The Carpets and Rugs Market in Bulgaria reached 3.2023 million square meters in 2023, showing a year-on-year growth of 1.6% from 2022. The market experienced fluctuations over the past decade, with the compound annual growth rate (CAGR) standing at 3.06% for the last five years, indicating moderate growth. Noteworthy trends included a strong performance between 2019 and 2021, contrasted by a dip in demand in 2022.
Future trends to watch for include potential impacts from shifting consumer preferences towards sustainable products, the increasing influence of online retail channels, and economic factors that could influence household spending on home furnishings.
