In 2023, the sold production of needlefelt carpets and other textile floor coverings in Germany stood at approximately 120 million Euros. Between 2024 and 2028, the forecast indicates a steady decline: from 110.42 million Euros in 2024 to 73.07 million Euros by 2028. Year-on-year percentage changes show a consistent decrease in production value, signaling a downward trend across the period. The five-year compound annual growth rate (CAGR) highlights an average annual decline, emphasizing a gradual contraction in the market.
Future trends to watch include advancements in sustainable materials, shifts in consumer preferences towards alternative floor coverings, and potential impacts of economic and environmental policies that could influence production and demand dynamics.
