From 2013 to 2023, the gross investment in the carpets and rugs sector in France demonstrated significant volatility. After a steep decline in 2013, the sector experienced substantial growth until 2016. A notable dip occurred in 2017 and 2018, followed by a recovery by 2021. By 2023, the sector stood at 12.6 million Euros, exhibiting a positive year-on-year growth rate of 17.76% and a five-year CAGR of 29.2% from 2019 to 2023.
Future trends to watch for:
- Sustained stability: The sector is forecasted to maintain steady investments at 12.7 million Euros from 2025 to 2028.
- Slight growth: A modest five-year CAGR of 0.16% is expected, indicating minimal growth potential.
- Industry consolidation: With limited investment growth, market consolidation may drive future industry dynamics.