Carpets & Rugs - EU-27
EU-27- In the year 2024, the Carpets & Rugs market in the EU-27 generates a substantial revenue of US$12.26bn.
- This market is projected to experience an annual growth rate of 2.07% (CAGR 2024-2029).
- When compared to other countries around Worldwide, United States leads the way in terms of revenue with a staggering US$18bn in 2024.
- Taking into consideration the population figures, the per person revenues in the EU-27 amount to US$27.41 in 2024.
- Germany, known for its high-quality craftsmanship, continues to dominate the Carpets & Rugs market in the EU-27 with its traditional designs and innovative manufacturing techniques.
- Key regions:
- Canada,
- France,
- China,
- Brazil,
- United States
Definition:
Carpets and rugs function, first and foremost, as furniture that adds color to a room and provides a decorative effect as well as making a floor more comfortable. They can be produced with a wide range of different materials, which means that there are a lot of choices when it comes to the product. This segment includes materials such as knotted, tufted, woven carpets, rugs, and needlefelt textile floor coverings.
Additional Information:
The Carpets & Rugs subsubsegment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This subsubsegment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.
In-Scope
- Knotted carpets
- Tufted carpets
- Woven carpets
- Rugs
- Needlefelt textile
Out-Of-Scope
- Parquet panels
- Wood blocks, strips, and friezes
