In Denmark, the forecasted per capita consumption of carpets and rugs shows a decreasing trend from 2024 to 2028. This decline follows a consistent annual decrease pattern, with the values dropping from 2.21 square meters per capita in 2024 to 2.07 square meters per capita by 2028. The downward trend started before 2024 when the per capita consumption stood higher in 2023.
The yearly variations in percentage terms highlight a steady decline: the year-on-year decrease between 2024 and 2025 is approximately -1.81%, between 2025 and 2026 is -1.38%, between 2026 and 2027 is -1.40%, and between 2027 and 2028 is -1.90%. Looking at the compound annual growth rate (CAGR) from 2024 to 2028, the per capita consumption contracts at an approximate average rate of -1.62% per annum.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and durable flooring options, which could further influence the market dynamics of carpets and rugs in Denmark. Additionally, economic factors such as fluctuations in disposable income and housing market developments will play crucial roles in shaping the demand.
