Forecast: Import of Woven Pile Carpet of Manmade Yarn, Made Up to Japan

In 2023, Japan's import of woven pile carpet made of manmade yarn stood at an undisclosed value, forming the basis for a declining trend observed in subsequent forecast years. From 2024 to 2028, imports are anticipated to decrease from 55.725 million USD to 50.58 million USD. Specifically, year-on-year variations highlight a consistent decrease, with values forecasted to drop by approximately 2% annually. Over the five-year forecast horizon, this translates to a compound annual growth rate (CAGR) of around -2%, indicating a steady contraction in this market segment.

Future trends to watch:

  • Potential shifts in consumer preferences towards sustainable materials that may impact synthetic carpet imports.
  • Global economic factors, including currency fluctuations and trade policies, that could influence import volumes and values.
  • Technological advancements in alternative flooring solutions that could further reduce demand for traditional woven carpets.

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