From 2013 to 2023, the production of carpets and rugs in Germany experienced numerous fluctuations. There was moderate growth until 2016, followed by a sharp decline starting in 2018, reaching a significant drop by 2020. The production volume stood at 60.131 million square meters in 2023, marking a slight decrease from the previous year. The average annual change over the last five years (CAGR) was -5.29%, and the year-on-year variation from 2022 to 2023 was -3.01%.
Looking forward, the forecast indicates a continuing downward trend, projecting a year-on-year decrease of 6.73% on average, leading to a production volume of 39.458 million square meters by 2028. This suggests a decrease of approximately 29.43% over the forecasted period.
Future trends to watch for include potential market saturation, shifts in consumer preferences towards alternative flooring solutions, and possible economic factors impacting production and demand in the region.
