Forecast: Import of Felt Carpets and Floor Coverings to Japan

In 2023, Japan's import of felt carpets and floor coverings stood at 42.590 million US dollars. The forecast for 2024 shows an increase to 44.592 million US dollars, marking a year-on-year growth of 4.71%. In 2025, the imports are projected to rise by 4.85% to reach 46.754 million US dollars. The positive trend continues with imports expected to grow by 4.54% to 48.874 million US dollars in 2026. For 2027, the forecast is 50.951 million US dollars, a 4.25% increase from the previous year. By 2028, imports are anticipated to grow by 3.99%, reaching 52.986 million US dollars.

This steady increase in imports from 2024 to 2028 suggests a compound annual growth rate (CAGR) of approximately 4.46% over these five years.

Future trends to watch for include:

  • The impact of global supply chain dynamics on import costs and volumes.
  • Changes in consumer preferences towards eco-friendly or locally made flooring options.
  • Potential trade agreements or tariffs that may influence import patterns.

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