Year-on-year percentages:
- 2024: 12.748 million sqm (forecasted)
- 2025: 14.921 million sqm (17.06% increase)
- 2026: 17.073 million sqm (14.43% increase)
- 2027: 19.203 million sqm (12.51% increase)
- 2028: 21.312 million sqm (10.97% increase)
Compound Annual Growth Rate (CAGR) over the last five years: 12.19% per year.
Future Trends to Watch
The Belgian import market for carpets and textile floor coverings is expected to grow at a solid pace, with a CAGR of 12.19% over the next five years. Key trends to watch include consumer demand shifts towards sustainable and eco-friendly floor coverings, advancements in textile technology, and the impact of global trade dynamics on import costs.
