The market for tufted carpets and other tufted textile floor coverings in Estonia saw a fluctuating growth over the past decade, reaching 6.2877 million Euros in 2023. The market exhibited an uneven trend, with a significant dip in 2021 before recovering in subsequent years, achieving a modest year-on-year growth of 6.44% in 2023. Over the past five years, the compound annual growth rate (CAGR) was relatively sluggish at 0.15%, indicating stagnation.
Future trends to watch for include increased demand driven by sustainable practices and eco-friendly products, as well as technological innovations in textile manufacturing. Global economic conditions, housing market trends, and consumer preferences for home furnishings will also influence market dynamics in Estonia.
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,768,700,000 | 2023 | +0.37% | +0.63% | View data |
| 2 | 2 Germany | 728,220,000 | 2023 | -0.92% | -1.93% | View data |
| 3 | 3 Netherlands | 380,120,000 | 2023 | -0.67% | -1.27% | View data |
| 4 | 4 France | 282,650,000 | 2023 | -0.53% | +0.2% | View data |
| 5 | 5 Czech Republic | 183,970,000 | 2023 | +9.77% | +3.53% | View data |
| 12 | 12 Croatia | 20,717,000 | 2023 | +2.97% | +1.66% | View data |
| 13 | 13 Lithuania | 9,392,400 | 2023 | +5.15% | +6.41% | View data |
| 14 | 14 Estonia | 6,287,700 | 2023 | +6.44% | +0.15% | |