The turnover for carpets and rugs in Germany experienced fluctuations between 2013 and 2023, starting at 593.0 million euros in 2013 and reaching 573.4 million euros in 2023. Key variations include a peak in 2018 at 683.8 million euros, followed by a significant decline in 2020 to 476.7 million euros. The last two years showed a positive trend with a 4.86% increase from 2022 to 2023. The Compound Annual Growth Rate (CAGR) for the five years leading up to 2023 was -3.46%, indicating a general decline.

Future forecasts suggest a slight decrease in turnover with a forecasted five-year CAGR of -0.18% through 2028, indicating a general stagnation in the market. The value for carpets and rugs is expected to stabilize around 566 million euros by 2028.

Future trends to watch for:

Potential recovery driven by increased renovation and home improvement activities.
Sustainability trends influencing consumer preferences towards eco-friendly carpet materials.
Impact of technological advancements in carpet production and design.