The Carpets and Rugs market in Sweden stood at an actual volume of 38.5 million square meters in 2023. Based on forecasted data, the market is expected to grow sequentially over the next five years, with 2024 projected to reach 39.554 million square meters, 2025 at 40.633 million square meters, 2026 at 41.692 million square meters, 2027 at 42.729 million square meters, and 2028 at 43.745 million square meters.
Year-on-year variations indicate a steady increase in market volume:
- 2024: 2.74%
- 2025: 2.72%
- 2026: 2.61%
- 2027: 2.49%
- 2028: 2.38%
The compound annual growth rate (CAGR) for the period 2024 to 2028 is approximately 2.59%.
Future trends to watch for include the increasing demand for sustainable and eco-friendly carpet and rug materials, advancements in manufacturing technologies, and a growing interest in smart home textiles offering added functionalities beyond traditional flooring solutions.