaba.com.
The market segmentation reveals important insights for suppliers. Tufted carpets dominate with 32.12% market share due to their cost efficiency and production speed. Synthetic fibers account for 41.88% of material preferences, while the residential segment represents 54.88% of applications. Understanding these dynamics is essential when deciding between OEM and ODM supply types.

