The sold production of carpets and other textile floor coverings in Spain experienced fluctuations from 2013 to 2023. Starting at 32.893 million square meters in 2013, it peaked at 35.488 million square meters in 2014. However, a downward trend followed, with significant drops in 2019 and 2020. Production reached a low of 15.515 million square meters in 2020, influenced by external factors like the global pandemic. In 2023, production stood at 26.644 million square meters, showing some recovery. The last two years saw variations of 49.09% in 2022 and 6.87% in 2023, with a 5-year average variation (CAGR) of -3.64%.
Future trends to watch for include:
- Continued fluctuation with a slight decline projected, potentially stabilizing around 23 million square meters by 2028.
- Factors such as economic recovery post-pandemic and technological advancements in textile production could impact the market positively or negatively.
- Market responses to environmental regulations and sustainable practices may also play a critical role in shaping future production trends.