The rug market refers to the industry involved in the production, sale, and distribution of rugs and carpets. This market includes various types of rugs, such as handmade, machine-made, and specialty rugs, catering to different consumer preferences and price points. The demand for rugs is influenced by factors like interior design trends, cultural significance, and home decor needs. In recent years, the rug market has seen growth due to increased online shopping and a focus on sustainable materials. Many consumers are now looking for eco-friendly options, leading to a rise in the popularity of rugs made from natural fibers. Additionally, the market is characterized by a mix of traditional craftsmanship and modern design innovations.