| Year | Value (in Million US Dollars) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 114.95 | - |
| 2025 | 117.09 | 1.87% |
| 2026 | 119.18 | 1.79% |
| 2027 | 121.23 | 1.72% |
| 2028 | 123.25 | 1.67% |
5-Year CAGR: 1.76%
The import of textile floor coverings and carpets to South Korea is expected to see a steady growth with a CAGR of 1.76% from 2024 to 2028. This steady increment may be driven by continuous demand for home improvement products and the rising trend of home-based workspaces. Monitoring possible changes in trade policies, consumer preferences towards sustainable products, and economic conditions will be essential for a more accurate prediction.
