The Woven Carpets and Other Woven Textile Coverings market in Portugal, measured in million square meters, exhibited fluctuations over the past decade with a general decline. In 2023, the volume stood at 1.6879 million square meters. The recent years witnessed a consistent decrease, with a year-on-year drop of 2.25% in 2023 and an average annual decline (CAGR) of 0.89% over the last five years. The downward trend highlights challenges in market demand and production efficiency.

Future trends to watch for include:

Potential recovery in demand as economic conditions improve post-pandemic.
Increasing interest in sustainable and eco-friendly textile solutions.
Technological advancements in weaving technology could stimulate market growth.
Shifts in consumer preferences towards alternative flooring options could impact volume.