The market is dominated by foreign suppliers, as imports account for 74.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 84.5% of total demand in 2022. Canada has the sixth largest market size for carpets and rugs across the top 20 developed countries, with demand reaching USD1.5 billion in 2022. Dixie Group Inc, The is the largest company in Canada, generating 18.8% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 55.1% of total production value in 2022. The total number of companies increases in 2022, to 163 units. The costs of the industry decrease by 2.4% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 11.0% of production value in 2022, the 19th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 12.6% of total production output. With production value of USD286 million, Canada accounts for 3.6% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Carpets and Rugs in Canada: ISIC 1722. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Carpets and Rugs in Canada: ISIC 1722 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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