Between 2013 and 2023, the German market for woven carpets and other woven textile coverings exhibited significant fluctuations. The market value reached 377.87 million Euros in 2023, a decrease of 1.22% from 2022, signaling a modest decline. Year-on-year variations across the decade highlight a sharp downturn in 2016, followed by periods of recovery and expansion, with the highest growth witnessed in 2021, at 11.35%. The 5-year CAGR up to 2023 was 10.94%, underscoring a period of robust growth despite recent declines.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and eco-friendly products, technological advancements in textile production, and possible impacts from economic conditions. These factors could influence both market dynamics and competitive positioning.
How does Germany rank in Woven Carpets and Other Woven Textile Coverings Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 377,870,000 | 2023 | -1.22% | +10.94% | |
| 2 | 2 United Kingdom | 213,510,000 | 2023 | -3.15% | -3.6% | View data |
| 3 | 3 France | 183,400,000 | 2023 | +3.73% | +1.8% | View data |
| 4 | 4 Sweden | 99,095,000 | 2023 | +1.23% | +3.26% | View data |
| 5 | 5 Poland | 86,398,000 | 2023 | +1.69% | -3.47% | View data |
