The Carpets and Rugs market in Portugal showed a per capita value growth from 5.47 Euros in 2013 to 12.4 Euros in 2023. The year-on-year increase from 2022 to 2023 was approximately 2.57%, while the compound annual growth rate (CAGR) over the last five years was roughly 6.37%. Over the past decade, the market has seen a steady escalation, especially notable between 2017 and 2023, reflecting a growing consumer interest in home decor and renovation.
Future trends to watch for:
- Increased demand for eco-friendly and sustainable carpet materials.
- Technological advancements leading to more customized and resilient products.
- Potential impact of global economic conditions on consumer spending.
- The influence of changing stylistic preferences on market dynamics.
How does Portugal rank in Carpets and Rugs Market Size Value Per Capita?
| # | 14 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 33.14 | 2023 | View data | ||
| 2 | 2 Finland | 27.57 | 2023 | View data | ||
| 3 | 3 Sweden | 26 | 2023 | View data | ||
| 4 | 4 Czech Republic | 21.01 | 2023 | View data | ||
| 5 | 5 Austria | 19.71 | 2023 | View data | ||
| 7 | 7 Denmark | 14.84 | 2023 | View data | ||
| 8 | 8 France | 12.61 | 2023 | View data | ||
| 9 | 9 Portugal | 12.4 | 2023 | |||
| 10 | 10 Slovakia | 9.98 | 2023 | View data | ||
| 11 | 11 Croatia | 9.28 | 2023 | View data | ||