In 2023, the import of textile wall coverings to Germany was at a certain volume, providing a foundation for the forecast from 2024 onwards. The forecasted data for 2024 to 2028 depicts a consistent year-on-year decline in import volumes. The import is expected to decrease by 13.57% from 2024 to 2025, followed by a 15.54% decline to 2026, a 18.24% decrease in 2027, and a 22.09% drop by 2028. The compound annual growth rate (CAGR) over the forecast period highlights an average annual decline.
Future trends to consider include:
- Potential changes in consumer preferences toward environmentally friendly alternatives might impact the textile wall coverings market.
- Trade policies and international relations could influence import strategies and costs, affecting future volumes.
- Technological advancements in home decor could lead to new competition or shifts in demand.