The forecast for the import of hand-woven and needle-worked tapestries, kit sets to the US shows a steady growth from 219.66 thousand kilograms in 2024 to 251.37 thousand kilograms in 2028. Assuming the base year 2023 had a similar volume, the year-on-year growth in 2024 is approximately 3.72%, followed by 3.73% in 2025, 3.51% in 2026, and 3.21% in 2027. This indicates a consistent upward trend. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 suggests an average annual increase of around 3.46%.
Future trends to watch for include:
- Demographic shifts toward craftsmanship and DIY activities driving demand
- Potential impact of economic factors or trade policies on import volumes
- Technological advancements in production affecting traditional craft imports