The market is dominated by foreign suppliers, as imports account for 55.6% of total market size in 2022. Households drive market demand, with household spending representing 88.4% of total demand in 2022. Germany has the third largest market size for carpets and rugs regionally, with demand reaching USD2.7 billion in 2022. Dura Tufting GmbH is the largest company in Germany, generating 18.8% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 66.8% of total production value in 2022. The total number of companies decreases in 2022, to 314 units. The costs of the industry decrease by 1.9% in 2022, largely driven by declining labour costs. The industry’s profitability increases and stands at 4.1% of production value in 2022, the 16th highest regionally. The industry’s exports share decreases in 2022 to 20.2% of total production output. With production value of USD401 million, Germany accounts for 3.6% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Carpets and Rugs in Germany: 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 Germany: 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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