The European market for carpets and rugs shows significant variation among countries. In 2023, the Netherlands led with a share of 26.55%, followed by Belgium (20.15%) and the United Kingdom (18.44%). Germany and France trailed, holding 10.79% and 6.17% respectively. Smaller markets included Italy, Denmark, Spain, and Austria. Notably, the Netherlands experienced a slight growth of 0.5%, while Belgium saw a notable decline of 6.48%. Finland and Portugal are notable for their growth at 4.41% and 2.45%. In contrast, Eastern European countries posted smaller numbers but some, like Bulgaria and Lithuania, showed remarkable growth.
Looking forward, potential trends include:
- Stability in top markets like the Netherlands and Germany, facing moderate growth pressures.
- Possible decline in Belgium's market share if current trends continue.
- Eastern European countries like Bulgaria and Lithuania may see increasing contributions and should be watched for future growth potential.
- Climate and sustainability trends can impact material preferences and production processes industry-wide.
Top countries in Sold Production of Carpets and Rugs Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 26.55 | 2023 | +3.92% | +0.5% | View data |
| 2 | 2 Belgium | 20.15 | 2023 | -4.11% | -6.48% | View data |
| 3 | 3 United Kingdom | 18.44 | 2023 | -1.26% | -1.01% | View data |
| 4 | 4 Germany | 10.79 | 2023 | +0.026% | -1.33% | View data |
| 5 | 5 France | 6.17 | 2023 | -0.8% | -4.89% | View data |
| 6 | 6 Italy | 4.71 | 2023 | +6.49% | -1.2% | View data |
| 7 | 7 Denmark | 3.88 | 2023 | +3.18% | -0.32% | View data |
| 8 | 8 Spain | 3.1 | 2023 | +3.67% | +0.49% | View data |
| 9 | 9 Austria | 2.09 | 2023 | +24.7% | +0.55% | View data |
| 10 | 10 Portugal | 1.68 | 2023 | +3.99% | +2.45% | View data |
