The market for woven carpets and other woven textile coverings in Finland exhibited substantial growth from 28.067 million euros in 2015 to 48.16 million euros in 2023. The sector faced volatility early on, notably dipping until 2015, but showed resilience by 2016, and posted a compound annual growth rate (CAGR) of 3.2% through 2023. From 2021 to 2023, the market maintained consistent, albeit modest, year-on-year growth of around 1.77%.
Future trends to watch for:
- Sustainability in production processes and increased consumer demand for eco-friendly products.
- Innovations in design and materials to cater to evolving consumer preferences.
- Potential economic impacts and shifts in consumer spending affecting market dynamics.
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 377,870,000 | 2023 | -1.22% | +10.94% | View data |
| 2 | 2 United Kingdom | 213,510,000 | 2023 | -3.15% | -3.6% | View data |
| 3 | 3 France | 183,400,000 | 2023 | +3.73% | +1.8% | View data |
| 4 | 4 Sweden | 99,095,000 | 2023 | +1.23% | +3.26% | View data |
| 5 | 5 Poland | 86,398,000 | 2023 | +1.69% | -3.47% | View data |
| 6 | 6 Finland | 48,160,000 | 2023 | +1.77% | +3.2% | |
| 7 | 7 Hungary | 17,417,000 | 2023 | +3.84% | +1.15% | View data |
| 8 | 8 Denmark | 16,208,000 | 2023 | -6.34% | -6% | View data |
