The number of employees in Spain's carpets and rugs sector has experienced fluctuations over the past decade. Beginning with a decline from 2013 to 2014, the sector saw a rebound with notable growth periods, especially from 2015 to 2017. The data depicts a major increase in 2020, likely spurred by particular market dynamics. Despite a minor decline in 2021, the numbers continued showing a steady upward trend from 2022, reaching 1150 employees in 2023. The anticipated CAGR from 2024 to 2028 is low at 0.44%, indicating a relatively stable but slow growth pattern.
Future trends to watch for:
- Technological advancements impacting production efficiency.
- Increasing emphasis on sustainable and eco-friendly products.
- Potential market disruptions due to changes in consumer behavior and global trade policies.