The market is dominated by domestic suppliers, as imports account for 43.4% of total market size in 2020. Households drive market demand, with household spending representing 91.1% of total demand in 2020. Russia has the largest market size for carpets and rugs in the region, with demand reaching USD784 million in 2020. Vest-Karpets is the largest company in Russia, generating 10.9% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 29.2% of total production value in 2020. The total number of companies decreases in 2020, to 296 units. The costs of the industry decrease by 17.1% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 15.0% of production value in 2020, the second highest in the region. With production value of USD137 million, Russia accounts for 20.1% of the Eastern Europe total in 2020.
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This Euromonitor industrial report provides unique information on Carpets and Rugs in Russia: 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 Russia: ISIC 1722 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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