The production of textile wall coverings in the UK has experienced significant fluctuations over the years. In 2023, the production stood at 3.39 thousand kilograms. The early part of the last decade saw steep declines, with notable year-on-year decreases in 2014 and 2015. A recovery phase in 2016 was followed by another dip in 2017. The market saw a resurgence in 2018, only to face a series of declines from 2019 onward. The last two years notably witnessed an 8.3% decrease in 2023, after a 7.8% decline in 2022. The compound annual growth rate (CAGR) over the past five years is -11.15%, indicating a consistent downward trend.
Looking forward, the forecast indicates continuous declines, culminating in a projected value of 1.79 thousand kilograms by 2028. The average annual decrease for the next five years is expected to be around -10.14%, suggesting persistent challenges for the industry. Future trends to watch for include advancements in sustainable materials, shifts towards digital wall covering solutions, and potential impacts of Brexit on trade dynamics and market regulations.
