From 2012 to 2022, the Swedish carpets and rugs market experienced fluctuating growth. In 2012, the market value was 200.23 million Euros, and by 2022 it had grown to 265.4 million Euros. Significant year-on-year percentage changes include a decrease of 7.82% in 2012, followed by shifts such as a notable 8.51% increase in 2016, a 7.64% rise in 2017, and a peak increment of 8.22% in 2019. Over the five-year period leading up to 2022, the Compound Annual Growth Rate (CAGR) was 1.6%, indicating steady growth despite some annual fluctuations.
Future trends to watch for include:
- The impact of sustainability trends on consumer preferences and purchasing patterns.
- Market disruptions due to technological advancements in product design and manufacturing.
- Potential growth or decline influenced by economic conditions and consumer spending power in Sweden.
How does Sweden 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% | |
| 6 | 6 Czech Republic | 224,850,000 | 2023 | +1.17% | +0.7% | View data |
| 7 | 7 Austria | 177,610,000 | 2023 | +0.39% | +1.01% | View data |
