In 2023, the number of enterprises in the carpets and rugs sector in Italy stood at 110. Forecasted data from 2024 to 2028 show a gradual decline, with the number decreasing from 109 in 2024 to 106 in 2028. This represents a year-on-year decline of approximately 0.92% over the period. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -0.73%.
Future trends to watch for:
- Potential effects of digital transformation and e-commerce on traditional manufacturing and sales channels.
- Increasing influence of sustainability practices on production and sourcing within the sector.
- Potential shifts in consumer preference towards innovative or unconventional carpet and rug materials.