North America Carpet Tile Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Carpet Tile Market Analysis

The North American carpet tile market is valued at about USD 4.3 billion in the current year and is anticipated to register a CAGR of more than 2.5% during the forecast period.

Due to the COVID-19 pandemic, the North American region was under the pressure of lockdown from mid-February 2020, which restricted the construction of housing and building projects. The lockdown restrictions limited the new purchases of carpet tile flooring owing to uncertainty in the economy and purchasing power parity in North America. However, the market is anticipated to bounce back during the forecast period due to the slowly changing situation and customers' approach toward the pandemic.

Carpet tiles are used as a common alternative to rolled carpets and are used mainly in commercial buildings such as schools, libraries, airports, and corporate offices. In addition, carpet tiles are easier to install than traditional tiles and can be installed on a variety of floors like concrete, timber, and other surfaces. These tiles are wear-resistant, sound-proof, waterproof, anti-static, flame-retardant, anti-fouling, dimensionally stable, non-deformable, non-discoloring, extremely convenient to fit, and have other advantages, which are required for commercial buildings. In addition, carpet tiles act as insulation and help trap heat in cold weather, increasing their demand in cold countries. Innovation in the industry is related to eco-friendly carpet tile manufacturing. Their flexibility in terms of ease of installation, high level of customizability in terms of design and size, optimum pricing, and certain other attributes such as noise insulation and easy maintenance make their demand high. The growth of the market is driven by key factors such as manufacturing activity, market situation and demand, risks of the market, new trends, and new technologies and their implementation.

The North American carpet tile market has witnessed substantial growth over the last few years, and the growth of the market is attributed to several factors. Increasing consumer inclination toward interior aesthetics, coupled with the rising per capita disposable income of consumers, is anticipated to propel the growth of the market during the forecast period. One of the major factors driving the market is the expansion of the transportation and construction industries. Consumers are making a move toward non-geometrical designer patterns and attractive bold colors in carpet tiles, which is likely to drive the North American carpet tile market. Increased demand for environment-friendly carpets and increased adoption of carpet tiles are likely to boost the market further. In recent years, developments have focused on making the products more environment-friendly, versatile, and durable, as well as easier to install and maintain.

North America Carpet Tile Market Trends

The Residential Segment in North America is Driving the Market

North America Carpet Tile Industry Segmentation

Carpet tiles, also known as modular carpets or square carpets, are squares cut from wall-to-wall rolls that can be fitted together to make a carpet. Carpet tiles are justly popular as a flooring option for commercial environments, such as bars and restaurants, and other relatively uncomplicated projects. A complete background analysis of the North American carpet tile market, which includes an assessment of the emerging trends by segments and regional markets, significant changes in market dynamics, and a market overview, is covered in the report.

The market is segmented by product type (square and rectangle), end user (residential and commercial), distribution channel (offline stores and online stores), and geography (United States and Canada). The report offers market size and forecasts by value (USD) for all the above segments.