The Czech Republic's carpets and rugs market saw varying growth between 2013 and 2023, ending with a market size of 224.85 million Euros in 2023. After a peak in 2017 influenced by a 19.73% increase, the market experienced fluctuations, notably a significant decline during 2020 due to a -14.98% decrease. It rebounded sharply in 2021 with a 21.98% growth. The average annual growth rate (CAGR) over the last five years has been moderate at 0.7%.
Future trends to watch for include:
- A focus on sustainability driving consumer preferences for eco-friendly rugs and carpets.
- Technological advancements facilitating innovative design and production processes.
- Potential market growth driven by a recovering and expanding housing sector.
How does the Czech Republic rank in Carpets and Rugs Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,249,800,000 | 2023 | +0.14% | +0.51% | View data |
| 2 | 2 Germany | 1,376,100,000 | 2023 | -2.47% | -1.51% | View data |
| 3 | 3 France | 841,600,000 | 2023 | +0.55% | +0.062% | View data |
| 4 | 4 Spain | 353,620,000 | 2023 | +1.17% | +1.98% | View data |
| 5 | 5 Sweden | 271,150,000 | 2023 | +2.22% | +2.61% | View data |
| 6 | 6 Czech Republic | 224,850,000 | 2023 | +1.17% | +0.7% | |
| 7 | 7 Austria | 177,610,000 | 2023 | +0.39% | +1.01% | View data |
| 8 | 8 Finland | 152,890,000 | 2023 | +6.02% | +3.06% | View data |
