Industry definition. The Carpet Mills industry manufactures and finishes carpets and rugs for the domestic, commercial and industrial sectors. These products are generally woven or tufted and made from nylon or other synthetic materials.

Hardwood and engineered wood floors, along with LVP (luxury plank vinyl), are still the top choices among most homeowners, but wall-to-wall carpeting is growing in popularity—and it's getting a full rebrand. It's 2023, and carpeting doesn't have to be the neutral, unobtrusive gray or beige typically used in the past.

The Number of Carpet Manufacturers Has Shrunk Fifty years ago, there were around 100 carpet manufacturers. Today there are less than 20. Mohawk and Shaw Industries are the two largest United States manufacturers and control about 70% of the North American market.

Carpeting per square foot can range from $2 to $10, but the average price is around $5. Laminate flooring costs anywhere from $3 to $12 per square foot, but the average price is around $7. This flooring option comes in multiple colors, styles, and textures to match any home décor.