In 2023, Germany and the Netherlands dominated the European market for needlefelt carpets and textile floor coverings, contributing 44.95% and 41.42% respectively of sold production in euros. The United Kingdom followed with 11.19%. Significant growth was observed in Finland, with a 47.26% increase, contrasting with declines in Germany (-7.69%), the Netherlands (-5.19%), and the UK (-6.11%). Overall, the market showed diverging trends across the region, indicating varied demand dynamics.
Future trends to watch include:
- Potential recovery in key markets like Germany and the Netherlands.
- Continued growth in smaller markets such as Finland and Denmark.
- Technological advancements and sustainability trends influencing production and demand.
Top countries in Sold Production of Needlefelt Carpets and Other Needlefelt Textile Floor Coverings Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 44.95 | 2023 | +0.21% | -7.69% | View data |
| 2 | 2 Netherlands | 41.42 | 2023 | +3.54% | -5.19% | View data |
| 3 | 3 United Kingdom | 11.19 | 2023 | -6.13% | -6.11% | View data |
| 4 | 4 France | 3.36 | 2021 | +15.4% | View data | |
| 5 | 5 Finland | 2.59 | 2023 | +47.35% | +47.26% | View data |
| 6 | 6 Estonia | 1.57 | 2023 | +6.25% | -1.57% | View data |
| 7 | 7 Denmark | 0.26 | 2023 | +5.24% | +2.14% | View data |
| 8 | 8 Portugal | 0.023 | 2021 | +28.94% | View data |