The import of woven carpets of manmade yarn into the US is forecasted to grow steadily from 2024 through 2028. After reaching 16.8 million kilograms in 2023, forecasts show a gradual increase, with volumes expected to reach 20.518 million kilograms by 2028. This indicates a positive annual compound growth rate (CAGR) over the five-year forecast period, reflecting consistent demand and expansion in the US market.
Year-on-year variations illustrate a healthy upward trend, with increases projected each year. The percentage growth from 2024 to 2025 is expected to be around 4.22%, followed by 3.97% for 2025 to 2026, 3.75% for 2026 to 2027, and 3.53% for 2027 to 2028.
Future trends to watch include potential shifts in consumer preferences towards synthetic materials, economic factors influencing purchasing power, and environmental considerations impacting the choice of raw materials in carpet manufacturing. Monitoring these variables could provide insights into future import dynamics of woven carpets in the US market.
