The woven carpets and textile coverings market in Croatia showed modest fluctuations between 2013 and 2023, reaching 693.6 thousand square meters in 2023. After peaking in 2017, a consistent decline marked the subsequent years, only to slightly recover with a 2.15% year-on-year increase in 2023. Over the last five years, the market displayed a negative compound annual growth rate (CAGR) of -1.53%, indicating a gradual contraction in demand.
Future trends to watch for include:
- Innovation in eco-friendly materials impacting production and design.
- Potential market shifts due to evolving consumer preferences towards sustainable products.
- Impact of global supply chain dynamics on local availability and pricing.