Between 2013 and 2023, the market for tufted carpets and other tufted textile floor coverings in Sweden experienced substantial fluctuations. It initially grew, with the market peaking in 2019 at 132.19 million euros, presenting a positive trend from 2013. However, there was a notable decline in value from 2020 onwards, reaching 102.78 million euros in 2023. The last two years saw year-on-year decreases of 4.77% and 5%. The five-year compound annual growth rate (CAGR) from 2018 to 2023 was -3.19%, indicating a notable market contraction.
Future trends to watch for include:
- Potential economic recovery post-pandemic, potentially revitalizing market demand.
- Increasing interest in sustainable and eco-friendly home products which may influence consumer preferences.
- Technological advancements in carpet manufacturing might introduce new product offerings.
How does Sweden rank in Tufted Carpets and Other Tufted Textile Floor Coverings Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,768,700,000 | 2023 | +0.37% | +0.63% | View data |
| 2 | 2 Germany | 728,220,000 | 2023 | -0.92% | -1.93% | View data |
| 3 | 3 Netherlands | 380,120,000 | 2023 | -0.67% | -1.27% | View data |
| 4 | 4 France | 282,650,000 | 2023 | -0.53% | +0.2% | View data |
| 5 | 5 Czech Republic | 183,970,000 | 2023 | +9.77% | +3.53% | View data |
| 6 | 6 Spain | 166,700,000 | 2023 | +2.6% | +1.23% | View data |
| 7 | 7 Sweden | 102,780,000 | 2023 | -5% | -3.19% | |
| 8 | 8 Romania | 70,485,000 | 2023 | +7.04% | +2.16% | View data |
| 9 | 9 Finland | 65,273,000 | 2023 | +2.6% | +3.38% | View data |
