The forecasted import values of woven carpets and floor coverings into the US from 2024 to 2028 are as follows (in Billion US Dollars):
- 2024: 1.7899
- 2025: 1.8502
- 2026: 1.9094
- 2027: 1.9673
- 2028: 2.0242
Year-on-year percentage variations:
- 2024-2025: 3.37%
- 2025-2026: 3.20%
- 2026-2027: 3.03%
- 2027-2028: 2.89%
The Compound Annual Growth Rate (CAGR) over the period 2024 to 2028 is approximately 3.12%.
Future trends to watch include the impact of sustainable material sourcing, the rise of smart homes affecting design preferences, and potential shifts in trade policies. These factors could influence both demand and supply dynamics significantly.
