Tai Ping

What Tai Ping does

Tai Ping Carpets International Limited is a Hong Kong-headquartered, privately held manufacturer of luxury handcrafted carpets and rugs, founded in 1956 by the Kadoorie family and employing 501-1,000 people. It serves five primary verticals — residential, boutique retail, hospitality, aviation, and yacht — through a vertically integrated operation anchored by its Xiamen workshop (designed by Sandrolini Architecture) and STEP-certified hand-knotted production in Nepal established in 2010. Its customer roster spans royal and presidential residences (Buckingham Palace, Windsor Castle, The White House, Élysée Palace), leading luxury hotel flags (Mandarin Oriental, Peninsula, Hôtel de Crillon, Park Hyatt Paris-Vendôme), aviation OEMs (Airbus ACJ, Gulfstream, Bombardier, Dassault), luxury retail boutiques (Van Cleef & Arpels, Balenciaga, Moncler, Lane Crawford), and named superyacht programs.

Its core product is the bespoke carpet, produced via proprietary hand-tufting guns, computer-controlled recipe formulation for color matching (560 standard pom colors and over 2,000 unique colors produced annually), and laser-plotted templates, with 80+ material options spanning wool, silk, cashmere, flax, and cotton. The company holds ISO 9001/14001/45001, EcoVadis, Label STEP Fair Trade, Green Label Plus, and LEED-compliance certifications, and operates a zero-pollutant-discharge facility with 75.2% yarn utilization. A 2,043-design searchable library, augmented by in-stock collections and the Presto quick-ship program, supports the trade professional design workflow.

Commercially, Tai Ping monetizes through one-time sales of custom bespoke projects (quote-based pricing tied to design complexity, materials, size, and construction) and in-stock rugs, distributed via 13+ company-owned showrooms in major design capitals (New York, Los Angeles, San Francisco, Chicago, Dallas, Miami, London, Paris, Milan, Hamburg, Hong Kong, Shanghai, Taipei), branded e-commerce storefronts in Hong Kong/UK/France/US, authorized retail partners, and dedicated aviation and yacht sales teams. Ancillary revenue is generated through trade professional account services. The group operates three brand lines: Tai Ping Carpets (core), Edward Fields (US subsidiary), and Cogolin (French manufacturer), with Studio by Tai Ping positioned as a contemporary sub-brand.

Name

Tai Ping

Legal name

Tai Ping Carpets International Limited

Website

https://taipingcarpets.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Tai Ping is a Hong Kong-headquartered, family-owned luxury carpet manufacturer founded in 1956 that designs and produces bespoke handcrafted carpets for residential, hospitality, boutique retail, aviation, and yacht clients worldwide via owned showrooms, e-commerce, and dedicated sector sales teams.

Ownership category

akta.pro rank

Product category

Luxury Handcrafted Carpets and Rugs

NAICS

Carpet and Rug Mills (314110)

SIC

Carpets & Rugs (2273), Retail-Home Furniture, Furnishings & Equipment Stores (5700)

akta.pro industry

PRIMARYIMAOAJAC

Area Rug Manufacturing

Industrials, Manufacturing & Construction/Textiles, Apparel & Leather Manufacturing/Carpet, Rug & Floor Covering Manufacturing

SECONDARYIMAOAJAF

Woven Floor Coverings Manufacturing (Axminster/Wilton/Flatweave)

Industrials, Manufacturing & Construction/Textiles, Apparel & Leather Manufacturing/Carpet, Rug & Floor Covering Manufacturing

Keywords

• Luxury carpets
• Handcrafted rugs
• Bespoke flooring
• Custom carpets
• Premium rugs

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices16 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Custom/Bespoke Carpets: Tailored handcrafted carpets created through collaborative design process with architects and interior design professionals, featuring custom patterns, colors, fibers, and constructions. Projects span residential, commercial, yacht, and aviation sectors with extended production timelines.
2. In-Stock Rugs: Pre-made rugs available for immediate delivery from showrooms and through e-commerce platforms serving Hong Kong, UK, France, and US markets, including quick-ship options for accelerated delivery.
3. Trade Professional Services: Professional account holders gain access to expanded content, design tools, and consultation services for custom project collaboration.

Go-to-market motion4 records

Distribution channels8 records

Marketing channels6 records

Core offering

Tai Ping manufactures and sells handcrafted luxury carpets and rugs through artisanal techniques including hand-tufting and hand-knotting. The company provides bespoke custom design services collaborating with architects and interior designers, complemented by in-stock and quick-ship rug collections. Products serve five primary sectors: Residential, Boutique Store, Yacht, Aviation, and Hospitality, with a vertically integrated supply chain spanning design, manufacturing, and installation.

Product overview

Tai Ping is a luxury handcrafted carpet and rug company founded in Hong Kong in 1956, operating as a single unified product offering with multiple sub-brands and collections. The core product is bespoke handcrafted carpets created through hand-tufting and hand-knotting techniques, supplemented by in-stock rug collections. The company offers three distinct brand lines: Tai Ping Carpets (the main brand), Edward Fields (American subsidiary specializing in nautical designs), and Studio by Tai Ping (contemporary collection line). Products are organized by sector application (Residential, Boutique Store, Yacht, Aviation, Hospitality) and thematic collections such as Sierra, Overlay, Biophilic, and annual Yacht collections. The company provides bespoke custom design services through an in-house design team, alongside in-stock and quick-ship options including the Presto program with pre-dyed yarn colours.

