In 2023, the market size value per capita for knotted carpets and other knotted textile floor coverings in the UK was slightly above the forecast values for 2024. The forecast for 2024 is 0.6 Euros per capita, with a small drop anticipated to 0.58 Euros by 2028. The year-on-year variation shows a slight decline in the market value per capita, around 1.67% from 2024 to 2025, and stabilizing through to 2028, bringing an average annual decline (CAGR) of approximately 0.84% from 2024 to 2028.

Future trends to watch for in this market include:

Potential economic factors impacting consumer spending on high-quality textile floor coverings.
Shifts in home renovation trends potentially boosting demand.
Emergence of sustainable and eco-friendly alternatives affecting traditional knotted carpets' popularity.