The Carpets and Rugs market size in Finland exhibited notable fluctuations over the past decade, with values ranging from 87.096 million Euros in 2012 to 137.92 million Euros in 2022. The market experienced a dip between 2012 and 2014 with a slight recovery in 2015. This was followed by significant growth from 2016 onwards, peaking in 2019 at 142.48 million Euros. A noticeable decline was seen in 2020, likely due to global disruptions, but the market rebounded in 2021 and 2022. The year-on-year variations were particularly marked in years of strong recovery and growth, notably in 2016 and 2017. Over the last five years, the market achieved a compound annual growth rate (CAGR) of 3.35%.
Future trends to watch for in the Finnish Carpets and Rugs market include continued adaptation to global market dynamics, sustainable product innovations, and shifts in consumer preferences towards eco-friendly materials. Additionally, digital transformation in retail and increasing demand for home improvement products could further influence market growth.
How does Finland 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% | View data |
| 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 |
| 8 | 8 Finland | 152,890,000 | 2023 | +6.02% | +3.06% | |
| 9 | 9 Romania | 150,350,000 | 2023 | +6.15% | +6.21% | View data |
| 10 | 10 Portugal | 126,320,000 | 2023 | +2.04% | +5.53% | View data |