Differentiator

Problem solved

Functional benefit

Brands

• Edward Fields: American subsidiary specializing in luxury carpets and rugs
• Cogolin

Products and services

• Tai Ping Carpets Handcrafted bespoke carpets and rugs created through artisanal hand-tufting and hand-knotting techniques. Tailored custom projects collaborating with architects and interior design professionals across Residential, Boutique Store, Yacht, Aviation, and Hospitality sectors.
• Edward Fields American subsidiary brand specializing in handcrafted rugs and carpets, noted for its nautical heritage and collaborations with yacht designers.
• Cogolin French luxury carpet manufacturer brand featured as an allied brand within the Tai Ping group.
• Studio by Tai Ping A branded contemporary collection line offered alongside the main Tai Ping brand.
• Sierra Collection Hand-knotted textures inspired by nature with organic forms and mineral tones designed to bring quiet depth and warmth to interior spaces.
• Overlay Collection Collection titled 'The Poetry of Stucco' — a study in surface that distills the handcrafted imperfection of traditional stucco into subtle variations of texture and tone.
• Biophilic Collection Design collection featuring biophilic design principles that bring nature-inspired elements into interior spaces.
• Yacht Collections Annual collections developed specifically for the yacht sector, with maritime-environment-specific design considerations. Any Tai Ping design can be customized for yacht interiors.
• In-Stock Rugs Ready-made rugs available for immediate delivery from showrooms and through branded e-commerce platforms in Hong Kong, UK, France, and US markets, including quick-ship options for accelerated delivery.
• Bespoke Design Services Custom carpet design and manufacturing services collaborating with architects and interior design professionals, with an in-house design team guiding clients through every step from concept to installation.

Quantifiable outcome

• 30% reduction in input material weight and output waste over eight years
• +5 more outcomes

Named customers33 records

Segments5 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Design Trust Futures StudiominorStrategic or Co-development Partner · 1 January 2019Partnership on year-long initiative titled Heritage is Innovation involving upcycling of yarn scraps to make decorative vases, supporting sustainable practices and design innovation.
• Label STEPcoreStrategic or Co-development PartnerTai Ping is a certified Label STEP Fair Trade Partner, committing to independent audits throughout the supply chain and supporting producer improvements through educational programs covering health, safety, and financial literacy. The partnership ensures fair wages and prohibits child labour in hand-knotted rug production.
• Edward FieldscoreOthersAmerican subsidiary brand specializing in luxury carpet design, featured alongside Tai Ping on the parent company website. The company participates in the Monaco Yacht Show paying homage to Edward Fields' nautical heritage.
• CogolinminorOthersFrench manufacture Cogolin is featured alongside Tai Ping as a related brand on the company website, suggesting an alliance or shared ownership within the luxury carpet group.
• Sandrolini ArchitectureminorStrategic or Co-development PartnerParis-based architecture firm designed Tai Ping's state-of-the-art manufacturing workshop in Xiamen, China, incorporating environmentally-friendly elements and sustainable design features.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Edward Fields: Wholly-owned American subsidiary of Tai Ping specializing in luxury handcrafted carpets with nautical heritage. Operates as an independent-feeling brand while sharing parent manufacturing, directly comparable in product, customer base (architects/designers), and bespoke trade model.
• Cogolin (Manufacture Cogolin): French luxury carpet manufacturer and Tai Ping-related brand within the same group. Comparable product category, custom trade model, and overlap in hospitality and boutique retail customers in European markets.
• The Rug Company: UK-based luxury rug maker founded in the 1990s operating showrooms worldwide and collaborating with leading designers (Paul Smith, Alexander McQueen). Directly comparable in bespoke designer-collaboration model, premium positioning, and trade/retail distribution across the same global cities.
• Stark Carpet: Major American luxury carpet company serving residential and hospitality interior designers through showrooms across the US. One of Tai Ping's most direct competitors in the US design-professional channel, with comparable custom and broadloom product offerings.
• Brintons: Historic UK-based woven carpet manufacturer (est. 1783) specializing in Axminster and Wilton weaves for hospitality and residential luxury. Comparable in heritage brand positioning, custom woven construction, and strong presence in luxury hotel projects globally.
• Luke Irwin: Bespoke UK luxury rug maker specializing in hand-tufted custom designs for residential and commercial projects. Direct comparable in artisanal craftsmanship, trade-professional model, and designer collaborations (e.g., Kit Kemp).
• Fort Street Studio: Design-led handmade rug company producing contemporary artist-designed and bespoke rugs for luxury residential and commercial projects. Comparable in artisan positioning, designer/artist collaborations, and trade-channel sales to architects and designers.
• Patterson, Flynn & Martin: US luxury carpet company offering custom, antique reproduction, and broadloom products through designer showrooms. Directly comparable in custom handwoven manufacturing, design-professional channel, and luxury residential/hospitality customer base.

Broad incumbents

• Nourison: Large US-based rug and carpet manufacturer/retailer with broad product range across luxury and mid-tier segments. Overlaps with Tai Ping in handmade rug category but operates at significantly higher volume and broader price tiers, making it a broader-incumbent peer.

Emerging players

• Bentley Home (Luxury Living Group): Luxury furnishing brand under Luxury Living Group producing Bentley-branded home collections including rugs and carpets. Comparable in ultra-luxury positioning, designer/brand collaborations, and presence in luxury residential projects, but with a broader home-furnishings portfolio rather than carpet specialization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCI-v-PRoJzABN7OMhnUwPuA
• Facebookfacebook.com/taipingcarpets
• LinkedInlinkedin.com/company/tai-ping-carpets
• Instagraminstagram.com/taipingcarpets

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tai Ping