The carpets and rugs sector in Spain saw significant variation in production value from 2013 to 2023. In 2023, the production stood at 170.1 million euros, representing a 2.97% increase from the previous year. After a notable decline in 2020, the sector experienced steady growth with a positive CAGR of 0.26% over the last five years. The industry recovered steadily post-2020 and is anticipated to continue this trend, reaching 176.8 million euros by 2028, with a forecasted CAGR of 0.61% over the next five years.
Future trends to watch for include:
- Innovations in sustainable and eco-friendly materials.
- Increased demand for custom and personalized rug solutions.
- Expanding online sales channels and e-commerce influence.
- Potential impacts of global trading conditions and material supply chains.
