Between 2013 and 2023, the per capita volume consumption of woven carpets and other woven textile coverings in Italy showed a general declining trend, starting at 0.18 square meters per capita in 2013 and decreasing to 0.11 by 2023. The steepest drop was observed in 2017 and 2018, from 0.14 to 0.12 square meters per capita, followed by minor fluctuations with a continued declining trajectory.
Key Year-on-Year Trends:
- Between 2019 and 2020, the market stabilized with no significant change.
- 2021 to 2023 saw another decline, though at a slower rate than previous years.
- The last five years’ CAGR indicated an average annual decrease in per capita volume.
Future Trends to Watch:
Forecasts suggest a continued decrease or stabilization in per capita consumption, influenced potentially by factors like changing consumer preferences, increased popularity of alternative flooring solutions, environmental concerns, and economic factors. Industry players should focus on innovation and sustainable products to appeal to evolving markets.
