European carpet market forecast to grow by nearly 5%

The “Global Carpet Market” report from Esticast, has predicted that the compound annual growth rate for the European carpet market will be 4.8% by 2026. The European carpet market will then be worth about €59.57bn (£49.54bn).

There are many types of flooring competing with carpets, including vinyl, laminates and wood, but plenty of homes and businesses prefer traditional carpets or carpet tiles. The Esticast report acknowledges that carpets are popular because of their noise-insulating properties as well as how they look. Carpets also help conserve heat to keep rooms warmer.

The rise in demand for carpets is due to rising expenditure on home improvements, as well as industrial growth. The report predicts that there will be substantial demand for eco-friendly carpets made with natural materials and without polluting chemicals.

Thanks to these qualities, many home and business owners prefer the look and feel of carpets in their Chester, North Wales and Wrexham rooms. Premium grade wool carpets are popular for those who want to add a touch of luxury to a room. Another advantage of carpets is that they are available in a wide variety of colours and patterns to suit all room decor styles, and if carpet tiles are chosen, there is less waste, and the entire carpet does not need to be replaced if one area becomes worn or stained.

Hard flooring may be chosen for its practicality, but for walking barefoot in the home, people generally prefer a soft and warm carpet.