The carpets and rugs market volume in Portugal stood at 12.833 million square meters in 2023. Over the last two years, the market saw slight growth with a year-on-year increase of 5.72% in 2022, followed by a marginal rise of 0.67% in 2023. The five-year CAGR reflects a small decline of 0.24%, indicating a generally stagnant market with some fluctuations.

Future trends to watch for include:

Potential growth driven by increasing demand for home renovation and aesthetic enhancements.
Impact of sustainability trends on material preferences.
The influence of macroeconomic factors on consumer spending.