In 2023, Italy led in European sold production of carpets and other textile floor coverings with a market share of 36.89%, while France followed with 27.79%. Spain held a 18.29% share, with the United Kingdom trailing at 3.51%. Smaller shares were observed in the Netherlands (2.99%), Portugal (2.08%), Denmark (1.48%), and Greece (1.23%). Lithuania, Croatia, and Hungary had minimal shares, below 0.1% each.
Year-on-year trends indicate varying growth rates across countries. Italy experienced a decrease of 2.31% from the previous year, while France saw a modest growth of 0.85%. Spain's share decreased by 3.64%, and the United Kingdom slightly declined by 0.041%. Notably, the Netherlands showed a significant increase of 6.84%, while Denmark and Croatia saw declines of 4.14% and 3.93% respectively. Greece increased by 2.08% and Hungary, despite its small base, surged by 22.73%.
Future trends to watch include potential market shifts driven by sustainability and eco-friendly product demands. Technological advancements in production processes and materials may alter market dynamics. Additionally, economic conditions, post-pandemic recovery, and changes in consumer preferences will significantly impact market shares in the coming years.
Top countries in Sold Production of Carpets and Other Textile Floor Coverings Share by Country (Square Meters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 36.89 | 2023 | +14.26% | -2.31% | View data |
| 2 | 2 France | 27.79 | 2023 | +13.84% | +0.85% | View data |
| 3 | 3 Spain | 18.29 | 2023 | +6.87% | -3.64% | View data |
| 4 | 4 United Kingdom | 3.51 | 2023 | -0.14% | -0.041% | View data |
| 5 | 5 Netherlands | 2.99 | 2023 | +1.04% | +6.84% | View data |
| 6 | 6 Portugal | 2.08 | 2021 | +12.18% | View data | |
| 7 | 7 Denmark | 1.48 | 2023 | -3.36% | -4.14% | View data |
| 8 | 8 Greece | 1.23 | 2023 | +7.6% | +2.08% | View data |
| 9 | 9 Lithuania | 0.024 | 2023 | -1.03% | -1.48% | View data |
| 10 | 10 Croatia | 0.009 | 2023 | +0.4% | -3.93% | View data |
