From 2013 to 2023, the production value of carpets and rugs in Sweden showed volatility with values ranging from 46.1 to 58.2 million Euros. A significant drop occurred in 2020 by -13.99%, followed by a strong recovery in 2021 with a 16.05% increase. The value in 2023 stood at 58.2 million Euros, showing a moderate growth of 3.37% year-on-year.

The Compound Annual Growth Rate (CAGR) over the last five years was 1.7%, indicating steady, albeit slow, growth in the production value. Future projections suggest continued modest growth with a forecasted CAGR of 0.2% and an estimated value of around 59.1 million Euros by 2028.

Future trends to watch for:

Potential market disruptions due to global economic factors.
Innovations in sustainable materials and processes affecting production costs and value.
Consumer demand for eco-friendly and sustainable carpet and rug products.