In 2023, before the forecast period, the sold production of knotted carpets and other knotted textile floor coverings in the UK had reached its most recent actual value. From 2024 to 2028, the forecasted values indicate a consistent upward trend.

The year-on-year variations show incremental growth: 2.1% in 2025, 2.0% in 2026, 1.9% in 2027, and 1.9% in 2028. Over the extended period of 2024 to 2028, the compound annual growth rate (CAGR) is projected to be approximately 1.9%, reflecting a stable growth trajectory.

Future trends to watch for include:

Potential impact of sustainable and eco-friendly production methods on consumer preferences and demand.
The influence of technological advancements in manufacturing processes on cost and efficiency.
Market responses to geopolitical and economic changes affecting trade and material costs.