The Carpets and Rugs market in Germany demonstrated a declining trend from 2013 to 2023, decreasing steadily from €21.62 per capita to €16.07 per capita. In 2023, the market stood at €16.07 per capita. The last two years of data show a decrease of approximately 4.34% between 2021 and 2022, and a further decline of about 3.08% from 2022 to 2023. The 5-year compound annual growth rate (CAGR) from 2018 to 2023 was about -1.70%, indicating a consistent downward trend.
Future trends to watch for:
- Potential shifts in consumer preferences towards sustainable and eco-friendly materials.
- Innovations in carpet technology potentially affecting demand.
- Economic factors such as household income or housing market changes impacting per capita spending.
How does Germany rank in Carpets and Rugs Market Size Value Per Capita?
| # | 14 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 33.14 | 2023 | View data | ||
| 2 | 2 Finland | 27.57 | 2023 | View data | ||
| 3 | 3 Sweden | 26 | 2023 | View data | ||
| 4 | 4 Czech Republic | 21.01 | 2023 | View data | ||
| 5 | 5 Austria | 19.71 | 2023 | View data | ||
| 6 | 6 Germany | 16.07 | 2023 | |||
| 7 | 7 Denmark | 14.84 | 2023 | View data | ||
| 8 | 8 France | 12.61 | 2023 | View data | ||
