Between 2013 and 2023, the consumption of needlefelt carpets in Estonia grew from 0.44 to 0.71 square meters per capita. The market saw a compound annual growth rate (CAGR) of about 5.8% over the last five years. A notable decline occurred in 2020, likely due to COVID-19 impacts, yet recovery was strong with a 29% increase by 2023. The year-on-year growth from 2022 to 2023 was approximately 1.4%, signaling stable growth.
Future trends to watch include potential innovations in eco-friendly products, growth in the housing sector, and shifts in consumer preferences that may impact demand for specialized and sustainable floor coverings.
