The market is dominated by foreign suppliers, as imports account for 62.1% of total market size in 2023. Households drive market demand, with household spending representing 64.7% of total demand in 2023. Italy has the seventh largest market size for carpets and rugs regionally, with demand reaching USD587 million in 2023. Radici Pietro Industries & Brands SpA is the largest company in Italy, generating 9.5% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 28.8% of total production value in 2023. The total number of companies decreases in 2023, to 408 units. The costs of the industry increase by 12% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 9.7% of production value in 2023, the 11th highest regionally. The industry’s exports share decreases in 2023 to 53.3% of total production output. With production value of USD405 million, Italy accounts for 3.9% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Carpets and Rugs in Italy: 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 Italy: 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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