The Bulgarian carpets and rugs market displayed a fluctuating trend from 2013 to 2023, starting with a volume of 2.907 million square meters and reaching 3.2023 million square meters by 2023. Despite some declines, notably in 2016 and 2022, the market grew overall, with a CAGR of 3.06% over the last five years, indicating a modest yet steady expansion. Current year-on-year growth stood at 1.6% in 2023. Recent years demonstrate recovery and resilience, particularly after 2019.
Future trends to watch for:
- Impact of sustainable materials on market preferences.
- Technological advancements influencing design innovation.
- Increasing demand for home décor post-pandemic.
