The production value of carpets and rugs in Austria shows considerable variation over the past decade. From 2013 to 2023, there have been significant fluctuations, including a notable dip in 2018 followed by a strong recovery in 2019. By 2023, the production value stood at 85.0 million euros, representing a modest year-on-year increase of 3.28% and a robust 5-year CAGR of 11.11%. The forecasted data from 2024 through 2028 indicate a steady but slow growth, with an overall 5-year CAGR of 0.19% and a cumulative growth rate of 0.94%.

Future trends to watch for:

Continued stabilization in production values post-2023
Potential impact of economic conditions and consumer spending patterns on production
Innovation and sustainability trends within the textile industry
Influence of global trade policies on production and exports